Multi Commodity Exchange rose 1.8% to hit a fresh 52-week high of Rs 6,680 a day after the commodity major swung into black. The company reported a net profit of Rs 153.6 crore in the second quarter of the current financial year compared to a loss of Rs 19.1 crore in the same quarter a
By Ajit Mishra The markets remained under pressure for the third consecutive week, losing nearly half a percent as the corrective phase continued. While the benchmark indices initially showed signs of recovery, persistent selling by FIIs and a lackluster start to the earnings season weighed on sentiment, turning the bias negative. A recovery in banking
By Ravi Singh Nifty October futures are currently trading at a 75-point premium. We have seen a decent bounce of around 500 points after making a low of around 24,750 zone. We have seen a further downfall in the FII long ratio which is now at 35%. Furthermore, we have seen a sharp sell-off by
By Subash Gangadharan The daily timeframe indicates that Nifty is now stuck in a range between the 24900-25235 levels for the last one week. A close below this range could see the Nifty moving down towards the 20-week SMA at 24663. The momentum readings like the 14-day RSI are in decline mode which increases the
The National Stock Exchange (NSE) and BSE will hold their annual Diwali Muhurat trading session on Friday, November 1, from 6:00 PM to 7:00 PM, marking the beginning of the Hindu calendar year, Samvat 2081. While the stock market will be closed for trading on Diwali, the special one-hour Muhurat trading session will be open
Shares of RBL Bank slumped by 13%, hitting an intra-day low of Rs 176.50 on the NSE today following the announcement of its Q2FY25 results. The bank reported a 24% year-on-year (YoY) decline in profit after tax (PAT) to Rs 223 crore for the quarter ended September 2024. RBL Bank’s Q2FY25 Performance Despite the dip
Petrol, Diesel Price Today 21 October 2024: Oil prices were steady at the time of early morning trade on Monday just after a major drop of 7% in the last week. The reason behind the decline has been credited to fear of less demand from China and ongoing conflict in the Middle East. As per
Shares of Tech Mahindra gains over 3% to open at Rs 1,745 on NSE today after reporting a remarkable 153.1% year-on-year (YoY) jump in net profit for the second quarter of FY25, reaching Rs 1,250 crore. The company’s revenue rose by 3.5% YoY to Rs 13,313 crore during the same period. Revenue Performance In constant
US President Donald Trump’s retaliatory tariffs on global imports are likely to speed up the shift in production by footwear giants like Nike, Puma, and Adidas to India, which now faces lower tariffs than its competitors, according to experts. On Thursday, the Trump administration announced a flat 26% tariff on goods imported from India, with
Gold smuggling, popularized in the ’70s through Hindi films, has resurfaced following the arrest of Kannada actress Ranya Rao in 2025. Gold smuggling cases have been reported from Dubai, London, and various other locations. The reason. Gold is cheaper in Dubai than in India. “People often bring gold from Dubai because it has lower gold
Wall Street nosedived for a second straight day on Friday, confirming the Nasdaq Composite was in a bear market and the Dow Jones Industrial Average was in a correction, as an escalating global trade war spurred the biggest losses since the pandemic. The Dow Jones Industrial Average, S&P 500 and the Nasdaq Composite posted their
Over the past six months, from October 2024 to March 2025, the Indian stock markets faced a lot of turbulence. BSE Sensex, after reaching an all-time high of 84,299 points in September 2024, saw a sharp correction, dropping to 73,198 points by February 2025, a decline of over 13%. This correction was due to increasing
The Mutual Funds Sahi Hai (Mutual Funds are a right choice) campaign, an initiative from AMFI to provide information on mutual funds investment and mutual funds basics has encouraged many investors to begin their investment journey, enabling them to mobilise their savings into wealth-creating assets. Mutual funds are now a primary choice for many first-time
