Industry body Amfi will have to ensure that such disclosure will be available on its website in a comparable, downloadable (spreadsheet) and machine-readable format. File | Photo Credit: Reuters To bring more transparency in disclosures made by AMCs and aid better decision-making by investors, Securities and Exchange Board of India (SEBI) on Friday (January 17,…
From the 30-share blue-chip pack, Infosys dropped nearly 6% despite raising its annual sales forecast for a third time this fiscal year. File | Photo Credit: Reuters Key benchmark indices Sensex and Nifty slipped into negative territory on Friday (January 17, 2025) after a three-day rally, dragged by selling pressure in Infosys, ICICI Bank and…
Photo used for illustration purpose only. | Photo Credit: Reuters The weaker rupee will push the country’s import bill due to higher payments for crude oil, coal, vegetable oil, gold, diamonds, electronics, machinery, plastics, and chemicals, economic think tank Global Trade Research Initiative (GTRI) said on Friday (January 17, 2025). Citing an example, it said…
Image used for representative purpose only. | Photo Credit: Reuters The rupee rose 3 paise to 86.58 against the U.S. dollar in early trade on Friday (January 16, 2025) on the back of softening American currency. Higher crude oil prices and volatile global trends failed to prevent the withdrawal of foreign funds from domestic equities,…
Representational image of the facade of the Bombay Stock Exchange (BSE) building in Mumbai | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty declined in early trade on Friday (January 17, 2025) after a three-day rally dragged by Infosys and Axis Bank. Also, continuous foreign fund outflows and muted global trends added to the…
Image for representative purposes only | Photo Credit: PAUL NORONHA Equity benchmark indices Sensex and Nifty rallied for the third session on the trot, helped by a rally in global markets after lower-than-expected consumer inflation in the U.S. ignited hopes of more rate cuts by the Federal Reserve. The 30-share BSE index climbed 318.74 points…
Image for representative purposes only | Photo Credit: Reuters The rupee depreciated 16 paise to close at 86.56 (provisional) against the U.S. dollar on Thursday (January 16, 2025), dragged down by a strong American currency overseas, elevated crude oil prices and foreign fund outflows. “However, positive domestic equity markets provided some cushion at the lower…
Adani Enterprises Limited. File | Photo Credit: Reuters Adani Group company shares rose sharply on Thursday (January 16, 2025) morning at stock exchanges hours after Hindenburg Research founder Nate Anderson announced his decision to disband the entity. He did not specify any specific reason for this abrupt move which comes days before regime change in…
Image for representational purposes only | Photo Credit: Reuters The rupee extended its recovery for the second straight session and settled with a gain of 13 paise at 86.40 (provisional) against the U.S. dollar on Wednesday (January 15, 2025), tracking favourable cues from domestic equity markets and softening crude oil prices. The American currency index…
Image for representational purposes only | Photo Credit: Reuters Benchmark indices Sensex and ticked higher for the second straight session on Wednesday (January 15, 2025), buoyed by buying in bellwether stock Reliance Industries, Zomato and Kotak Bank amid a largely firm trend in global markets. However, elevated crude oil prices in the international markets and…
