Gurcharan Das, Author & Commentator & Former CEO, P&G India and Siddhartha Sanyal, Chief Economist, Bandhan Bank, in conversation with ET Now on decoding the growth engines of India. Das says there is a need for an industrial revolution if India has to be a developed nation by 2047. Manufacturing still has failed us. It … Read more
Equity indices surged more than 1% to hit their new all-time highs on Friday, with the Sensex breaching the 71,000 mark, as domestic macro data and easing concerns over the US economic growth bolstered market sentiment. Stocks that were in focus included names like PNB, which rose 1.33%, PB Fintech, which fell 2.15%, and Deepak … Read more
Benchmark indices closed lower on Tuesday due to profit taking by investors after a record-breaking rally. The 30-share Sensex fell 377 points to settle at 69,551. Meanwhile, the Nifty index declined 90 points to close at 20,906. Stocks that were in focus included names like Paytm, which fell 6.19%, YES Bank, which rose 5.68%, and … Read more
Benchmark indices closed at new lifetime peaks on Friday after the Reserve Bank raised the growth forecast for the current fiscal and kept policy rates unchanged. The 30-share Sensex rose 304 points to settle at 69,825. The broader index Nifty also climbed 68 points to reach a fresh record high of 20,969. Stocks that were … Read more
BENGALURU: The funding winter in India’s startup ecosystem is far from over. Indian tech startups raised $7 billion this year, its lowest in the last five years. This is a sharp drop of 72% as against $25 billion it raised in the corresponding period last year, showed data from market intelligenceplatform Tracxn’s Geo Annual Report: … Read more
Benchmark Nifty hit its lifetime high, while Sensex jumped 493 points to close at an 11-week high on Friday, driven by favourable macroeconomic data and continuous foreign fund inflows. Stocks that were in focus included names like HAL, which rose 3.41%, Tata Communications, which fell 3%, and Delta Corp, whose shares increased 2.19% on Friday. … Read more
Benchmark indices settled with marginal gains on Thursday in a highly volatile trade. The 30-share BSE Sensex closed 86 points higher at 66,988 and the broader Nifty edged up 36 points to close at 20,133. Stocks that were in focus included names like BHEL, which rose 3.36%, GAIL, which jumped 4.77%, and Hudco, whose shares … Read more
Benchmark Sensex rallied 727 points and Nifty closed above the 20,000 mark on Wednesday driven by buying in select heavyweights. Stocks that were in focus included names like Zomato, which rose 3.43%, Aster DM Healthcare, which jumped 18.14%, and Siemens, whose shares increased 1.03% on Wednesday. Here’s what Riyank Arora, Technical Analyst at Mehta Equities, … Read more
Benchmark indices snapped two days of losses to close higher on Tuesday. The 30-share BSE Sensex rose 204 points to settle at 66,174 and Nifty gained 95 points to end at 19,889. Stocks that were in focus included names like NDTV, which rose 12%, TCS, which jumped 0.4%, and Suzlon Energy, whose shares declined 4% … Read more
Equity indices closed with modest losses for the second straight session on Friday. The 30-share BSE Sensex declined 47 points to settle at 65,970, while the Nifty slipped 7 points to end at 19,794. Stocks that were in focus included names like Paytm, which fell 3.08%, LIC, which rose 9.7%, and Balrampur Chini Mills, whose … Read more