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3rd Oct 2022
On Monday, Indian equity markets kicked off the first trading session of October on a weak note. At 9:20 am, Nifty 50 and Sensex are seen trading at levels of 17,070 and 57,300, down by 0.17% and 0.15%, respectively. Top Nifty gainers includ
Nifty index has formed a bullish engulfing candle after a 7.5% decline from the recent fall. Nifty recovered more than 50% of the weekly losses. After the RBI's policy announcement, the index rallied almost 440 points from the day low. The index a
30th Sep 2022
The fears of the US economy shrinking were already red-flagged by surveys well in advance. As the final estimates come out, the US economy shrank by -0.9% in the second June quarter, after already have shrunk in the March quarter. This is the second
The information technology (IT) industry in India recorded an employee attrition rate of an unprecedented 25.2% for the full fiscal year FY22. A recent report by Teamlease has highlighted that the IT industry would continue to lose valuable employees
Apollo Tyres catches speed on launching Apollo EnduTuff Mining and Apollo Terra MT. Apollo Tyres is currently trading at Rs 277.75, up 3% from its previous BSE close of Rs 270.75. The stock began trading at Rs 270.05 and has since reached highs an
On 29th September, the Securities & Exchange Board of India (SEBI) permitted Foreign Portfolio Investors (FPIs) to participate in the exchange traded commodity derivatives (ETCD) segment to increase depth and liquidity in the market. One question
List of top 5 gainers and losers in the Midcap and Smallcap segment for the week from September 23 to 29, 2022. During the last 5 trading sessions, the frontline index S&P BSE Sensex shed nearly 3% or 1688.96 points and closed at 56,409.96 o
There is good news on the macro front. The government at the centre has decided to cut its borrowing target for the second half of FY23 (H2-FY23) by Rs10,000 crore. Actually, it was estimated that the borrowings in the second half may go up because t
RBI announced the October 2022 monetary policy on 30th September, hiking the repo rates by another 50 basis points, along expected lines. Just look at the string of repo rates hikes done by the RBI. It hiked repo rates by 40 bps in May, 50 bps in Jun
For the quarter ended June 2022, the current account deficit widened sequentially from $13.40 billion in March 2022 quarter to $23.90 billion in June 2022 quarter. This was largely driven by merchandise trade deficit as we shall see in detail later.
Here’s a list of the top 5 gainers and losers this week in the large-cap space. Countries all over the world continue to tackle inflation woes. Following the US Fed’s recent rate hike of 75 bps, RBI today announced a rate hike of 50 bps. With
Our focus is to strengthen growth prospects in India, expand rapidly in international markets and develop new payment models, affirms Vishal Mehta, Managing Director, Infibeam Avenues Ltd. How is Infibeam Avenues uniquely positioned to
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