New all time high of Nifty registered at 19851 points

New Delhi (IANS) After witnessing high volatility at the highs on Tuesday, Nifty witnessed choppy movement for mid part and sharp upsurge in the later part of Wednesday and closed the day higher by 83 points, says Nagaraj Shetti, Technical Research…

Sensex moving towards 67K milestone

New Delhi (IANS) BSE Sensex is moving towards another milestone of 67,000 points mark.

On Tuesday, Sensex was up 360 points at 66,960 points. Among the Sensex stocks, Infosys, ICICI Bank, Reliance are up by more than 1 per cent.

On the…

Within the next decade, India will start adding a trillion dollars to its GDP every 18 months: Gautam Adani

New Delhi (IANS) Within the next decade, India will start adding a trillion dollars to its GDP every 18 months, Gautam Adani, Adani Group Chairman, said.

Speaking at the AGM of his group companies, Adani added that this puts us on track to…

Deficient rainfall, lower sowing of rice & pulses push prices higher

New Delhi (IANS) Deficient rainfall and the consequent lower sowing of rice and pulses have pushed prices higher.

Kharif sowing as of July 14 stood at 1.6 per cent lower than last year. This is mainly due to lower sowing of rice and pulses,…

Jio Financial Services likely to list at Rs 160 per share: Axis Securities

New Delhi (IANS) Axis Securities had recommended investors to buy Reliance Industries before the record date of July 20 and believe it to be a more economical way to buy Jio Financial Services (JFSL) which is likely to list at Rs 160/share (1x RIL’s…

Sitharaman to chair G20 meet of finance ministers, central bank governors tomorrow

New Delhi (IANS) Finance minister Nirmala Sitharaman on Sunday embarked on a visit to Gandhinagar to attend the third G20 Finance Ministers and Central Bank Governors (G20FMCBG) meetings, which is to be held under India's G20 presidency on July…

India's ambitious skilling upgrade plan sets course for transformative future on World Youth Skills Day 2023

New Delhi (IANS) As machines get smarter and the world gets more specialised, India is taking significant strides towards becoming the skills capital of the world.

The government is drawing up an ambitious skilling upgrade plan aimed at training…

Lower realisations, higher raw material cost to adversely impact steel firms’ margins

New Delhi (IANS) Margins for steel companies are expected to decline QoQ in 1Q, JM Financial Institutional Securities said in a report.

Recent correction in Coking coal prices is likely to aid spreads for steel majors from 2QFY24.

Metal…

Unlike domestic inflation print, globally food prices ease across categories

New Delhi (IANS) With a weightage of 0.57 per cent in the CPI basket, pricing pressures in Tomato is unlikely to substantially impact the headline inflation unless prices of other two main crops (potato and onion) move in tandem, JM Financial Institutional…

BSE Sensex crosses milestone of 66,000 points led by IT heavyweights

New Delhi (IANS) BSE Sensex crossed the milestone of 66,000 points on Thursday morning.

BSE Sensex is up 625 points in a ferocious rally at 66,019 points powered by positive cues from the US market.

Sensex was up 586 points at 65,980…