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Month: November 2022

Gold price soars 1% as Union Budget 2023 raises gold custom duty; no capital gains on gold to e-gold conversion
BY admin 2022-11-30

Gold price soars 1% as Union Budget 2023 raises gold custom duty; no capital gains on gold to e-gold conversion

Gold prices rose over 1% as FM Sitharaman announced that the basic customs duty on articles and items made from gold bars will be hiked in the Union Budget 2023.…

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Decoding stunning rise of broking Goliath Zerodha
BY admin 2022-11-30

Decoding stunning rise of broking Goliath Zerodha

By Siddhant Mishra Bootstrapped stock brokerage firm Zerodha’s remarkable growth could, perhaps, be a case study. Soaring revenues and profits of the discount brokerage firm would make its competitors see…

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Nifty aims 18000 in coming month, Bank Nifty short term support at 34000; Buy Reliance, SBI, Infosys stocks
BY admin 2022-11-29

Nifty aims 18000 in coming month, Bank Nifty short term support at 34000; Buy Reliance, SBI, Infosys stocks

By Dharmesh Shah Equity benchmarks BSE Sensex and NSE Nifty 50 took a breather after two weeks of sharp up move amid inflation worries and mixed global. The Nifty 50…

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Rupee opens higher, may appreciate more on weakness in US dollar; USDINR to trade in this range
BY admin 2022-11-26

Rupee opens higher, may appreciate more on weakness in US dollar; USDINR to trade in this range

The Indian rupee opened 11 paise higher at 81.82 per dollar on Thursday against the previous close of 81.93 per dollar. The local unit is likely to appreciate further amid…

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Radiant Cash, Sah Polymers, Supriya Lifescience among 42 NSE stocks to hit 52-week low, 43 rises to 52-week high
BY admin 2022-11-26

Radiant Cash, Sah Polymers, Supriya Lifescience among 42 NSE stocks to hit 52-week low, 43 rises to 52-week high

Domestic indices were trading in red in the intraday trade on Friday. The BSE Sensex was down 156.68 points or 0.26% at 60,701.75 and NSE Nifty 50 slipped below 18050,…

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Rupee falls 21 paise to close at 81.59 against US dollar
BY admin 2022-11-25

Rupee falls 21 paise to close at 81.59 against US dollar

The rupee pared initial gains and settled 21 paise lower at 81.59 (provisional) against the US dollar on Monday, tracking a rebound in the greenback overseas and a muted trend…

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Rupee likely to appreciate in near-term; USDINR futures may trade lower, support at 81.1
BY admin 2022-11-25

Rupee likely to appreciate in near-term; USDINR futures may trade lower, support at 81.1

By Dilip Parmar The Indian rupee is expected to appreciate following overnight weakness in the dollar index after US inflation cooled in December. The implied opening from the forward suggests…

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Reliance Power loss widens to Rs 291 cr in Q3
BY admin 2022-11-24

Reliance Power loss widens to Rs 291 cr in Q3

Reliance Power on Saturday said its consolidated net loss widened to Rs 291.54 crore in the December 2022 quarter.The company’s consolidated net loss was Rs 97.22 crore in the quarter…

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Lighthouse’s maiden venture debt fund reaches first close
BY admin 2022-11-22

Lighthouse’s maiden venture debt fund reaches first close

Global investment institution Lighthouse Canton has announced the first close of its venture debt fund, a Category II AIF, at Rs 155.4 crore. The fund, which has a capacity of…

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Nifty may retest January high of 18350 soon, Bank Nifty may reclaim 39400; Buy Reliance, TCS, Axis Bank
BY admin 2022-11-19

Nifty may retest January high of 18350 soon, Bank Nifty may reclaim 39400; Buy Reliance, TCS, Axis Bank

By Dharmesh Shah The Nifty 50 index opened gap-up (17670-17791) and achieved our target of 18100. However, profit booking from higher levels dragged the index below the 18000 mark. As…

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