Posts in category Economic Times
Stock market update: Nifty Auto index falls 0.24% (29-05-2024)
The Nifty Auto index closed 0.24 per cent down at 23757.95.
Election stocks to buy: Phillip Capital has shortlisted 21 ideas for next 1 year (29-05-2024)
Brokerage firm Phillip Capital has provided a list of 21 stocks that it believes can potentially yield significant returns for investors in the next year, assuming the ruling BJP secures 290-300 seats in the Lok Sabha election results expected on June 4.
Stock market update: Nifty IT index falls 1.0% (29-05-2024)
The Nifty IT index closed 1.0 per cent down at 33542.7.
Stock market update: FMCG stocks up as market falls (29-05-2024)
The 30-share BSE Sensex closed down 667.55 points at 74502.9
Share market update: Most active stocks in today’s market in terms of volume (29-05-2024)
The NSE Nifty index closed 183.46 points down at 22704.7
Rupee sees worst day in 7 weeks on importers’ dollar demand, election risk (29-05-2024)
The Indian rupee logged its biggest daily decline against the U.S. dollar in nearly seven weeks on Wednesday, pressured by persistent dollar demand from importers and election-related risks.
Sensex slumps for 4th session, declines 668 pts; financials, IT bleed (29-05-2024)
Uncertainty around domestic election results and the timing of US rate cuts dampened investor sentiments. The broader Nifty dropped 183 points to end at 22,704. Meanwhile, investors lost Rs 1.83 lakh crore. Sector-wise, Nifty Financial Services fell 1.65%, while Nifty IT, Private Bank, and Oil & Gas declined by over 1%.
Market Mantra! Why putting your eggs in a few baskets could be a great idea (29-05-2024)
Capital allocation has been concentrated in specific sectors, leaving many with limited funding. Fund managers currently favour sectors like PSU, industrials, and defence, while showing less enthusiasm for FMCG and auto.
Foreigners lift India’s derivative holdings to record $101 billion (29-05-2024)
Foreign funds’ open interest, or the number of contracts outstanding in value terms, reached 8.4 trillion rupees ($101 billion) on the NSE Tuesday, data compiled by Bloomberg show.
IIFL Samasta aims to raise Rs 1000 crore in bonds, to pay 9.2-10.5% (29-05-2024)
The fund will be for onward lending and refinancing existing debt.