Market update

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NFO alert: ICICI Prudential Rural Opportunities Fund floated; check details

The fund will be available for investment from January 9, 2025, to January 25, 2025. It aims to primarily invest in sectors that support and thrive on the growth of rural India.

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December, 28 2024 11:48 AM

Retail focus shifts to mutual funds as cash market turnover wanes

Stock market turnover shows signs of revival as retail investors shift focus to mutual funds over direct stock investments.

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December, 28 2024 11:48 AM

NFO alert: ICICI Prudential Rural Opportunities Fund floated; check details

The fund will be available for investment from January 9, 2025, to January 25, 2025. It aims to primarily invest in sectors that support and thrive on the growth of rural India.

Read more

December, 28 2024 10:30 AM

F&O Talk | Nifty indicates bearish momentum, Bank Nifty still a ‘wait and watch’: Sudeep Shah of SBI Securities

The Nifty closed slightly higher on Friday, with muted trading volume. Support levels are at 23,550 and 23,200, while resistance lies at 24,000. The index is currently below its key moving averages, indicating bearish momentum.

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December, 28 2024 10:30 AM

Retail focus shifts to mutual funds as cash market turnover wanes

Stock market turnover shows signs of revival as retail investors shift focus to mutual funds over direct stock investments.

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December, 28 2024 10:30 AM

Year-ender 2024: Key insights and takeaways for stock market investors

In 2024, global markets were shaped by central bank policies, especially the U.S. Federal Reserve’s rate cut. Indian market trends saw FIIs as net sellers and DIIs as strong supporters. Notable sector performances included surging Realty, Pharma, and Consumer Durables alongside declines in Media. Midcap and Smallcap stocks outperformed large-cap indices.

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December, 28 2024 07:30 AM

New Year Picks 2025: 9 Quality Stocks with up to 31% upside potential by Axis Securities

We continue to believe in the long-term growth story of the Indian equity market. However, with current valuations offering limited scope for further expansion, an increase in corporate earnings wi…

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December, 28 2024 07:30 AM

India’s CAD likely to exceed 2 pc of GDP in Q3 FY25 amid gold import surge: Report

India’s Current Account Deficit (CAD) is projected to exceed 2 per cent of GDP in Q3 FY25 due to rising gold imports. Despite this, resilient services exports and remittance inflows should keep the overall CAD within 1.2-1.5 per cent of GDP for FY25.

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December, 28 2024 07:30 AM

Mortgage financiers turn to affordable housing in hunt for higher yields, growth

The affordable housing loan market in India is estimated to be ₹13 trillion, with Housing Finance Companies (HFCs) constituting ₹6.9 trillion and banks having a share of ₹6.2 trillion

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December, 28 2024 04:30 AM

Remittances via payment vehicles plunge as KYC norms get tougher

Intra-country remittances have decreased by nearly 25-30% in November and December. This follows new RBI guidelines that require banks to keep detailed records of recipients. Payment firms are struggling with the changes. The domestic remittances industry is expected to stabilize in another quarter. Delhi, Mumbai, Indore, Rajasthan, and Gujarat are major sources of remittances.

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December, 28 2024 04:30 AM

IndiQube DRHP: A Look At The Shareholding Pattern & Key Leaders

Anshuman Das, one of the promoters of IndiQube, is the largest shareholder with a 25.15% stake in the company on a fully diluted basis

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December, 28 2024 04:30 AM

Buy, Sell Or Hold: Tata Steel, NTPC, Sula Vineyards, Waaree Energies — Ask Profit

Market analysts share insights for short-term and long-term investors on whether to buy, sell or hold shares of Waaree Energies, NTPC, Aarti Industries, Samvardhana Motherson among others.

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December, 28 2024 01:30 AM

Focus on capacity enhancement of IAF as China unveils two’6th Gen’ fighter jets

India’s air force faces hurdles due to delays from major defense suppliers, hindering the replacement of MiG 21 jets and the delivery of Russian S400 systems. Supply chain disruptions and slow progress in indigenous defense programs exacerbate the issue, while China advances its ‘Sixth Generation’ fighter jets.

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December, 28 2024 01:30 AM

Remittances via payment vehicles plunge as KYC norms get tougher

Intra-country remittances have decreased by nearly 25-30% in November and December. This follows new RBI guidelines that require banks to keep detailed records of recipients. Payment firms are struggling with the changes. The domestic remittances industry is expected to stabilize in another quarter. Delhi, Mumbai, Indore, Rajasthan, and Gujarat are major sources of remittances.

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December, 28 2024 01:30 AM

CAD surprises with a moderate deficit

India’s current account deficit slightly decreased to 1.2% of GDP in Q2 FY2025 from 1.3% a year ago, supported by higher services income and remittances, amidst a rising trade deficit. The primary income account net outgo decreased, while foreign exchange reserves hit new highs.

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December, 27 2024 22:30 PM

Late PM Manmohan Singh’s reforms yielding benefits to date, ushered in modern India, say economists

Economists praise former PM Manmohan Singh for transformative reforms in 1991, shaping India’s modern economy.

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December, 27 2024 22:30 PM

Buy, Sell Or Hold: Tata Steel, NTPC, Sula Vineyards, Waaree Energies — Ask Profit

Market analysts share insights for short-term and long-term investors on whether to buy, sell or hold shares of Waaree Energies, NTPC, Aarti Industries, Samvardhana Motherson among others.

Read more

December, 27 2024 22:30 PM

CAD surprises with a moderate deficit

India’s current account deficit slightly decreased to 1.2% of GDP in Q2 FY2025 from 1.3% a year ago, supported by higher services income and remittances, amidst a rising trade deficit. The primary income account net outgo decreased, while foreign exchange reserves hit new highs.

Read more

December, 27 2024 19:30 PM

Late PM Manmohan Singh’s reforms yielding benefits to date, ushered in modern India, say economists

Economists praise former PM Manmohan Singh for transformative reforms in 1991, shaping India’s modern economy.

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December, 27 2024 19:30 PM

Buy, Sell Or Hold: Tata Steel, NTPC, Sula Vineyards, Waaree Energies — Ask Profit

Market analysts share insights for short-term and long-term investors on whether to buy, sell or hold shares of Waaree Energies, NTPC, Aarti Industries, Samvardhana Motherson among others.

Read more

December, 27 2024 19:30 PM

GRSE, Cochin Shipyard shares jumped up to 9%; should you play defensive ahead of Budget?

“The defence is highly focussed but the upside is very limited. We need to watch the Q3 earnings which will start from January 15, 2025. The entire defence sector will get rerated for higher levels post Q3 results,” a market expert told Business Today.

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December, 27 2024 16:30 PM

ET Market Watch: Nifty & Sensex close higher, pharma, auto stocks lead gains

On Friday, Indian benchmark indices had a volatile session, but despite some ups and downs, they managed to close slightly higher. The S&P BSE Sensex settled at 78,699, marking an increase of 226.6 points, which is a rise of 0.29%. The broader Nifty 50 index followed suit, closing at 23,813.40, up by 63.20 points or […]

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December, 27 2024 16:30 PM

US Stocks To Open Lower As Index Future Decline: Analysts Remain Upbeat About Santa Rally – Apple (NASDAQ:AAPL), Evaxion Biotech (NASDAQ:EVAX)

U.S. stock futures tumbled on Friday in premarket hours after a mixed Thursday. All four index futures slipped in trade.

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December, 27 2024 16:30 PM

Share Market Ends In Green, Sensex Settles At 78,699

Nifty Bank ended at 51,311.30, up by 140.60 points, or 0.27 per cent.

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December, 27 2024 13:30 PM

ET Market Watch: Nifty & Sensex close higher, pharma, auto stocks lead gains

On Friday, Indian benchmark indices had a volatile session, but despite some ups and downs, they managed to close slightly higher. The S&P BSE Sensex settled at 78,699, marking an increase of 226.6 points, which is a rise of 0.29%. The broader Nifty 50 index followed suit, closing at 23,813.40, up by 63.20 points or […]

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December, 27 2024 13:30 PM
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