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Source: Live Mint Budget 2025: Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget for FY26 on February 1, 2025. Preparing the Union Budget is a delicate balancing act for the government, as it must navigate the challenging task of maintaining fiscal discipline while addressing the aspirations of millions of citizens and businesses…
Source: Live Mint The recent market correction has meant a reduction in the price-earnings premium of India over other emerging markets from around 20% levels to ~13-14%. The near- term trend of greater investor flows towards developed markets will keep the India premium in check, believes Suresh Soni, CEO, Baroda BNP Paribas MF. This notwithstanding…
Source: Live Mint Stocks lit a spark of optimism for investors in the New Year as the benchmark indices roared back, even as experts keep their fingers crossed on whether the rally has legs. The Nifty and Sensex closed 1.9% and 1.8% higher at 24,188.65 and 79,943.71 respectively, on a day that saw relatively lower…
Source: Live Mint Foreign fund inflows into Indian financial markets are expected to remain robust, supported by the nation’s adept management of inflation without hindering economic growth, stated Mark Mobius, Chairman of the Mobius Emerging Opportunities Fund, during an investor webinar organized by PL Capital Group – Prabhudas Lilladher. Mobius highlighted that India continues to…
Source: Live Mint The Reserve Bank of India’s (RBI) on December 6 kept the benchmark repo rate unchanged at 6.5% for the eleventh straight meeting, and maintained the monetary policy stance ‘Neutral’. The six-member Monetary Policy Committee (MPC) led by RBI Governor Shaktikanta Das decided to remain unambiguously focused on a durable alignment of inflation…
Source: Live Mint Stock Market Today: Indian equity markets ended flat with a negative bias on Friday, December 6, with the Nifty 50 and Sensex showing little movement after a series of key announcements by the Reserve Bank of India (RBI) in its MPC meeting today. The RBI MPC pulled off a balancing act today…
Source: Live Mint Manufacturing activity has slowed amid worries that India’s consumption story is fizzling out. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) fell to 56.5 in November from 57.5 in October. A reading above 50 indicates expansion. A key highlight of the November PMI survey was that Indian goods producers increased…
Source: Live Mint Indian equities are expected to remain resilient to global macroeconomic challenges such as a stronger US dollar, shallower easing in emerging markets, and potential US tariff hikes on China, according to Goldman Sachs’ latest report. Despite this external immunity, domestic economic growth has been cyclically slowing. Goldman Sachs projects India’s GDP growth…
Source: Business Standard Stock Market Today, October 14, 2024: Indian equity indices, including Nifty50 and BSE Sensex, are expected to begin the day on a positive note, buoyed by mixed signals. At 6:41 AM, GIFT Nifty Futures indicated a modest increase of 53 points, reaching 25,102 levels, suggesting a positive start for the…
Source: Business Standard Stock Market Today, October 14, 2024: Indian equity indices, including Nifty50 and BSE Sensex, are expected to begin the day on a positive note, buoyed by mixed signals. At 6:41 AM, GIFT Nifty Futures indicated a modest increase of 53 points, reaching 25,102 levels, suggesting a positive start for the…
