Analysts said bullish sentiment remained intact so long as the Nifty stays above the key support level of 24,500. Market participants are now keenly awaiting the Reserve Bank of India’s monetary policy decision due Friday. The domestic equity benchmarks rebounded on Wednesday after three straight sessions of losses, supported by firm global cues and strong…
– Nippon India, DSP, and SAMCO introduce new fund offers – Funds aim for tax-efficient returns and exposure to resilient sectors – Investors targeted include those seeking alternatives to traditional investments Baroda BNP Paribas Large & Mid Cap Fund has allocated a significant portion of its portfolio to sectors such as Financial, Services, Technology,…
Adani Group shares came under pressure on reports of a US probe into alleged Iranian LPG imports in violation of sanctions Shares of Adani Group faced renewed pressure on reports that US prosecutors are probing Billionaire Gautam Adani’s conglomerate for violating sanctions by importing liquefied petroleum gas from Iran. The flagship firm Adani Enterprises fell as…
BSE was among the most active counters (in terms of value) today as around 1.10 crore shares worth Rs 2,964.46 crore changed hands on National Stock Exchange (NSE). Shares of BSE Ltd continued their upward move for the third straight session on Monday, rising 2.28 per cent to hit an all-time high of Rs 2,735.20. The…
The report noted that commercial banks’ credit growth slowed to 9.8 per cent as of May 16, 2025, against last year’s growth of 19.5 per cent. RBI’s rate-setting panel Monetary Policy Committee (MPC) will start deliberations on the next bi-monthly monetary policy on June 4 and announce the decision on June 6 The Reserve Bank…
Defence mutual funds have emerged as the hottest theme on BSE and NSE, delivering up to 60% returns in just three months. Backed by record defence exports, strong government orders, and rising geopolitical tensions, investors’ interests have soared. With strong government backing and escalating geopolitical tensions, India’s defence sector has emerged as a standout…
Analysts said the Nifty continues to trade within a narrow band and a decisive move beyond the 24,700–24,800 zone is likely to set the tone for the next directional move. Sensex, Nifty closed lower in a range-bound trade on Friday. The equity benchmarks ended lower on Friday in a range-bound trade, weighed down by losses…
Nominal GDP surged by 9.8% over the previous year, reaching ₹330.68 lakh crore, while real GDP at constant prices touched ₹187.97 lakh crore. The fourth quarter alone saw nominal GDP jump 10.8% to ₹88.18 lakh crore. India’s economy clocked a 6.5% growth in real GDP for FY 2024-25, according to provisional estimates released by…
Among important changes, SEBI has enhanced the Index Options position limit to Rs 10,000 crore from the earlier proposed limit of Rs 1,500 crore while net end-of-the-day limit has been enhanced to Rs 1,500 crore from the earlier proposed Rs 500 crore. Also, intra-day limits have been removed. The new Net end of day limit…
Backed by rising volumes, cost efficiencies, and PLI support, Bajaj Auto is narrowing losses that once weighed heavily on its EV portfolio. Bajaj Auto’s electric scooter, Chetak, led the electric two-wheeler segment in the January–March quarter of FY25. Following the roaring success of Chetak, Bajaj Auto is nearing EBITDA break-even for the electric scooter…