The FIIs as per Tuesday's data were net buyers in both equity and debt-general limit segments, according to data released by the NSDL. In equity segment, the gross buying was of Rs 18158.61 crore against gross selling of Rs 12398.80 crore. Thus, FIIs stood as net buyers of Rs 5759.81 crore in equities. In the … Read more
The government-run Open Network for Digital Commerce (ONDC) is now enabling more than 1.2 crore orders per month, with over six lakh sellers live on the network, it was announced on Tuesday. ONDC was awarded the prestigious gold award under the category ‘application of emerging technologies for providing citizen-centric services’ in the National Awards for … Read more
GR Infraprojects is currently trading at Rs. 1622.00, up by 15.85 points or 0.99% from its previous closing of Rs. 1606.15 on the BSE. The scrip opened at Rs. 1604.70 and has touched a high and low of Rs. 1622.00 and Rs. 1603.70 respectively. So far 301 shares were traded on the counter. The BSE … Read more
Hiring in several sectors like artificial intelligence-machine learning (AI-ML), pharma, and FMCG demonstrated resilience and growth in August, according to a report on Tuesday. The report by job portal Naukri showed that AI-ML led the sectors in hiring with a robust 14 per cent year-on-year increase, followed by FMCG (+11 per cent), Pharma/Biotech (+9 … Read more
India's benchmark indexes are likely to open lower on Wednesday, tracking a drop in Asian shares, on resurgent worries over U.S. slowdown and as traders turn cautious ahead of key data that could gauge the quantum of Federal Reserve's interest rate cut. The GIFT Nifty was trading at 25,171 points, as of 7:50 a.m. IST, … Read more
Asian shares and global stock futures tumbled on Wednesday while oil prices hit multi-month lows as a sharp tech selloff on Wall Street and resurgent worries about U.S. growth drove investors out of risky assets. Japan's Nikkei led the slump in Asia, falling more than 3%, while MSCI's broadest index of Asia-Pacific shares outside Japan … Read more
The safe-haven Japanese yen rallied on Wednesday while riskier currencies like the Australian dollar and sterling languished as traders ran for cover following the worst sell-off in almost a month on Wall Street. The catalyst was ostensibly some soft U.S. manufacturing data, which fanned worries about a hard landing for the world's biggest economy, with … Read more
Gold prices held steady on Wednesday as investors braced for a monthly U.S. payrolls report that could influence how swiftly and deeply the Federal Reserve cuts interest rates this year. Spot gold held its ground at $2,493.34 per ounce by 0200 GMT after hitting its lowest level in more than a week on Tuesday. U.S. … Read more
Oil prices fell on Wednesday, extending the previous day's more than 4% plunge, on expectations the political dispute that has halted Libyan exports may be resolved and concerns over lower global demand growth. Brent crude futures for November fell 28 cents, or 0.4%, to $73.47 at 0052 GMT after dropping 4.9% in the previous session. … Read more
SoftBank-backed OfBusiness, an Indian shopping website that offers raw materials to businesses, is planning an Indian stock market offering worth up to $1 billion and is close to appointing bankers, a top executive told Reuters on Tuesday. The company is in active talks with Bank of America, Citi, JP Morgan and Morgan Stanley to manage … Read more
