Markets

RBI retains repo rate at 6.5%

As predicted by economists, the Reserve Bank of India's Monetary Policy Committee (MPC) did not change the repo rate from 6.50 per cent.

Dec 8, 2023

Markets expect profit booking at higher levels after poll results

Markets expect profit booking at higher levels after 2023 Assembly election results in 5 states which give thumbs up to BJP

Dec 7, 2023

Over 97% of Rs 2,000 banknotes have been returned: RBI

The total value of Rs 2,000 banknotes in circulation, has declined to Rs 9,760 crore at the close of business on November 30, 2023, the Reserve Bank of India (RBI) announced on Friday.

Dec 1, 2023

Markets await exit polls on Thursday

This week is likely to be volatile but a rally is likely soon. FIIs have already turned buyers. FII and DII money flows can trigger a large-cap led rally, says V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Nov 28, 2023

SEBI can't act against entities based only on news reports: CJI

Chief Justice D.Y. Chandrachud, has expressed concerns over the reliance placed by the petitioners in the Adani-Hindenburg case on certain media reports to level allegations against the Adani Group and India's regulatory system.

Nov 25, 2023

Sensex, Nifty remain flat on banking stocks' poor performance

At 11 am the Sensex was up 11.28 points or 0.02% at 66,029.09, while the Nifty was up 9.50 points or 0.05% at 19,811.50.

Nov 24, 2023

CRISIL upgrades IIFL Finance's outlook to 'Positive' from 'Stable'

Fairfax-backed IIFL Finance Limited, which is one of India's largest non-banking financial companies, said on Tuesday that leading rating agency CRISIL has upward revised its outlook to 'Positive' from 'Stable'.

Nov 22, 2023

Rupee fails to recover despite fall in US dollar; Rupee hovering at this value

The rupee failed to recover in morning trade on Tuesday despite a weak dollar and was hovering at the previous day's record low of 83.34 against the US greenback at 11.28 a.m.

Nov 21, 2023

India's gold imports soared to 31-month high in October on festive demand

India's gold imports for the month of October peaked at 123 metric tons, compared to 77 tons in the same period a year ago

Nov 20, 2023

Make In India reaping fruits as Amazon eyes $20 billion exports by 2025: Top official

Amazon has slashed the subscription fees for its global selling programme from $120 to $1 for the first three months for exporters signing up before March 31

Nov 17, 2023

Sensex rallies on lower US inflation data

The October US inflation at 3.2% is lower than expected.

Nov 15, 2023

All sectors in red barring PSU banks, realty as Sensex ends 325 points lower

Sensex ends 325 points lower on Monday to end almost at intra-day low. At close, Nifty was down 0.43 per cent or 84.2 points at 19441.4

Nov 13, 2023

Sensex crosses 65K mark in Muhurat trading

BSE Sensex began Samvat 2080 on a positive note with the index climbing 354 points beyond the 65,000 mark in the Muhurat trading session on Sunday.

Nov 13, 2023

FII Sell Figure In Sep At Rs 20,593 Crore

FPIs pulling out of stocks but stepping up investments in debt instruments

Foreign portfolio investors (FPIs) continue to pull out money from the Indian equity markets in November but have stepped up investment in debt instruments

Nov 12, 2023

Sensex, Nifty can deliver double digit returns in 2-3 years: Axis Securities

Indian equities Sensex, Nifty can readily deliver double-digit returns in the next two-three years with the support of double-digit earnings growth, says Pranav Haridasan, MD and CEO, Axis Securities.

Nov 11, 2023