December 7, 2023 New Delhi, India Article: In a dynamic financial landscape, INOXCVA, renowned for its cryogenic solutions, is set to launch an Initial Public Offering (IPO) in December. The move comes on the heels of regulatory approval from the Securities and Exchange Board of India (Sebi), marking a pivotal moment for the company. Regulatory…
December 6, 2023 New Delhi, India USDINR The last traded price of USDINR on 8 Dec 2023 was 83.3600, slightly down by -0.02%. The day’s range was between ₹83.36 and ₹83.41. The rupee showed a recovery from all-time low levels, settling up by 1 paisa at 83.37 against the US dollar. This rebound was attributed…
November 10, 2023 New Delhi, India Stock Market Highlights The Indian stock market closed higher on the last trading day of Samvat 2079, with the Sensex gaining 72 points despite challenges from global markets. Both Sensex and Nifty closed at 64,904.68 and 19,425.35. Market Overview: Despite Early Declines, Last-Hour Rally Lifts Indices The day began…
November 9, 2023 New Delhi, India Indian Stock Market Overview The Indian stock market encountered a day of mixed trends, characterized by a downturn in key indices—Sensex and Nifty. Various factors contributed to this scenario, including external influences and internal market dynamics. Sensex and Nifty: Decline Amid Global Factors The Sensex experienced a decline of…
November 8, 2023 New Delhi, India Israel-Hamas Conflict The ongoing conflict between Israel and Hamas has raised concerns globally, with reverberations expected to affect India’s growing economy. The escalating tensions in the Middle East have prompted a closer evaluation of how this conflict might influence India’s economic landscape. Israel-Hamas Conflict and India’s Economic Vulnerability The…
November 2, 2023 New Delhi, India Stock Market Highlights The Indian stock market witnessed a surge today with the Sensex rallying by almost 500 points and the Nifty hovering around the 19,150 mark. A myriad of sectors, including metal, healthcare, power, oil & gas, and realty, demonstrated a robust uptrend. Nifty and Sensex closed respectively…
October 31, 2023 New Delhi, India Stock Market Highlights The Indian stock market witnessed a decline, with key indices such as the Sensex and Nifty facing a downward trend influenced by global market fluctuations. Nifty and Sensex closed at 19,079.60 down −61.30 (0.32%) and 63,874.93 −237.72 (0.37%) Impact of Global Market Movements Asian markets experienced a downturn…
October 30, 2023 New Delhi, India Rupee vs Dollar The Indian rupee commenced the trading week with a steady performance against the US dollar, as it navigated a range-bound trajectory in early trade on Monday. The rupee’s stability was influenced by several factors, including the strength of the US dollar and prevailing trends in the…
October 30, 2023 New Delhi, India US Federal Reserve’s Influence US Fed Rate Decision This Week Analysts predict major stock market movements this week hinged on the US Federal Reserve’s interest rate decision, expected to impact global market trends. Heightened levels of US bond yields prompt keen interest in the Fed’s move. Global Factors in…
October 27, 2023 New Delhi, India Stock Market Highlights The Indian stock market staged a remarkable recovery as key indices soared on Friday. The Sensex surged by 634 points, pushing it to new heights. The Nifty, another influential index, closed above the significant 19,000 mark. These positive developments marked a substantial rebound after a period…
