[ad_1] Indian markets resumed their upward trajectory on Friday, rebounding from the heightened volatility triggered by the Union Budget 2024’s capital gains tax hike and an STT increase on derivatives. Despite less favorable global cues and foreign portfolio investors pulling out of Indian equities following the budget announcement, the indices staged a notable recovery. In…
[ad_1] Larsen and Toubro: L&T reported a 12% YoY increase in its consolidated net profit, reaching â‚ą2,786 crore for Q1 ending June 30, 2024. Despite the geopolitical situation, the company achieved steady growth across all financial parameters in Q1 FY 2024-25. The company secured orders totaling â‚ą70,936 crore at the group level in the first…
[ad_1] While investors have been increasing their equity holdings over the past few months, driving the S&P BSE Sensex and Nifty 50 to record highs, it is silver that has delivered the best return in the first half of 2024 (H1-CY24), with gains exceeding 30 percent during this period. Data shows that over 20-year and…
[ad_1] Indian stock market indices Sensex and Nifty 50 have corrected nearly 2% from their record high levels amid profit booking and concerns over high valuations. While the Union Budget 2024 had mixed overall impact, the stock market is likely to discount the budget and shift its focus to corporate earnings growth. The Budget 2024…
[ad_1] The Indian stock market indices are likely to open higher on Tuesday ahead of the presentation of Union Budget 2024 in the parliament today. The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 24,550 level, a premium of nearly 30 points from…
[ad_1] Finance Minister Nirmala Sitharaman is all set to present the Union Budget for 2024-25 on Monday, July 23. The Union Budget has been a key trendsetter for the Indian stock market, with the announcement being associated with market volatility. According to data available from the last ten years, the Indian market closed in a…
[ad_1] The government informed Parliament on Monday that the Securities and Exchange Board of India (Sebi) received representations over the market fall on June 4—the day the Lok Sabha election results were announced. However, the market regulator has no specific information on any ‘unfair trading’ that took place in the stock market on that day,…
[ad_1] Mumbai: Profit-booking ahead of key corporate earnings and the budget next week dragged down benchmark indices the most in a month-and-a-half on Friday. Fear gauge India Vix rose to the highest level in over a month. The Nifty fell 1.09% to 24,530.9 while the Sensex pulled back from the 81,000 mark 0.9% to 80,604.65….
[ad_1] Despite a sharp sell-off seen across sectors on Friday as investors became cautious ahead of the Union Budget (2024-2025), Indian markets managed to end this week on a positive note, marking their seventh consecutive week of gains. The Nifty 50 closed today’s session down by 1.10% at 24,530 points, although it reached a new…
[ad_1] Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open on a cautious note Friday tracking losses in global markets. Asian markets traded lower, while the US stock market ended sharply in the red overnight dragged by losses in tech stocks. On Thursday, the Indian stock market benchmark…
