Indian Markets Start Strong Amid Global Optimism; Midcap & Smallcap Stocks See Gains
Indian equity markets opened on a positive note on Thursday, buoyed by strong global cues from both US and Asian markets.
Adani Enterprises Approves Rs 4,200 Crore QIP Issue To Large Investors
Adani Enterprises Limited, the flagship company of the Adani Group, has approved a Qualified Institutional Placement (QIP) issue worth Rs 4,200 crore.
Indian Stock Market End Lower As Last-Hour Decline Hits Key Indices
The Indian stock market faced a downturn on Wednesday, with frontline equity indices slipping into the red in the final hour of trading.
RBI Increases Transaction Limits For UPI 123Pay And UPI Lite
The limit for UPI Lite balances has also been increased to Rs 5,000 from Rs 2,000. UPI Lite, available on apps like Paytm, BHIM, and Google Pay, was launched in September 2022 to support quick, low-value transactions. Many banks are already offering this facility
RBI Keeps Repo Rate Steady At 6.5%; Maintains GDP Growth Forecast
On Wednesday, the RBI's MPC decided to maintain the repo rate at 6.5% and upheld its GDP growth forecast for India at 7.2% for FY25.
RBI Projects Robust GDP Growth For FY25 Over Strong Economic Fundamentals
The Reserve Bank of India (RBI) is optimistic about India's economic prospects, forecasting a real GDP growth of 7.2% for FY25.
RBI Governor Shaktikanta Das Projects FY25 Retail Inflation At 4.5% Amid Favorable Conditions
During the MPC meeting on Wednesday, RBI Governor Shaktikanta Das projected retail inflation at 4.5% for FY25.
Sensex Rises Ahead Of RBI MPC Decision
Indian equity indices were trading higher on Wednesday as investors awaited the monetary policy announcement from the Reserve Bank of India (RBI). At 9:48AM, the Sensex was up 251 points, or 0.31 percent, reaching 81,873. Meanwhile, the Nifty gained 81 points, or 0.34 percent, to reach 25,097. Market sentiment remained positive ahead of RBI MPC …
Indian Equity Markets Close Higher Following Election Results
Indian equity, the Sensex rose by 584 points, or 0.72%, to reach 81,634, while the Nifty climbed 217 points, or 0.88%, finishing at 25,013.
Ola Electric Faces Consumer Backlash As Shares Plummet
Ola Electric is under increasing pressure as consumer complaints flood social media, prompting a show-cause notice from the government.
