Rain Industries is currently trading at Rs. 179.70, up by 14.05 points or 8.48% from its previous closing of Rs. 165.65 on the BSE. The scrip opened at Rs. 170.60 and has touched a high and low of Rs. 180.75 and Rs. 170.60 respectively. So far 263684 shares were traded on the counter. The BSE … Read more
Private equity investments in India saw the total sum of equity invested reach $10.9 billion during the first nine months of 2024, marking a 38.9 per cent increase from the previous year, a report showed on Thursday. India continues to be one of the top markets in Asia Pacific for financial sponsor activity, accounting for … Read more
Department of Pharmaceuticals, Secretary Arunish Chawla has said that exports of India's pharmaceutical and meditech sectors are expected to sustain the growth momentum in the ongoing fiscal (FY25) despite a slowdown in the global economy. He stated with the government revving up support for drug development in India, as many as 16 blockbuster molecules targeted … Read more
Sonata Software is currently trading at Rs. 583.65, up by 5.25 points or 0.91% from its previous closing of Rs. 578.40 on the BSE. The scrip opened at Rs. 589.45 and has touched a high and low of Rs. 592.45 and Rs. 581.55 respectively. So far 17364 shares were traded on the counter. The BSE … Read more
Oil prices rose in early Asian trade on Thursday on concerns about potential supply disruptions in the Middle East, with Israel planning to strike oil-producer Iran, and on spikes in fuel demand as a major storm barreled into Florida. Brent crude futures rose 37 cents, or 0.5%, to $76.95 a barrel, while the U.S. West … Read more
The Indian rupee will be pressured by the rise in U.S. Treasury yields and the dollar on Thursday amid mounting expectations that the Federal Reserve could deliver a smaller rate cut at its November meeting. The one-month non-deliverable forward indicated that the rupee will open barely changed from 83.9625 in the previous session. The rupee … Read more
The U.S. dollar traded near a two-month peak against major peers on Thursday as markets grew more confident about a patient approach from the Federal Reserve to further monetary easing, even as a key inflation report loomed later in the day. The dollar index, which measures the currency against six key rivals, was steady after … Read more
Indian shares are set to open higher on Thursday, tracking Asian peers, after minutes from the Federal Reserve's latest policy meeting indicated more U.S. rate cuts, which could likely trigger higher foreign inflows to emerging markets. The Gift Nifty was trading at 25,192, as of 7:57 a.m. IST, indicating that the benchmark Nifty 50 will … Read more
Despite the global headwinds, India may surprise the world with its impressive GDP growth this year too, staying significantly above the forecast of 7 per cent by several organisations, PHD Chamber of Commerce and Industry (PHDCCI) said on Wednesday. India has surprised the world with its resilient economic growth trajectory in recent years. “The post-Covid … Read more
The FIIs as per Wednesday's data were net sellers in both equity and debt segments, according to data released by the NSDL. In equity segment, the gross buying was of Rs 15789.06 crore against gross selling of Rs 21169.76 crore. Thus, FIIs stood as net sellers of Rs 5380.70 crore in equities. In the debt … Read more