NSE-BSE bulk deals: ITI Mutual Fund sells stake in Mold-Tek Packaging

Posted on 2021-06-10T20:47:17+05:30 - markets

Here are some major bulk deals that took place on NSE and BSE on Thursday.

Market Movers: Bajaj Finance's pivot catching investor attention and what’s cooking at Indiabulls Housing

Posted on 2021-06-10T20:38:35+05:30 - markets

Come October, Bajaj Finance's app, Bajaj Pay, will act as a gateway to a myriad of services that the company can and plans to offer in the future.

Trade Setup: Nifty faces strong resistance at 15,800 level

Posted on 2021-06-10T20:27:34+05:30 - markets

Though the index did see minor blips, the overall session remained in a capped range with Nifty50 oscillating in a range of 100 odd points.

Market Watch: What should investors do now as bulls return to D-Street?

Posted on 2021-06-10T19:45:15+05:30 - markets

S&P 500 hits record high as Wall Street brushes off higher inflation data

Posted on 2021-06-10T19:22:51+05:30 - markets

A bigger-than-expected jump in May consumer prices raised concerns of early policy tightening by the Federal Reserve, while another report showed the labor market remained under pressure.

ECB maintains copious stimulus even as recovery takes hold

Posted on 2021-06-10T19:09:29+05:30 - markets

The ECB has bought around 80 billion euros worth of debt per month under Pandemic Emergency Purchase Programme (PEPP) this quarter, up from around 62 billion euros in the first quarter.

OPEC sticks to forecast of oil demand surge in second half of 2021

Posted on 2021-06-10T18:55:02+05:30 - markets

In a monthly report on Thursday, the Organization of the Petroleum Exporting Countries said demand would rise by 5.95 million barrels per day (bpd) this year, or 6.6 per cent. The forecast was unchanged for a second consecutive month.

US annual consumer price inflation jumps to 5.0% in May, highest since Aug 2008

Posted on 2021-06-10T18:46:56+05:30 - markets

Initial claims for state unemployment benefits totaled a seasonally adjusted 376,000 for the week ended June 5, compared to 385,000 in the prior week, the Labor Department said on Thursday.

ECB lifts growth, inflation projections, sees risks as balanced

Posted on 2021-06-10T18:42:51+05:30 - markets

​​​ECB President Christine Lagarde also said the ECB saw risks to growth as "broadly balanced", a shift away from the ECB's long standing assessment of risks as tilted to the downside.

3rd tranche of open market purchase of Rs 40,000 cr G-Secs on June 17: RBI

Posted on 2021-06-10T18:36:19+05:30 - markets

In April, RBI Governor Shaktikanta Das had said that the RBI will conduct open market purchase of government securities of Rs 1 lakh crore under the G-SAP 1.0 in first quarter of the financial year 2021-22.

Yes Bank board approves plan to raise up to Rs 10,000 cr via debt

Posted on 2021-06-10T18:20:57+05:30 - markets

Yes Bank shares closed 3.03 per cent up at Rs 14.64 apiece on BSE.

Day trading guide: 2 stock recommendations for Friday

Posted on 2021-06-10T18:14:45+05:30 - markets

The index has taken support at the key short-term moving average placed at 15,630, and formed a small bullish candlestick.