Category: Market

912 cr merchant transactions on Paytm in Q2FY24; Delhi makes most payments from 12-6 a.m.

New Delhi, Dec 27 (SocialNews.XYZ) One97 Communications Limited (OCL), which owns Paytm, said on Wednesday that a whopping 912 crore…

2 years ago

Nifty, Sensex soar to record highs as global markets rally

Mumbai, Dec 27 (SocialNews.XYZ) The benchmark indices soared to record highs on Wednesday with the Sensex up almost 1 per…

2 years ago

Bulls back with a bang, Sensex tops 72K-mark for first time

Mumbai, Dec 27 (SocialNews.XYZ) With a massive rally of 701 points, Sensex soared to new highs by crossing the 72,000…

2 years ago

Correction in broader markets inevitable, say analysts

New Delhi, Dec 27 (SocialNews.XYZ) The resilience of the market even in the holiday season, which is normally devoid of…

2 years ago

2024 forecast to be a sector rotation period for Indian equities

Mumbai, Dec 26 (SocialNews.XYZ) Global markets are rallying in anticipation of aggressive US Fed rate cuts in 2024, and Indian…

2 years ago

PSU stock indices outperform in trade

New Delhi, Dec 26 (SocialNews.XYZ) PSU stocks are the top gainers in trade on Tuesday notching up gains of up…

2 years ago

Bulls are likely to wait for the New Year for further action

New Delhi, Dec 26 (SocialNews.XYZ) The global rally in December led by the US market has lifted most markets significantly,…

2 years ago

Adani Green Energy Ltd completes PPA with SECI for 8000-MW solar power

Mumbai, Dec 25 (SocialNews.XYZ) The Adani Green Energy Ltd (AGEL) has executed a power purchase agreement (PPA) with the Solar…

2 years ago

Markets to remain range bound

New Delhi, Dec 24 (SocialNews.XYZ) Markets were on a smooth course during the last week until a tsunami hit them…

2 years ago

Coal imports plunge 44% in current financial year

New Delhi, Dec 23 (SocialNews.XYZ) India’s coal imports for blending have decreased substantially by 44.28 per cent to 15.16 million…

2 years ago

Limited upside potential for Nifty in next 12 months due to rich valuations

New Delhi, Dec 23 (SocialNews.XYZ) The Nifty 50 index is now trading at 23x FY24 and 20x FY25 consensus EPS,…

2 years ago

FPIs big buyers in financial services

New Delhi, Dec 23 (SocialNews.XYZ) FPI inflows, which were negative in the previous three months, have sharply turned positive in…

2 years ago

DIIs invested $ 20.2 bn in 2023

New Delhi, Dec 23 (SocialNews.XYZ) While DII flows have been robust for the past few years, rising global interest rates…

2 years ago

Nifty ends lower after seven-week rally

New Delhi, Dec 22 (SocialNews.XYZ) Despite ending higher on the second consecutive day on Friday, Nifty ended this week lower…

2 years ago

PSU Bank index lost the most by shedding over 3% this week

Mumbai, Dec 22 (SocialNews.XYZ) In the last week, the benchmark indices witnessed volatile activity, and after a roller-coaster moment the…

2 years ago

Nifty Pharma index at 52-week high

Mumbai, Dec 22 (SocialNews.XYZ) Nifty closed on a positive note on Friday, while most of the sectors closed in the…

2 years ago

Cut in customs duty on edible oil imports extended by a year

New Delhi, Dec 22 (SocialNews.XYZ) The Central government has extended the reduced customs duty applicable to edible oil imports by…

2 years ago

Polycab India shares plunge as taxmen raid company

Mumbai, Dec 22 (SocialNews.XYZ) Polycab India shares plunged by close to 5 per cent on Friday amid reports of the…

2 years ago

Centre releases additional Rs 72,961 crore from tax kitty to states

New Delhi, Dec 22 (SocialNews.XYZ) The Central government has authorised the release of an additional installment of tax devolution amounting…

2 years ago

‘Allowing LIC time period of 10 years is a welcome step’

New Delhi, Dec 22 (SocialNews.XYZ) Founder MMJC & Associates Makarand M Joshi on Friday said that the decision of allowing…

2 years ago



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