The Indian equity indices witnessed a sharp rally last week as Sensex and Nifty both made new all-time highs of 85,978.25 and 26,277.35 respectively. Now, the market outlook for next week looks very positive, experts said. The outlook for the market will be guided by movements in commodity prices, the US dollar index and key … Read more
Pluckk, a first-of-its-kind digital lifestyle-oriented fresh food brand, announces the acquisition of Upnourish, one of India’s fastest-growing nutrition brands. The deal, valued at $1.4 million, marks a significant milestone for both companies, now enabling the growth of a new vertical focused on nutrition. Founded in 2021 by Aayushi and Kuonal Lakhapati, Upnourish, a venture by … Read more
The FIIs as per Monday's data were net buyers in both equity and debt segments, according to data released by the NSDL. In equity segment, the gross buying was of Rs 28827.61 crore against gross selling of Rs 28463.45 crore. Thus, FIIs stood as net buyers of Rs 364.16 crore in equities. In the debt … Read more
Union Commerce Minister Piyush Goyal on Sunday said that the production-linked incentive (PLI) scheme has been a great success in terms of attracting investments and increasing exports, as actual investment is likely to reach Rs 2 lakh crore in the next year with 12 lakh jobs. Engaging with the CEOs of over 140 PLI beneficiary … Read more
Welspun Enterprises is currently trading at Rs. 571.00, up by 14.35 points or 2.58% from its previous closing of Rs. 556.65 on the BSE. The scrip opened at Rs. 588.70 and has touched a high and low of Rs. 590.00 and Rs. 571.00 respectively. So far 7705 shares were traded on the counter. The BSE … Read more
Bajel Projects is currently trading at Rs. 271.30, up by 16.90 points or 6.64% from its previous closing of Rs. 254.40 on the BSE. The scrip opened at Rs. 262.65 and has touched a high and low of Rs. 276.75 and Rs. 261.60 respectively. So far 31586 shares were traded on the counter. The BSE … Read more
Persistent Systems is currently trading at Rs. 5474.50, up by 37.80 points or 0.70% from its previous closing of Rs. 5436.70 on the BSE. The scrip opened at Rs. 5438.95 and has touched a high and low of Rs. 5489.70 and Rs. 5394.60 respectively. So far 1837 shares were traded on the counter. The BSE … Read more
In order to meet the growing energy demands of the country, Crisil Ratings has said that India’s oil marketing companies (OMCs) are expected to add 35-40 million tonnes (MT) of crude oil refining capacity by the end of the fiscal 2029-30. This will take the total installed capacity of the country for crude refining capacity … Read more
Indian equity indices opened in the red on Monday following negative cues from global equity markets. At 9:40 a.m. Sensex was down 551 points or 0.64 per cent at 85,019 and Nifty was down 163 points or 0.63 per cent at 26,015. In the BSE benchmark, Tata Steel, JSW Steel, Titan, Asian Paints, HUL, HCL … Read more
There has been a significant uptick in rural private consumption in India, thanks to the Pradhan Mantri Jan Dhan Yojana (PMJDY), which has helped millions open bank accounts seamlessly and join the mainstream. There has been a definitive surge in household consumption in tier 2, 3 and 4 cities and even beyond, as evident in … Read more