Benchmark indices ended on flat note in the highly volatile session. At close, Sensex was down 98 points, and Nifty ended 0.2 percent lower. On the sectoral front, Information Technology and PSU Bank indices fell 1-2 percent, while Oil & Gas and Power indices gained 1-1.6 percent. The BSE midcap and smallcap indices ended in the red.
Hindustan Zinc has surged in the trade today after announcing an interim dividend but Santo is convinced it's a waste of time for investors. And, CJ is hoping for a revival in ONGC amid some favourable news development around the company despite Santo's cautionary words
Founded by Ronnie Screwvala, Mayank Kumar and Phalgun Kompalli, upGrad is one of India's leading unicorns in the higher education and upskilling space. Screwvala says he is building a company that will outlast several of its peers as startup “winter” deepens. On this episode of Bits to Billions, Screwvala and Kumar also speak about why upGrad will weather the edtech storm and how upskilling and higher education thrive in a bleak job market
Mindtree's June quarter has CJ buzzing but Santo's scepticism on information technology stocks remains intact. Plus Santo sees opportunity in Tata Metaliks but CJ argues it's best avoid. Watch the dynamic duo go head-to-head over the fate of Mindtree and Tata Metaliks.
US Inflation Highest in 41 yrs, hits 9.1 percent. What will be the impact on rate hikes and market? We speak to Peter McGuire of XM Australia. We also answer your stock queries LIVE with Gaurav Bissa of Incred Equities
Benchmark indices reversed their morning gains to close in the red. Sensex & Nifty shed over 0.5% each. BSE Midcap Index was higher by 0.32% while the Small cap index ended flat. Watch the video to know more about today’s market action.
While creating an Hindu Undivided Family (HUF) may be useful for tax planning and investments, one has to be mindful that it entails issues in joint families and poses legal challenges in dissolution and partition of the entity. Watch this video to know what is an HUF, what are the complications you can face as a member of a HUF.
Nifty is on course for the third negative close and FPIs might be the culprits again! Watch CJ discuss why a sudden shift in FPI positioning may be responsible for the latest leg of downturn in the market. Plus the duo debate over the prospects of Gravita India, Indian Hotels and BPCL.
Crude oil drops below $100 per barrel for the first time in three months. What triggered the decline? Karunya Rao and Manisha Gupta answer the question.
Market regulator has announced new rules for mutual fund nominations. From August, any new investors in mutual funds will have the choice of either providing nomination or opting out of the nomination by signing a declaration form. So, nomination in your mutual fund investments will be optional but Sumaira Abidi tells you why you should still consider adding nominees.
Watch CJ argue why HCL Tech, Delta Corp and Deepak Nitrite could attract contrarian investors even as Santo remains sceptical. Plus, the dynamic duo debate over an innerwear stock and a ratings agency.
What to expect from the Q1 results of the cement sector? We ask Ronald Siyoni of Sharekhan. We also get your stock queries answered LIVE with Shivangi Sarda of Motilal Oswal.
As per the pivot charts, the key support level for the Nifty is placed at 16,007, followed by 15,955. If the index moves up, the key resistance levels to watch out for are 16,134 and 16,210.
Benchmark indices ended lower for the second consecutive day with Nifty below 16,100. At close, Sensex was down 509 points, and Nifty was down 158 points. Except power, all other sectoral indices ended in the red. BSE midcap and smallcap indices shed 0.5 percent each.
Pratik Pota, the new CEO of Eureka Forbes, is already proving to be an asset for the company before even setting foot inside the office. Watch Santo & CJ debate what the ex-Jubilant Foodworks man will bring to the table for Eureka. Plus the duo's thoughts on Indus Towers, Hubtown and HDFC AMC.
Crude oil prices slip as fresh Covid-19 curbs in China and fears of a global economic slowdown weigh on fuel demand outlook. Meanwhile, gold prices have hit a new nine-month low as the dollar strength takes a toll on demand for the yellow metal. Other commodities too trade weak with silver and copper hitting 23-month low and 17-month low respectively.
Single use plastics have been banned in India. This is the fifth largest plastic waste generator in the world. The list of what's banned includes straws, cutlery, earbuds, packaging films, among other products. Now, we know what you're thinking - these are all items we use on a daily basis. That's why, Moneycontrol gets you a detailed list of plastic alternatives and how much that'll cost you, so that you can not only navigate the new ban, but help contribute towards a greener future.
The US dollar index has resumed its bull run and is perched at a 20-year high suggesting that risk aversion is back. Watch Santo & CJ debate if dollar's rise will reverse recent gains in Nifty and know their thoughts on stocks including Bharti Airtel, 5Paisa Capital and Apollo Hospitals.
After witnessing peak inflation and interest rates, what should we expect from markets in the second half of 2022? Ajay Bagga of Elyments Platforms replies. We also get all your stock queries answered LIVE with Ruchit Jain of 5paisa.com.
Benchmark indices recovered from intraday lows but ended with marginal losses in the volatile session. Sensex closed at 54,395, and Nifty at 16,216. Among sectors, auto, metal, oil & gas, realty and power indices rose 1-4 percent, while IT index shed nearly 3 percent. BSE midcap and smallcap indices rose 0.5-1 percent.
Indian international cricketer
Former Indian Cricketer
Prime Minister