December 13, 2023 New Delhi, India Introduction: UltraTech Cement, the third largest cement producer worldwide (outside of China) has achieved a new landmark- its share broke the ₹10,000 barrier. This year, UltraTech shares have greatly surged with a year-to-date yield of 40.13% on an annual basis. The stock peaked at ₹10,042.95 apiece, translating into a gain…
December 13, 2023 New Delhi, India Sovereign Gold Bond Schemes 2023-24 In a recent announcement, the Reserve Bank of India (RBI) has unveiled the details of the Sovereign Gold Bond (SGB) Schemes for the financial year 2023-24, offering investors valuable opportunities for gold-backed investments. Series III Subscription Details: The subscription window for Series III is…
December 13, 2023 New Delhi, India Inflation Concerns Weigh on Indian Rupee In recent developments, the Indian Rupee (INR) has encountered challenges as inflationary pressures grip the nation. According to the Ministry of Statistics & Programme Implementation, India’s Consumer Price Index (CPI) surged to 5.55% year-on-year in November, surpassing the Reserve Bank of India’s (RBI)…
December 13, 2023 New Delhi, India USDINR The last traded price of USDINR was 83.3825, down by -0.01%. The day’s range for USDINR was a high of ₹83.40 and a low of 83.36. The rupee settled little changed, supported by likely U.S. dollar sales by the RBI. Rupee forward premiums declined, with the 1-year implied…
December 8, 2023 New Delhi, India Stock Market Highlights Nifty 50 Record Highs Nifty 50 has made significant strides, touching the coveted 21,000 mark. A comprehensive analysis of the current stock market scenario reveals intriguing trends and factors influencing the trajectory. Nifty Hits Record Highs Amid Sectoral Fluctuations While the Nifty basks in the glory…
December 7, 2023 New Delhi, India Crucial Financial Checkups As the year draws to a close, it’s the perfect time to conduct a comprehensive financial checkup to set yourself up for a prosperous New Year. This article offers a roadmap through six crucial financial checkups, empowering you to gain valuable insights, make informed decisions, and…
December 6, 2023 New Delhi, India Investor Optimism Drives Nifty 50 to Record Heights The Nifty 50, representing India’s top 50 companies, has hit a record high for the fourth consecutive trading session, hovering in on the significant 21,000 mark. In December, the index has witnessed a remarkable 3.90% gain, reaching a fresh peak of…
December 4, 2023 New Delhi, India Adani Group stocks In a dynamic market move, Adani Group stocks surged by up to 9% on December 4, fueled by the BJP’s electoral success in three states and robust macroeconomic indicators. Political Triumph Boosts Investor Confidence: Investors welcomed the BJP’s triumph in three states, seeing it as a…
November 10, 2023 New Delhi, India Q2 Earnings Today As the financial world braces for a flurry of second-quarter Q2 earnings reports, a total of 581 companies, ranging from giants like Hindalco and M&M to diverse players such as Biocon and SAIL, are set to unveil their financial performance. Investors are closely watching these updates,…
November 9, 2023 New Delhi, India Tata Technologies Prepares for Landmark IPO Tata Technologies, a part of the prestigious Tata Group, gears up for its first initial public offering (IPO) in over two decades. The company, renowned for providing engineering services primarily in the auto and aerospace sectors, has drawn significant attention from global financial…
