Markets

Sensex, Nifty down after RBI's hawkish statements

Nifty opened lower cautiously awaiting the outcome and witnessed sell-off post the RBI statement and finally closed with a loss of 89 points at 19,543 level

Aug 10, 2023

Shaktikanta Das, Governor, Reserve Bank of India

RBI retains repo rate at 6.5%, inflation projected at 5.4%, predicts GDP growth at 6.5%

Not disappointing the expectations, the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) did not change the repo rate from 6.50 per cent.

Aug 10, 2023

Focus of market will shift from micros to macros: Expert

With the Q1 results season coming to an end soon, the focus of the market will shift from micros to macros, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Aug 9, 2023

Rating agency Moody's warns to downgrade 6 US banks, stocks sink further

Moody's has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street and Northern Trust, under review for a possible downgrade, sending stocks tumbling as investors worried about more banking sector pain ahead, the media reported.

Aug 9, 2023

Investors await RBI monetary policy in the coming week

Investors are awaiting the upcoming MPC meeting, where the RBI is expected to maintain its policy rates at 6.5 per cent, says Vinod Nair, Head of Research at Geojit Financial services.

Aug 7, 2023

Centre defers import curbs on laptops, PCs till Nov 1 [details]

The Central government has deferred its decision to restrict the import of certain category of laptops and computers until November 1, allowing companies three-months time to import these devices.

Aug 5, 2023

Sensex dovetails further, now more than 500 points down

BSE Sensex was down 565 points in trade on Thursday afternoon as the market absorbed the impact of the US downgrade.

Aug 3, 2023

Impact of US rating downgrade: Sensex down by 132 points today

BSE Sensex was down 123 points in trade on Thursday morning as the market absorbed the impact of the US downgrade.

Aug 3, 2023

Sensex begins reverse trend, slumps over 600 points to below 66K mark

The BSE Sensex plummeted more than 600 points on Wednesday morning to fall below the 66,000 mark.

Aug 2, 2023

Market watch: High likelihood of correction in equity markets over next few months [details]

Over the next few months, the chances of the Indian equity market undergoing a correction are high, said a senior official of credit rating agency Acuite Ratings & Research.

Jul 30, 2023

Pre-Booking For 'Make In India' Foldables Begins In India With Cool Pricing, Attractive Offers

Pre-booking for 'Make in India' foldables begins in India with cool pricing [details on booking date, attractive offers]

Samsung on Thursday announced the availability of its next generation of 'Make in India' foldables, Galaxy Watch and new tablets in the country that will go on pre-booking from July 27 (12 noon onwards) across all leading online and offline retail stores with some attractive offers.

Jul 27, 2023