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Asia Index, the benchmarks and market intelligence arm of BSE, on Thursday said that Tata group-owned Trent and state-owned Bharat Electronics will replace Nestle India and IndusInd Bank in the 30-share Sensex. The changes will come into effect from the beginning of trading on June 23, BSE said in a statement. The rejig marks a…
Pakistan stock market’s benchmark index, Karachi Stock Exchange 100 (KSE 100), dipped 0.33% in intraday trade on Monday, May 19, as India intensified diplomatic pressure on its neighbouring country. The Indian government has decided to send all-party delegations to 33 global capitals to brief global leaders on India’s resolve to deal with terrorism firmly against…
Nykaa share price jumped over 3% after global index provider MCSI announced the stock’s inclusion in its Global Standard Index. Nykaa shares rallied as much as 3.44% to ₹204.35 apiece on the BSE. FSN E-commerce Ventures, the parent company of the fashion and beauty e-tailer Nykaa, has been added to the MSCI India Index, a…
The Pakistan stock market plunged over nine per cent in four days of bear hammering as the escalation in India-Pakistan spooked investors across the border. The benchmark KSE-30 Index fell 3% on provisional basis to its the lowest since Dec. 19, after dropping as much as 6.1% at one point. India’s NSE Nifty 50 Index…
Karachi stock exchange today: The Pakistan stock market rebounded from lows on Friday, May 9, after four days of bear hammering as the escalation in India-Pakistan spooked investors across the border. At the time of writing this report, the Karachi Stock Exchange 100 or KSE-100 index was up 0.83% or 857 points at 103,531, according…
Mumbai: The National Stock Exchange (NSE) on Friday launched the Nifty Waves Index, which comprises 43 listed companies from sectors such as media, entertainment, gaming, film, television, digital platforms, and music. “This index will give investors an idea as to what’s happening to India’s creative economy,” NSE MD & CEO Ashishkumar Chauhan told Mint on the…
Nykaa, Adani Energy Solutions and Coromandel International shares are likely the top contenders for inclusion in the MSCI India Standard Index during its semi-annual rebalancing in May 2025. According to brokerage firm JM Financial, the expected changes could lead to significant fund flows into certain stocks. The official announcement for MSCI index rejig is scheduled…
The US dollar index, which measures the greenback against six major peers, extended its decline to the fourth straight session on Friday, April 11, tumbling 2% to slip below the 100 mark for the first time since July 2023, reaching 99.02. With today’s fall, the US dollar has lost 4.21% of its value so far…