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Indian indices declined as investors’ sentiments were affected negatively due to recessionary fears, heavy selling in state-owned banking stocks and a report by US-based Hindenburg Research LLC accusing Adani Group of market manipulation and accounting fraud. For the week, the ...
Indian indices tanked on severe selling pressure as Adani Group stocks plunged after a report by Hindenburg Research accused the group of improper use of offshore tax havens and raised concerns over the group’s high debt. In addition, heavy losses ...
Market Opening - An Overview Nifty futures on the Singapore Exchange were trading 0.34% higher at 18,014.5, signalling a positive start for Dalal Street.Asian shares were trading higher, tracking Wall Street overnight as tech stock rallied boosting investors’ confidence. The ...
Indian equity indices plunged more than 1% as slower growth outlook by companies and weak global cues dented investors’ optimism. The Sensex plunged 1.25% and the Nifty 50 index tanked 1.25%.Broader markets mirrored headline indices. The Nifty Midcap 100 index ...
Indian fertiliser companies are likely to see an improvement in profitabilty helped by moderation in global prices and Government subsidies, according to rating agency ICRA. The rating agency expects profitability for phosphatic fertiliser manufacturers to improve at the current nutrient-based ...
Market Opening - An Overview Nifty futures on the Singapore Exchange were trading 0.25% lower at 18,090 signalling that Dalal Street was headed for a negative start on Wednesday.Asian shares were trading higher with the Nikkei 225 index rising 0.11% ...
Benchmark indices pared gains and closed flat in a volatile session. Gains in IT and auto stocks were offset by losses in PSU Bank, pharma and realty stocks. The Sensex closed 0.06% higher and the Nifty 50 index ended flat.In ...
Market Opening - An Overview Nifty futures on the Singapore Exchange were trading 0.5% higher at 18,237.50, signalling that Dalal Street was headed for a positive start on Tuesday. Asian shares were trading higher tracking Wall Street which ended in ...
Indian benchmark equity indices closed in the green, supported by gains in IT and pharma stocks. The Sensex ended 0.53% higher and the Nifty 50 index rose 0.50%.In broader markets, Nifty Midcap 100 index was up 0.56% and the BSE ...
India Ratings and Research (Ind-Ra) said that it expects the US drug regulator’s inspection in 2023 and 2024 to be less disruptive for the sector and will only have an impact on some facilities and entities compared to the situation ...