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November 1, 2023 New Delhi, India Blue Jet IPO Listing Today Blue Jet Healthcare, a Maharashtra-based pharma company, made a successful debut on Dalal Street, showcasing a promising performance in its stock market launch. IPO Overview Blue Jet Healthcare’s Initial Public Offering (IPO) began on October 25, closing on October 27. The company offered 24,285,160…
October 31, 2023 New Delhi, India Stock Market Highlights The Indian stock market witnessed a decline, with key indices such as the Sensex and Nifty facing a downward trend influenced by global market fluctuations. Nifty and Sensex closed at 19,079.60 down −61.30 (0.32%) and 63,874.93 −237.72 (0.37%) Impact of Global Market Movements Asian markets experienced a downturn…
October 30, 2023 New Delhi, India Indian Stock Market Highlights: In a notable display of positive momentum, the Indian stock market continued its upward trajectory, with benchmark indices posting significant gains for the second consecutive session on October 30, 2023. The Sensex surged ahead, gaining 394 points, while the Nifty maintained a strong position, hovering…
October 27, 2023 New Delhi, India Stock Market Highlights The Indian stock market staged a remarkable recovery as key indices soared on Friday. The Sensex surged by 634 points, pushing it to new heights. The Nifty, another influential index, closed above the significant 19,000 mark. These positive developments marked a substantial rebound after a period…
October 25, 2023 New Delhi, India Indian Stock Market Falling Today Nifty and Sensex Decline The Indian stock market commenced the day with a promising gap-up opening, only to experience a significant downturn as trading progressed. All major indices witnessed pronounced sell-offs. The BSE Sensex initially displayed a positive trend, opening at 64,619, but later…
October 22, 2023 New Delhi, India Stocks to watch this week: Dividends, Stock Splits and more: Investors and stock market enthusiasts need to stay informed about upcoming corporate actions that can significantly impact their investments. In this article, we’ll provide an overview of three key aspects to watch in the coming weeks: dividends, bonus issues,…
September 17, 2024 New Delhi, India Currency Market News USDINR The Rupee ended flat, with forward premiums rising as strong local demand for the dollar and the RBI’s absorption of inflows limited the currency’s appreciation. Interest rate futures now suggest a near 60% chance of a rate change, up from 30% last week. EURINR The…
August 30, 2024 New Delhi, India Moody: India’s GDP Growth Forecast Moody’s Ratings has revised its forecast for India’s GDP growth for 2024 to 7.2%, up from the earlier projection of 6.8%. This upward revision is attributed to stronger private consumption that is boosting aggregate demand in the economy. According to Moody’s, household consumption is…
August 29, 2024 New Delhi, India Gold prices Gold prices (XAU/USD) rebounded above $2,500 per troy ounce in Thursday’s early European session, recovering from weekly lows. The metal’s rise is supported by increasing expectations of Federal Reserve rate cuts, which reduce the opportunity cost of holding non-yielding gold, and ongoing geopolitical tensions in the Middle…
August 28, 2024 New Delhi, India USDINR Analysis The Indian Rupee (INR) continued to face selling pressure on Wednesday’s Asian session, weighed down by weakness in other Asian currencies and increased month-end demand for the US Dollar (USD) from importers. Despite these headwinds, the local currency found some support from positive domestic markets and recent…
