Sensex projected to rise 18 pc by end of 2025: Morgan Stanley
In its latest note, the US-headquartered investment bank sees 18 per cent base case upside for the BSE Sensex by the December end.
In its latest note, the US-headquartered investment bank sees 18 per cent base case upside for the BSE Sensex by the December end.
The market capitalization (market cap) of HDFC Bank topped the Rs 14 trillion mark for the first-time ever on Thursday.
A workshop was organised to explore the transformative role of digital technologies with focus on enhancing financial literacy, protecting investors, and fostering sustainable growth in the capital markets.
The penalty was imposed for the 'erroneous freezing' of the demat accounts of two Mumbai residents who were 'erroneously' classified as promoters.
Things were rolling along fine for the markets until the FED meeting. Thursday, saw US markets fall as thoughts of an impending recession hit the markets overseas.
The Sensex is trading at 37,204.95 up by 59.50 points or 0.16 per cent from its Monday's close at 37,145.45.
The decline was led by automobile companies, however, FMCG and pharma stocks gained. At 9.19 a.m., the Sensex traded 175.19 points lower at 36,806.58, from its Friday's close of 36,981.77.
At 9.43 a.m., the benchmark Sensex traded 191.93 points higher at 36,836.35 while the Nifty edged up by 47.55 points at 10,895.45.
The benchmark Sensex opened at 36,575.24 from its Tuesday's close of 36,562.91. At 10.01 a.m., the Sensex was up 34.25 points or 0.09 per cent at 36,597.16.
The IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) weakened to 51.4 in August, its lowest mark since May 2018, from 52.5 in July.