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The National Stock Exchange (NSE) is expected to launch investor marketing for its proposed initial public offering (IPO) as early as next week, according to reports, moving closer to a listing that could rank among the largest in India’s capital m
Foreign institutional investors (FIIs) shifted to net buying in the second half of June after remaining heavy sellers during the first half of the month, with financial services, construction and consumer-oriented sectors receiving the largest share
Private sector banking stocks witnessed mixed moves on Monday after lenders announced their provisional business updates for the quarter ended June 30. HDFC Bank share price and Axis Bank share price gained during the session following steady growth
The stock Nifty signalled a low-profile start for India’s stocks market on Monday, with investors reacting to the mixed bag of global cues and fresh domestic cues for the new week. While Asian markets showed a mixed trend, easing crude oil prices a
The Indian rupee began Monday’s session on a flat note, opening at 95.23 against the U.S. dollar compared with Friday’s closing level of 95.22. The domestic currency showed little movement in early trade as global currency markets remained broadl
Auto stocks were witnessing a rally on Monday after the Federation of Automobile Dealers Associations (FADA) announced strong retail sales numbers in June. This helped the Nifty Auto index move up more than 1 during the trading session. Invest
Petrol and diesel prices remained unchanged across India on July 6, with public sector oil marketing companies keeping retail fuel rates stable in metro cities and several state capitals. The daily price revision mechanism remained in place, but no c
The Centre and leading automobile manufacturers have defended the mandatory rollout of E20 petrol, stating that testing and service records do not support claims that the fuel causes widespread engine damage or operational issues in existing vehicles
India’s automobile retail sales posted strong growth in June, with passenger vehicle sales rising 28.6 year-on-year and alternative-fuel models accounting for a record share of total car registrations, according to data released by the Federation
Indian government bond yields opened marginally lower on Monday, with the benchmark 10-year paper slipping by around 1 basis point as sustained foreign inflows continued to support the debt market. Trading activity remained subdued in early deals as
Several stocks are expected to remain in focus on Monday after companies released quarterly business updates and operational data after Friday’s market close. Banking stocks are likely to attract attention following healthy growth in deposits and a
A number of shares caught the investors' fancy on Monday as these showed strong price movement supported by positive technical signals. The following were among the gainers whose stock prices were trading above their moving averages. Invest in
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