Market experts anticipate a flat to downward trend due to mixed international indicators and absence of domestic catalysts. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in red on Tuesday. While BSE Sensex went below 72,800, Nifty50 was below 22,000. At 9:17 AM, BSE Sensex was trading at 72,707.94,…
Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, CESC and NTPC are the top stocks to buy today:CESC – Buy in the range between Rs 130 & Rs 135; Stoploss: Rs 127; Target: Rs 140CESC has formed a small consolidation…
NEW DELHI: Activity in the country’s manufacturing sector grew at its slowest pace in 14 months as production and new orders moderated but it still remained robust, a survey showed on Monday.The HSBC India Manufacturing Purchasing Managers’ Index (PMI) registered a reading of 56.3 in Feb, down from 57.7 in Jan, but still indicative of…
MUMBAI: Boring may be better for most Dalal Street investors. While the sensex is down over 6% this year, the BSE midcap index has slid 17% and smallcap has plunged over 22%. Market players say that pain for mid and small-cap investors is not likely to ease soon – due to earnings downgrades and overvaluation…
NEW DELHI: The Centre on Monday granted Navratna PSU status to Indian Railway Catering and Tourism Corporation and Indian Railway Finance Corporation, resulting in seven listed govt-owned companies under the state transporter’s charge getting the tag, which gives them greater operational flexibility.Of the 12 railway CPSEs, Concor, RVNL, IRCON, RITES and RailTel were classified earlier….
MUMBAI: Poonawalla Fincorp is going against the tide by growing unsecured loans. The company is targeting ‘premium’ borrowers with unsecured loans of up to Rs 15 lakh, disbursed digitally in 15 minutes.“We have extensive experience in unsecured lending, with low delinquency rates among top white-collar professionals,” said CEO Arvind Kapil. “Rather than increasing risk, we…
Nithin Kamath, the founder and CEO of Zerodha says it’s ‘wrong’ to stop SIPs. Stock market crash: Indian equity markets have been sliding and how! BSE Sensex and Nifty50 have corrected around 14-15% from their peaks in September and in the current uncertain global environment, there is no clarity on when this bear phase of…
Indian Railways is progressing towards achieving complete electrification of broad gauge routes. (AI image) Indian Railways is developing a diversified energy strategy for its net zero 2030 initiative, incorporating nuclear, solar, hydropower, wind and thermal sources, according to officials. The strategy aims to fulfil the national transporter’s 10-gigawatt (GW) traction requirement for operating trains by…
Paytm clarified that the alleged violations occurred when these companies were not its subsidiaries. Paytm alleged FEMA violations: Following reports of ED (Enforcement Directorate) sending a notice to Paytm, shares of One97 Communications plunged around 4% before recovering.A regulatory filing on Saturday revealed that Paytm received notice from the Enforcement Directorate (ED) regarding alleged FEMA…
Stock market crash: Market analysts provide differing perspectives on current market conditions. (AI image) Stock market crash: Smallcap and midcap stocks have experienced their most severe decline since the March 2020 Covid market downturn, causing significant losses for retail investors. In February, widespread selling affected the broader market severely, with the BSE Smallcap index declining…
