Railway stocks spike amid reports of hike in allocation in budget
Amid the reports of hike in the budgetary allocation, the railway stocks surged on Thursday. This has increased investor sentiment, reversing the downward trend seen in recent months
Amid the reports of hike in the budgetary allocation, the railway stocks surged on Thursday. This has increased investor sentiment, reversing the downward trend seen in recent months
After the indictment by the US Securities and Exchange Commission (SEC), the rating agency Fitch has revised the outlook on four Adani group firms from “stable” to “negative”.
The country's largest IPO, Hyundai Motor India, has disappointed investors to date.
Sufficient food grain buffer stock and optimism for a healthy kharif harvest are likely to alleviate price pressures, a recent report by finance ministry said.
Nifty 50 surged by 0.35%, reaching a fresh record high of 26,032 points in trade before closing with a gain of 0.25% at 26,004 points. The Sensex reached a new all-time high of 85,247 points, rising by 0.34%.
At a BSE event in Mumbai on Wednesday, a stock broker raised a question to the minister on the amount of taxes levied by the government on stock market transactions and on buying a house.
The stock of South Indian Bank jumped more than 6 per cent on Friday after the RBI conveyed its approval…
Despite the Centre having imposed stock limit on wheat to control its price rise earlier this month, there has been a percentage increase in its prices in the last 10 days, which may make common man's meal costlier.
The rise in domestic stocks is related to both the global market recovery and sound domestic macroeconomic fundamentals.
Indian stock indices traded positively on Wednesday morning, tracking firm cues from overseas peers and indications that the US may avoid a recession. Sensex and Nifty were 0.2-0.3 per cent higher at the time of writing this report.
