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June 17, 2024 6:05 PM

Major Asian indices end in RED 

Major Asian indices ended in RED on Monday. Japan's Nikkei fell 1.87 percent and China's Shanghai Composite Index was down by 0.56 percent. South Korea's Kospi tanked 0.52 percent and Hong Kong's Hang Seng slipped 0.03 percent.   In the European market, major indices showed mixed performance as F...

June 14, 2024 8:27 PM

Sensex rises 182 points, Nifty settles at 23,465

India's Equity Benchmark Indices registered gain amid mixed global cues on Friday. Meanwhile, in the broader market at the BSE, both Midcap and smallcap gained over one percent each.   The Sensex rose 182 points, or 0.24 percent, to close at 76,992. Nifty gained 67 points, or 0.29 percent, to s...

June 14, 2024 5:34 PM

WPI inflation rises to 2.61% in May

India's Wholesale Price Index (WPI) based inflation surged to 2.61 per cent in May 2024. This is the highest rate in 15 months since February 2023, when it stood at 3.85 per cent, before dropping to 1.41 per cent in March 2023. The data released by the Ministry of Commerce and Industry today shows t...

June 14, 2024 8:04 AM

Oracle announced it would support the training of two lakh students in India

Cloud major Oracle has announced that it will support the training of two lakh students in India in cloud computing, data science, artificial intelligence (AI), and other emerging technologies. The company and Tamil Nadu Skill Development Corporation (TNSDC) have launched a specialised programme und...

June 13, 2024 6:42 PM

Market Update: Sensex rises 204 pts; Nifty settles at 23,399

India's Equity Benchmark Indices ended in Green today amid mixed global cues. The Sensex rose 204 points, or 0.27 percent, to close at 76,811. Nifty gained 76 points, or 0.33 percent, to settle at 23,399.   In the broader market at the BSE, the Mid-Cap indices up by 0.79 percent and the ...

June 13, 2024 11:20 AM

Sensex, Nifty open at record highs

Indian equity benchmarks opened in green today. In Intra-day trade, The 30-share BSE Sensex jumped 539 points to hit its lifetime peak of 77,145.   The NSE Nifty climbed 158 points to its record peak of 23,481. This surge has been attributed to the positive sentiment prevailing in the market,...

June 13, 2024 10:25 AM

India’s IIP records growth of 5% in first month of FY 2024-25

India's Index of Industrial Production (IIP) recorded a growth of 5 percent for April 2024 over the corresponding period of the previous year.   The IIP growth rate in April 2023 was 4.6 percent. According to the data released by the Ministry of Statistics and Programme Implementation, growth...

June 13, 2024 8:10 AM

Retail inflation eases to 12-month low of 4.75 percent in May

India’s headline retail inflation eased to the lowest in a year at 4.75 percent in May 2024, according to the data released by the Ministry of statistics and programme implementation.      In the previous month of April 2024, the Consumer Price Index (CPI) inflation was at 4.83 percent.  ...

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