Bharat Express

Business

RBI monthly bulletin has expressed optimism about India's economic prospects, citing a revival in rural consumption.

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 Group announced its Q1 FY25 performance, reporting a significant increase in EBITDA of 32.9% year-over-year (YoY) to INR 22,570 crore.

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 has surged, with toy exports reaching $523.24 million and surpassing imports of $517.71 million.

Dr. Gita Gopinath, Deputy Managing Director of the IMF has projected that India will become the third-largest global economy by 2027.

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

In addition to strong performances in large-cap stocks, mid-cap and small-cap stocks also indian equity showed positive movement.

Indian equity indices ended higher on Wednesday, buoyed by positive global market trends. The Sensex rose by 149.85 points, or 0.19 percent, closing at 79,105.88. Meanwhile, the Nifty increased slightly by 4.75 points, ending at 24,143.75.

Indian equity markets opened on a positive note on Wednesday, despite experiencing some pressure in midcap and smallcap stocks.