Key Points
Better-than-expected third quarter GDP figures, easing of US inflation and foreign institutional investors turning net buyers pushed the stock markets to a fresh all-time high on Friday...
Investors wealth surged by Rs 4.29 lakh crore as markets fired on all cylindersBetter-than-expected Q3 FY24 GDP, ease in US inflation fuelled rally, say experts..
Investors wealth increased by Rs 4.29 lakh crore in a single day as the BSE Sensex rose nearly 2 per cent or 1,245 points to touch 73,819.21 before closing at an all-time high of 73,745.35..
As the General Election draws closer, stellar GDP data raised confidence among investors for a pre-election rally, opined Vinod Nair of Geojit Financial Services..
The manufacturing sector rose to a five-month high in February due to higher factory production and sales, supported by both domestic and external demand, said the Finance Ministry on Friday...
You might be interested in
Mkt capitalisation of BSE-listed firms jumps to record high of Rs 355 lakh cr; investors richer by Rs 3.83 lakh cr
14, Dec, 23New Delhi, Dec 14 (PTI) The market capitalisation of BSE-listed companies surged to an all-time high of Rs 355 lakh crore on Thursday, with investors becoming richer by Rs 3.83 lakh crore as the benchmark Sensex hit its all-time high level driven by a rally in global equities. Global markets rallied after the US Federal […]
Asian stocks rise, dollar eases ahead of US inflation data
12, Dec, 23By Ankur Banerjee SINGAPORE (Reuters) -Asian shares rose on Tuesday while the dollar drifted lower as investors stayed cautious ahead of a crucial U.S. inflation report later in the day that will set
Stock Market LIVE: Caution will prevail at the start: SGX Nifty trading flat
28, Feb, 23Share Market LIVE Updates: Benchmark indices will continue remain cautious on Tuesday as SGX Nifty is in the flat zone. Wall Street closed higher after trimming most of the early gains. Asian market is trading on mixed note in the morning session.
With GDP slowdown. high inflation, US in worst of both worlds
27, Apr, 23Despite the GDP slowdown, odds have increased of another 25 basis points rate hike by the Federal Reserve at the May 2-3 policy meeting. Business outlays for equipment posted the biggest drop since the start of the pandemic, with a 7.3% annualized decline.
Rupee slightly up, but month-end dollar demand keeps lid on gains
31, Aug, 23The Indian rupee rose on Thursday, tracking the move higher in Asian peers following U.S. GDP data, but had to contend with month-end dollar demand.
Big jump in economic growth, but beware the frail legs: 3 readouts from India’s Q1 GDP data
02, Sep, 23India's GDP: India's economy grew by 7.8% in the first quarter of the fiscal year, but the coming quarters are expected to be slower due to factors such as slower government spending, moderating private consumption, and declining exports. GDP growth is expected to be below 5.5% in the second half of the fiscal year, with a forecast of 6% for the whole fiscal year. However, India is still projected to be the fastest-growing G-20 country this year. F
Sensex jumps 418 points to close at six-month high; Nifty above 17,700 mark
13, Jun, 23Benchmark Sensex spurted 418 points to settle at more than six-month high while Nifty closed above the 17,700 mark on June 13 on positive domestic macroeconomic data and gains in global markets. The NSE Nifty climbed 114.65 points or 0.62% to end at 18,716.15.
India’s GDP growth accelerates to 7.8% in April-June quarter
02, Sep, 23India's GDP growth in the first quarter accelerated to 7.8%, supported by strong growth in manufacturing and services sector growth.
Wall Street week ahead: Investors to review big earnings, economic data
25, Feb, 24The big focus will be on inflation data from the US government’s January report on personal consumption and expenditures (PCE), a preferred measure of inflation for the Federal Reserve
India’s Q3 GDP growth data: Here’s what to expect today
28, Feb, 23Experts are predicting a lower GDP in the third quarter as they believe growth moderated during the period, on account of a demand slowdown, triggered by the Reserve Bank of India’s aggressive rate hikes and policy tightening to control inflation.