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Starlink Awaits Indian Approval for Satellite Broadband Services: Competition Heats Up
Elon Musk's Starlink, a satellite internet company, seeks approval for its India operations. Competition heats up in the GMPCS services sector.
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Nifty Bank Analysis for Tuesday Intraday Trade Setup – 12/09/2023
Read our comprehensive analysis of Bank Nifty for Tuesday's intraday trade setup on 12/09/2023. Learn about the technical factors, support and resistance levels, and trading strategies to make informed decisions.
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Nifty Reaches 20,000 Mark Amidst G20 Optimism and Strong Fundamentals
Nifty 50 has finally breached the 20,000 milestone, driven by optimism stemming from India's role at the G20 summit.
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Railway Stocks Rally Up to 15% After G20 Summit Announcement
Railway stocks rally up to 15% after G20 summit announcement. Government order book and modernization programs boost rail stocks.
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Market
Reserve Bank of India’s Monetary Policy Committee Meets to Discuss Repo Rate Hike Amid Inflation Concerns
The Reserve Bank of India's Monetary Policy Committee meets to discuss whether to increase the repo rate amid inflation concerns.
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Market
Oil Prices Rise on Inventory Drawdown and OPEC+ Production Cuts, but Stabilize Amid Concerns About Demand
Oil prices rose on inventory drawdown and OPEC+ production cuts but stabilized amid concerns about future demand. Gasoline and distillate inventories also decreased.
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Market
BSE Sensex and Nifty50 Continue Upward Trend, Supported by Banking and Financial Services, Auto, and Pharma Sectors
The benchmark indices continued their upward trend, with moderate gains supported by banking, auto, and pharma sectors.
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Sensex and Nifty Settle with Gains for Third Straight Session Despite Crude Oil Price Surge
Despite the surge in crude oil prices, Sensex and Nifty settled with gains for the third straight session. Auto, banking, and capital goods shares supported the uptrend.
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Market
Oil prices surge as OPEC+ announces surprise production cuts
Oil prices surge as OPEC+ announces surprise production cuts in response to weaker demand. Goldman Sachs raises year-end forecast for Brent crude.
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Market
Reliance Industries Begins Demerger Process of Financial Services Business
Reliance Industries has initiated the process of demerging its financial services business. The new entity, Jio Financial Services, plans to launch a consumer and merchant lending business. Read more here.
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