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[ad_1] Continuous foreign fund outflows played spoilsport for the domestic markets. Mumbai: Benchmark equity indices fell in early trade on Tuesday despite a firm beginning as investors preferred to remain on the sidelines ahead of the key events -- RBI's monetary policy and the US inflation data -- due later this week. Continuous foreign fund outflows played spoilsport for the domestic markets. In early trade, the 30-share BSE Sensex dipped 5.42 points to 65,948.06. The NSE Nifty went up 2.40 points to 19,599.70. Later, the BSE benchmark fell by 93.4 points to 65,860.08 and the Nifty skidded 21.05 points to 19,576.25. From the Sensex pack, Power Grid, Mahindra & Mahindra, Bharti Airtel, Nestle, HDFC Bank, Infosys, JSW Steel, Tata Consultancy Services, ITC and Hindustan Unilever were the major laggards. Titan, State Bank of India, Tata Steel, NTPC, Asian Paints, UltraTech Cement, Tata Motors and Kotak Mahindra Bank were among the major gainers. In Asian markets, Seoul and

[ad_1] NEW DELHI: Leading bourse National Stock Exchange ( NSE ) on Tuesday raised the price band of four Adani Group firms, including Adani Power and Adani Transmission . The changes, which will be effective from Wednesday, will ensure that the price of the scrip cannot move upward or downward beyond a limit set for the day, according to a circular. NSE has enhanced the circuit limit of Adani Power to a maximum of 20 per cent from the current limit of 5 per cent. In addition, the exchange has increased the circuit limit of Adani Wilmar, Adani Green Energy and Adani Transmission to 10 per cent from the present 5 per cent level. The exchange has decided to revise the circuit limit of a total of 172 companies. In January, bourses BSE and NSE lowered the circuit limit of Adani Transmission, Adani Green Energy and Adani Total Gas. Generally, exchanges set the circuit limits to curb large movements in the price of shares in a very short time. The decision was taken after the heavy

[ad_1] The Indian stock market is closed today, August 15, on account of Independence Day. There will be no trading activities in India’s stock market today. There will be no action in equity segment, equity derivative segment, SLB segment on Tuesday, according to stock market holidays 2023 list. The Multi Commodity Exchange (MCX) will also remain closed for trading on Tuesday. In the year 2023, after the Independence Day, there are six more stock market holidays left. These are Ganesh Chaturthi (September 19), Mahatma Gandhi Jayanti (October 2), Diwali Balipratipada (November 14), Gurunanak Jayanti (November 27), and Christmas (December 25). In his Independence Day message, Ashishkumar Chauhan, MD and CEO of NSE, said, “On the occasion of our Independence Day, let us remember the sacrifice and contribution of our nation’s freedom fighters who envisioned a sovereign and prosperous India. As one of the leading global economies, we stand on the cusp of transformation, growth and dev

[ad_1] Why is Sensex Rising today? Domestic markets extended gains in Monday’s intra-day trade, as improved global cues and low-level buying pushed indices higher, which led to short covering, which, in turn, aided more buying. Furthermore, investor focus also turned to corporate health as earnings season kicks off today with TCS results. The BSE Sensex was trading 951 points or 1.59 per cent higher at 60,851. Nifty50 was trading at 18,131, up 271 points or 1.52 per cent at around 11.35 am. Investors, meanwhile, turned richer by Rs 3.55 lakh crore amid broad-based buying as bulls returned to Dalal Street after three-day hiatus. Frontline stocks such as Infosys, Tata Consultancy Services and Reliance Industries contributed to the climb. As many as 101 stocks hit their 52-week lows today. BSE stocks such as Abbott India, IDBI Bank and Jindal Steel and 98 other stocks hit their respective one-year high levels. That said, 24 stocks touched their one-year low levels today. Here are th