Business news

FPIs sold equities worth Rs 27,000 crore in January

FPIs continued to be sellers in the cash market having sold equity worth Rs 27,664 crores through January 25, said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

Jan 27, 2024

Sensex down 700 points led by slump in Tech Mahindra

BSE Sensex is down 700 points in morning trade on Thursday led by a slump in Tech Mahindra.

Jan 25, 2024

Entrepreneur Mauricio Garcia Transforms the Financial World with Bold Innovations

Mauricio Garcia educates individuals on leveraging non-financial assets, such as communication and marketing skills, to significantly boost their income and make a real impact on their financial situation.

Jan 21, 2024

Stocks plunge as FPIs sold equity massively for Rs 20,480 cr in last 2 days

An important trend in the market which has implications for retail investors is the revival of the tug of war between FIIs and DIIs, says V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

Jan 19, 2024

Invest in Telangana campaign launched at WEF meet

Telangana attracts Rs 36,670 crore investment proposals at Davos

Telangana received investment proposals worth Rs 36,670 crore on the second day of World Economic Forum (WEF) annual conference at Davos on Wednesday, it was announced in Hyderabad

Jan 18, 2024

Markets running out of steam, FMCG stocks lead decline

The year-end rally which took the Nifty up by around 14 per cent from the 2023 October lows, is slowly running out of steam, says V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

Jan 8, 2024

Predictable market correction witnessed In the last few days across the globe: Expert

A predictable market trend is that high valuations will lead to corrections. The unpredictable part is the timing and the trigger for the correction. In the last few days, globally markets are correcting and the trigger for the correction is profit booking, which is normal and rational, say experts

Jan 4, 2024

Sensex down more than 500 points

Equity benchmarks sank on Tuesday with selling emerging at higher levels.

Jan 2, 2024

India's Forex Reserves Rise To 4-Month High

Welcome 2024 but markets expect tough time ahead; US Dollar losing dominance

The week has come to an end and this week becomes special because the calendar year 2023 ends at the stroke of midnight as well. The week was a four-day affair, with it beginning with a trading holiday on account of Christmas.

Jan 1, 2024

L'Oreal heiress is first woman to amass a fortune of $100bn [details inside]

The L'Oreal heiress and businesswoman, Francoise Bettencourt Meyers, has become the first woman to amass a fortune of $100bn, media reports said.

Dec 29, 2023

Gold expected to move much higher in 2024

The rise in US rates was the factor that prevented any upside for gold or rather limited it for almost one year now despite high global inflation, the report said.

Dec 29, 2023

What does Adani and Sirius partnership mean for India's Digital Revolution?

The joint venture, Sirius Digitech International Limited (Sirius JV), holds immense potential to reshape the country's digital landscape in several key ways. Read more.

Dec 29, 2023

January is normally a poor month for market

As 2023 draws to a close, the most significant feature of the year's rally is the sharp outperformance of the broader market, says V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Dec 29, 2023

After 6% rally in Nifty in December, bulls are likely to wait for New Year

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 Services.

Dec 26, 2023

Adani Green Energy to buy 8000-MW solar power for 25 years from Solar Energy Corp of India

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.

Dec 25, 2023