Mumbai, Dec 27 (SocialNews.XYZ) With a massive rally of 701 points, Sensex soared to new highs by crossing the 72,000 points mark for the first time on Wednesday. At close on Wednesday, Sensex was up…
New Delhi, Dec 27 (SocialNews.XYZ) The resilience of the market even in the holiday season, which is normally devoid of much action, is an indication of its underlying bullishness, says V.K. Vijayakumar, Chief Investment Strategist…
Mumbai, Dec 26 (SocialNews.XYZ) Global markets are rallying in anticipation of aggressive US Fed rate cuts in 2024, and Indian equities too are experiencing a surge despite premium valuations driven by reversed FIIs inflows amid…
New Delhi, Dec 26 (SocialNews.XYZ) PSU stocks are the top gainers in trade on Tuesday notching up gains of up to 11 per cent. BSE CPSE index is the best performing index with several PSU…
New Delhi, Dec 26 (SocialNews.XYZ) The global rally in December led by the US market has lifted most markets significantly, and India was fortunate to have the lift from the state election results too, says…
Mumbai, Dec 25 (SocialNews.XYZ) The Adani Green Energy Ltd (AGEL) has executed a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) 1,799-MW solar power for a period of 25 years, an…
New Delhi, Dec 24 (SocialNews.XYZ) Markets were on a smooth course during the last week until a tsunami hit them on Wednesday. Even two trading sessions later what happened on that day remains a mystery….
New Delhi, Dec 23 (SocialNews.XYZ) India’s coal imports for blending have decreased substantially by 44.28 per cent to 15.16 million tonnes during April- Nov, 2023 of the current financial year from 27.21 million tonnes in…
New Delhi, Dec 23 (SocialNews.XYZ) The Nifty 50 index is now trading at 23x FY24 and 20x FY25 consensus EPS, indicating limited upside potential in the next 12 months, says a report by HDFC Securities….
New Delhi, Dec 23 (SocialNews.XYZ) FPI inflows, which were negative in the previous three months, have sharply turned positive in December, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. Total FPI inflows in…
New Delhi, Dec 23 (SocialNews.XYZ) While DII flows have been robust for the past few years, rising global interest rates have kept FPI flows under check, as per Quantum Mutual Fund. DIIs have invested $…
New Delhi, Dec 22 (SocialNews.XYZ) Despite ending higher on the second consecutive day on Friday, Nifty ended this week lower after a seven-week rally Deepak Jasani, Head Retail Research, HDFC Securities. On a weekly basis,…
Mumbai, Dec 22 (SocialNews.XYZ) In the last week, the benchmark indices witnessed volatile activity, and after a roller-coaster moment the Nifty ended 0.55 per cent lower while the Sensex shed over 375 points, Amol Athawale,…
Mumbai, Dec 22 (SocialNews.XYZ) Nifty closed on a positive note on Friday, while most of the sectors closed in the green. At close on Friday, Nifty was up 94.40 points or 0.44 per cent at…
New Delhi, Dec 22 (SocialNews.XYZ) The Central government has extended the reduced customs duty applicable to edible oil imports by a year in order to keep prices in check. The government had initially in June…
Mumbai, Dec 22 (SocialNews.XYZ) Polycab India shares plunged by close to 5 per cent on Friday amid reports of the Income Tax Department carrying out raids at 50 premises of the company nationwide. The residences…
New Delhi, Dec 22 (SocialNews.XYZ) The Central government has authorised the release of an additional installment of tax devolution amounting to Rs 72,961.21 crore to strengthen the hands of state governments for financing various social…
New Delhi, Dec 22 (SocialNews.XYZ) Founder MMJC & Associates Makarand M Joshi on Friday said that the decision of allowing LIC time period of 10 years to achieve minimum public shareholding is a welcome step…
New Delhi, Dec 22 (SocialNews.XYZ) Credit rating agencies such as Fitch, Moody’s and S&P, need to reform their sovereign rating process which is heavily loaded against developing countries like India resulting in additional funding costs…
New Delhi, Dec 22 (SocialNews.XYZ) Domestic markets are ending the year 2023 on a buoyant note as Nifty scales above 21,500 mark while Sensex crosses 71,000. Investor’s sentiments got a big boost in November and…