Mumbai, June 30 : Fitch Ratings, on Tuesday, cut India’s growth forecast for 2020-21 fiscal to 8 per cent from 9 per cent projected last month. However, it retained the projected contraction... Read more »
Mumbai, June 30: Sensex and Nifty rose by 18.5 percent and 19.8 per cent respectively in the quarter ending June, posting their greatest Quarterly earnings since June 2009 in sync with rise... Read more »
Gains in IT, Bank stocks and RIL led the 30-strong Sensex to close higher on Friday even as the global equities market remained firm though there was an upward swing in domestic Coronavirus... Read more »
Mumbai, June 26 : Adani Power, on Friday, said it had got the shareholders nod to raise upto Rs 2500 crore in one or more tranches to sustain business growth and finance expansion... Read more »
Mr. Arun Kumar S, Market Strategist, Reliance Securities Ltd expects a near term reversal and bearish sentiments in the markets today. EQUITIES • NIFTY(10305) formed “Bearish Engulfing” pattern which indicates a reversal. Expect the... Read more »
Mumbai, June 24 : Decline in European markets and a record surge in coronavirus cases in the country led the Financial stocks lower on Wednesday with Sensex dropping 561.45 points at 34,868.98 and... Read more »
Mumbai, June 24: International Monetary Fund (IMF) on Wednesday suggested a sharp contraction of 4.5 percent for the Indian Market in 2020 and said it’d be a historic low. IMF explained the contraction... Read more »
Market outlook today: Arun Kumar S, Market Strategist, Reliance Securities Ltd. EQUITIES • NIFTY(10471) price setup along with continued buy triggers on near-term oscillators favours incremental rise. • Key support zone for the index has... Read more »
De-escalation in Indo-China border row and optimism over Covid-19 recoveries rising despite number of cases going up, kept the market upbeat on Tuesday with Larsen and Toubro and financials contributing their mite to... Read more »
Federal Bank on Tuesday said it would raise Rs 12000 crore most of which would come from borrowing instruments. In a regulatory filing, the Bank said that its board of directors had... Read more »