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Sensex slumps 600 points

Sensex slumps 600 points

12-04-2024  comments

New Delhi (IANS) The Sensex fell more than 600 points on Friday, as heavyweight stocks sold off. It is trading at 74,370 points down by 668 points.

Sensex constituents which are dragging the benchmark include Sun Pharma down 3.5 per cent.

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Hyundai unveils new Grand i10 NIOS edition at Rs 6.93 lakh in India

Hyundai unveils new Grand i10 NIOS edition at Rs 6.93 lakh in India

11-04-2024  comments

New Delhi (IANS) Automaker Hyundai Motor on Thursday launched the corporate edition of the 'Grand i10 NIOS' at an introductory price of Rs 6,93,200 in India.

The new vehicle comes available in seven colours -- Atlas White, Typhoon Silver,…

realme's power-packed P Series set to disrupt mid-range market with powerful performance

realme's power-packed P Series set to disrupt mid-range market with powerful performance

10-04-2024  comments

New Delhi (IANS) The smartphone market in India is expected to witness an annual growth rate of 7.25 per cent from 2024 to 2028.

This surge in demand can be attributed to the country's vast population and their sensitivity towards price.…

Robust economic growth will keep market resilient, say analysts

Robust economic growth will keep market resilient, say analysts

10-04-2024  comments

New Delhi (IANS) Robust economic growth, decent corporate earnings, macroeconomic stability, expectations of political stability after elections, sustained capital flows, and retail investor enthusiasm will keep the market resilient despite rich valuations,…

Sectors like capital goods, auto lead Sensex to new high

Sectors like capital goods, auto lead Sensex to new high

09-04-2024  comments

New Delhi (IANS) An important feature of the recent rally in India is that it is led by fundamentally strong sectors like capital goods, automobiles, banking and metals, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

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At $24.5 billion, India witnesses resurgence in deals in Q1: Report

At $24.5 billion, India witnesses resurgence in deals in Q1: Report

08-04-2024  comments

New Delhi (IANS) With 469 deals worth $24.5 billion, the first quarter of this year saw an unprecedented surge in dealmaking in the country (both in volume and value terms), a report showed on Monday.

The resurgence was driven by factors like…

Gold price continues to rise amid growing geopolitical tensions

Gold price continues to rise amid growing geopolitical tensions

08-04-2024  comments

New Delhi (IANS) Gold rose on the Multi Commodity Exchange (MCX) on Monday as prices of the precious metal shot up to a record high in the international market amid rising geopolitical tensions in Central Asia.

Gold futures, maturing on June…

Results season to kick in, could be next trigger for markets

Results season to kick in, could be next trigger for markets

07-04-2024  comments

New Delhi (IANS) The week gone by consisted of five trading sessions and markets gained on three of the five sessions.

On Friday, markets were up a tad with BSESENSEX up a mere 21 points while NIFTY was down 1 point. BSESENSEX gained 596.87…

Tata Motors stock up 204 pc in last 36 months

Tata Motors stock up 204 pc in last 36 months

06-04-2024  comments

New Delhi (IANS) On the back of a strong performance across its key business segments, Tata Motors stock has significantly outperformed key indices with 204 per cent return in the last 36 months versus 50 per cent return in the Nifty, Motilal Oswal…

EV sales in India to grow 66 pc this year riding on consumer interest, govt initiatives

EV sales in India to grow 66 pc this year riding on consumer interest, govt initiatives

05-04-2024  comments

New Delhi (IANS) Driven by rising consumer interest, government initiatives and infrastructure development, India’s EV sales nearly doubled in 2023 and are likely to grow 66 per cent this year, a report showed on Friday.

Overall, India’s passenger…

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