New Delhi, Dec 29 (SocialNews.XYZ) As 2023 draws to a close, the most significant feature of the year’s rally is the sharp outperformance of the broader market, says V K Vijayakumar, Chief Investment Strategist at…
New Delhi, Dec 28 (SocialNews.XYZ) The Reserve Bank of India (RBI) has given its approval to ICICI Prudential Asset Management Company Limited (I-Pru AMC) and ICICI Prudential Life Insurance Company Limited (I-Pru Life) to acquire…
New Delhi, Dec 28 (SocialNews.XYZ) The Big Five tech giants Apple, Microsoft, Alphabet, Amazon and Meta collectively added a whopping $3.9 trillion to their stock value in 2023, the highest figure in the market’s history,…
Mumbai, Dec 28 (SocialNews.XYZ) Nifty ended on a record high for the fifth consecutive session on Thursday. At close, Nifty was up 0.57 per cent or 123.9 points at 21,778.7. Cash market volumes on the…
Mumbai, Dec 28 (SocialNews.XYZ) The benchmark index maintained its optimism and hit fresh highs owing to ease in Red Sea issue and reversal of FII inflows, Vinod Nair, Head of Research at Geojit Financial Services,…
New Delhi, Dec 28 (SocialNews.XYZ) The central government has extended the customs duty exemption on tur and urad dal imports by another year, till March 31, 2025 in order to keep food inflation in check….
New Delhi, Dec 28 (SocialNews.XYZ) Oil and gas stocks are up in trade on Thursday led by HPCL which gained more than 6 per cent. BSE Oil and Gas index is up 1.72 per cent…
New Delhi, Dec 28 (SocialNews.XYZ) VIX is now much above when Nifty plunged to sub 19000 levels in late October, warning that the volatility expectations are significantly higher now said Anand James, Chief Market Strategist…
New Delhi, Dec 27 (SocialNews.XYZ) One97 Communications Limited (OCL), which owns Paytm, said on Wednesday that a whopping 912 crore merchant payments were made using the leading financial and payments provider in the second quarter…
Mumbai, Dec 27 (SocialNews.XYZ) The benchmark indices soared to record highs on Wednesday with the Sensex up almost 1 per cent, or 701 points, at 72,038.43, and Nifty hitting a new high of 21,654.75, registering…
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…