Finance Minister Nirmala Sitharaman is set to present the full-year Union Budget for FY24-25 on July 23, 2024. The impact of the Union Budget on the equity market has reduced notably over the past few years with the government undertaking most of the reforms outside the purview of the Budget. […]
Private sector Banks
The stock hit its record high of ₹1,199.35 and its market cap crossed $100 billion in intra-day deals today. The stock has now risen over 33 percent from its 52-week low of ₹898.85, hit on October 26, 2023. “While we estimate margins to remain range-bound in the near term, the […]
The index posted a weekly gain of 3.32%, marking its best weekly performance in CY24 so far. The index’s previous best weekly performance was recorded in December, with a gain of 5.46%. Among the top gainers in the index during this week was Bandhan Bank, which finished with a gain […]