Zomato Sees Massive Block Deal Amid Surge In Profits & Growth
On Tuesday, Zomato experienced a notable block deal involving 21 crore shares, which represents roughly 2.4% of the company’s total equity.
Finance Minister Urges Banks To Boost Deposit Growth To Match Rising Credit Demand
FM Nirmala Sitharaman has called on public sector banks to enhance their deposit growth rates to keep pace with rapid expansion in credit.
RBI Bulletin Sees Revival In Rural Consumption, Boost To Private Sector Investment
RBI monthly bulletin has expressed optimism about India's economic prospects, citing a revival in rural consumption.
Indian Equity Benchmark Closes Flat Amidst Pressure From Heavyweights
Indian equity benchmark closed flat on Monday, with the Sensex down 12 points at 80,424 and Nifty up 31 points at 24,572.
Adani Portfolio Announces Q1 FY25 Performance With EBITDA At INR 22,570 Crore, Up 32.9% YoY ¹
Adani Group announced its Q1 FY25 performance, reporting a significant increase in EBITDA of 32.9% year-over-year (YoY) to INR 22,570 crore.
Sensex Trades Higher On Positive Global Cues
By 9:40 a.m., the Sensex had risen by 200 points, or 0.25 percent, reaching 80,636. Meanwhile, the Nifty climbed 80 points, or 0.33 percent, to 24,621.
Indian Toy Industry Surges As Exports Outpace Imports
Indian toy industry has surged, with toy exports reaching $523.24 million and surpassing imports of $517.71 million.
India Poised To Become Third-Largest Economy By 2027, IMF Projects
Dr. Gita Gopinath, Deputy Managing Director of the IMF has projected that India will become the third-largest global economy by 2027.
Sensex Gains Over 1,300 Points Led by IT, Auto Stocks On Strong US Economic Data
Wipro, Tech Mahindra, M&M, Tata Motors, Ultratech Cement, TCS, HCL Tech, and ICICI Bank drove the Sensex gains. Sun Pharma was the sole loser on the BSE benchmark
Indian Equity Indices Surge On Positive Global Sentiment
In addition to strong performances in large-cap stocks, mid-cap and small-cap stocks also indian equity showed positive movement.
