Global Markets

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Need to put in place standards as required by technical textiles industry, says textile secretary UP Singh
India

Need to put in place standards as required by technical textiles industry, says textile secretary UP Singh

Standards or quality norms help the industry tap global markets and get good prices for their products

Wheat export ban will help in crushing attempts to hoard Indian wheat for price manipulation in global markets, say sources
India

Wheat export ban will help in crushing attempts to hoard Indian wheat for price manipulation in global markets, say sources

India has banned wheat exports with immediate effect as part of measures to control rising domestic prices, according to an official notification

Will 2022 be a year of consolidation for global markets?
Business

Will 2022 be a year of consolidation for global markets?

In the last two years, Global Central banks had printed $9 trillion, which is the most money ever printed by Global Central banks in a specified time span

Sensex jumps over 200 points in early trade; Infosys, HDFC Bank track gains
Business

Sensex jumps over 200 points in early trade; Infosys, HDFC Bank track gains

The BSE index was trading 216.23 points or 0.41 percent higher at 52,522.31, while NSE Nifty advanced 59.95 points or 0.38 percent to 15,746.90

Stock, commodity, bond, forex markets closed today for Eid ul Fitr; to resume trading tomorrow
Business

Stock, commodity, bond, forex markets closed today for Eid ul Fitr; to resume trading tomorrow

Wholesale commodity markets, including metal and bullion, will also remain shut

Govt to boost Made in India products for exports; wants MSMEs to tap market potential in Europe, Latin America, Africa
Business

Govt to boost Made in India products for exports; wants MSMEs to tap market potential in Europe, Latin America, Africa

MSMEs in the new avatar is expected to develop cutting edge export-oriented technology products. The government, sources said, will assist the concerned MSMEs with research and technology up gradation.

China's manufacturing weaker in April as virus clobbers global consumer demand, hampers economy
Business

China's manufacturing weaker in April as virus clobbers global consumer demand, hampers economy

China became the first major economy to reopen factories in March after the ruling Communist Party declared victory over the outbreak. But the United States, Europe and other major markets have yet to lift controls that are keeping consumers from spending.

Sensex nosedives 1,709 points to 3-year low, Nifty below 8,500-mark as stimulus measures fail to cheer markets; banking, telecom stocks dive
Business

Sensex nosedives 1,709 points to 3-year low, Nifty below 8,500-mark as stimulus measures fail to cheer markets; banking, telecom stocks dive

The Sensex swung over 2,488.72 points in a highly volatile session, before ending 1,709.58 points or 5.59 percent lower at 28,869.51.

Sensex plummets over 1,300 points, Nifty below 8,700 in afternoon session as global markets fail to retain early gains; IndusInd Bank tanks 32%
Business

Sensex plummets over 1,300 points, Nifty below 8,700 in afternoon session as global markets fail to retain early gains; IndusInd Bank tanks 32%

Axis Bank, Bajaj Finance, Kotak Bank, SBI and Titan were also trading significantly lower in the Sensex pack.

Bloodbath on D-Street: Sensex nosedives over 2,200 points, Nifty below 10,500-mark on global equity rout, sinking oil prices; ONGC plunges over 14%
Business

Bloodbath on D-Street: Sensex nosedives over 2,200 points, Nifty below 10,500-mark on global equity rout, sinking oil prices; ONGC plunges over 14%

ONGC was the top laggard in the Sensex pack followed by IndusInd Bank (7.64 percent), RIL (7.35 percent), L&T (6.68 percent), Tata Steel (6.45 percent), PowerGrid (5.32 percent) and SBI (5.25 percent).

BSE, NSE, shut on account of Ganesh Chaturthi today; global stocks fall as new US-China tariffs add to gloom
Business

BSE, NSE, shut on account of Ganesh Chaturthi today; global stocks fall as new US-China tariffs add to gloom

On Friday, equity benchmark BSE Sensex advanced 264 points, propelled by gains in index heavyweights HDFC, ICICI Bank, among others

Sensex gains 53 points, Nifty reclaims 10,900-mark; markets swing due to uncertainty ahead of interim budget, corporate results
Business

Sensex gains 53 points, Nifty reclaims 10,900-mark; markets swing due to uncertainty ahead of interim budget, corporate results

On a net basis, foreign portfolio investors (FPIs) sold shares worth Rs 90.10 crore on Wednesday, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 304.27 crore, provisional data available with BSE showed.

Oppo India MD resigns amidst increasing losses, to give up office on 30 November
News & Analysis

Oppo India MD resigns amidst increasing losses, to give up office on 30 November

Oppo India MD Yi Wang's resignation coincides with the increasing losses to Oppo in the country.

Global equities sell-off: Sensex recoups after 1,200-point fall; RBI policy meet holds key for markets today
Business

Global equities sell-off: Sensex recoups after 1,200-point fall; RBI policy meet holds key for markets today

The Sensex on Tuesday had closed at 34,195.94 points, down 561.22 points or 1.61 percent, from its previous close at 34,757.16 points.

Investors lose Rs 4.95-lakh cr wealth on 'Terrifying Tuesday' as markets crash; all sectoral indices bleed
Business

Investors lose Rs 4.95-lakh cr wealth on 'Terrifying Tuesday' as markets crash; all sectoral indices bleed

Domestic brokerage firm Angel Broking in a report on Tuesday said that a fall in Indian markets is likely amid sell off in global indices

JPMorgan and Citi to not immediately clear bitcoin trades for clients once future contract tradings begin next week
News & Analysis

JPMorgan and Citi to not immediately clear bitcoin trades for clients once future contract tradings begin next week

Goldman Sachs Group Inc on Thursday said it is planning to clear bitcoin futures for some clients as the new contracts go live.

Markit global survey shows Indian companies least confident, just 16% firms optimistic
Business

Markit global survey shows Indian companies least confident, just 16% firms optimistic

On the prices front though, inflationary forces are expected to soften.

Sensex surges 266 pts tracking global cues after US Fed keeps rates steady
Business

Sensex surges 266 pts tracking global cues after US Fed keeps rates steady

Trading sentiment got a boost after the current account deficit narrowed sharply to just $300 million, or 0.1% of GDP in the June quarter