Brent crude futures were up 33 cents, or 0.4%, at $77.48 a barrel at 0756 GMT on Friday, the last trading day of 2023
Posts in category Business Standard
Stock market investor base surges, UP upends Gujarat from the 2nd position (29-12-2023)
UP surpassed Gujarat to take the second position in 2023 by adding 33.8 per cent of new stock market investors
Kalpataru Projects soars 11% on winning new orders worth of Rs 3,244 crore (29-12-2023)
In the past one week, the stock of the civil construction company has surged 16 per cent
Tata Coffee, TCPL surge 4%; hit new highs on fixing record date for merger (29-12-2023)
Tata Coffee, Tata Consumer and its wholly-owned subsidiary TCPL Beverages and Foods merger to be effective from January 01, 2024; Record date for share swap set as January 05.
Innova Captab makes quiet debut at 2% premium; strengthens post listing (29-12-2023)
Soon after the listing, Innova Captab gained steam and moved to Rs 502, up 12 per cent over its issue price on the BSE
Equity market investors turn wealthier by Rs 80.62 trillion in 2023 (29-12-2023)
In a memorable year for the equity market, Dalal Street investors added a whopping Rs 80.62 lakh crore to their wealth in 2023 as a raft of positive factors powered a stellar rally in stocks.
Experts said India’s strong macroeconomic fundamentals, political stability owing to the BJP’s success in recent elections in three significant states, optimistic corporate earnings outlook, signals from the US Federal Reserve about three prospective rate cuts next year and heavy retail investors participation played a major role in fuelling the stock market rally in 2023.
Till December 28 this year, the 30-share BSE Sensex has jumped 11,569.64 points or 19 per cent.
The market capitalisation of BSE-listed companies has climbed sharply by Rs 80,62,310.14 crore so far this year to reach an all-time high of Rs 3,63,00,558.07 crore. At the close of trade on Thursday, the market valuation of BSE-listed firms reached the lifetime high.
The Indian market has demonstrated resilience, emerging as one
Retail trading boom doubles turnover of futures and options at NSE (29-12-2023)
Retail investors currently make up for more than 25% of the average daily turnover in derivatives. More than 8 million individual investors traded in this segment in 2023
Record eight-year winning streak seen extending for Indian equities (29-12-2023)
That’s the key takeaway from an informal Bloomberg News survey of 10 fund managers and strategists, seven of whom said the NSE Nifty 50 Index will rise in 2024
Gold price jumps Rs 430 to Rs 64,250, silver climbs Rs 300 to Rs 79,500 (29-12-2023)
The price of 22-carat gold climbed Rs 400, with the yellow metal selling at Rs 58,900