New Delhi, Dec 19 (SocialNews.XYZ) The market is likely to move into a consolidation phase as the Christmas holidays and the New Year approach, says V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services….
New York, Dec 18 (SocialNews.XYZ) Shares of Ebix Inc. plummeted 54.6 per cent towards a 17-year low in premarket trading on Monday, after the Georgia-based provider of on-demand software for the insurance, financial services, travel…
New Delhi, Dec 18 (SocialNews.XYZ) Net direct tax collections for the financial year 2023-24 have jumped by 20.66 per cent to Rs 13,70,388 crore, compared to Rs 11,35,754 crore in the corresponding period of 2022-23,…
Mumbai, Dec 18 (SocialNews.XYZ) Domestic equities traded lackluster on Monday as profit booking was seen after a sharp rally over the last three sessions, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial…
New Delhi, Dec 18 (SocialNews.XYZ) NHAI has awarded Toll, Operate and Transfer (TOT) projects of a combined length of 273 km for Rs 9,384 crores to successful bidders, Ministry of Road Transport and Highways said…
New Delhi, Dec 18 (SocialNews.XYZ) Sugar production in the country declined by 10.7 per cent to 7.4 million metric tonnes during the current season so far (till Dec 15) as several mills in Maharashtra and…
Mumbai, Dec 18 (SocialNews.XYZ) Ambuja Cements plans to invest Rs 6,000 crore in renewable power projects, the company said on Monday. The investment will be funded internally and will aim to set up a capacity…
New Delhi, Dec 18 (SocialNews.XYZ) The proposed modification in the surrender value (or charges) of non-linked life insurance policies in the recently released the ‘Exposure Draft Product Regulations 2023’ by Insurance Regulator IRDAI has stirred…
New Delhi, Dec 18 (SocialNews.XYZ) The current implied domestic valuations of pharma companies do not adequately factor in threats from any acceleration in the pace of adoption of unbranded and trade generics in India, as…
New Delhi, Dec 18 (SocialNews.XYZ) FIIs, who have made a ‘U’ turn in their strategy, have turned big buyers having invested around Rs 20,000 crore, including bulk purchase, in the last two weeks, says V…
New Delhi, Dec 17 (SocialNews.XYZ) Markets in the week gone by opened on a quiet note and then took a cue from the US markets and just shot through the roof. They were up sharply…
New Delhi, Dec 17 (SocialNews.XYZ) Geojit Financial Services Head of Research Vinod Nair has said a near-term consolidation in the market is expected due to elevated valuations, concerns over El Nino, and a slowdown in…
New Delhi, Dec 17 (SocialNews.XYZ) India has been a big foreign exchange earner from IT and IT services. Our leading companies were earlier targeted as body shopping outfits and many thought that they would wind…
New Delhi, Dec 16 (SocialNews.XYZ) The Adani Group’s market cap is now Rs 14.4 lakh crore and is on course to touch Rs 15 lakh crore (nearly $180 billion). On December 1, the market capitalisation…
London, Dec 16 (SocialNews.XYZ) Global coal demand is likely to have peaked this year, and could drop by about 2 per cent over the next three years as China brings more renewable energy sources online,…
New Delhi, Dec 16 (SocialNews.XYZ) The Production Linked Incentive (PLI) Scheme, launched by the Narendra Modi government in March 2020, has turned out to be a game changer in giving a big push to India’s…
New Delhi, Dec 16 (SocialNews.XYZ) Chief Investment Strategist at Geojit Financial Services V K Vijayakumar on Saturday said that a major development in December has been that FPIs have heavily bought stocks in banking and…
Mumbai, Dec 15 (SocialNews.XYZ) The Nifty rose for the seventh week in a row to close at fresh all-time high of 21,457 on Friday, while the Sensex galloped nearly 1,000 points to settle at 71,483,…
Mumbai, Dec 15 (SocialNews.XYZ) Nifty has surged 3 per cent in the last two days and one can expect this optimism to continue next week on the back of a liquidity driven rally, Siddhartha Khemka,…
Mumbai, Dec 15 (SocialNews.XYZ) The Bank Nifty bulls are maintaining their robust momentum, pushing the index beyond the 48,000-level, Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities, said on Friday. The overall market…