Latest Stock Market News

Rate this item

(1 Vote)

The proposal to extend the trading timings, if implemented, may bring in tangible as well as intangible advantages. We will begin with discussing how this move may help in bolstering liquidity further in the Indian equity markets, particularly from Foreign Portfolio Players

Social enterprises are non-governmental organisations and are of two types — non-profit organisations (NPOs) and for-profit social enterprises (FPEs). An NPO is a charitable trust or a charitable society not operating for profit, whereas an FPE is a company or corporate body in the social space, operating for profit

The Nifty Realty index was trading 0.92 per cent down at 385.85.

Fear gauge index India VIX moved down 3.30% from 15.59 to 15.07 levels. Volatility slightly fell for the day but overall has been rising from the last four sessions. Option data suggests a broader trading range between 17,200 and 18,000 zones and an immediate trading range between 17,350 and 17,850 zones

“Bond markets are far more optimistic than the Fed. The US 10-year traditionally has a 100 bps premium to the Federal Funds rate. Now it is almost 100 bps below the Federal Funds rate. So even assuming some degree of inversion of the yield curve, clearly bond markets will need to reprise higher if the Fed sticks to even the 5.25%, not to speak of further hikes beyond.”

“The news flow around the Adani group is more or less factored in. The good part always was that large foreign institutions as well as mutual funds, PMS, etc, had very small holdings in these stocks. So to that extent, systemic risk is not so great for the equity markets. The risk was being felt more from the credit market point of view.”

In the Sensex pack, Asian Paints, L&T, Titan, IndusInd Bank and Bharti Airtel were the top laggards, falling about 1-3% each. On the flip side, Axis Bank, SBI, Tata Motors, Tata Steel and ITC closed with gains.

Rate this item

(1 Vote)

Nifty and Sensex have declined most so far in 2023 compared to global peers and saw the biggest fall in 2 months recently, tracking weak global sentiments and the ongoing sell-off in Adani stocks

Rupee inches higher as Asian FX attempts rebound

Updated at : 2023-02-23 17:20:03

Rate this item

(1 Vote)

Against a better economic growth outlook for this year and next compared to many major rivals, the benchmark BSE Sensex Index gained over 4% in 2022, making it one of the best performers among peers that mostly saw double-digit losses

Gold declines Rs 305; silver plummets Rs 805

Updated at : 2023-02-23 17:20:03

Rate this item

(1 Vote)

In the overseas market, both gold and silver were quoting lower at USD 1,827 per ounce and USD 21.57 per ounce, respectively

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.