Nifty Media index closed down 4.07% at 2081.35 today. The index has gained 1.00% over last one month. Among the constituents, Dish TV India Ltd dropped 5.83%, Inox Leisure Ltd shed 5.22% and Zee Entertainment Enterprises Ltd fell 4.58%. The Nifty Media index has soared 9.00% over last one year compared to the 0.56% slide in benchmark Nifty 50 index. In other indices, Nifty Realty […]
The U.S. Energy Information Administration (EIA) reported an injection of 77 Bcf natural gas into storage for the week ended September 9. The build in the comparable week of 2021 was 78 Bcf and the five-year average was 82 Bcf, according to EIA. The 77 Bcf injection for last week lifted inventories to 2,771 Bcf but left stocks below the year-earlier level of 2,994 Bcf […]
In their latest report, analysts at IIFL Capital Services highlight prescription volumes and market share trends for the key US products for Indian generic companies.
The headline equity indices crashed on Friday, extending losses for the third trading session. Negative global cues dampened the investors sentiment. The Nifty ended below the 17,600 level. Selling was wide spread with media, realty and IT stocks falling the most. As per provisional closing data, the barometer index, the S&P BSE Sensex, was down 1,093.22 points or 1.82% to 58,840.79. The Nifty 50 index […]
A comprehensive new study by the World Bank suggests that the world may be edging toward a global recession in 2023 amid simultaneous rate hikes by central banks across the world. The World Bank report highlighted that central banks around the world have been raising interest rates this year with a degree of synchronicity not seen over the past five decades?a trend that is likely […]
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