The inclusion of Indian sovereign debt in the JPMorgan Emerging Markets Bond Index (EMBI) marks a watershed moment for the Indian fixed income market and the broader Indian economy. Historically, while the Indian equity market has seen substantial global participation, the bond market has awaited this pivotal event to trigger its growth phase. The JPMorgan …
Historic Day for Adani Ports and SEZ Monday marked a historic milestone for Adani Ports and SEZ as its shares began trading on the BSE Sensex on June 24, following an index rejig. The Adani Group stock replaced Wipro in the BSE Sensex. Stock Performance on the First Trading Day On Monday, shares of Adani …
Indian markets started the Wednesday session on a positive note. However, soon after the positive start, profit booking was observed at higher levels. This is not the first instance where profit booking has occurred at higher levels. Every time the index attempts to move higher, it has not been an easy ride. The upward movement …
This week, market participants will keep a close eye on earnings, as over 200 companies are expected to report their quarterly results for the period ending March 31, 2024. In addition to the earnings, the IPO market will attract attention, with 4 IPOs in the SME segment set to open for subscription this week. Issuer …
On April 05, 2024, Nifty 50 was down by 0.95 points to 22,513, while Sensex rose 20 points to 74,248. Foreign investors bought securities worth around ₹1,659 crores, while domestic investors sold shares worth ₹3,370 crore.\ Top Gainers and Losers On the sectoral front, Nifty Realty, Nifty Private Bank, Nifty Bank, and Nifty Financial services …
On March 28, 2024, the Nifty 50 rose by 0.92% to 22,326.90, and the Sensex increased by 0.90% to 73,651.35. Foreign investors bought shares worth around ₹188 crores, while domestic investors bought shares worth ₹2,691 crores. Top Gainers and Losers On March 28, 2024, sectors like Nifty PSU Bank, Nifty Healthcare, Nifty Auto, Nifty Metal …
DBS Bank India has committed $250 million (approximately ₹2,000 crore) to lend to new-age startups. This decision comes as operating metrics have enhanced, and a keener focus on profitability has improved the confidence in the sector after facing a prolonged funding slowdown. The Managing Director and Head of Institutional Banking at DBS Bank India, Rajat …
French automaker Citroen informed that the company has plans to scale up the sales network in India to more than 200 outlets by the end of 2024, which is a three-fold jump from its current touchpoints. Citroen India released a statement that adding new dealerships across urban, rural and semi-urban markets will immensely improve the …
On March 12, 2024, Nifty 50 rose 0.01% to 22,335, while Sensex grew 0.22% to 73,667. Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) bought securities worth about ₹73 crore and ₹2,358 crore, respectively. Nifty 50 witnessed a technical bounce back, and resistance was observed at 22,450 Top Gainers and Losers Nifty IT, Nifty …
On February 29, 2024, the Nifty 50 increased by 0.14% to 22,982, and the Sensex rose by 0.27% to 72,500. The market was mostly stable but surged in the last trading hours. Foreign Institutional Investors bought shares worth ₹3,568 crores, while Domestic Institutional Investors sold shares worth ₹230 crores. Top Gainers and Losers Nifty PSU …
