Mumbai, Jan 3 (SocialNews.XYZ) Muted monthly and quarterly business updates from corporates have dented market sentiments generally, Deepak Jasani, Head of Retail Research at HDFC Securities, said on Wednesday. Nifty closed lower for the second…
Mumbai, Jan 3 (SocialNews.XYZ) Domestic equities continued to witness profit booking on the back of weak global cues and a fall in India’s PMI manufacturing to an 18-month low at 54.9 for December, Siddhartha Khemka,…
Mumbai, Jan 3 (SocialNews.XYZ) In some areas, valuations seem stretched, as seen in the surge of micro-cap stocks and the enthusiasm for new issues, including in the SME sector, Jaykrishna Gandhi, Head of Business Development,…
New Delhi, Jan 3 (SocialNews.XYZ) The value of investments by Private Equity – Venture Capital (PE-VC) firms in India fell by 38 per cent to less than $30 Billion in 2023. PE-VC firms invested $29.7…
New Delhi, Jan 3 (SocialNews.XYZ) The IPO pipeline for 2024 continues to remain strong. 27 companies proposing to raise Rs 28,500 crore are presently holding SEBI approval while another 36 companies looking to raise about…
New Delhi, Jan 3 (SocialNews.XYZ) A total of 57 Indian corporates raised Rs 49,434 crore through main board IPOs in 2023, 17 per cent lower than the Rs 59,302 crore mobilized by 40 IPOs in…
Washington, Jan 2 (SocialNews.XYZ) The US and the global economy may face major challenges in 2024 though they have proved to be surprisingly resilient in the past year. However, the strains of wars, still-elevated inflation…
New Delhi, Jan 2 (SocialNews.XYZ) Shares of VST Industries ended at the upper circuit of 20 per cent on Tuesday after investor Radha Kishan Damani and three mutual funds acquired shares in bulk deals from…
New Delhi, Jan 2 (SocialNews.XYZ) Despite a promising start to the festive season, most sectors, excluding jewellery and travel, seem to have hit the snooze button, as per a report released by HDFC Securities. Several…
New Delhi, Jan 2 (SocialNews.XYZ) Nifty fell for the second consecutive session on Tuesday. At close, Nifty was down 0.35 per cent or 76.1 points at 21,665.8, while Sensex was down 379.46 points at 71,892.48….
New Delhi, Jan 2 (SocialNews.XYZ) Domestic equities had a muted handover from its Asian peers after China released mixed manufacturing data on Tuesday. At close on Tuesday, Sensex was down 379.46 points at 71,892.48, while…
New Delhi, Jan 2 (SocialNews.XYZ) A bearish candle has emerged on the daily Nifty chart, indicating a potential bearish trend in the near future. The sentiment is expected to stay bearish as long as it…
New Delhi, Jan 2 (SocialNews.XYZ) Vodafone Idea on Tuesday denied reports that it is in talks with Tesla and SpaceX CEO Elon Musk for managing its affordable satellite-based Internet service Starlink in India. In an…
New Delhi, Jan 2 (SocialNews.XYZ) In passenger vehicles, despite a strong growth of 15 per cent YoY for UVs, overall PVs remained flat in December YoY due to sluggishness in the entry level segment, says…
New Delhi, Jan 2 (SocialNews.XYZ) The government has raised the windfall tax on crude oil and reduced the tax on diesel and aviation turbine fuel. The government has hiked the windfall tax on petroleum crude…
New Delhi, Jan 2 (SocialNews.XYZ) Telecommunication Engineering Centre (TEC) — the technical arm of the Department of Telecommunications (DoT) — has brought 37 more products under the Simplified Certification scheme (SCS) with effect from January…
New Delhi, Jan 2 (SocialNews.XYZ) Equity benchmarks sank on Tuesday with selling emerging at higher levels. BSE Sensex was down 559 points at 71,712 as heavyweight stocks came under selling pressure. Ultratech Cement was down…
London, Jan 1 (SocialNews.XYZ) The world’s five largest listed oil companies are expected to reward their investors with record payouts of more than $100 million for 2023 against a backdrop of growing public outrage at…
Mumbai, Jan 1 (SocialNews.XYZ) Nifty came off its life highs and ended the first day of 2024 with little change from Friday’s close, said Deepak Jasani, Head Retail Research at HDFC Securities. A late sell-off…
New Delhi, Jan 1 (SocialNews.XYZ) FMCG and IT stocks were firm in afternoon trade on Monday, pushing the Sensex into the green. After being in the red during morning trade, Sensex was up 173 points…