Benchmark equity indices ended lower on Wednesday after three days of gain amid profit-taking ahead of the June inflation print, which came in higher owing to high food prices.Fag-end selling pulled down 30-share BSE Sensex by 223.94 points or 0.34% to settle at 65,393.90.Nifty closed below 19,400 levels, with a cut of 55 points or … Read more
The Indian market is likely to consolidate on Thursday tracking muted global cues. The S&P BSE Sensex and Nifty50 closed mixed on Wednesday. The Nifty50 closed just a shade below 19,400 levels. India VIX was up by 1.56% from 11.70 to 11.88 levels in the previous trading session. Volatility was on the rise and made … Read more
The December quarter earnings were a mixed big, but an analysis of the bottomline performance of the companies showed that as many as 41 of them reported a loss for the fourth straight quarter. The analysis by ETMarkets was done on companies with a minimum market capitalisation of Rs 500 crore. The new-age technology companies, … Read more
Sebi has barred 10 entities, including & and its promoters Nusli N Wadia, Ness Wadia and Jehangir Wadia from the securities markets for up to two years and levied a fine totalling Rs 15.75 crore on them for being involved in a fraudulent scheme of misrepresenting the company’s financial statements. Others banned and penalised by … Read more