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Stock market closing: Nifty, Sensex close the day in red, Axis bank stock dips by 5%

Out of the 2,765 stocks traded during the day, 1,369 saw advances, while 1,318 declined, and anothe…

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What has changed for your credit cards, starting today?

Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…

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Rupee falls 3 paise to close at all-time low of 83.66 against US dollar

On Thursday, the rupee depreciated 5 paise and settled at a new low of 83.63 against the US dollar.

PTI   


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Closing Call : Banking sector in action, Axis, HDFC, ICICI biggest gainers during the day

Out of the 2,771 stocks traded on NSE during the day, 1,112 saw advances and 1,574 stocks declined.…

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Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate

Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…

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1 min read

Axis Bank posts net profit of ₹7,129 cr in March quarter

Total income rose to Rs 35,990 crore in the March quarter of 2023-24 fiscal, from Rs 28,758 cro…

PTI   


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Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO

Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…

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Inflation cooled off more than expected in June

Inflation keeps cooling. The consumer price index rose 3.0% year over year; the forecast was 3.1%.

Madison Hoff   


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Gold rallies Rs 550; silver jumps Rs 400 amid strong global cues

Gold prices rallied by Rs 550 to Rs 75,700 per 10 grams in the local market on Tuesday on the back …

PTI   


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Stock market today: Sensex tops 80,000 for the first time; HDFC and Kotak Bank take lead

HDFC, Axis, ICICI, Kotak Bank, and Britannia were among the early gainers on the market today, whil…

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4 mins read

Axis Bank shares under pressure after Q4 net loss; analysts upbeat on the lender

During the March quarter, the lender reported an exceptional item of ₹12,490 crore, which went i…

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1 min read

Why the Fed won't cut rates until December, according to Bank of America

"We think the Fed can be patient," Bank of America economists wrote in new research.

Kelly Cloonan   


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Rupee trades in narrow range against US dollar in early trade

At the interbank foreign exchange market, the local unit moved in a narrow range. It opened at …

PTI   


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Stock market closing: Nifty, Sensex close the day in red, IT, Media gain major ground

As for sectoral indices, IT (up by 1.17%) and Media (up by 1.05%) gained during the day, while FMCG…

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Stock market closing: Sensex, Nifty close the day in green, PSU banks soar by over 3%

ONGC (up by 5.18%), SBI Life (up by 2.95%), Shri Ram Finance (up by 2.88%), State Bank of India (up…

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WPI inflation surges to 16-month high of 3.36% in June on costlier vegetables

New Delhi's wholesale inflation surged to 3.36% in June 2024, led by rising food prices, especially…

PTI   


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4 mins read

Gold rate today (24th June 2024): Latest price in Indian key cities

Gold rate on Monday rose across India. In Delhi, 10 grams of 24-carat gold cost ₹ 72,380. On the MC…

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4 mins read

Gold Rates Today (June 27, 2024): Latest Rates Across Major Cities

Gold rates on Thursday, declined across India. In Delhi, the price for 10 grams of 24-carat gold wa…

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2 mins read

Brace for ‘climateflation’: Study predicts rise in food price inflation amid worsening climate change

Imagine a future where your grocery bill climbs higher each year, not because of lavish spending or…

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4 mins read

Gold Rates Today (June 26, 2024): Latest Prices in Major Cities

Gold rate on Wednesday saw a decline across India. In Delhi, the price of 10 grams of 24-carat gold…