Dalal Street witnessed volatile stock markets on Tuesday after the government proposed to hike securities transaction tax (STT) on futures & options (F&O) trade in the Union Budget for fiscal year 2024-25. Foreign institutional investors (FIIs) on Tuesday sold stocks of Indian companies worth ₹17,306.08 crore and bought stocks for […]
BSE Sensex
Indian stock market will be guided by both global and domestic factors including the US Federal Reserve interest rate decision, India’s inflation data, and policy decisions of the BJP-led coalition government in the week ahead. On June 12, the Federal Reserve will release US core and consumer price inflation figures, […]
Eight of the top-10 most valued firms’ combined market valuation plunged by ₹2,08,207.93 crore last week, with bellwether Reliance Industries, TCS and Infosys taking the biggest hit, reported news agency PTI on 2 May. Along with RIL, TCS and Infosys, other firms whose m-cap declined include ITC, Life Insurance Corporation […]
Exit polls unveiled on Saturday, following six weeks of polling, indicate Modi’s coalition may augment its current 303 seats in the 543-member lower house, possibly securing the two-thirds majority necessary for constitutional amendments. The final results of the general election involving over a billion eligible voters will be announced on […]
The surge comes after the Reserve Bank of India (RBI) announced a substantial ₹2.1 lakh crore dividend to the government. This development is a significant macroeconomic positive for the market, with direct implications for the fiscal deficit and bond yields. “The infusion of funds is akin to an indirect rate […]
Traders in India’s stock market are turning to illegal election betting platforms for clues to combat the uncertainty regarding the outcome of the ongoing general elections, reported news agency Reuters. According to the report, in the weeks leading up to the vote counting on June 4, the market has been […]
Sensex Today Live Updates : Asian equities tracked gains on Wall Street as the latest US inflation data reinforced bets for Federal Reserve interest-rate cuts. Shares in Australia, South Korea and mainland China climbed, while those in Hong Kong reopened with gains after a holiday. Japanese stocks mostly rose but […]