Rupee falls by 14 paise to 83.23 against US dollar
November 16th, 2023 16:30
At the interbank foreign exchange market, the rupee opened lower at 83.18 against the US currency. The local unit remained under pressure in the day trade moving in a range of 83.17 to 83.25.
ITC, Maruti Suzuki and 4 other Nifty50 stocks cross 50-day SMA
November 16th, 2023 16:27
In the dynamic world of stock markets, technical indicators play a crucial role in helping investors make informed decisions. One such indicator is the 50-day Simple Moving Average (SMA), a popular tool that provides insights into short-term price trends.
Vinayak Sapre investment tips for Gen Z and millennial investors
November 16th, 2023 16:27
“We need to make them understand that instant gratification does not work. You will come across people on one side, they invest in high risk products like crypto and all. On the other hand, they prefer to invest in FDs. So there is no middle path for them. And in fact, that path is the solution which needs to be told to them.”
Mahindra Finance on track to double book by the end of FY25 but we are not in a hurry: Vivek Karve
November 16th, 2023 16:27
“While FMCG companies have been experiencing a subdued demand environment, NBFCs have been growing quite consistently and MMFSL is not an exception. All NBFCs have reported very robust disbursement growth and therefore, the AUM growth as well. If the tide is turning and the rural incomes are showing a definite upturn, it continues to augur well for even the NBFC sector.”
TCS buyback: Rs 17,000-crore offer can generate double-digit returns in short term
November 16th, 2023 16:27
At a board meeting last month, India's largest software services exporter had approved a proposal to buyback up to 4,09,63,855 equity shares of the company for Rs 17,000 crore, representing 1.12% of the total paid-up equity share capital, at Rs 4,150 per share.
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