Weekend Wrap: From Yes Bank to Eicher Motors, top news and market movers this week
Top News Consumer Price Index (CPI) Inflation fell to4.87% from 5.02% in September 2023 and Wholesale Price Inflation (WPI) fell to -0.52% in October 2023,…
Finance
Lenders take heat as RBI cracks whip
The central bank on Thursday raised risk weights against unsecured loans and loans to non-bank lenders, forcing lenders to set aside more capital and apply…
Rupee likely to stay rangebound amid lack of fresh triggers; unable to exploit lower dollar, treasury yields, oil prices
After hitting a record of 83.42 against the US dollar on November 10, the Indian rupee has stabilised and is expected to witness a rangebound…
Grasim Industries share price rises 2%; is the stock buy-worthy after Q2 result?
Grasim Industries share price hit its 52-week high of ₹2,021.95 on October 12 this year and hit its 52-week low of ₹1,528 on March 16…
Rupee falls 2 paise to 83.25 against US dollar in early trade
The Indian rupee traded 2 paise lower at 83.25 against the US dollar on Friday weighed down by a firm greenback in the overseas markets….
Can Nifty 50 top 21,000 with a pre-election rally ahead of General Election 2024?
Nifty 50 is up almost 4 per cent in November so far. Year-to-date, the benchmark index is up over 9 per cent. Market experts point…
Nifty 50, Sensex today: What to expect from stock market indices in trade on November 17
The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 19,800 level as compared…
6 things that changed for the stock market overnight – Gift Nifty, US jobless claims to drop in crude oil prices
The mid-week rally in the markets seen on the back of rising hopes that the US Federal Reserve will not hike interest rates further and…
India’s growing heft in MSCI EM index: what it means for the market
India’s weightage on the MSCI emerging markets (EM) index is tipped to rise to 16.3% from the current 15.88% with nine fresh stock inclusions in…
Hindalco’s shine relies on aluminium prices
For the metal industry, China is a crucial market, and hence its improving economy bodes well for demand. Here, the better-than-expected growth in China’s industrial…