After exhibiting a negative tone in the previous two days, the USD/INR pair began yesterday’s session on a positive note but failed to maintain its initial advance. Continue reading to learn more.

Activity in the F&O market for the weekly expiry on February 24 shows 17500 to act as resistance. 

Adani Green Energy rallied 8.4 per cent with an intraday high and low of Rs 2094.40 and Rs 1930.95. Adani group stocks were rallying in today’s session led by Adani Green which has soared 10 per cent this week closing at Rs 2047.80 in today’s session, with a gain of 6.02 per cent. 

Domestic equity bourses closed at a lower level for the second day in a row. On the sectoral front, the Bank index slipped 1 per cent, because of the ABG Shipyard fraud. SBI and ICICI Bank have an exposure of Rs 2,925 crore on the defrauded. Nifty Energy index ended up 1.50 per cent at 24757.95 today. 

At 3.30 pm on Thursday, the core equity indices i.e., Sensex and Nifty 50 saw a correction similar to the last trading session. The Sensex was at 57,824, down by 172.68 points or 0.30 per cent, while Nifty was at 17,283.80 down by 38.40 points or 0.22 per cent from the last trading session.   

Excerpts from an interview with Priyadarshan Mundhra, Co-Founder and Executive Director, eClerx Services Ltd. wherein he talks about the impact of the pandemic, the current industry trends and the way ahead

Overall, it was a range-bound trading day as the market awaits further clarity from Eastern Europe.  

Our current market position and a well-defined growth strategy will help the company to unlock value for all the shareholders, believes Sandeep Sikka, Group CFO, Somany Impresa Group (HSIL Ltd).

This partnership of two likeminded organisations aims at offering customer centric solutions backed by technological innovations and best in class services. 

This has became the largest such listing by a private entity in India INX and GIFT IFSC.