Business

December 30, 2024 8:35 AM

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FPIs pump in over 22,000 cr into Indian capital markets so far in December

Foreign investors (FPIs) pumped in over 22,000 crore rupees into the Indian capital markets so far in December. As per the depositories data, the foreign portfolio investors or FPIs, pumped in 16,675 crore rupees into the Indian equities markets and 5,352 crore rupees into the debt market, taking th...

December 29, 2024 9:16 PM

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Domestic Markets to Focus on Key Economic Data and Global Cues in Coming Week

After recovering a bit of losses last week, the domestic markets are likely to focus on economic data like fiscal deficit, infrastructure output,  PMI data for India, the US, and China, India’s monthly auto sales data and global cues. Globally next week investors will keep an eye on the weekly jobs ...

December 29, 2024 7:12 PM

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Foreign Investors Pump Rs 22,000 Crore into Indian Capital Markets in December

Foreign investors pumped in over 22,000 crore rupees into the Indian capital markets so far in December. As per the depositories data, the foreign portfolio investors or FPIs, pumped in 16,675 crore rupees into the Indian equities markets and 5,352 crore rupees into the debt market, taking the total...

December 28, 2024 6:29 PM

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Crude Oil Prices Rise 1%

Crude oil prices gained over 1 percent this week, driven by a larger-than-expected draw in U.S. crude inventories and optimism about Chinese economic growth. Both benchmarks, Brent Crude and West Texas Intermediate, advanced approximately 1.4 percent for the week. Yesterday, Brent Crude traded at 74...

December 28, 2024 4:36 PM

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Indian Markets Rebound: Sensex & Nifty Gain Nearly 1%

Domestic benchmark indices recovered this week after witnessing the biggest weekly fall in more than two years in the previous week. The Indian equity indices ended with nearly a percent gain for the week ended yesterday, supported by domestic institutional investors (DIIs) despite mixed global mark...

December 27, 2024 8:05 PM

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Oil Prices edge higher today

Oil prices edged higher today, and were on track for a weekly gain, driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer. Brent Crude was trading at 73 dollars and 77 cents per barrel gaining 0.7 percent. WTI Crude also advanced over 0.7 percent to trade at aroun...

December 27, 2024 8:02 PM

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Sensex Up 226 Points, Rupee Hits Record Low, Gold & Silver Slip

Benchmark domestic equity indices today ended in positive territory with gains of almost 0.3 percent. The broader market indices at BSE closed mixed. The Mid-Cap index ended marginally down by 0.08 percent, whereas the Small-Cap index gained 0.28 percent.   The 30-share index at the Bombay Stock Exc...

December 27, 2024 5:58 PM

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Sensex Gains 226 Points, Nifty Adds 63; Auto & Healthcare Lead Sectoral Gains

Benchmark domestic equity indices today ended in positive territory with gains of almost 0.3 percent. The 30-share index at the Bombay Stock Exchange, Sensex, gained 226 points to close at 78,699. Similarly, the National Stock Exchange Nifty-50 added 63 points to end at 23,813. Meanwhile, the broade...

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 ...

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