Nine of India’s ten most-valued companies collectively added Rs 1,00,850.96 crore to their market capitalisation last week, lifted by broadly positive sentiment in the equity markets. Reliance Industries and HDFC Bank led the gains, reflecting investor confidence.The benchmark BSE Sensex rose by 737.98 points, or 0.90%, during the week, helping major firms register healthy growth…
NEW DELHI: Market sentiment this week will be shaped by global trends, key inflation data, and foreign investor activity. Investors will also keep a close watch on monsoon progress and updates on international trade talks, according to market experts.“Going forward, market participants will focus on key macroeconomic data for further cues. High-frequency indicators such as…
Little Caesars, the world’s third-largest pizza chain by global presence, is set to enter India this month by opening its first outlet in the Delhi-NCR region, the company said on Friday. This will be the brand’s 30th global market.The Detroit-based brand, known for its ‘hot-n-ready’ pizzas and Crazy Bread, has partnered with Harnessing Harvest as…
The rupee appreciated by 11 paise to close at 85.68 against the US dollar on Friday, reversing early losses after the Reserve Bank of India (RBI) delivered a surprise 50 basis point repo rate cut and announced a phased 100 basis point reduction in the cash reserve ratio (CRR).The local unit opened weak at 85.91,…
NEW DELHI: Eid al-Adha, also known as Bakrid or Eid ul-Zuha, is expected to be celebrated in India on Friday, June 7, depending on the sighting of the crescent moon.The day is likely to be observed as a public holiday across most parts of the country. Schools, colleges, banks, and government offices are expected to…
NEW DELHI: The Indian bond market is gaining momentum due to lower inflation and expectations that the Reserve Bank of India will cut interest rates, according to a report by Jefferies.The report indicates favourable conditions for domestic bonds, particularly appealing to long-term investors amid evolving global financial conditions. India’s consumer price inflation has shown a…
India-US are in talks for trade deal (AI image) A successful bilateral trade agreement between India and the US could transform current challenges into economic opportunities by expanding market access and boosting exports, according to the Finance Ministry’s Monthly Economic Review released on Tuesday.The report comes amid ongoing negotiations between the two nations, with an…
Top stocks to buy today (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, CAMS (Computer Age Management Services) and Inox Wind are the top stocks to buy today:CAMS – Buy in the range between Rs 3980 & Rs 3990; Stop Loss: Rs 3838; Target:…
Experts say that the market outlook remains positive, with broader market participation anticipated due to supportive macro factors and earnings momentum. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Monday. While Nifty50 went above 25,000, BSE Sensex gained over 500 points. At 9:19 AM, Nifty50…
NEW DELHI: From combing regulations at the Centre and in the states to make it easier for companies to invest, tailoring packages, and making investment pitches to global corporations, govt is seeking to ensure that foreign direct investment (FDI) flows into the country remain strong.India saw FDI inflows increase by 13.6% to $81 billion, and…