Nifty 50 ended the previous session 2,823.55 points below its record high. Wall Street paused its losing streak with the Nasdaq up by 0.6% and S&P 500 gaining 0.4%. Asian equities also saw gains in early trade. The ₹10,000 crore NTPC Green Energy IPO opens today, and with the earnings season nearly over, focus shifts…
Stock Market LIVE Updates: Sensex tumbles over 900 pts, Nifty below 24K; Sun Pharma drops 4%, Infosys 2%. On Monday, Indian benchmark indices Sensex and Nifty declined, primarily due to losses in banking, financial, and IT sectors. Investor sentiment was cautious ahead of the U.S. presidential election and anticipated interest rate cuts by the Federal…
Sensex Today | Stock Market LIVE Updates Key equity indices, Sensex and Nifty50, traded lower on Wednesday due to declines in banking and financial stocks. This drop is influenced by ongoing foreign selling and disappointing corporate earnings Market Highlights: Market Update: Brokerage Take: UBS on Cipla UBS has kept a “buy” rating on Cipla’s stock…
Duration funds, which invest in longer-maturity bonds, have the potential to generate higher returns compared to funds with shorter durations. When interest rates decline, the prices of longer-duration bonds rise more than shorter-duration bonds, allowing duration funds to capture greater capital appreciation. This can lead to stronger overall returns for investors during periods of falling…
Reliance Industries (RIL) share price continued its record-breaking rally for the second consecutive day on Wednesday, hitting a fresh all-time high of Rs 2,724.95 on the BSE. The stock closed at Rs 2,718.40, up 2.58%, adding Rs 93,121.64 crore to its market capitalization, which now stands at a staggering Rs 18,39,183.64 crore. The strong performance…
ICICI Bank’s share price rose by 2% on Tuesday, June 25, 2024, as the bank’s market capitalization crossed the $100 billion mark. This milestone achievement highlights the bank’s strong performance and growth trajectory. ICICI Bank, one of India’s largest private sector banks, has been consistently outpacing the industry in terms of loan growth, asset quality,…
Canara Bank’s performance for the March quarter met market expectations, with its net interest margin (NIM) showing a slight expansion despite a rise in the cost of funds. This was attributed to the bank’s strategic approach of gradually restructuring its exposure to older, low-yielding corporate assets. By either renewing these assets at current market rates…
ICICI Bank Ltd, India’s second-largest private lender, witnessed a significant surge in its market capitalization, crossing the Rs 8 lakh crore milestone on Monday. This milestone was propelled by a remarkable rally in its shares, which soared over 4 percent to reach a new 52-week high of Rs 1,155.65 on the NSE. The stock’s upward…
Tesla’s Entry into India: Elon Musk, the CEO of Tesla, has made an important declaration by confirming that he will visit India later this month to meet with Prime Minister Narendra Modi. The possibility of Tesla entering the Indian market, which could drastically alter the country’s electric vehicle (EV) market, makes this visit extremely significant….
BMW Group and Tata Technologies have announced a historic joint venture, a strategic move that highlights India’s rising popularity as a software development hub for the automotive industry. As they prepare to lead the way in automotive software development, particularly in the areas of automated driving and dashboard systems, this partnership represents an important turning…
