For the week, the Nifty dropped 5.3%, its biggest decline since June 2022, while the Sensex fell 5.5%, marking its worst weekly fall since May 2020. The benchmark equity indices Sensex and Nifty settled sharply lower on Friday amid escalating tensions in West Asia and rising crude oil prices. Weak global markets, continued foreign…
Bitcoin is down 7.96% year-to-date, trading at $86,065 as of December 18 after beginning the year at $93,508. In comparison, Ethereum has recorded a steeper decline of 15.25% YTD, with its price falling from $3,337 to $2,828 during the same timeframe. From bitcoin reaching record high of $1,00,000 to retracing around $86,000 level -the crypto…
The weekly options data indicated that the Nifty 50 is expected to trade in the 25,400–26,000 range in the short term. Nifty outlook for November 11 The Nifty 50 snapped a three-day losing streak and negated the lower high–lower low structure of the previous six consecutive sessions, closing one-third of a percent higher on…
Seeking to further their utilisation of railways for transportation, State-owned miner Coal India (CIL) informed Wednesday (October 8, 2025) that it has inked a non-binding memorandum of agreement (MoU) with railway infrastructure developer IRCON International (IRL) to develop rail infrastructure for the miner and its subsidiary companies. Coal India, which accounted for 76% of the…
NITI Aayog CEO also revealed that several committees led by Cabinet Secretary Rajiv Gauba have submitted their first set of reports on proposed reform measures, signalling that the government’s structural reform push is gaining momentum. India could see another round of major reform announcements by Diwali as the government steps up efforts to boost…
Defence mutual funds have emerged as the hottest theme on BSE and NSE, delivering up to 60% returns in just three months. Backed by record defence exports, strong government orders, and rising geopolitical tensions, investors’ interests have soared. With strong government backing and escalating geopolitical tensions, India’s defence sector has emerged as a standout…
The FTA has taken place in the backdrop of growing economic relations between India and the UK, and the bilateral trade of about $60 billion between both nations is projected to double by 2030, a government statement has said. PM Narendra Modi made the FTA announcement after a telephonic conversation with his British counterpart Keir…
The monthly options data indicated that the Nifty 50 is likely to face resistance at 22,700 and see support at 22,500 in the upcoming monthly F&O expiry session scheduled on February 27. The Nifty 50 closed flat with a negative bias after rangebound trading on February 25. The index continued its downward move for the…