With the Sensex surpassing 85,000 for the first time, economists said on Tuesday that the Indian Indices can even reach the historic 1-lakh mark this year itself, given the robust bull run, strong investors' sentiment and sound fundamentals. Domestic equities crossed another milestone with Sensex crossing above 85,000 and Nifty crossing 26,000, reflecting robust buying … Read more
Vraj Iron & Steel is currently trading at Rs. 286.70, up by 4.50 points or 1.59% from its previous closing of Rs. 282.20 on the BSE. The scrip opened at Rs. 282.95 and has touched a high and low of Rs. 294.05 and Rs. 279.75 respectively. So far 10824 shares were traded on the counter. … Read more
Gautam Adani, Chairman of the Adani Group, has held a high-level meeting with Eric Martel, CEO of Bombardier, and deliberated on “transformative partnerships” in the aviation sector. In a post on social media platform X, on Wednesday, Gautam Adani informed that they will aim to harness synergies for a stronger, self-reliant India. “Powering India's … Read more
Driven by strong GDP growth and positive investor sentiment, India is poised to remain among the world's fastest growing economies until 2030, global brokerage Goldman Sachs has said. The country’s earnings have started to stablise over the past few years, with “mid-teen profit growth momentum that might sustain until 2030,” Goldman Sachs said in a … Read more
Indian equity markets were trading flat on Wednesday following mixed global cues. At 9:55 a.m., Sensex was up 21 points or 0.02 per cent at 84,935 and Nifty was down 4 points or 0.02 per cent at 25,934. In the early trade, market trend remained positive. On the National Stock Exchange (NSE) 1,170 shares were … Read more
Man Infraconstruction is currently trading at Rs. 193.95, up by 4.50 points or 2.38% from its previous closing of Rs. 189.45 on the BSE. The scrip opened at Rs. 188.05 and has touched a high and low of Rs. 200.75 and Rs. 188.05 respectively. So far 34452 shares were traded on the counter. The BSE … Read more
Cyient is currently trading at Rs. 1997.45, up by 7.40 points or 0.37% from its previous closing of Rs. 1990.05 on the BSE. The scrip opened at Rs. 1987.50 and has touched a high and low of Rs. 2010.00 and Rs. 1985.00 respectively. So far 1039 shares were traded on the counter. The BSE group … Read more
The organised gold loans by banks and non-banking financial companies (NBFCs) are set to exceed Rs 10 lakh crore in the current fiscal, with a projection to reach Rs 15 lakh crore by March 2027, a report showed on Wednesday. Rating agency ICRA said that banks remain dominant driven by their gold jewellery-backed agriculture loans. … Read more
The Asian Development Bank (ADB) has retained India's Gross domestic product (GDP) growth forecast for the current fiscal (FY25) at 7 per cent and said that the economy is expected to accelerate in the coming quarters on improved farm output, and higher Government spending. It said exports in the current fiscal will be higher than … Read more
The global market for AI-related hardware and software is likely to reach between $780 billion and $990 billion by 2027, growing between 40 per cent and 55 per cent annually, according to a report on Wednesday. Larger data centres could drive costs to between $10 billion and $25 billion in five years, as per research … Read more