Markets ended positive with Nifty reaching 17, 388 points. Sensex was up 0.37 percent and Nifty up 0.25 percent. BSE midcap fell 0.6 percent and smallcap indices fell 0.28 percent. Watch the video to know more about today's market action.
Axis Securities says profitability will shift from commodity producers to commodity consumers, with banks, automobiles, discretionary consumption and industrial themes looking attractive in the near term
In an interview with CNBC TV-18, market strategist Adrian Mowat also noted that business confidence in India makes the country a more attractive investment destination.
Saregama Q1 results were stellar and the underrated stock has caught CJ's attention but Santo believes the best of upside may already be behind the stock. Watch the duo debate where Saregama's stock can go from current levels plus their thoughts on UPL, Varun Beverages and Exide.
The market data advisory committee will now have 20 members, the latest information on the Securities and Exchange Board of India’s (Sebi) website showed.
The partially convertible rupee was trading at 79.04 per dollar by 0800 GMT, compared to its close of 78.7125 on Tuesday.
Global research and broking firm CLSA has maintained an underperform call on the stock and has cut target to Rs 1,523.
Europe energy crisis is pushing the economy closer to recession and is raising questions on the region's climate change ambitions. Karunya Rao and Manisha Gupta decode the reasons for the crisis.
The PMI data for July show a sharp rate of expansion of the Indian economy, albeit with some loss of momentum
Consensus earnings estimate for large-cap IT companies have been cut by 3-8 percent for the current financial year and 2-7 percent for the next financial year following the June quarter earnings season
Strong sector tailwinds and limited impact of macro challenges make RateGain a good long-term bet
Bond yields were also helped as demand for the safest assets eased despite heightened tensions between the United States and China, which views Taiwan as a breakaway province.
After a number of events caused shipping rates to skyrocket, there appears some calm on the horizon
Industry is on track to post one of its worst years on record as long-short players struggle
Quick project implementation is an absolute must to demonstrate India’s seriousness in manufacturing semiconductors. It requires politics-free coordination between the Central and State governments
What was missed by the markets was that Powell was very clear that the balance has shifted towards inflation control and away from ensuring maximum employment and growth
On a cumulative basis, the pickup in rainfall was significant in July but the distribution was uneven. The month of August now holds the key for kharif output
Operating cash flow of the company tanked 60 percent year-on-year to Rs 807 crore for the quarter ended June
At the interbank foreign exchange, the rupee opened at 78.70 against the US dollar, then fell to 78.80 against the greenback, registering a decline of 27 paise over the last close.
According to Nirpendra Yadav, Senior Commodity Research Analyst at Swastika Investmart, the day trend in the precious metals looks like an upside. Gold has resistance at Rs 52000 and support at Rs 51300. Silver has support at Rs 57400 and resistance at Rs 59400.
The revenue from operations rose 55 percent to Rs 2,768 crore against Rs 1,785.20 crore, YoY
Spot gold was up 0.4% at $1,766.59 per ounce, as of 0309 GMT. On Tuesday, bullion rose to a near one-month high of $1,787.79 before closing down 0.6% on the day.
Siemens India Q3 earnings showed glimmers of recovery in India's much-awaited capex cycle with Santo seeing positives for the long term, but CJ remains sceptical and highlights the challenges facing the company. Watch the duo share their thoughts on what lies ahead for Siemens, Voltas, and Deepak Nitrite.
If the US inflation which is around 9 percent remains sticky even at a slightly lower level, it might be difficult for Fed not to take more rate hikes. Hence it is difficult to foresee any immediate change in Fed stance.
Ahead of the meeting between OPEC and its allies, we get you the latest on oil prices and the likely agenda of this all-important meet with Manisha Gupta of Moneycontrol. Stock in spotlight today: Adani Green, Aurobindo Pharma, Jubilant Pharmnova and Subex. We also answer your stock queries LIVE with Hemen Kapadia of KR Choksey.