In January, FPIs injected a notable ₹19,800 crore into Indian bonds, marking the highest monthly inflow in six years, surpassing the inflows of ₹18,302 crore observed in December 2023. This positive momentum extended the ten-month streak of inflows in the debt market since April 2023, with the last recorded netRead More →
The capital infusion by the government comes in support of investments in energy transition projects by the OMCs. The rally picked up by OMC stocks also comes after the Organistation of Petroleum Exporting Countries and its allies (OPEC+) on Thursday signaled it will stick with oil production cutbacks this quarter,Read More →
In its latest budget presentation, the Narendra Modi-led government reaffirmed its commitment to bolstering capital expenditure (capex) and maintaining fiscal discipline, a strategic stance that has characterized its financial governance in recent years. The budget showcases a significant escalation in capex, which has almost tripled in the past four years,Read More →
GDP growth Intent: The budget document is vital to understand GDP growth expected for the next year. The budget is presented two months prior to the start of the next financial year (2024-25) and within a month of the first estimate for the current year (2023-24). Higher growth estimates canRead More →
Shares of Godrej Consumer Products, a leading FMCG maker, jumped 11.70% in today’s early trade to hit a fresh all-time high of ₹1299.90 apiece. This sharp uptick in shares was in response to the company’s December quarter performance, which came in line with analyst estimates. The company released its financialRead More →
In total, the index has surged by 8% over the last five sessions. In terms of index contributors, Bank of Baroda played a significant role, contributing 46.81 points to the index rally today as investors responded positively to the bank’s Q3 numbers released during the market hours today. Also Read:Read More →
A surprising divergence has cropped up in the equities markets ahead of the interim budget wherein retail investors have been net sellers in the cash market, while those trading through mutual funds continue to invest in equity schemes. While attributing the divergence to profit-booking by direct retail investors, market veteransRead More →
As we stand at the threshold of 2024, the market outlook reveals a delicate balancing act, influenced by numerous of factors both domestically and globally. While the national budget and the general election stand as major internal elements in 2024, the evolving global economic landscape introduces both opportunities and challengesRead More →
