Market analysts anticipate the positive trend to continue, backed by ongoing company results, positive developments in India-US trade negotiations. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Thursday. While Nifty50 was near 25,850, BSE Sensex was above 84,400. At 9:17 AM, Nifty50 was trading…
Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, the top buy calls for today are: Bajaj Auto, Minda Corporation, and Union Bank of India. Here’s his view on Nifty, Bank Nifty and the top stock picks for November…
MUMBAI: Even as major banks are revising upward their projections for corporate credit growth, rating agency Icra has said that corporate lending is yet to see a meaningful revival. “Corporate credit is very difficult to call out, whether it will go up or not. There appears to be some uptake in the second quarter. Whether…
MUMBAI: Exit polls in Bihar that indicated a continuation of the NDA govt in the state, and positive news on the ongoing US-India trade negotiations lifted investor sentiment on Dalal Street on Wednesday. As a result, sensex closed 595 points (0.7%) up at 84,467 points while nifty on NSE closed 181 points (0.7%) higher at…
MUMBAI: A high-powered committee set up by the markets regulator Sebi to look into the conflict of interest issues of its top officials, including the chairman, came out with a report suggesting stricter rules. The report said that, among others, all the top officials should be identified as insiders, should periodically disclose their assets and…
AI image for representation NEW DELHI: Retail inflation cooled to a record low in Oct on the back of the impact of GST rate cut and sharp slide in food prices, triggering hopes of a cut in interest rates by the Reserve Bank of India (RBI) in Dec. Data released by the National Statistics Office…
NEW DELHI: Reliance Industries’ partners are considering joining the arbitration that the Mukesh Ambani-run firm is planning to initiate against the government for slapping a $1.55 billion demand for “unfairly enriching” by producing natural gas belonging to ONGC. Calgary-based Niko Resources Ltd, which holds 10 pct interest in RIL-operated KG-DWN-98/3 or KG-D6 block, said the partners…
PUNE: Indonesia-based leading startup GO-JEK on Tuesday announced that it has acquired Pune-based mobile application developer Leftshift for upscaling its product development, design and engineering platforms. This is the fourth Indian start-up acquisition by the Indonesian startup. “Our partnership with Leftshift over the last one year has been an amazing experience, they…
NEW DELHI: Anil Ambani-led Reliance Group’s private equity firm has invested $12 million in real estate brokerage firm Square Yards, the realty firm said today. The brokerage firm will use the proceeds to strengthen its distribution network. Square Yards, an online to offline (O2O) real estate transaction player, has “raised US $12 million investment from…
HYDERABAD: Dell EMC, a leading provider of IT storage solutions and Pi Datacenters, a green field data centre and an enterprise class cloud service provider, on Tuesday announced a strategic partnership. Dell EMC, a part of Dell Technologies, and Pi would collaborate to leverage each other in delivering software defined storage (SDS) to customers in the India…
