January 8, 2023 New Delhi, India Titan Company Shares Surge In a notable feat, Titan Company‘s shares surged to a 52-week high at Rs 3,776.85 on the NSE, driven by a stellar performance in the third quarter of 2023. The consumer discretionary major reported a substantial 22% YoY growth in standalone revenue, outshining the Nifty…
December 5, 2024 New Delhi, India Adani Clinches Top Spot, Surpassing Ambani in Wealth Rankings Gautam Adani, the founder and chairman of the Adani Group, has emerged as India’s wealthiest individual, surpassing Mukesh Ambani in the Bloomberg Billionaires Index. This shift marks a significant turnaround for Adani, who had lost the top spot almost a…
January 3, 2024 New Delhi, India Supreme Court to Decide on Adani Group Fraud Allegations In a significant development, the Supreme Court is poised to announce its judgment on January 3 in a series of petitions seeking an inquiry into allegations of fraud levelled against the Adani Group. The accusations stem from a Hindenburg Research…
January 3, 2024 New Delhi, India India’s Manufacturing PMI Records a Dip in December India’s manufacturing sector closed in 2023 with uncertainty as the Purchasing Managers’ Index (PMI), a key indicator of industrial health, fell to 54.9 in December. This marked a decline from November’s 56.0, reflecting a noticeable slowdown in the rate of expansion….
January 2, 2024 New Delhi, India Stock Market Highlights Indian stock markets faced a second consecutive day of declines as banking and IT stocks weighed heavily on investor sentiment. The negative trend followed cues from Asian peers and highlighted global economic concerns. Market Performance: Sensex Today | Stock Market LIVE Updates: The Sensex and Nifty…
January 2, 2024 New Delhi, India Gold Prices Gold prices started the new year on a positive note, gaining over 0.50% on the first trading day of 2024, currently hovering around $2,075. This upward momentum is attributed to a combination of factors shaping the market dynamics. Fed Rate Cut Bets Boost Gold: Investors are increasingly…
December 28, 2023 New Delhi, India Introduction: In a dynamic market session, Indian stocks reached unprecedented heights, fueled by robust foreign and domestic investor activity. However, escalating volatility and elevated valuations have sparked concerns among traders. Indian Stock Market Surges to New Highs: The Sensex surged by 200 points, setting a fresh high, with the…
December 27, 2023 New Delhi, India Stock Market Highlights In a momentous development, the Sensex has breached the 72,000 mark for the first time, accompanied by a surge in the Nifty, which has touched a new record high of 21,600. This achievement reflects a robust and positive sentiment in the Indian stock market. Both Sensex…
December 27, 2023 New Delhi, India Optimistic Economic Forecasts Boost Indian Rupee: Amid the holiday season’s thin trading, the Indian Rupee is showcasing strength against the US Dollar, driven by optimistic economic forecasts. Fitch Ratings’ latest report highlights a predicted GDP growth of 6.5% for India during the fiscal year 2024–25. The credit rating agency…
December 27, 2023 New Delhi, India Indian Equities In a remarkable feat, India’s stock market has emerged as a standout performer, witnessing an impressive 25% gain in valuation, surpassing the top 10 global markets. This surge is underpinned by the nation’s resilient economic foundation and significant investments from domestic and foreign institutional players. Global Market…
