Business

December 27, 2024 1:08 PM

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Indian banks’ profitability improves for 6th consecutive year

The profitability of Indian banks improved for the sixth consecutive year in 2023-24 and their non-performing assets (NPAs) declined to a 13-year low of 2.7 per cent. According to a report released by the Reserve Bank of India, the financial position of Indian banks has stayed robust, marked by the ...

December 26, 2024 4:18 PM

Sensex ends flat to close at 78,472, Nifty closes at 23,750

Benchmark domestic equity indices ended little changed from their previous close. The 30-share index at Bombay Stock Exchange, Sensex, ended flat to close at 78,472, while the National Stock Exchange, Nifty-50 rose marginally by 22 points, or 0.1 percent, to end at 23,750. In the Global Crude Market...

December 25, 2024 7:04 PM

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Indian Stock Markets Closed for Christmas

The Indian stock exchanges, the Bombay Stock Exchange and the National Stock Exchange were closed for trading on account of Christmas today. All segments, including equity, derivatives, and securities lending and borrowing (SLB) remained closed. Currency and commodity markets, including the Multi Co...

December 25, 2024 4:52 PM

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US Stocks Rally Ahead of Christmas; Nasdaq Leads with 1.3% Surge

US stocks closed higher yesterday, led by a surge in mega cap and growth stocks bolstering benchmarks in a truncated Christmas eve session. The Nasdaq Composite jumped over 1.3 percent, S&P 500 climbed 1.1 percent and the Dow Jones Industrial Average gained over 0.9 percent.   Meanwhile, the mar...

December 25, 2024 9:36 AM

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BSE & NSE to remain closed for trading on account of Christmas

The Indian stock exchanges, the Bombay Stock Exchange and the National Stock Exchange will be closed for trading on account of Christmas today.   BSE and NSE will have no trading or settlement in stocks, derivatives, currency, commodity and securities lending and borrowing segments. Most global...

December 24, 2024 8:03 PM

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Gold Prices Slightly Up, Silver Trades Lower in Indian Bullion Market

In the Indian Bullion Market, 24 Karat Gold was trading marginally up by 0.1 percent at 76,350 rupees per 10 grams, while Silver 999 Fine was trading 0.13 percent down at 88,960 rupees per kilogram, a short while ago.   At the Multi Commodity Exchange, gold and silver prices were trading mixed ...

December 24, 2024 6:17 PM

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Indian Stock Markets to Remain Closed Tomorrow for Christmas Holiday

The Indian stock exchanges, the Bombay Stock Exchange and the National Stock Exchange will be closed for trading tomorrow on account of Christmas. BSE and NSE will have no trading or settlement in stocks, derivatives, currency, commodity and securities lending and borrowing segments. Most global mar...

December 24, 2024 5:45 PM

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Oil Prices Edge Higher Amid Positive Market outlook Ahead of Christmas

Oil prices rose today, reversing the prior session's losses, supported by a slightly positive market outlook for the short term, despite thin trade ahead of the Christmas holiday. Brent Crude was trading at 73 dollars and 35 cents per barrel gaining nearly one percent. WTI Crude also advanced over 0...

December 24, 2024 5:20 PM

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Sensex, Nifty End Marginally Lower

Benchmark domestic equity indices today ended marginally lower. The 30-share index at the Bombay Stock Exchange, Sensex, slipped 67 points, or 0.09 percent, to close at 78,473. Similarly, the National Stock Exchange, Nifty-50 fell slightly by 26 points, or 0.11 percent, to end at 23,728.   Mean...

December 24, 2024 2:12 PM

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Sensex & Nifty trade flat in afternoon trade

Benchmark domestic equity indices, Sensex and Nifty, were trading flat in the afternoon trade today. The 30-share BSE Sensex fell 30 points, to 78,510, and the NSE Nifty50 declined marginally by 6 points, to 23,747, when reports last came in. Meanwhile, the broader market at the Bombay Stock Exchang...

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