Market investors are now eagerly waiting for the Finance Minister Nirmala Sitharaman to table the full budget for FY25. According to media reports, the government will present the budget in the third week of July, however, no official announcement has been made yet. Experts believe that the Indian stock market […]
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Shares of Nike Inc. lost $27 billion in market value, falling the most in 13 years due to growing criticism of a continued sales slowdown. The shares plunged 20 per cent on Friday’s trading session at 11:57 a.m. This was Nike’s biggest fall since 2001. The shoemaker’s stock has declined […]
Small and Mid-caps have remained market favorites so far this calendar year. Stocks from this space have witnessed exceptionally strong demand by retail investors in the first half of 2024. Year-to-date, the Nifty Midcap and Nifty Smallcap indices have both surged approximately 21 percent, outperforming the benchmark Nifty’s 10.5 percent […]
As the final date of bidding for the initial public offering (IPO) of Vraj Iron and Steel comes to an end, investors have now shifted their focus on the allotment, which is likely to be finalised on Monday, July 1, 2024. The ₹171 crore issue was open for subscription between […]
After a strong 2023, foreign portfolio investor (FPI) inflows into Indian equities were relatively modest in the first half of 2024, amounting to ₹3,201 crore. This follows a substantial inflow of over ₹17,000 crore in the previous year. Despite the market’s bullish trend and multiple new highs, FPIs remained cautious […]
Profit booking at higher levels took center stage as the Indian stock market benchmarks—the Sensex and the Nifty 50—ended their four-day winning streak with losses on Friday, June 28. Despite hitting fresh all-time highs during the session, both benchmarks succumbed to profit booking as investors took gains amid mixed global […]
Presenting a comprehensive recap of the week’s highlights, spanning from top news to market performance, here’s your market wrap for the week concluding on June 28, 2024. Source link
Despite high volatility due to domestic and global factors, Indian stock market benchmarks—the Sensex and the Nifty 50— ended the first half of the current calendar year with healthy gains. The Nifty 50 rose 10.5 per cent, while the Sensex clocked a 9.4 per cent gain in the first six […]
India is taking steps to reduce the paperwork required for foreign investors to purchase its sovereign bonds, according to a Bloomberg report citing an unnamed source. This move follows a Bloomberg report highlighting foreign investors’ challenges due to the extensive paperwork involved. Also Read | Mumbai local train update: 5-hour […]
The Indian market is experiencing relentless bullish momentum characterized by a series of record highs, frequent milestone achievements, and the establishment of new benchmarks. On Thursday, June 27, the benchmark Nifty breached the 24,000 mark for the first time. Continuing the rally, the Nifty 24,100 points for the first time, […]