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Source: Live Mint Indian stock market: After a massive correction in the last one month, Indian benchmark indices showed signs of a rebound. Both Sensex and Nifty 50 extended gains to the second straight session on Monday, November 25 on the back of the BJP-led NDA’s landslide victory in the state elections in Maharashtra. In…
Source: Live Mint The current week brought a new wave of challenges stemming from both international and domestic political conflicts. The Russia-Ukraine conflict intensified after U.S. Democrats approved the use of American arms against Russian territory, potentially in response to Moscow’s decision to deploy North Korean soldiers to the Ukrainian frontlines. This move appears to…
Source: Live Mint The Indian stock market snapped its two-week losing streak on a high note, offering relief after weeks of correction. Yet, this came after navigating a highly volatile week marked by geopolitical tensions and renewed concerns surrounding the latest bribery and fraud charges against the Adani group. In the last week of November,…
Source: Live Mint India’s capital markets regulator is looking into whether the Adani group violated rules mandating the disclosure of market-moving information, according to people with knowledge of the matter. The Securities and Exchange Board of India has asked officials at the stock exchanges if Adani Green Energy Ltd failed to properly disclose the US…
Source: Live Mint Top News Record Investments in SIPs Indian investors achieved a significant milestone in October, contributing a record ₹25,322.74 crore to Systematic Investment Plans (SIPs). The total number of SIP accounts also crossed 10.12 crore, demonstrating sustained growth in systematic and disciplined investment methods. IPO Market Updates The IPO market continued to perform…
Source: Live Mint Bonus shares 2024: Kitex Garments on Friday, November 22 announced that its board has approved a bonus share issue in the ratio of 2:1. It means the company is offering two new fully paid equity shares for every existing share held by the shareholders. The company plans to finalise and announce the…
Source: Live Mint As many as 163 stocks, including HCL Tech, Persistent Systems, Indian Hotels and Federal Bank, hit their fresh 52-week highs in intraday trade on BSE on Friday, November 22, as the Indian stock market witnessed broad-based buying, driving the benchmark indices—the Sensex and the Nifty 50—up by over 2 per cent each….
Source: Live Mint India’s July-September quarter (Q2FY25) gross domestic product (GDP) prints are expected to show moderation due to excess rainfall, weak corporate earnings and subdued rural and urban consumption. The Q2 GDP numbers will be out on Friday, November 29. Growth losing steam? According to Rahul Bajoria, Head of India and ASEAN Economic Research…
Source: Live Mint Stock market today: Domestic equity benchmarks Sensex and Nifty 50 posted their best session since early June on Friday, November 22, snapping a two-week losing streak. Easing worries about credit risks from exposure to Adani Group stocks lifted heavyweight financials. Market heavyweights Reliance Industries, Infosys, and Tata Consultancy Services (TCS) also lifted…
Source: Live Mint Market experts believe that while the Russia-Ukraine war will disrupt short-term trends in the markets, it is not expected to lead to a market crash. Currently, India is in a challenging position, caught between foreign institutional investors (FIIs) selling and geopolitical tensions, compounded by disappointing quarterly earnings. The Russia-Ukraine war has intensified,…
