The Indian economy is poised to touch USD 5 trillion next financial year - 2024-25 - and capitalise to double to USD 10 trillion by the end of this decade, said Union Petroleum Minister Hardeep Puri.
Firm GDP growth forecasts, inflation at manageable levels, political stability at the central government level, and signs that the central bank is done with their monetary policy tightening have painted a bright picture for the Indian stock market.
The shares of MediAssist Healthcare Services listed on the exchanges on Tuesday, with an 11 per cent premium. It made its stock market debut at Rs 465 on the BSE against its initial public offering (IPO) issue price of about Rs 418.
Benchmark indices--Sensex and Nifty--were 0.7-0.8 per cent higher from the Saturday closing. Among the widely-tracked Nifty 50 stocks, 39 advanced and the rest 11 declined at the opening bell.
The combined value of shares listed on Indian exchanges reached USD 4.33 trillion as of Monday's close, versus USD 4.29 trillion for Hong Kong, according to data compiled by Bloomberg.
Madhabi Puri Buch chairperson of the Securities and Exchange Board of India (SEBI) said that the board is now getting evidence and data about the Mule accounts, adding "We will work accordingly."
Mumbai (Maharashtra) [India], January 19: Nifty 50 Exchange-Traded Fund (ETF) stands as a good investment option for those seeking exposure to the Indian stock market's top-performing companies. Let's have a look at the key features, benefits, and reasons why it could be a strategic addition
The market dynamics indicated a challenging start, with a notable number of companies registering declines. In the Nifty index, only five companies showed advances, while a significant 45 companies faced declines.
Mumbai (Maharashtra) [India], January 18: In recent years, the Indian stock market has witnessed a significant upsurge in trader participation. Retail traders, in particular, are increasingly investing in the markets directly or via mutual funds. Between November of 2022 and 2023, retail
Pune (Maharashtra) [India], January 17: Bajaj Finserv AMC has introduced two new fund offerings, namely Bajaj Finserv Nifty 50 ETF and Bajaj Finserv Nifty Bank ETF, which became available for subscription on January 15, 2024. Marking the company's foray into the ETF market, this strategic in
New Delhi [India], January 17: T Plus One Tradeify LLP, a leading stock market education provider in India, has secured $30,152 in funding at a pre-money valuation of $5 million. This investment marks a prominent milestone for the company, recognised as the country's only ISO-certified Start