Markets

Gaming firms in India express concerns on new tax system, says it will affect foreign investments

During the last season of the Indian Premier League, revenues from fantasy leagues rose 24 percent annually to hit $342 million

Jul 16, 2023

'Sell China, Buy India' policy of FPIs cannot continue for long

The valuations in China at a PE of 9 is hugely attractive now compared to valuations in India with a PE of around 20 and, therefore, the 'Sell China, Buy India' policy of FPIs cannot continue for long, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Jul 15, 2023

BSE Sensex crosses milestone of 66,000 points led by IT heavyweights [details]

BSE Sensex is up 625 points in a ferocious rally at 66,019 points powered by positive cues from the US market.

Jul 13, 2023

Flood of FPI flows into India continues

The flood of FPI flows into India continues with Rs 21,943 crore of inflows (including bulk deals) till 8th of this month, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Jul 8, 2023

Indian stocks hold on to all-time highs when market breadth is healthy

Indian stocks have been able to hold on to all-time highs when market breadth is healthy. Readings of over 15 per cent NSE 500 Index member stocks touching a new 52-week high is positive, said a report by DSP Mutual Fund.

Jul 6, 2023

Stock Market: India's market cap outperforms global markets

Global market cap rose 7.3 per cent ($7.2Tn) over the last 12 months, while India's market cap jumped 17.2 per cent Barring Russia and China, all key global markets witnessed a rise in market cap over the last 12 months, Motilal Oswal Financial Services said in a report.

Jul 4, 2023

Indian markets continue upward momentum, to scale new heights

Indian stock markets on Monday continued to hit new heights with the Sensex of BSE touching a high of 65,247.74 points and Nifty of NSE 19,336.10 points.

Jul 3, 2023

People walk past the Bombay Stock Exchange (BSE) building in Mumbai,

Sensex jumps 800 points to record highs on FII buying, monsoon progress: Market watch

Buoyancy in global markets and the advance of monsoon lifted Indian stock markets to new highs with the BSE Sensex surging by more than 800 points on Friday.

Jun 30, 2023

Sensex reaches fresh highs backed by auto, tech stocks

Auto and IT stocks are in the limelight as the BSE Sensex traded up more than 500 points on Friday.

Jun 30, 2023

Modi's US visit: Extra duty on American apples removed, to compete in Indian market on par

The decision will not impact domestic apple producers, assured Ministry of Commerce sources

Jun 27, 2023

Sensex hits all-time high despite monsoon worries ahead

Benchmark Indices touched new highs on Wednesday on the back of sustained increase in capital expenditure by the Government of India coupled with rising manufacturing PMI, says S. Ranganathan, the Head of Research at LKP Securities.

Jun 21, 2023

Indian stock markets reach close to 52 week high levels

With falling inflation, and healthy economic numbers, the two Indian stock markets opened and closed at a higher note on Friday and are near their 52 week high levels.

Jun 17, 2023

Not a merger, only acquisition of life insurance assets/liabilities of Sahara India Life: SBI Life

It is not a merger of two life insurance companies but only the transfer of life insurance business and policyholder assets and liabilities of Sahara India Life Insurance to it, SBI Life Insurance said on Friday.

Jun 3, 2023

Market news: Sensex remains flat on Thursday

Sensex and Nifty on Thursday remained flat, continuing Wednesday's downward trajectory after four days of uninterrupted uptrend

Jun 1, 2023

Twitter's worth down to just $15 bn under Musk: Report

Twitter is now worth only about $15 billion, a massive 33 per cent lower than $44 billion Elon Musk and his co-investors paid to acquire the platform, the media reported on Wednesday.

May 31, 2023

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