F&O Talk| Nifty stages pullback but lacks conviction; trend hinges on banking, IT revival: Sudeep Shah

F&O Talk| Nifty stages pullback but lacks conviction; trend hinges on banking, IT revival: Sudeep Shah

Indian equity benchmarks wrapped up the week on a solid note, buoyed by strong domestic macroeconomic data and ongoing policy reforms. The Nifty gained 1.29% to settle at 24,741, while the Sensex climbed 1.13% to close at 80,710. The uptrend was broad-based, with midcap and smallcap indices outperforming, rising 1.8% and 2.5% respectively — a … Read more

India’s economic growth outlook unchanged, poised to outperform global growth despite risks: Lakshmi Iyer

India’s economic growth outlook unchanged, poised to outperform global growth despite risks: Lakshmi Iyer

“I will take you back to the RBI policy where the governor did mention that there are signs of rural and urban consumption pickup, so we are actually looking at fuelling an inward facing sort of sectors pump priming the economy right now and, of course, the BFSI, the banking, and financial services sector space … Read more

Best CD Rates Today, Nov. 15, 2024: There's Still Time to Score up to 4.75% APY

Best CD Rates Today, Nov. 15, 2024: There's Still Time to Score up to 4.75% APY

CNET editors independently choose every product and service we cover. Though we can’t review every available financial company or offer, we strive to make comprehensive, rigorous comparisons in order to highlight the best of them. For many of these products and services, we earn a commission. The compensation we receive may impact how products and … Read more

Best CD Rates Today, Nov. 12, 2024: Don't Sleep on High APYs

Best CD Rates Today, Nov. 12, 2024: Don't Sleep on High APYs

CNET editors independently choose every product and service we cover. Though we can’t review every available financial company or offer, we strive to make comprehensive, rigorous comparisons in order to highlight the best of them. For many of these products and services, we earn a commission. The compensation we receive may impact how products and … Read more

Loan rates: HDFC Bank hikes MCLR for select short-term tenures; check details

Loan rates: HDFC Bank hikes MCLR for select short-term tenures; check details

New loan rates: Private lender HDFC Bank has implemented revisions to its Marginal Cost of Funds-Based Lending Rates (MCLR) for select short-term tenures effective from November 3, 2024. The revision includes an increase of up to 5 basis points (bps) and applies specifically to the overnight, one-month, and three-year tenures. Post-revision, the overnight MCLR has … Read more

Best Savings Rates Today, Nov. 7, 2024: Score a High APY Before Rates Drop Further

Best Savings Rates Today, Nov. 7, 2024: Score a High APY Before Rates Drop Further

CNET editors independently choose every product and service we cover. Though we can’t review every available financial company or offer, we strive to make comprehensive, rigorous comparisons in order to highlight the best of them. For many of these products and services, we earn a commission. The compensation we receive may impact how products and … Read more

CIT Bank: 2024 Banking Review

CIT Bank: 2024 Banking Review

CNET editors independently choose every product and service we cover. Though we can’t review every available financial company or offer, we strive to make comprehensive, rigorous comparisons in order to highlight the best of them. For many of these products and services, we earn a commission. The compensation we receive may impact how products and … Read more

F&O Talk: Geopolitical tensions push Nifty below 50 DEMA—Buy or wait? Explains Sudeep Shah of SBI Securities

F&O Talk: Geopolitical tensions push Nifty below 50 DEMA—Buy or wait? Explains Sudeep Shah of SBI Securities

The recent milestones of the Nifty50 at 26,000 and Sensex at 85,000 were short-lived as headwinds from the Middle East and the shift of FII funds to cheaper Asian markets weighed on investor sentiment. Over the week, these benchmark indices fell by more than 4%, with a broad-based decline across sectors such as auto, banking, … Read more