This week witnessed a sharp correction in domestic bourses while the global peers followed. The abrupt fall coincided with the monthly expiry which acted as a double whammy leading to a sharp bruise in the highly run-up stock prices. In fact, it is the weaker bets that have moved out of the markets before the […]
Union Budget 2021, RBI monetary policy outcome, December quarter earnings and auto sales figures for the month of January will drive the market next week. Market is awaiting key reforms that could push growth and kickstart the capex cycle in the economy. The Union Budget 2021-22 would be presented on February 1. The Parliament session […]
On revenue mobilisation, one could expect the government to announce disinvestment roadmap and with a view to reduce litigation, the government may consider options such as mediation.
After a gap up opening, the BSE Sensex and BSE Nifty ended Friday’s volatile session more than 1% lower, dragged by heavy selling in IT and auto stocks. Maruti Suzuki, Bajaj Auto, Infosys, Bharti Airtel, and Bajaj Finserv, down between 5% and 2.5%, were the top losers. On the flipside, IndusInd Bank, Sun Pharma, HDFC […]
Benchmark equity indices BSE Sensex and NSE Nifty advanced nearly 18% since the last Union Budget 2020 despite uncertainties in the form of Covid-19 pandemic.
Authored by a team led by Chief Economic Adviser KV Subramanian, the survey details the state of different sectors of the economy as well as reforms that should be undertaken to accelerate growth.
Shares of Indian Railway Finance Corporation (IRFC) made a lacklustre debut at the bourses on Friday. The scrip closed at Rs 24.80 on the NSE, down 4.83%, against the issue price of Rs 26 per share. Earlier, the initial public offer (IPO) of the company got subscribed 3.49 times on the final day of bidding […]
Oberoi Realty Ltd has lost 6.06% over last one month compared to 0.47% gain in S&P BSE Realty Index index and 0.96% drop in the SENSEX
Key benchmark indices are trading firm in early trade on buying demand in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 449.90 points or 0.96% at 47,324.26. The Nifty 50 index was up 96.85 points or 0.7% at 13,914.40. The S&P BSE Mid-Cap index was up 1.26%. The S&P […]