The Indian rupee opened 46 paise higher against the U.S. dollar on August 5, starting the session at 94.92 per dollar compared with its previous close of 95.38. The domestic currency advanced after easing global crude price levels reduced pressure on
Quarterly earnings will dominate investor attention on August 5 as several companies, including Power Grid Corporation of India, PB Fintech, Aurobindo Pharma, Berger Paints India, Biocon, Cummins India, eClerx Services, Allcargo Logistics, GE Vernova
Several stocks are likely to attract investor attention on August 5 following key corporate announcements, stake sales, listings and dividend-related developments. Life Insurance Corporation of India share price, Bharti Airtel share price, ONGC share
JioBlackRock Asset Management has launched its first exchange-traded fund (ETF), the JioBlackRock Nifty 50 ETF, marking its debut in India’s ETF segment. The new fund offer (NFO) opened on August 4 and will close on August 11. The strategy is inten
The introduction of the Closing Auction Session (CAS) has prompted fresh discussion within the mutual fund industry after Monday’s trading session saw a sharp difference between the Nifty’s level at 3:15 pm and its official closing value. Since m
Debt fund managers are maintaining their duration positioning ahead of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting scheduled from August 3 to August 5, expecting the central bank to leave key policy rates unchanged. Ma
Stock specific moves were in the limelight on August 4, with the help of quarterly results, brokers reports, and corporate news. Ather Energy share price and KEI Industries share price posted strong gains during the session, while Life Insurance Corp
LIC share price came under heavy selling pressure on August 4 after the Government of India launched an Offer for Sale (OFS) to dilute up to a 6.5% stake in the state-owned insurer. The issue, priced at a significant discount to the previous closing
India has raised windfall taxes on exports of petrol, diesel and aviation turbine fuel (ATF), revising the rates with immediate effect as fluctuations in crude oil price continue to influence global energy markets. The revised levy, notified through
An entirely new round of quarterly earnings reports for the month of June showed that different companies in different industries had performed differently. While there was an increase in profits in selected financial, engineering, and shipping firms
Several stocks are likely to attract investor attention in Tuesday’s session following corporate developments ranging from stake sales and fundraising to order wins and management changes. Paytm share price could remain in focus after reports of a
The Indian rupee opened flat at 95.33 against the U.S. dollar on Tuesday, August 4, as sustained demand for the greenback from importers balanced the positive impact of lower crude price levels. The domestic currency had strengthened in the previous
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