Stock market

Budget 2024: Gold Shines With Import Duty Cuts, Middle Class Rejoices With Tax Relief

23 Jul 2024

Finance Minister Nirmala Sitharaman, in her Union Budget 2024 speech on Tuesday, announced significant cuts in import duties on gold and silver. This move is aimed at enhancing domestic value addition in gold and precious metal jewelry. Key Announcements Gold and Silver Import Duty Cut The import duties on gold...

Stock Market Tumble After Growth Forecast By Economic Survey

22 Jul 2024

On Monday, benchmark stock market indices displayed significant volatility following the release of the Economic Survey, which presented a conservative economic growth forecast for the financial year 2024-25. This led to selling pressure and marginal dips by the end of the trading session. The NSE Nifty 50 index closed down...

Zomato’s Deepinder Goyal Becomes Billionaire After Blinkit’s Growth Boosts Zomato Shares

15 Jul 2024

Zomato’s co-founder and CEO Deepinder Goyal has become a billionaire after Zomato shares surged over 300% since last year, reaching a current market cap of ₹1.8 lakh crore, Moneycontrol reported. Goyal, 41, is now India’s richest professional manager with his net worth surpassing ₹8,300 crore. Who is Deepinder Goyal and...

Stock Market Opens At Record High: Sensex Rises 300 Points, Nifty Tops 24,300

04 Jul 2024

The S&P BSE 30 share index had a strong opening at around 80,300 today (July 4). The Sensex had briefly surpassed this mark in the previous session on July 3. This marks the shortest span of about 138 sessions for the Sensex to cross this milestone, driven by supportive global...

Stock Market Today: BSE Sensex Tops 80,000; Nifty50 Hits New Lifetime High

03 Jul 2024

In a notable surge, the BSE Sensex and Nifty50, India's key equity benchmark indices, reached historic highs during today's trading session. The 30-share Sensex surpassed the monumental 80,000 mark for the first time, while the Nifty50 also set a new peak at 24,292. As of 9:22 AM, the BSE Sensex...

Budget 2024: Stock Market Behavior Pre And Post Budgets Since 2000

01 Jul 2024

Before the Union Budget announcement this year, anticipated to be presented by Finance Minister Nirmala Sitharaman this month, an analysis of market trends reveals that investors typically decrease their investments one week prior to the budget and resume investing one week after Budget day. This market behavior has been observed...

BSE Sensex Starts Strong: Up 200 Points, Nifty 50 Above 23,550 in Today’s Market

25 Jun 2024

Today, the Indian stock market saw a positive opening as both the BSE Sensex and Nifty50 began in the green on Tuesday. The BSE Sensex surged by 200 points, reaching above 77,500, while the Nifty50 climbed past the 23,550 mark. As of 9:21 AM, the Sensex was trading at 77,523.37,...

Stock Market Begins Its Day With Green, Bank Nifty Stands Tall

25 Jun 2024

The domestic Stock market started its day with green on Tuesday, with Sensex opening standing at 77507.32, which was up by 166.24 points. While Nifty opened at 41.55 points, which was up by 23579.40. Nifty companies also displayed 44 posted advances and 5 posted declines. Bank Nifty has acquired over...

June 17 Bank Holiday: Closure for Bakra-Eid Across India; Check Affected Services

15 Jun 2024

According to the Reserve Bank of India's holiday calendar for 2024, most commercial banks, including both public and private sectors, will be closed on Monday, June 17, for Bakrid (Eid al-Adha). However, online banking services such as net banking, mobile banking, and UPI will remain operational. The closure will impact...

Stock Market Update: Nifty Outlook, Cabinet Insights, And Top Stock Recommendations For Tuesday

11 Jun 2024

The Indian stock market closed lower on Monday, influenced by weak global cues triggered by hotter-than-expected US job data. Here are the key highlights from today's trading session: Market Performance: The Nifty 50 index edged lower by 30 points to close at 23,259, while the BSE Sensex shed 203 points,...

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