Web Sify
Follow us on
The BSE Sensex and Nifty edged lower on Wednesday as investors remained cautious ahead of the expiry of November equity derivatives on Thursday.The benchmark BSE Sensex and the broader Nifty were 0.16 percent lower at 12:48 p.m.Bajaj Auto fell 1.67 percent while Bharti Airtel was down 1.98 percent after Nigeria devalued naira and raises rates.Shares in Zee Entertainment slumped 4.79 percent after MSCI ...
Japan's Nippon Life Insurance will invest $108 million in Indian company Reliance Capital's fund management business for an additional 9 percent stake, the companies said on Wednesday.The latest investment will increase Nippon Life's stake in Reliance Capital Asset Management to 35 percent.Nippon Life has agreed to raise its stake in the Indian fund management business to 49 percent in two or more ...
Gold dipped from $1,200 an ounce on Wednesday as equities rose on optimism over the U.S. economy, while traders nervously awaited cues from the dollar and a Swiss referendum on central bank gold reserves.The gold market has been in a tight range this week, lacking direction ahead of the U.S. Thanksgiving holiday on Thursday and the Swiss referendum on Sunday.The metal has seen quiet trading since recovering ...
Following reports of a sharp increase in the import of gold from Switzerland, Indian authorities have started investigating whether unaccounted money parked by Indians in banks these is entering India in the form of gold. From this year, Swiss authorities have started disclosing that country's import, as well as export, of precious metals. Between January and October, Switzerland exported 380 tonnes ...
most popular on facebook
talking point on sify finance