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In the electric two-wheeler (e-2W) segment, the gap between TVS Motor Co. Ltd and Ola Electric Technologies Pvt. Ltd in terms of retail market share is getting smaller. Vahan data on vehicle registrations show that TVS came in second with 19.5% of the market in March, while TVS came in first with 24.8%. This is…
Most mutual funds have cut their holdings in Adani Group companies, but the largest investor in India’s public markets, Life Insurance Corp of India (LIC), has increased its holdings in four group stocks during the March quarter. This is in response to a sell-off crisis caused by a bad report from US-based short seller Hindenburg…
On Wednesday, gold prices went up a little bit as the dollar went down. Investors are keeping an eye on important US consumer price index data that will be released later today for clues about how close interest rates are to reaching their peak. In India, the price of gold kept going up. At 1:12,…
Wednesday was the eighth day in a row that the benchmark indices Sensex and Nifty went up. This was due to continued foreign fund inflows and buying in IT, healthcare, and auto stocks. The BSE Sensex went up 235.05 points, or 0.39 percent, to finish at 60,392.77. During the session, it went up 279.92 points,…
On Tuesday, shares of Bank of Baroda (BoB) went up by about 3%. Investors are happy with the bank’s business update for the March quarter (Q4FY23), which showed that the bank is likely to end FY23 on a good note. The bank’s loans grew by 19% year-on-year (y-o-y) to 9.74 trillion in the fourth quarter….
Today’s stock market: In early morning trading on the NSE, Manappuram Finance’s share price reached a new 52-week high of 133.40. Within a few minutes of Tuesday’s stock market opening bell, Manappuram Financial shares posted an intraday gain of more than 4%. The stock market opened today with an upside gap. Manappuram Financial shares are…
Today’s early morning deals saw a near 5% increase in gold prices, while domestic market silver prices today reached a 32-month high. Today’s opening bell at the commodity market saw the June 2023 gold futures contract on the MCX (Multi Commodity Exchange) start higher. Within a short period of time after the market began, it…
The most recent MLIV Pulse survey reveals that this year’s 20% rise in US technology stocks is distancing itself from reality ahead of what is anticipated to be a sombre reporting season. Despite the fact that investors have flocked to the technology sector despite the recent banking instability, analyst predictions for the sector’s quarterly profits…
Q1) What is Currency ? Currency is a medium of exchange that is accepted in transactions for goods and services. It serves as a unit of account, a store of value, and a medium for facilitating economic transactions. Throughout history, currency has taken various forms and has evolved over time in response to the needs…
MUMBAI: Despite a rise in crude oil prices, the benchmark indices Sensex and Nifty ended the day up for the third straight session on Monday. This was made possible by buying in shares of capital goods, banking, and auto companies.The 30-share BSE Sensex increased 114.92 points, or 0.19 percent, to conclude at 59,106.44 points. Eight…
