Markets

Sensex snaps 3-day losing streak on rebound in FMCG and Pvt Bank shares

Sensex trades flat amid weak global cues, with 69 points up

Nifty midcap 100 index was up 291 points or 0.49 per cent at 59,330 and Nifty smallcap 100 index was up 88 points or 0.46 per cent at 19,405.

Sep 11, 2024

Power demand in India declines for 1st time in 15 months, hydro gains steam

Peak power demand in India is estimated to have declined to 217 GW in the month of August compared with 238 GW a year earlier which was the second-highest level recorded in fiscal 2024, a report showed on Tuesday.

Sep 10, 2024

Sensex snaps 3-day losing streak on rebound in FMCG and Pvt Bank shares

Indian equity indices closed higher on Monday, snapping its three-day losing streak following a rally in FMCG and private bank stocks.

Sep 9, 2024

India's Beauty Market Set to Outpace Global Giants

India is on track to become a global powerhouse in the beauty and personal care market, surpassing other major markets such as China, the US, Japan, and South Korea. A report by online beauty and fashion marketplace Nykaa predicts a growth rate of 10-11% by 2028, taking the market value to $34 billion, a significant leap from the current $20 billion.

Sep 6, 2024

1st consignment of Indian pomegranates reaches Melbourne from Mumbai

First consignment of Indian pomegranates reaches Melbourne from Mumbai

The first consignment of Indian pomegranates from Mumbai to Melbourne in Australia has been successfully facilitated, the Agricultural and Processed Food Products Export Development Authority (APEDA) informed on Thursday.

Sep 5, 2024

Sensex closes 151 points down, Reliance and Tata Motors top losers

Indian frontline equity indices closed in the red on Thursday due to heavyweights like Reliance, Tata Motors and Nestle losing the most in the Sensex.

Sep 5, 2024

IPO-bound Swiggy clocks Rs 2,350 crore net loss in FY24

Zomato's rival Swiggy, set for its initial public offering (IPO) posted Rs 2,350 crore in net loss in the last fiscal year (FY24).

Sep 5, 2024

Sensex closes flat, ICICI Bank and Bajaj Finserv top gainers

Indian equity indices closed flat on Tuesday amid mixed global signals and the absence of significant new catalysts.

Sep 3, 2024

Sensex closes above 82,500 points for first time ever

Indian equity indices closed at a record high on Monday following a positive sentiment in the market.

Sep 2, 2024

Sensex opens at all-time high on positive global cues

Indian equity frontline indices opened at an all-time high on Monday following a rally in the US market.

Sep 2, 2024

Over 200 pc surge in property registrations among Mumbai's elderly post-Covid

Over 200 pc surge in property registrations among Mumbai's elderly people in post-Covid period

The share of overall property registrations by buyers of aged 61 and above surged 204 per cent in Mumbai, increasing from 7,554 in 2020 to 15,276 in 2024, as elderly buyers sought better properties for a stable lifestyle.

Aug 30, 2024

India's tyre exports bounce back in April-June quarter

India's tyre exports have bounced back in the first quarter (April-June) of the current financial year with a 17 per cent jump to Rs 6,219 crore, according to a statement issued by the Automotive Tyre Manufacturers Association (ATMA).

Aug 30, 2024

Nifty likely to reach 26,820 in next 12 months, following good monsoon conditions: Report

Nifty is likely to meet a 12-month target of 26,820, revised higher from earlier target of 26,398, market analysts said on Friday, amid high expectations for a festival season revival, supported by favourable monsoon conditions, and a strong infrastructure spending push by the government.

Aug 30, 2024

Sensex, Nifty end flat as markets turn to consolidation phase

Sensex up 221 points in opening session, records new all-time high

At the beginning of the trading session, Sensex and Nifty made a new all-time high of 82,637 and 25,249 respectively.

Aug 30, 2024

CoinSwitch Takes Legal Action Against WazirX Over Stuck Funds

CoinSwitch, a leading cryptocurrency exchange, has initiated legal proceedings against its rival platform, WazirX. The lawsuit is an attempt to recover funds that have been stuck on the WazirX platform, which is run by Nischal Shetty.

Aug 30, 2024