Domestic indices Nifty and Sensex are down in trade today as the indices extend losses for the second consecutive session. Nifty lost 107 points to trade at 18,015 while Sensex gave up the 60,600 level, shedding 341 points. Dr Reddy, Tata Steel, Infosys, Adani Enterprises and Reliance Industries are the most active Nifty 50 stocks […]
India is likely to remain the fastest-growing major economy in the world in 2024 on the back of strong consumer demand leading to a pick up in investment across sectors such as construction, hospitality and infrastructure including railways and aviation, Assocham said on Thursday. India retained the tag of the world’s fastest-growing major economy, with […]
By Sameet Chavan The Indian equity market has witnessed a slender range-bound movement on the weekly expiry session until the fag end buying interest levitated the benchmark index. The respite from the selling spree of the FIIs and positive global traction has boosted our market participants, whose rub-off effect is evident in the broader market […]
ITC share price has jumped about 50% in the last year, but the stock may get a setback if the government raises tax on cigarettes in the upcoming Union Budget 2023. Brokerage firm Prabhudas Lilladher expects a 5-10% hike in cigarette excise duty in Union Budget 2023. Note that the last tax hike was announced […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to two stocks/securities on Friday, February 3, 2023. Ambuja Cements and Adani Ports are the stocks/securities placed on the National Stock Exchange’s futures and options (F&O) ban for trade on Friday. According to the NSE, the stocks mentioned above are […]
Pakistan has been struggling to provide even basic amenities to its citizens, with milk prices skyrocketing to Rs 250 per litre and chicken prices to Rs 750 per kg. Recently, Defence Minister Khawaja Asif declared Pakistan ‘Bankrupt’, saying that the solution to the country’s economic crises lies within Pakistan, not with the International Monetary Fund. […]
By Shaifalika Panda In Mumbai’s dynamic streets, Aisha, an aspiring entrepreneur, envisions revolutionizing the health tech sector. As a woman in technology, she confronts deep-rooted stereotypes, gender-biased hiring, and societal pressures. The challenges reflected in her story are not unique to Indian women. Thus, the G20 New Delhi Leaders’ Declaration stands as an optimistic pledge […]
By Roop Bhootra The Indian equity markets and corporate sector have shown a tremendous recovery in the just concluded financial year and have successfully staged a recovery from the Covid induced lockdowns and restrictions. The growth was both led by increase in volumes and value as the economy gradually unlocked during the year. The resilience […]
Kotak said it reads the revision in valuation formula for the balance Max-Axis deal as a realignment with regulatory guidance and the stamp of certainty on the partnership. The focus now shifts to the next leg, i.e. merger of Max Financial Services and Max Life in which the bank will likely need to play a […]
By Nandish Shah Nifty 50 index has reversed its recent downtrend ahead of the much-awaited result of assembly polls in five states, as it has crossed the 5 day EMA (first time in the March month). Nifty has also filled the down gap made on 07 March 2022. Advances outnumbered the declines with a huge margin […]
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