Sensex Today Live Updates : Shares in Asia slipped to a six week-low as traders grappled with tensions in the Middle East, disappointing bank earnings and the prospect of the Federal Reserve keeping interest rates higher for longer. A gauge for the region’s equities fell, tracking Friday’s drop in USRead More →
Top News The RBI’s MPC decided to keep the repo rate unchanged at 6.5% as on 5th April 24. Large-cap funds experienced the highest inflows of FY24, totaling ₹2,128 crore. Tata AMC and Bandhan AMC has launched the NFOs for Tata Nifty Auto,Tata Nifty 500 Multicap India Manufacturing, Tata NiftyRead More →
Vodafone Idea: The telecom major announced early Friday that it plans to initiate a Follow on Public Offer (FPO) of equity shares, aiming to raise up to ₹18,000 crore. The FPO is scheduled to commence next week. The FPO will be open for subscription from April 18 to April 22.Read More →
Asian markets traded higher, while the US stock market ended flat overnight in a choppy session. Investors now await the US Federal Reserve’s policy meeting minutes and key US inflation data for further cues on the timing and depth of interest rate cuts. On Monday, the Indian stock market benchmarkRead More →
Top News NSE will launch four new indices on 8 April 2024 which are Nifty Tata Group 25% Cap, Nifty 500 Multicap India Manufacturing (50:30:20), Nifty 500 Multicap Infrastructure (50:30:20) and Nifty MidSmall Healthcare. India’s foreign exchange reserves (Forex) reserves increased by USD 2.95 billion to reach USD 645.58 BillionRead More →
The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 22,559 level, a discount of 52 points from the Nifty futures’ previous close. On Thursday, the domestic equity indices snapped a two-day losing run and ended higher ahead ofRead More →
View Full Image Wall Street (REUTERS) U.S. stocks fell on Tuesday as investors weighed chances that the Federal Reserve could delay cutting interest rates, while Tesla shares dropped after the electric car maker posted fewer quarterly deliveries for the first time in nearly four years. Tesla’s stock fell more thanRead More →
“While the year-end profit booking, Sebi advisories to mutual funds to curb froth in smids (small- and mid-cap counters) and overvaluation in some counters caused the broader market indices to correct sharply till the middle of last month, selective picking by funds and other investors at lower levels erased theRead More →
In Q3FY24, automotive companies experienced favorable year-on-year volume growth across multiple segments. This increase in volume was further reinforced by improved realisation, attributed to the implementation of premiumisation strategies and enhanced net pricing. Additionally, favorable margin performance was achieved through a beneficial product mix and advantages derived from the easingRead More →
The benchmark Nifty and Sensex indices rose 28% and 25%, respectively, during the year, their best gains in three years; However, the bigger stars were the smaller stocks — the Nifty Midcap 100 and the Nifty Smallcap 250 which roared ahead 64% and 68%, an upsurge which has attracted theRead More →
