Posts in category Economic Times
Stock market update: Nifty Auto index advances 1.29% (28-03-2024)
The Nifty Auto index closed 1.29 per cent up at 21419.1.
Stock market update: Power stocks up as market rises (28-03-2024)
The 30-share BSE Sensex closed up 655.04 points at 73651.35
Rupee falls 6 paise to settle at 83.39 against US dollar (28-03-2024)
The rupee depreciated 6 paise to settle at 83.39 (provisional) against the US dollar on Thursday due to a strengthening greenback against major rivals overseas and rising crude oil prices in the international markets.
Stock market update: Nifty Pharma index advances 1.21% (28-03-2024)
The Nifty Pharma index closed 1.21 per cent up at 18996.15.
Stock market update: Nifty IT index advances 0.44% (28-03-2024)
The Nifty IT index closed 0.44 per cent up at 34898.15.
IREDA Board approves Rs 24,200 cr borrowing for FY25 (28-03-2024)
According to the filing, the Board of Directors, in its meeting held today -- Thursday, March 28, 2024 -- inter-alia has approved the borrowing programme of up to Rs 24,200 crore for FY 2024-25.
2 IPOs, backed by Vijay Kedia and Ashish Kacholia, booked over 10x each on Day 2 (28-03-2024)
The IPO of TAC Infosec saw an overall subscription of 17 times so far on the second day of bidding. Radiowalla Network IPO got over 10x subscriptions.
JPMorgan says US stocks are so crowded they may crack at any time (28-03-2024)
The Wall Street giant’s chief global equity strategist warned clients on Wednesday that they could be “stuck on the wrong side” of the momentum trade when it eventually falters, and he encouraged them to consider diversifying their holdings and thinking about risk management in their portfolios. He also reiterated his warning that excessive crowding in the market’s best-performing stocks raises the risk of an imminent correction.
F&O Stocks: Tata Chemicals, IDFC First Bank among 5 stocks with short buildup (28-03-2024)
When a trader is expecting the stock prices to fall, she may sell the stock without owning it and buy at a lower price. A short build-up happens when a stock price moves downward and open interest on the counter increases.
Expected bump in Japan inflation may add to BOJ’s communication challenge (28-03-2024)
An expected end to government subsidies to curb fuel bills will likely bump up Japan's inflation rate later this year, analysts say, complicating the central bank's efforts to communicate its intention to go slow in raising interest rates.