The Indian market concluded July on a robust note, extending their winning streak to a second consecutive month. This positive momentum has been driven by significant sector rotation, which has played a pivotal role in sustaining the indices at elevated levels. Despite some volatility experienced after the budget—prompted by the […]
Indian economy
Stocks with a strong presence in Andhra Pradesh are in focus today following the announcements of Budget 2024 by Finance Minister Nirmala Sitharaman. For the first time in a decade, the Union Budget 2024–2025 has allocated significant funds to the state, drawing investor attention to companies operating there. The Finance […]
The Indian stock market has been on a record-breaking spree in July, driven by optimism about a growth-oriented Union Budget, expectations of healthy April-June quarter earnings for fiscal 2024-25 (Q1FY25) by Indian corporates, and the steady progress of the monsoon. In the previous session, the 30-share benchmark hit its fresh […]
As Finance Minister Nirmala Sitharaman gears up to present the Union Budget 2024 budget, Indian stock market investors are strategizing their moves to navigate the anticipated fiscal policies. The upcoming budget is expected to be themed on fiscal prudence, capex spending to help create jobs and targeted social sector spending. […]
In a remarkable display of resilience and strength, Indian benchmark indices reached another record high in today’s session, continuing their bullish momentum for the eighth consecutive trading day (excluding a minor 0.14% dip on Friday). The resurgence in foreign portfolio investor (FPI) inflows, coupled with robust retail participation through mutual […]
According to the India Meteorological Department (IMD), despite the forecast of an above-normal monsoon this year, India has received 20 per cent below-normal rainfall in June so far. The northern part of the country continues to reel under a sweltering heat wave even though the rain-bearing monsoon winds reached the […]
RBI monetary policy: On expected lines, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) maintained a status quo on the repo rate and poly stance on Friday, June 7. The six-member committee of the central bank, with a majority of 4:2, decided to keep the benchmark repo rate […]