Stock Market
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Karnataka govt invites startups to provide tech solutions
Bengaluru: The Karnataka government on Wednesday invited startups to provide tech products and solutions for the government departments. “In tune with its policy to create innovation and collaboration opportunities for startups, the…
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Market momentum pushes Sensex above 67K
New Delhi: The market momentum which pushed the Nifty up by 6 per cent in November is likely to be sustained since the incoming data and news are positive, says V.K. Vijayakumar,…
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Markets await exit polls on Thursday
New Delhi: 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…
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BSE 500 companies revenues flat but profits zoom
New Delhi: The 2QFY24 results of BSE-500 Index companies showed further weakness in revenues (0.7 per cent yoy decline ex-BFSI), even as earnings growth remained robust (47 per cent yoy), Kotak Institutional…
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Markets decline in early trade amid foreign fund outflows
Mumbai: Equity benchmark indices fell in early trade on Monday, extending their previous day’s decline, amid fresh foreign fund outflows. The 30-share BSE Sensex declined 97.18 points to 65,697.55 after a muted…
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Market expected to maintain positive momentum
New Delhi: Market is expected to maintain its positive momentum in the short term, supported by declining oil prices and moderating US yields, says Vinod Nair, Head of Research at Geojit Financial…
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Banks, NBFC stocks fall as RBI moves to curb risk in consumer lending
New Delhi: Banks and NBFC stocks are down sharply in trade on Friday after the Reserve Bank of India’s (RBI) action raised the risk weightage on unsecured loans. RBL Bank is down…
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Mutual fund holdings beyond top 500 stocks spike to 2018 highs
New Delhi: Mutual fund holdings beyond the top 500 stocks as percentage of market volumes of the top 500 stocks have now started surpassing 2018 highs, a report said. The curve had…
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Sensex scales 66K mark with 400-point jump
New Delhi: BSE Sensex crossed the 66,000 mark on Thursday as the index moved up 400 points. BSE Sensex is trading above 66,000 points, NTPC leads the gains up by 2 percent,…
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Sensex rallies on lower US inflation data
New Delhi: The October US inflation data is a gamechanger for the stock market. The 3.2 per cent October inflation print is lower than expected. More importantly, the mere 0.2 per cent…
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FPIs pulling out of stocks but stepping up investments in debt instruments
Mumbai: Foreign portfolio investors (FPIs) continue to pull out money from the Indian equity markets in November but have stepped up investment in debt instruments resulting in a net inflow of foreign…
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Stock markets fall in early trade on unabated foreign fund outflows
Mumbai: Benchmark equity indices declined in early trade on Friday due to weak trends in global stock markets and unabated foreign fund outflows. The 30-share BSE Sensex fell 251.25 points to 64,580.95, extending…
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Analysts predict big rally to take Nifty beyond 23K by next Samvat
New Delhi: The market is likely to witness a major rally before the next Samvat, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. Once there is some clarity on the…
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Market mayhem: Investors’ wealth plunges Rs 7.59 lakh crore
New Delhi: Investors’ wealth eroded by Rs 7.59 lakh crore on Monday as the equity market took a heavy drubbing amid escalating tensions in the Middle East. The 30-share BSE Sensex plunged…
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Here’s why Adani shares are falling today; Adani Green Energy drops over 4%
New Delhi: Shares of Adani group stocks fell on Thursday after a report from investigative reporting platform OCCRP alleged hundreds of millions of dollars were invested in publicly traded group stocks through…