An analyst said investors should remain invested instead of rushing to book profits as the Nifty has reclaimed the 24,000 mark. The benchmark indices Sensex and Nifty opened with strong gains on Monday amid optimism over a US-Iran peace deal, but gave up a part of their gains due to profit booking during the…
This comes after ICICI Pru AMC, Nippon India MF and HDFC AMC made these announcements. Moneycontrol has also exclusively reported that Kotak AMC and ABSL AMC are also in the process of announcing the same. Two more major fund houses, Axis Mutual Fund and Tata Mutual Fund, have announced temporary restrictions on fresh subscriptions in…
Tata Projects will execute construction work for three luxury residential developments by Godrej Properties along Gurugram’s Golf Course Road Godrej Properties Limited (GPL) has partnered with Tata Projects on three of its luxury projects in Gurugram, with a combined contract value of around ₹1,100 crore. Tata Projects is the engineering and construction arm…
These eight sectors expanded by 1 per cent in the same month last year. The pace of expansion was 1.2 per cent in March Production growth in eight core infrastructure sectors rose 1.7 per cent in April, driven by higher output of steel, cement and electricity, according to government data released on Wednesday. These…
The agreement, concluded in December, will see New Zealand eliminate duties on all Indian exports, while India will reduce tariffs on 95 per cent of imports from the South Pacific nation India and New Zealand on Monday signed a free-trade agreement (FTA) that significantly lowers tariffs on goods, expands market access, and eases entry for…
Pakistan moved ahead Monday with preparations for a new round of talks between the United States and Iran days before a tenuous ceasefire is set to expire, even as renewed conflict around the Strait of Hormuz raised questions about whether the meeting would take place. Over the weekend, the US attacked and seized an…
Larsen & Toubro (L&T) share price Share price of Larsen & Toubro (L&T) rose 2 per cent to ₹4,149.55 on the BSE in Thursday’s intra-day trade, extending its Wednesday’s 3 per cent rally on easing geopolitical tensions. With past two days’ up move, the stock price of the civil construction major has bounced…
The buying on the counters came after the Delhi government proposed a 100 per cent exemption on road tax and registration fees for electric cars priced up to ₹30 lakh JBM Auto, Olectra Greentech, and Atul Auto shares spiked up to 18.9 per cent in trade on BSE after the Delhi government released a draft…
The high-stakes engagement between US and Iran in Pakistan ended after marathon discussions that stretched 21 hours, with both sides blaming each other for the breakdown. Table Of Contents Why did the Islamabad talks fail? What were the point of contention between US and Iran? What did US say after Islamabad talks failed? Iran…
Investors continue to show strong commitment to systematic investing despite the stock market selloff last month. Equity mutual funds also saw significant buying, particularly in flexi-cap and small-cap categories. Systematic Investment Plan (SIP) flows jumped to a record high in March, while equity mutual funds also witnessed healthy demand, according to monthly data released by…