[ad_1] India and the UK have agreed to make further progress on the ongoing negotiations for a free trade agreement (FTA) and also to swiftly organise the next bilateral Economic and Financial Dialogue soon, the British government said on Saturday. At the conclusion of UK Chancellor Jeremy Hunt’s India visit Read more…
[ad_1] Indicating a downtrend continuation pattern, a long bear candle was formed on Nifty’s daily chart today. Negative chart patterns like lower tops and bottoms were formed on the weekly chart and Nifty is currently on the way down to form a new lower bottom of the sequence (below 17,353), Read more…
[ad_1] The rout in Adani Group shares has room to run based on charts that show key stocks in Gautam Adani’s empire may still extend declines to the 85% downside flagged by Hindenburg Research.The combined market value of the 10 listed companies in the group has slumped by $146 billion, Read more…
[ad_1] Kotak Special Situations Fund, managed by Kotak Investment Advisors, on Wednesday announced an investment of Rs 1,070 crore in Biocon. The proceeds will be used to finance Biocon Biologics’ acquisition of the biosimilars business of its partner Viatris to create a global vertically integrated biosimilars player. With the current Read more…
[ad_1] Russia gave no security guarantees to US President Joe Biden during his unannounced visit to war-torn Ukraine, Russian intelligence agency director Alexander Bortnikov said on Tuesday. President Biden slipped into Kyiv on Monday for the first time since Russia invaded Ukraine almost a year ago. “Indeed, the United States Read more…
[ad_1] India is expected to pitch for focusing on issues relating to macroeconomic stability and inclusive growth at the upcoming meetings of G20 finance and foreign ministers that are taking place under the shadow of the Ukraine conflict. India is also hosting a conclave on Global Partnership for Financial Inclusion Read more…
[ad_1] As global cues turned negative and concerns over continued monetary tightening weighed, Indian indices ended Friday’s session on a weak note. Nifty ended over 0.5% lower at 17,944, while Sensex also lost 0.52% to close at 61,002.5. Broader markets, meanwhile, underperformed their headline peers, with Nifty Midcap 100 falling Read more…
[ad_1] Year-to-date (YTD) India’s main index Nifty50 is down by -0.9%. Other EMs like Mexico, South Africa, South Korea, and China are up by 9.1%, 9.0%, 10.7%, and 5.2%, respectively. Not only that, the developed states have also done better. S&PP500, Nasdaq, France, UK, and Germany have provided returns of Read more…
[ad_1] New Delhi: Adani Group firm Adani Transmission on Friday said it has no undisclosed information which may have a bearing on the spike in its share volumes. The company made the remarks in response to a BSE query seeking clarification with reference to movement in volume of its shares. Read more…
[ad_1] Stating high structural growth visibility for wiring harness content, brokerage house Nomura initiated coverage on Motherson Sumi Wiring with a Buy rating and a target of Rs 62, indicating an upside potential of 22% from the current market price of Rs 50.9 per share. “The Indian PV industry is Read more…