Category: Market

January is normally a poor month for market

New Delhi, Dec 29 (SocialNews.XYZ) As 2023 draws to a close, the most significant feature of the year’s rally is…

11 months ago

RBI permits ICICI-Pru AMC and ICICI-Pru Life to acquire up to 9.95% stake in RBL Bank

New Delhi, Dec 28 (SocialNews.XYZ) The Reserve Bank of India (RBI) has given its approval to ICICI Prudential Asset Management…

11 months ago

Big 5 tech giants like Apple, Microsoft added $3.9 tn to their stock value this year: Report

New Delhi, Dec 28 (SocialNews.XYZ) The Big Five tech giants Apple, Microsoft, Alphabet, Amazon and Meta collectively added a whopping…

11 months ago

9 out of top 15 stocks traded on NSE belong to PSU category

Mumbai, Dec 28 (SocialNews.XYZ) Nifty ended on a record high for the fifth consecutive session on Thursday. At close, Nifty…

11 months ago

Oil & gas stocks shine as markets hit fresh highs

Mumbai, Dec 28 (SocialNews.XYZ) The benchmark index maintained its optimism and hit fresh highs owing to ease in Red Sea…

11 months ago

Centre extends customs duty exemption on tur, urad dal till March 2025

New Delhi, Dec 28 (SocialNews.XYZ) The central government has extended the customs duty exemption on tur and urad dal imports…

11 months ago

Oil and gas stocks gain led by HPCL

New Delhi, Dec 28 (SocialNews.XYZ) Oil and gas stocks are up in trade on Thursday led by HPCL which gained…

11 months ago

Market’s volatility index surges

New Delhi, Dec 28 (SocialNews.XYZ) VIX is now much above when Nifty plunged to sub 19000 levels in late October,…

11 months ago

912 cr merchant transactions on Paytm in Q2FY24; Delhi makes most payments from 12-6 a.m.

New Delhi, Dec 27 (SocialNews.XYZ) One97 Communications Limited (OCL), which owns Paytm, said on Wednesday that a whopping 912 crore…

11 months ago

Nifty, Sensex soar to record highs as global markets rally

Mumbai, Dec 27 (SocialNews.XYZ) The benchmark indices soared to record highs on Wednesday with the Sensex up almost 1 per…

11 months ago

Bulls back with a bang, Sensex tops 72K-mark for first time

Mumbai, Dec 27 (SocialNews.XYZ) With a massive rally of 701 points, Sensex soared to new highs by crossing the 72,000…

11 months ago

Correction in broader markets inevitable, say analysts

New Delhi, Dec 27 (SocialNews.XYZ) The resilience of the market even in the holiday season, which is normally devoid of…

11 months ago

2024 forecast to be a sector rotation period for Indian equities

Mumbai, Dec 26 (SocialNews.XYZ) Global markets are rallying in anticipation of aggressive US Fed rate cuts in 2024, and Indian…

11 months ago

PSU stock indices outperform in trade

New Delhi, Dec 26 (SocialNews.XYZ) PSU stocks are the top gainers in trade on Tuesday notching up gains of up…

11 months ago

Bulls are likely to wait for the New Year for further action

New Delhi, Dec 26 (SocialNews.XYZ) The global rally in December led by the US market has lifted most markets significantly,…

11 months ago

Adani Green Energy Ltd completes PPA with SECI for 8000-MW solar power

Mumbai, Dec 25 (SocialNews.XYZ) The Adani Green Energy Ltd (AGEL) has executed a power purchase agreement (PPA) with the Solar…

11 months ago

Markets to remain range bound

New Delhi, Dec 24 (SocialNews.XYZ) Markets were on a smooth course during the last week until a tsunami hit them…

11 months ago

Coal imports plunge 44% in current financial year

New Delhi, Dec 23 (SocialNews.XYZ) India’s coal imports for blending have decreased substantially by 44.28 per cent to 15.16 million…

11 months ago

Limited upside potential for Nifty in next 12 months due to rich valuations

New Delhi, Dec 23 (SocialNews.XYZ) The Nifty 50 index is now trading at 23x FY24 and 20x FY25 consensus EPS,…

11 months ago

FPIs big buyers in financial services

New Delhi, Dec 23 (SocialNews.XYZ) FPI inflows, which were negative in the previous three months, have sharply turned positive in…

11 months ago



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