Posts in category Economic Times
Sebi warns ICICI Bank over outreach for ICICI Securities delisting (06-06-2024)
India's markets regulator has warned ICICI Bank over its employees reaching out to shareholders of its unit, ICICI Securities, to urge them to vote in favour of the unit delisting from stock exchanges, the bank said on Wednesday.
US stocks steady after labour market data; Nvidia boosts Nasdaq (06-06-2024)
The Dow Jones Industrial Average rose 18.07 points, or 0.05%, at the open to 38,825.40.
ECB jumps ahead of Fed, cuts interest rate by 25 bps for first time since 2019 (06-06-2024)
ECB raises inflation forecast for 2024, 2025. Analysts say the quarter-point cut on Thursday would likely not usher in a swift series of further cuts as the bank waits to make sure inflation is under control while easing credit to help the economy. While inflation at an annual rate of 2.6% in May is well down from the peak of 10.6% in October 2022, the decline has slowed in recent months and inflation even ticked up slighly from 2.4% in April.
Tech View: Profit booking likely at higher levels. Here’s how to trade on Friday (06-06-2024)
The short-term trend of Nifty remains positive despite high volatility. On moving above the hurdle of 22,250 level recently, Nifty still has chances to move towards the next upper hurdle of 23,200 in the near term.
European stocks at record on tech and ECB bets (06-06-2024)
The pan-European STOXX 600 benchmark rose by 0.7%, with the technology subindex surging 2.6%, driven by significant gains from Wall Street's tech giants.
Stock market update: Nifty Auto index advances 0.47% (06-06-2024)
The Nifty Auto index closed 0.47 per cent up at 24396.7.
Stock market update: Fertilisers stocks up as market rises (06-06-2024)
The 30-share BSE Sensex closed up 692.27 points at 75074.51
Sebi issues financial disincentives guidelines for bourses, other MIIs for surveillance lapses (06-06-2024)
Sebi on Thursday came out with a framework on "financial disincentives" for stock exchanges and other market infrastructure institutions for their lapses in detecting abnormal or suspicious trading activities to safeguard the interest of retail investors.
Nifty Bank pares gains but closes above 49,200; next target seen at 50,000: Experts (06-06-2024)
Tracking positive global cues, Nifty Bank rose 237 points to close at 49,291. The index saw some profit booking above the 49,600 level. PNB, Bank of Baroda and SBI closed with gains of 1-3%.
Stock market update: FMCG stocks up as market rises (06-06-2024)
The 30-share BSE Sensex closed up 692.27 points at 75074.51