Sensex has declined by 2,412.73 points or 3.07 percent, while the Nifty has lost 694 points or 2.92 percent, since February 4. Sensex, Nifty remained volatile in trade on February 12 after five consecutive days of decline, ultimately ending flat amid mixed cues. Benchmark indices Sensex and Nifty witnessed sharp intraday volatility on Wednesday, reversing…
Sensex Nifty Today: It was widely anticipated that the RBI will deliver a rate cut and, hence, the market has not reacted much to the rate cut, said an analyst. Benchmark indices Sensex and Nifty were flat in Friday’s trade, with ITC Ltd, Reliance Industries Ltd and a few rate sensitive banking and financial names…
India’s Finance Minister Nirmala Sitharaman will present the Union Budget on February 1, 2025, a day keenly awaited by taxpayers across the country. Many tune in specifically for the segment on income tax, eager to see if any changes are announced to provide relief for the common man. This year, speculation revolves around…
India’s largest IT services player Tata Consultancy Services (TCS) saw its net profit for the third quarter of the fiscal year 2024-25 at Rs 12,380 crore, up 11.9 per cent compared to Rs 11,058 crore in the same quarter of FY24. Revenue for the company grew 5.6 per cent to Rs 63,973 crore in Q3 FY25.…
Equity mutual funds (MFs) capped a strong 2024 with near-record inflows in December. With net inflows of Rs 41,156 crore in December, the 2024 tally surged to Rs 3.9 trillion, up 144 per cent compared to 2023. The December tally, which was only slightly short of the record-high inflows of Rs 41,887 crore achieved…
Budget 2025 holds the potential to bring much-needed relief to the economy, addressing both long-term growth and immediate concerns like inflation. As the Union Budget 2025 approaches, anticipation is building across India. With a slowing GDP and rising inflation, all eyes are on Finance Minister Nirmala Sitharaman to deliver bold strategies that will…
Equity indices Sensex and Nifty drop nearly 1% as investors sell bank and IT stocks before earnings season Benchmark stock market indices saw a volatile session as Sensex, Nifty ended the week falling nearly 1% on Friday. The major laggards that pulled the market down were shares in the IT, banking, financials and…
Buying interest in select heavyweights such as Infosys Ltd, Mahindra & Mahindra (M&M), Bajaj Finance, Maruti Suzuki India, Kotak Mahindra Bank, Reliance Industries Ltd and Bajaj Finserv lifted the indices higher. Domestic equity benchmarks rose sharply in afternoon deals on Thursday, extending their gains for the second consecutive session of calendar year 2025. The surge…
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…