Oil and gas stocks gain led by HPCL
New Delhi, Dec 28 - Oil and gas stocks are up in trade on Thursday led by HPCL which gained more than 6 per cent.
Market’s volatility index surges
New Delhi, Dec 28 - VIX is now much above when Nifty plunged to sub 19000 levels in late October, warning that the volatility expectations are significantly higher now said Anand James, Chief Market Strategist at Geojit Financial Services.
912 cr merchant transactions on Paytm in Q2FY24; Delhi makes most payments from 12-6 a.m.
New Delhi, Dec 27 - One97 Communications Limited (OCL), which owns Paytm, said on Wednesday that a whopping 912 crore merchant payments were made using the leading financial and payments provider in the second quarter (Q2) of FY24.
Nifty, Sensex soar to record highs as global markets rally
Mumbai, Dec 27 - The benchmark indices soared to record highs on Wednesday with the Sensex up almost 1 per cent, or 701 points, at 72,038.43, and Nifty hitting a new high of 21,654.75, registering an increase of 1 per sent or 213
Bulls back with a bang, Sensex tops 72K-mark for first time
Mumbai, Dec 27 - With a massive rally of 701 points, Sensex soared to new highs by crossing the 72,000 points mark for the first time on Wednesday.
Correction in broader markets inevitable, say analysts
New Delhi, Dec 27 - The resilience of the market even in the holiday season, which is normally devoid of much action, is an indication of its underlying bullishness, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
PSU stock indices outperform in trade
New Delhi, Dec 26 - PSU stocks are the top gainers in trade on Tuesday notching up gains of up to 11 per cent.
Bulls are likely to wait for the New Year for further action
New Delhi, Dec 26 - The global rally in December led by the US market has lifted most markets significantly, and India was fortunate to have the lift from the state election results too, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial
Adani Green Energy Ltd completes PPA with SECI for 8000-MW solar power
Mumbai, Dec 25 - The Adani Green Energy Ltd (AGEL) has executed a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) 1,799-MW solar power for a period of 25 years, an official said on Monday.
FPIs big buyers in financial services
New Delhi, Dec 23 - FPI inflows, which were negative in the previous three months, have sharply turned positive in December, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
DIIs invested $ 20.2 bn in 2023
New Delhi, Dec 23 - While DII flows have been robust for the past few years, rising global interest rates have kept FPI flows under check, as per Quantum Mutual Fund.
Polycab India shares plunge as taxmen raid company
Mumbai, Dec 22 - Polycab India shares plunged by close to 5 per cent on Friday amid reports of the Income Tax Department carrying out raids at 50 premises of the company nationwide.
Centre releases additional Rs 72,961 crore from tax kitty to states
New Delhi, Dec 22 - The Central government has authorised the release of an additional installment of tax devolution amounting to Rs 72,961.21 crore to strengthen the hands of state governments for financing various social welfare measures and infrastructure development schemes, the Finance
‘Allowing LIC time period of 10 years is a welcome step’
New Delhi, Dec 22 - Founder MMJC & Associates Makarand M Joshi on Friday said that the decision of allowing LIC time period of 10 years to achieve minimum public shareholding is a welcome step looking at the current situation of the global
Global credit rating agencies must be transparent, fair to developing nations: CEA
New Delhi, Dec 22 - Credit rating agencies such as Fitch, Moody’s and S&P, need to reform their sovereign rating process which is heavily loaded against developing countries like India resulting in additional funding costs running into billions of dollars, the government’s Chief
NHAI awards projects worth Rs 9,384cr to successful bidders
New Delhi, Dec 18 - NHAI has awarded Toll, Operate and Transfer (TOT) projects of a combined length of 273 km for Rs 9,384 crores to successful bidders, Ministry of Road Transport and Highways said on Monday.
FIIs turn big buyers with Rs 20,000 cr of stocks in two weeks
New Delhi, Dec 18 - FIIs, who have made a 'U' turn in their strategy, have turned big buyers having invested around Rs 20,000 crore, including bulk purchase, in the last two weeks, says V K Vijayakumar, Chief Investment Strategist at Geojit Financial
FPIs bought heavily in banking, IT stocks
New Delhi, Dec 16 - Chief Investment Strategist at Geojit Financial Services V K Vijayakumar on Saturday said that a major development in December has been that FPIs have heavily bought stocks in banking and IT segments.
Market value of BSE listed companies surges Rs 8.55L cr for the week
Mumbai, Dec 15 - The Nifty rose for the seventh week in a row to close at fresh all-time high of 21,457 on Friday, while the Sensex galloped nearly 1,000 points to settle at 71,483, said Devarsh Vakil, Deputy Head of Retail Research
Nifty surged 3% in past two days
Mumbai, Dec 15 - Nifty has surged 3 per cent in the last two days and one can expect this optimism to continue next week on the back of a liquidity driven rally, Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial