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Sensex gained 349.24 points to close at 73,057.40, while the Nifty 50 ended 74.70 points, or 0.34%, higher at 22,196.95. Also Read: Indian stock market: 8 key things that changed for market overnight - Gift Nifty, fall in US stocks to weak dollar Nifty 50 formed a long bull candle on the daily chart, signaling an attempt of decisive upside breakout of the crucial overhead resistance around 22,150 - 22,200 levels. “Positive chart pattern like higher highs and higher lows continued on the daily chart and the current upmove is in line with the new higher high formation.

Jungle Ventures on Tuesday said it invested $20 million in Walko Food, an ice-cream brand and quick-service restaurant company. The investment is in line with a broader trend that the food-linked startup ecosystem is witnessing. The Singapore-based venture capital firm is focussed on companies in the early growth stage in India and Southeast Asia. This is its second investment in Walko Food in less than 12 months.

Investors await the release of US FOMC meeting minutes later this week as it would provide some insights into the Fed’s future direction. «We expect market sentiment to strengthen further as the prospect of a pre-election rally is quite strong,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.

Stock market today: The Indian stock market ended higher for the fifth straight session on Tuesday, February 20. Throughout the day, the Nifty reached a high of 22,215.6 and a low of 22,045.85. The Sensex traded between 73,130.69 and 72,510.24, ultimately closing at 72,708.16, a 0.48% increase compared to the opening price, with a gain of 349.24 points.

Spring came early to Canada’s housing market.

Canada’s inflation rate for January decelerated to 2.9 per cent, dropping more than economists were predicting and possibly opening a window for the Bank of Canada to start cutting rates as early as June. Here’s what economists are saying about the numbers.

Brookfield Asset Management Ltd. is beginning early-stage discussions about its next infrastructure product, two months after it closed a record fund that it’s deploying into transportation, telecom and other hard assets.

FMCG) industry after the slowdown became more pronounced in the December quarter. Overall volumes, which indicate number of products consumers bought, expanded 5.2% in the December quarter, lower than 6.9% in the September quarter. Sales volumes in rural markets climbed 4.8%, and in cities by 5.6%, from a year earlier, data from Kantar showed. Kantar monitors branded and unorganised products, including unpackaged voluminous commodities. Nielsen, on the other hand, tracks primarily branded retail sales. “We are likely to see another drop in the next quarter, and the current trend of slowdown is expected to stay deep into 2024," said K Ramakrishnan, managing director, South Asia, Worldpanel division, Kantar. «The mild slowdown we saw in the September quarter became even more pronounced in the December quarter.”

CNBC TV-18. “The kind of people we hire may also change, but we don’t expect to reduce our hiring," he added. The TCS CEO said that Generative AI is increasing the productivity in the programming experts.

In this article, we present you with a wide range of brands of rice that promise you not just quality but different flavors you can delight in guilt free.

Retail inflation for farm workers and rural labourers eased marginally to 7.52 per cent and 7.37 per cent in January as compared to the previous month, mainly due to lower prices of certain food items. In December 2023, Consumer Price Index-Agricultural Labourers (CPI-AL) and Consumer Price Index-Rural Labourers (CPI-RL) was 7.71 per cent and 7.46 per cent, respectively. Food inflation stood at 9.67 per cent and 9.43 per cent last month as compared to 9.95 per cent and 9.80 per cent in December 2023 and 6.61 per cent and 6.47 per cent in the year-ago period, a labour ministry statement said. In January 2023, CPI-AL was 6.85 per cent and CPI-RL was 6.88 per cent.

By Kopano Gumbi and Anait Miridzhanian

While it will likely be a relatively quieter week so far as macro data is concerned, North American markets re-open today after a long weekend, and with China also back this week, markets should turn a bit livelier after a quiet period.

The Nifty50 index rose 74 points to close at 22,196. It hit a fresh record high of 22,251 intraday. The S&P BSE Sensex rallied more than 300 points.

A recent study by a team of researchers from Europe and Asia explored the possibility of predicting positive outcomes in crypto market trading using emoji sentiment on social media.

Nifty on Tuesday made a fresh peak and ended 75 points higher near the 22,200 mark to form a long bull candle on the daily charts. The index has been making a higher high both on daily and weekly charts. The short-term trend of the Nifty remains up. A decisive move above 22,200 is likely to open a sharp upside towards the upper trajectory of 22,500-22,600 levels in the near term. Immediate support is at 22,080 levels, said Nagaraj Shetti of HDFC Securities.

Investing.com-- The People’s Bank of China cut its five-year benchmark loan prime rate by a bigger-than-expected margin on Tuesday, loosening monetary conditions further in a bid to support a slowing economic recovery in the country. 

US dollar's 2024 uptrend has shown signs of slowing down recently despite the US CPI and PPI data coming in higher-than-expected last week.

₹107.80 apiece on BSE. HFCL stock price touched an intraday high of ₹113.25 apiece and a low of ₹107.40.

Stock market today: On account of the participatory rally in majority segments, the Indian stock market ended higher for the fifth straight session. The Nifty 50 index hit a new high of 22,186 before ending at 22,122 level. The BSE Sensex shot up 281 points and closed at the 72,708 mark while the Bank Nifty index added 150 points and ended at 46,535 level.

Sensex rose 281 points to settle at 72,708 and the broader Nifty closed at its all-time high of 22,122 points. Stocks that were in focus included names like Novartis India, which rose 15.44%, Global Health, which fell 2.9%, and YES Bank, whose shares declined 4.58% on Monday.