Ram Sahgal

Nifty to veer in 15858-16275 range this week

HDFC Bank reported a mixed set of numbers with double digit credit growth in Q1 FY23, but a rise in bad loans sequentially. The weekly range for the Nifty is 15858-16275.

18 Jul 2022

BSE's Ashishkumar Chauhan set to become NSE MD, CEO

Chauhan will succeed Vikram Limaye, who demitted office on Saturday, subject to NSE shareholder approval. Limaye did not seek a re-appointment.

18 Jul 2022

Rupee value breaches 80 level against USD on offshore market 

The currency unit pared some of its losses to close at 79.88 to the dollar. Forex market analysts like KN Dey of United Financial Consultants expect it to weaken further.

15 Jul 2022

Rupee hits new low of 79.59 as dollar surges to 20-year high

The rising prices could force the ECB to raise its policy rate even as Europe stares at a potential recession. 

13 Jul 2022

Market rally to hinge on TCS Q1 numbers

Apart from TCS, market trends will be driven by some important numbers this trading week that include HCL Tech, Mindtree, Larsen & Toubro Infotech, ACC and Federal Bank.

11 Jul 2022

India’s forex kitty shrinks USD 19 billion since March on stronger dollar

The rupee hit a life low of 79.37/38 recently and closed at 79.26 on Friday. Economists expect the rupee to continue weakening as the dollar heads for parity against the Euro.

09 Jul 2022

Rupee plunges to record low as dollar climbs, trade deficit widens 

Amid these challenges, certain brokerages expect further weakness in the local unit in the coming months.

06 Jul 2022

Financial services, IT bear brunt of FII selling in stocks

Among consumer durables, Dixon Technologies and TTK Prestige corrected 11% each during the fortnight under review.

05 Jul 2022

Good days ahead? Market bounce may extend to 16000-plus levels

The markets, which exhibited resilience on Friday, recovering from the day’s low even as Reliance tanked 7%, could attempt to continue its upward bounce under way since last week.

04 Jul 2022

Import duty increase to dent gold demand

The reason for the hike in duty was to rein in the current account deficit , thereby reducing pressure on the rupee, which breached the 79 to the dollar mark on Thursday.

02 Jul 2022

RIL, ONGC, OIL bleed post windfall, export levies 

Similarly, in ONGC traded volume was 12.57 crore shares (3 M average 2.6 crore) and delivery volume 2.87 crore (95.48 lakh ). 

02 Jul 2022

Pallonji Shapoorji Mistry, the man behind many of India's iconic buildings

Prime Minister Narendra Modi took to Twitter to condole Mistry's death, saying , "Saddened by the passing away of Shri Pallonji Mistry. He made monumental contributions...

28 Jun 2022

Short covering rally may extend

Analysts like Hormuz Maloo of AFco Investments don’t rule out a gap up opening Monday with SGX Nifty last trading at a 170 point premium to Nifty’s Friday close.

27 Jun 2022

Benchmark indices extend gains with 2 per cent rise in Nifty, Sensex 

Tuesday‘s rise was led by domestic institutional investors’ buying of `3,066.41 crores and retail buying, provisional BSE data shows.

22 Jun 2022

Margin call pressures drag down midcap, smallcap stocks 

The Nifty Smallcap 100 and Nifty Midcap 100 tanked over 3 per  and 2 per each even as the Nifty and Sensex closed in the green after a volatile session. 

21 Jun 2022