DATE : 23/12/2024

Technically speaking, if Nifty holds 23,700,there is a possibility of further recovery. However, the VIX has experienced a sharp decline

  The monthly options data indicates that the 23,800-24,000 zone is likely to be the next hurdle for the Nifty 50, with crucial support at 23,500. The Nifty 50 had a sigh of relief on December 23, making a strong start to the week, led by short-covering and some value buying after falling nearly 5…

The RBI bulletin predicts that India’s growth trajectory will improve in H2FY25 due to resilient domestic private consumption

  Reserve Bank of India in its monthly bulletin said that India’s growth trajectory is poised to lift in the second half of 2024-25, driven mainly by resilient domestic private consumption demand. “India’s growth trajectory is poised to lift in the second half of 2024-25, driven mainly by resilient domestic private consumption demand. Supported by…

The government has made a commitment to improving quality spending and reducing the fiscal deficit to 4.5% in FY26.

    The government will continue its focus on improving quality spending, strengthening the social security net and to bring down the fiscal deficit to 4.5% of the GDP in FY26, a finance ministry document said. Finance Minister Nirmala Sitharaman is scheduled to present the Budget for 2025-26 in Parliament on February 1. The Union…