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Rating agency Fitch has raised India's GDP estimates for the new financial year 2024-25 starting April 1, 2024. Fitch has increased India's economic growth forecast for the next financial year from 6.5 percent to 7 percent. The rating agency has decided to raise India's growth forecast for the current and …
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Recovery in Indian stock market after two days, Sensex closed up by 314 points
After the fall in the market, today's trading session i.e. Thursday, March 14, Wednesday brought relief for the investors of the Indian stock market. Strong buying was seen in IT, FMCG shares. Today, a strong rise was seen in Thursday's session. At the end of trading today, BSE Sensex crossed …
Read More »Reliance Industries will become partner in Paramount Global, will make a deal worth Rs 4300 crore
Reliance Industries: Reliance Industries is continuously signing new contracts. Now Mukesh Ambani's company Viacom is going to buy more than 13 percent stake of Paramount Global in 18 Media. Paramount Global has informed the market director in America about this deal. Mukesh Ambani's Reliance Industries has agreed to buy its …
Read More »Paytm gets new partner, relief to users, country's largest bank will get crores of new customers
Paytm UPI Business: Troubled fintech company Paytm has finally found its new partner before the March 15 deadline. Paytm's parent company One97 Communications has joined hands with the country's largest bank State Bank of India (SBI). RBI had imposed ban Till now, Paytm's UPI business was dependent on its subsidiary …
Read More »Gaps in stocks here, there, everywhere: Disappointing bearishness in small, mid-cap stocks
Mumbai: Amidst the preparations for the Lok Sabha elections, the unbridled rise in the shares of the last 10 years seemed to be breaking today. There is no 'guarantee' of a successful bounce, nor that it will last. Today, due to the strict measures taken by SEBI, Reserve Bank of …
Read More »Bitcoin surges to all-time high of $73,000 for the first time
Ahmedabad: The price of Bitcoin shows no signs of stopping. During trading on Wednesday, its price reached $ 73,000 (i.e. Rs 60,50,659) for the first time. In the last 24 hours of trading, the price of Bitcoin has reached $ 73,661. Inflation figures in America have been slightly higher than …
Read More »Sensex falls 906 points: Investors lose Rs. 13.47 lakh crore cleared
Ahmedabad: The Sensex today touched a gap of 73,000-73,000 due to heavy selling pressure from foreign investors due to stringent measures taken by market regulator SEBI, Reserve Bank and Enforcement Directorate (ED) to curb the rally in the stock market. Nifty declined. 22,000 level. After the fall in Sensex, investors' …
Read More »– Mid Cap Index down 1646 points: 6.69% from peak
2 hours ago Business Mumbai: Mid-cap stocks have seen limited decline so far compared to small-cap stocks. But after the fall in small cap stocks due to strict stance of SEBI, redemption pressure in mutual funds, now investors started pulling out investments in …
Read More »Small cap index falls by 2190 points: 14% difference from year's peak
1 hour ago Business Mumbai: The bear market that began in late February was higher today after capital markets regulator Sebi urged asset managers of small-cap funds of mutual funds to periodically disclose more risks associated with the funds to their investors. . …
Read More »Heavy slowdown in SME shares: Sector index fell further by 2929 points
Mumbai: The major gap was triggered by a statement by capital markets regulator Sebi chairperson to take action including new strict rules for SME IPOs, segments, disclosures due to manipulation of share prices by companies after listing of shares of SME IPOs. Shares of SME companies declined for the third …
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