The market has already started the pre-election rally for May 2024 from mid-November, and now this rally will get pace after the outcome of state elections, she said.
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Debuted at Rs 1,200, within minutes jumped 180% to high of Rs 1,400
Joins the ranks of US, China, Japan and Hong Kong where markets valued in excess of $4 trn
The 30-share BSE Sensex climbed 305.44 points to 66,479.64 in early trade after beginning the day on a positive note.
The 30-share BSE Sensex climbed 305.44 points to 66,479.64 in early trade after beginning the day on a positive note. The Nifty went up by 103 points to 19,992.70.
The RBI has acted in tandem with the government to maintain price stability.
Honasa Consumer defied the overall slowdown in packaged consumer goods industry to report a strong, 21% jump in its revenue and a 53% jump in its profit from operations, leading to analyst upgrade.
According to forex traders, the local currency tumbled mainly on account of foreign fund outflows and the negative trends in the equities market.
In another development, the Reserve Bank of India has asked Bajaj Finance, a non-banking finance company, to stop offering loans under two digital lending products.
Shares of Railtel Corporation of India surged 9% to close at Rs 270 apiece while Ircon International gained over 8% to close at Rs 167 a piece.
A sharp decline in the company’s second quarter performance has prompted several analysts to revisit their estimates for the company’s full-year earnings.
The "bedrocks of democracy are weakening across the globe", the Stockholm-based International Institute for Democracy and Electoral Assistance (International IDEA) said.
The decision has been well-received by the industry experts, who believe this move will provide Indian companies more flexibility and access to overseas funds.
If you have a regular income, your habit of saving money first can help you create a monthly surplus.
Explainer: Sensex loses 3,200 points in 6 days, investors poorer by Rs 18 lakh crore: What's ailing the market?
Investors in BSE-listed stocks have collectively become poorer by around Rs 3 lakh crore today, and by Rs 17.8 lakh crore in the last six trading days
The opposition party has been questioning the financial dealings of Gautam Adani's Group after US research firm Hindenburg alleged "irregularities" and charged it with stock price manipulation.
Initial trends from corporate India’s second quarter results have not been very encouraging and have prompted analysts to trim their estimates for companies’ profit during the current financial year.
In the Nifty 50 pack, HDFC Life, NTPC, Cipla, Apollo Hospital, ICICI Bank, and Bharti Airtel were the major laggards.
Falling for the fourth starting session, local benchmark indices- BSE Sensex and NSE Nifty – closed with a cut of about 1.3% each on Monday.