Sensex Closes At All-Time High, Nifty Above 26,000 For First Time
Stocks like Power Grid, Axis Bank, NTPC, and Bajaj Finserv led the gains, while Tech Mahindra, Tata Motors, and SBI were the top losers.
Indian Equity Markets Trade Flat Amid Mixed Global Cues
Indian equity markets displayed a flat trend on Wednesday, responding to mixed signals from global markets.
Indian Economy Set For 7.1% Growth In FY25, Moody’s Projects
Moody's Analytics also revised India's inflation forecast down to 4.7% from 5%. The country's inflation rate stayed below 4% in July and August. For 2025 and 2026, the inflation forecasts remain unchanged at 4.5% and 4.1%, respectively.
Google’s Sundar Pichai, Nvidia CEO Jensen Huang Praise PM Modi’s Vision For AI And Chip Manufacturing In India
Jensen Huang, after meeting PM Modi, called him an incredible student of technology. He expressed eagerness to partner with India, noting Nvidia’s collaboration with start-ups and IITs to seize AI’s transformative potential
Markets Shed Gains After Record High, Sensex Closes At 84,914
Top Sensex gainers included Tata Steel, Power Grid, Tech Mahindra, and HCL Tech. Major losers were HUL, UltraTech Cement, IndusInd Bank, and Kotak Mahindra Bank
S&P Global Ratings Maintains India’s GDP Growth Forecast At 6.8% For FY25, Cuts China’s Projection
S&P Global Ratings has affirmed India's GDP growth forecast at 6.8% for the fiscal year 2024-25, while simultaneously reducing China's economic growth outlook by 0.2 percentage points to 4.6% for the calendar year 2024.
Report Highlights Skill Gap Among Gig Economy Workers
Companies such as Uber, Ola, Swiggy, and Zomato are creating significant opportunities, reflecting a labor market shift accelerated by the pandemic.
Adani Energy Solutions Joins Utilities For Net Zero Alliance
Adani Green Energy Limited the country’s largest private transmission and distribution firm announced their membership in Utilities for Net Zero Alliance (UNEZA).
India’s Equity Benchmarks Reach All-Time Highs Amid Positive Market Sentiment
Indian equity benchmarks soared to record levels buoyed by encouraging trends from both Asian and U.S. markets.
Adani Total Gas Shares Surge 6% After Securing $375 Million From Global Lenders
The company's shares saw a significant rise on both the BSE and NSE. On the BSE, the stock jumped 6.02%, while on the NSE, it closed 5.19% higher at Rs 829.70