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….
December 8, 2023 New Delhi, India Accent Microcell IPO: Offering Details and Timeline Launch and Price Band The much-anticipated Accent Microcell IPO opens on December 8 and close on December 12, offering shares in the price range of ₹133 to ₹140. Investors can bid for a minimum of 1000 shares, with a lot size of…
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 11, 2023 New Delhi, India IMF Boosts India’s FY24 GDP Forecast to 6.3% on Strong Q1 Data In a remarkable turn of events, the International Monetary Fund (IMF) has upgraded its growth forecast for the Indian economy for the fiscal year 2023-24 (FY24). The IMF’s revised projection now places India’s GDP growth at 6.3%,…
After an impressive surge in recent months, the Indian stock market has entered a phase of consolidation, as forecasted by financial analysts. Despite the anticipated cooling off, the overall mood in the market remains optimistic. Date: Aug 01, 2023 Place: New Delhi, India In the trading session on August 1, the Indian equity market exhibited…
Welcome to our daily pre-market update, where we comprehensively analyze the Indian rupee’s performance in the currency markets. In this article, we will delve into the previous day’s trading session, examining the critical movements of the rupee against major currencies such as the US dollar (USD), British pound (GBP), Euro (EUR), and Japanese yen (JPY)….
The Dalal Street bulls displayed their dominance throughout the week ending on July 14, propelling the benchmark indices to new record highs. This surge was fueled by positive global cues and rotational buying across various sectors. While the week started off on a relatively flat note, the benchmarks witnessed slight oscillations within a narrow range….
Welcome to our daily pre-market update, where we comprehensively analyze the Indian rupee’s performance in the currency markets. In this article, we will delve into the previous day’s trading session, examining the critical movements of the rupee against major currencies such as the US dollar (USD), British pound (GBP), Euro (EUR), and Japanese yen (JPY)….
The economic arena is a dynamically evolving space where fortunes are often built and shattered. This article aims to dissect the market setup on Monday, focusing on the top 15 factors you should consider before the market opens. We will delve into different elements, such as earnings season, Q1 numbers, management commentary, domestic demand, market…
Date: June 08, 2023 Place: New Delhi, India In a much-anticipated move, the Reserve Bank of India (RBI) announced today that it would maintain the key policy repo rate at 6.5 percent. This decision came after a three-day Monetary Policy Committee (MPC) meeting led by RBI Governor Shaktikanta Das. Addressing the media, Governor Das stated,…
