Market Overview: BSE Sensex and Nifty 50 Performance Market Overview In a vigorous trading session today, the BSE Sensex and Nifty 50 stayed buoyant, both experiencing an increase of over 3%. This upward movement brings them slightly more than 5% away from their record highs. In the previous year, on September 27, the Sensex reached ...
Mehul Choksi, the fugitive diamond merchant, has been in the spotlight due to his ongoing legal battles and efforts to avoid extradition to India. Initially, Choksi expressed readiness to cooperate with Indian agencies and appear in court via video conferencing. However, his offer was dismissed, and the Indian agencies have continued their relentless pursuit to ...
In April, following the Indian Reserve Bank’s decision to reduce the repo rate by 0.25 percent, numerous banks have adjusted their Fixed Deposit (FD) rates accordingly. This reduction has brought the repo rate down to 6 percent, prompting financial institutions to reevaluate their deposit schemes, reflecting the current economic climate. Impact of Repo Rate on ...
In the dynamic landscape of the Indian stock market, the rankings of top companies frequently change. As of the latest reports, Reliance Industries has managed to maintain its position as the top company in India, with a considerable market capitalization. However, TCS has made notable strides, reflecting the competitive nature of the market. This article ...
Introduction Zerodha, one of India’s largest discount brokerage firms, has revolutionized the trading landscape with its zero brokerage policy on equity delivery. This significant change has attracted thousands of investors and traders, leading to substantial savings. However, as the CEO of Zerodha recently revealed, it’s essential for investors to remain vigilant about additional charges that ...
Dividend stocks are often considered a reliable investment choice for those seeking consistent income through dividends, and the recent performance of Procter & Gamble Hygiene and Health Care (PGHH) illustrates this point well. The company reported impressive financial results for the quarter ending December 31, 2024, with notable growth in net profit compared to the ...
On February 10, market participants are urged to pay close attention to HDFC Bank, as it has made a significant adjustment to its Marginal Cost of Funds-based Lending Rate (MCLR). This strategic move marks a 5 basis points (bps) increase from the previous rate, reflecting changing economic conditions and the bank’s operational strategies. The new ...
As of today, gold prices have experienced a significant rise, reaching over ₹86,700. This surge follows the recent budget announcement, which has impacted the market dynamics for gold. Investors and consumers alike are keenly observing the fluctuations in gold rates, as the price of both 24-carat and 22-carat gold has increased by as much as ...
ASM Technologies is experiencing notable fluctuations in its stock performance as its market capitalization currently stands at INR 1,500 crores. In just a week’s time, the company’s shares have seen a decline of 12%. This decline, amidst a challenging market for many, raises questions about ASM’s operational strategies and external factors influencing its performance. The ...
Kent RO Systems Limited, a leading player in the water purification and filtration industry, has witnessed significant growth and focuses heavily on expanding its market presence. The company recently announced an Initial Public Offering (IPO) as it aims to enhance its operational capabilities and generate additional revenue streams. For the fiscal year 2024, Kent RO ...