New Delhi, Feb 13 (SocialNews.XYZ) An important ongoing trend in the market is the weakness in the broader market with sharp cuts in many mid and small-caps, says V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial…
Mumbai, Feb 12 (SocialNews.XYZ) Domestic equities opened positive on Monday, but soon witnessed selling pressure amid muted global cues, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services. While the Sensex fell…
New Delhi, Feb 12 (SocialNews.XYZ) India’s retail inflation slowed to 5.1 per cent in January this year from 5.69 per cent in December 2023, bringing some relief to household budgets, according to official figures released…
Mumbai, Feb 12 (SocialNews.XYZ) The Chinese market’s underperformance has been stark for many years now, said V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. In early 2010, the Shanghai composite index was around 3,000….
New Delhi, Feb 12 (SocialNews.XYZ) Travel agency EaseMyTrip has announced plans of building a luxury five-star hotel in Ayodhya near the Sri Ram Mandir which led to a surge in the company’s share price on…
New Delhi, Feb 12 (SocialNews.XYZ) FICCI Cascade has been at the forefront when it comes to raising awareness about smuggling activities and initiating pro-active dialogues on how it can be tackled. Speaking on the occasion…
New Delhi, Feb 12 (SocialNews.XYZ) BSE Sensex is now down more than 300 points as the markets extended losses on Monday. BSE Sensex is now at 71,218.82 points, down 376.67 points or 0.53 per cent….
New Delhi, Feb 12 (SocialNews.XYZ) Apex business chamber FICCI’s quarterly survey on manufacturing released on Monday reveals a sustained and continued period of growth for India’s manufacturing sector in the last quarter of financial year…
New Delhi, Feb 12 (SocialNews.XYZ) Small cap shares are down on Monday amid broad based selling pressure in the markets. Infrastructure and PSU shares are also facing selling pressure in a weak market. Both the…
New Delhi, Feb 12 (SocialNews.XYZ) Union Ministry of Power has sent a detailed letter to all states and union territories for adherence to “Resource Adequacy Guidelines” in order to ensure adequate growth in the nation’s…
Mumbai, Feb 11 (SocialNews.XYZ) It was an extremely volatile week in which one saw intraday gains being wiped out as well as opening losses being more than recovered. At the end of it all, markets…
New Delhi, Feb 10 (SocialNews.XYZ) Direct-to-consumer (D2C) startup Blissclub has laid off nearly 21 employees, or 18 per cent of its workforce, to cut costs. However, the number of impacted employees at the fashion apparel…
Mumbai, Feb 10 (SocialNews.XYZ) Pharma major Divi’s Laboratories on Saturday reported a 17 per cent increase in its consolidated net profit to Rs 358 crore for the October-December quarter of the current financial year compared…
New Delhi, Feb 10 (SocialNews.XYZ) The Central Board of Trustees of the Employees’ Provident Fund Organisation (EPFO) has recommended an interest rate of 8.25 per cent on Provident Fund deposits for 2023-24. At present, the…
New Delhi, Feb 10 (SocialNews.XYZ) Finance Ministry on Friday said that the Sovereign Gold Bonds 2023-24 (Series IV) will be opened for subscription during February 12-16, with settlement date as February 21. The gold bonds…
New Delhi, Feb 10 (SocialNews.XYZ) Chief Investment Strategist of Geojit Financial Services V K Vijayakumar on Saturday said that the FPI investment trend of selling in equity and buying in debt witnessed in January is…
Mumbai, Feb 9 (SocialNews.XYZ) India’s foreign exchange reserves jumped by $5.7 billion to $622.5 billion for the week ended February 2, RBI data released on Friday showed. In the previous week, the overall reserves had…
Mumbai, Feb 9 (SocialNews.XYZ) Sharp selling was seen in the broader domestic market on Friday on account of the rise in crude oil prices and muted global cues amid the Lunar New Year holiday in…
Karachi, Feb 9 (SocialNews.XYZ) The Pakistan Stock Exchange (PSX) opened the day on a negative note as the benchmark KSE-100 index plunged over 2,000 points on Friday as uncertainty surrounded election 2024 results, local media…
New Delhi, Feb 9 (SocialNews.XYZ) Max Healthcare Institute Ltd (MHIL), one of India’s largest private healthcare providers on Friday announced the acquisition of 100 per cent stake in Alexis Multi-Speciality Hospital Private Limited (Alexis) for…