New Record GIFT Nifty, which stands as a new benchmark to the growth story of the Indian equity market, recorded a new milestone and has added yet another feather in its cap in terms of achieving All-Time High Monthly Turnover of USD 88.10 billion in May 2024 as on end of the first session on …
As India braces for the results of the Lok Sabha Election 2024, market volatility has surged, with the India VIX index touching an weekly high of 26.1950 , a significant rise of nearly 95.73% in just one month. The anticipation surrounding the election results has kept the Indian stock market on edge, resulting in a …
Overview – The conflict between Indian institutions and foreign investors is still going on, with the former continuing to buy while the latter remained net sellers on the stock markets. In the first week of May, foreign investors withdrew Rs. 5,936 crores from domestic equities, fearful of a second wave of pandemic infection and its …
On June 21, India’s largest car manufacturing company, Maruti Suzuki, announced increasing its vehicle prices, prompted by a surge in various input costs. This is the fourth time the Gurugram-based company has undertaken a hike this year. The first Maruti Suzuki price hike was announced in January, whereas the other two were revealed in April. The …
Ever since the Covid-19 pandemic broke out in India and the subsequent national lockdown imposed in March 2020, India has experienced a second and severe wave of the pandemic. The second wave has now all but receded, and several states and key cities in the country have begun unlocking activities. What has the economic impact …
The markets continue their bull run, with the benchmark index, Sensex, closing at 53,000 levels for the first time on Wednesday, gaining 0.37 per cent or nearly 194 points. The markets came back into positive territory post noon followed by a rally in metal stocks and banking and financials. Foreign institutional investors (FIIs) turned net …
Even as the Indian equity markets scaled fresh peaks, the market capitalisation of companies in the BSE universe touched an all-time peak of Rs 247.30 lakh crore. Also, investors have added a collective Rs 5.76 lakh crore to their wealth through the rally over three days. The BSE benchmark index, Sensex on August 30, surged …
Shares of the online food delivery company and restaurant aggregator Zomato hit another high on 3 September 2021. The company’s shares reached a new excessive of Rs. 150.50, a 9% surge on the BSE intra-day trade. Moreover, combined equity shares of 102 million changed hands on the BSE and NSE (data as of 3:05 PM, …
An Overview Various blue-chip firms contributed rupees 2,93,804.34 crore in market valuation last week, after a record-breaking rally in stocks, with RIL emerging as the highest booster. Previous week, the BSE 30-share benchmark rose 2,005.23 points, or 3.57 percent. On Friday, it surpassed the 58,000 barrier for the first time. Last week, the Sensex only …
4 of India’s 10 most valued businesses have added a massive Rs. 65,464 crores to their market valuation over the past week. Out of these 10 companies, telecom giant Bharti Airtel and State Bank of India have been frontrunners. These two giants have emerged to be the biggest winners over the last trading week. As …
