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Mumbai, Dec 4 (VOICE) The domestic benchmark equity indices closed in green on Wednesday as buying was seen in PSU bank and realty sectors. The investors are keenly watching the Reserve Bank of India's (RBI) monetary policy committee (MPC) meeting which will announce its decision around the repo rate on Friday.Banking stocks rose amid volatile sessions in the market due to the possibility of Cash Reserve Ratio (CRR) cut by the central bank. Sensex settled at 80,956.3, higher by 110.58 points, or ...Read More >
Mumbai, December 4: The domestic benchmark equity indices closed in green on Wednesday as buying was seen in PSU bank and realty sectors. The investors are keenly watching the Reserve Bank of India's (RBI) monetary policy committee (MPC) meeting which will announce its decision around the repo rate on Friday. Banking stocks rose amid volatile sessions in the market due to the possibility of Cash Reserve Ratio (CRR) cut by the central bank. Sensex settled at 80,956.3, higher by 110.58 points, or ...Read More >
Mumbai: Benchmark Sensex advanced 110 points Wednesday, extending its gains to the fourth day in a row helped by buying in HDFC Bank, ICICI Bank and fresh foreign fund inflows. The 30-share barometer rose by 110.58 points or 0.14 per cent to settle at 80,956.33. During the day, it jumped 399.64 points or 0.49 per cent to 81,245.39. The NSE Nifty rose marginally by 10.30 points or 0.04 per cent to 24,467.45. From the 30-share Sensex pack, HDFC Bank, Bajaj Finserv, NTPC, Titan, Tata Consultancy ...Read More >
Mumbai, Dec 3 (UNI) Extending rally for the third straight session on Tuesday, the BSE Sensex spurted 597.67 points at 80,845.75 on strong global cues. The National Stock Exchange (NSE) rose 181.10 points at 24,457.15. The Sensex opened high at 80,529.20, rising 281 points. During the day it zoomed 701 points to 80,949.10, the day's high, before closing at 80,845.75, advancing 597.67 pts from its previous close. Meanwhile, it fell 4 points at 80,244.78, days low. The Nifty registered days hi ...Read More >
Mumbai: The Indian benchmark equity indices, Sensex and Nifty closed in the green on Tuesday as heavy buying was seen in PSU Bank and media sectors at the end of trading. At closing, Adani Ports emerged as the top gainer in the BSE's benchmark, settling at Rs 1,288.80 after surging by Rs 73.20 or 6.02 per cent. Sensex ended at 80,845.75, higher by 597.67 points, or 0.74 per cent, while the Nifty 50 ended at 24,457.15, up by 181.10 points, or 0.75 per cent. PL Capital's Head, Advisory, Vikram ...Read More >
Benchmark indices Sensex and Nifty rallied for the third straight session on Tuesday (December 3, 2024) amid buying in blue-chip stocks like HDFC Bank, Reliance Industries and firm trends in global markets. The BSE benchmark Sensex jumped 597.67 points or 0.74% to settle at 80,845.75. During the day, it surged 701.02 points or 0.87% to 80,949.10. The NSE Nifty went up by 181.10 points or 0.75% to 24,457.15. From the 30-share Sensex pack, Adani Ports surged nearly 6%. NTPC, Axis Bank, State Ba ...Read More >
The GoM on GST has proposed raising taxes on sin goods like cigarettes, tobacco, and aerated beverages to 35% from the current 28%, impacting stocks like ITC and Godfrey Phillips. (Read more below) The Group of Ministers (GoM) on Goods and Services Tax (GST) rate rationalization has proposed significant changes to tax rates, sparking debates and market reactions. Among the headline recommendations is a steep tax hike for sin goods like aerated beverages, cigarettes, and tobacco products, raisin ...Read More >
Adani Ports, Adani Enterprises, Shriram Finance, UltraTech Cement, and Cipla were the top gainers on the Nifty. Benchmark indices Nifty and Sensex extended morning gains driven by strength in public sector banks ahead of the RBI MPC meet outcome on Friday. Heavyweight stocks like HDFC Bank and Reliance Industries also contributed to the rally on December 3. Broader markets also showed strength with mid- and small-cap indices rising 0.7 percent each. At noon, the Sensex was up 538.04 points or ...Read More >
Mumbai, November 29: The Indian stock market opened in green on Friday as buying was seen in the Media and Pharma sector in early trade. At around 09.44 a.m., the Sensex was trading at 79,369.57 after gaining 325.83 points or 0.41 per cent, while the Nifty was trading at 24,019 after rising 104.85 points or 0.44 per cent. The market trend remained positive. On the National Stock Exchange (NSE), 1345 stocks were trading in the green, while 876 stocks were in the red. Nifty Bank was up 224.45 poi ...Read More >
Among other things, Varunny's new invention replaces the step-by-step acceleration of traditional automatic gear systems, offering continuous, smooth acceleration and eliminating the risk of engine overload. The mechanical engineer intends to continue on the path of innovation Age has once again bowed in defeat before K.U. Varunny. At 90, the mechanical engineer has secured his 17th patent (No. 552032), further cementing his legacy of innovation. With each new achievement, Mr. Varunny proves th ...Read More >
In a relief to car leasing companies, Madras High Court on Thursday stayed DGGI (Directorate General of GST Intelligence)'s show-cause notices (SCNs) to these companies. The companies were denied input tax credit (ITC) to the tune of around ₹3,000 crore. "There shall be an order of interim stay till the next date of hearing," said Justice Mohammed Shaffiq. The Bench also issued notice to the tax department. Multiple SCNs were issued by DGGI to car leasing companies denying ITC to the tune of ₹ ...Read More >
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