Sensex Soars 1,961 Points, Nifty Gains 557 In Broad-Based Market Rally
A sharp rally in financial stocks and encouraging US labor market data fueled the uptrend. Blue-chip banking stocks like SBI, ICICI Bank, and IndusInd Bank led the gains, contributing significantly to the benchmark indices' rise
Indian Stock Market Rallies Despite Geopolitical Strains; Buoyed By Strong Domestic Sectors
The Indian stock market displayed resilience, opening on a positive note despite escalating geopolitical tensions between Russia and Ukraine.
Sensex Drops 422 Points, Nifty Falls Below 23,350 On Weak Global Sentiment
At the close of trading, the Sensex dropped by 422 points, or 0.54%, to 77,155, and the Nifty fell 168 points, or 0.72%, to 23,349. The market saw 1,235 stocks close higher, while 2,735 stocks ended lower. Only 95 stocks remained unchanged
India May Miss ₹11.1 Trillion Capex Target For FY25, Inflation Remains Key Concern
Retail inflation hit a 14-month high in October, driven by rising prices of edible oils, onions, and tomatoes. Despite this, Seth reaffirmed the government’s growth projection of 6.5%-7% for FY25, with no downside risks expected
Government Initiatives Driving Foreign Investment In India: CII
As per CII, initiatives like 'Make in India' and PLI are playing a key role in attracting foreign investors to set up operations in India.
Two-Wheeler Retail Sales To Witness 11-14% Growth In FY25: ICRA
Credit rating agency ICRA has revised its growth outlook for two-wheeler wholesale volumes to 11-14% in FY25, driven by steady replacement demand and improved rural incomes after healthy monsoon precipitation
Booking Holdings Sees India As Key Growth Market; Plans Major Investment
Booking Holdings, the parent company of major online travel platforms like Booking.com and Agoda, has identified India as one of its top five priority markets.
Rural And Semi-Urban Areas Lead Surge In Mutual Fund Investments
In recent months, the mutual fund (MF) industry has witnessed a significant rise in investors from rural and semi-urban regions of India.
India Produces 330 Million Tonnes Of Food Grains, Earns $50 Billion In Exports: Agriculture Minister
The minister raised concerns about the increasing strain on soil health caused by excessive use of chemical fertilizers, natural resource exploitation, and unstable weather patterns
Apple Reports 36% Revenue Surge In India; Crosses ₹66,700 Crore In FY24
Apple Inc has reported a remarkable 36% surge in its operating revenue in India for the fiscal year 2023-24 (FY24), crossing Rs 66,700 crore.
