Looking back, the story of the Sensex is the story of India in a sense. In 1979, India was virtually a basket case in the global scheme of things, with a GDP of barely $130 billion. In fact, in 1990, the country went nearly bankrupt with forex reserves dwindling to a few months of our imports. Then came the IMF bailout package, and India has not looked back since.
Investor interest in Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) has surged, with fundraising hitting Rs 17,116 crore in 2023-24, a significant increase from the previous year. The optimistic outlook for the current fiscal year FY25 is driven by regulatory amendments and growing popularity. Read more here:
The $2-billion valuation Navi is seeking is lower than the previous funding discussions it had with investors. These discussions also come after Navi had filed for an IPO which had been approved by Sebi.
The $2-billion valuation Navi is seeking is lower than the previous funding discussions it had with investors. These discussions also come after Navi had filed for an IPO which had been approved by Sebi. In November, Ananya Birla-led Svatantra Microfin completed the acquisition of Bansal's Navi Group's subsidiary Chaitanya India Fin Credit in a deal valued at Rs 1,479 crore.
A click on these advertisements leads individuals to an online platform or a link to join a WhatsApp group. They showcase the performance of their stock picks that have returned 100-200% in a matter of weeks. Some of these platforms or groups ask investors to bring in at least ₹25,000 as initial corpus.
A click on these advertisements leads individuals to an online platform or a link to join a WhatsApp group. They showcase the performance of their stock picks that have returned 100-200% in a matter of weeks. Some of these platforms or groups ask investors to bring in at least ₹25,000 as initial corpus.
Gold prices surge nearing $2300/Oz, leaving experts puzzled. Despite high prices, consumers exchange old gold. Jewellers' business plummets 80% due to unprecedented price hike and election code impact, with limited demand in the market.
Market participants say foreign investors are bullish about the country's prospects but are holding back a bit with uncertainty over the US Federal Reserve's interest rate actions looming and because of the National Elections.
In the midst of turmoil in the broader market, largecaps were seen as a safe haven and started finding favour among more and more investors, reflected in over 1% rise in the benchmark BSE Sensex. Maruti Suzuki and Bajaj Finance led the rally in the 30-share pack, which rose just over 11% each and Tata Steel was the close follower with 10.6% jump in its shares.
In the midst of turmoil in the broader market, largecaps were seen as a safe haven and started finding favour among more and more investors, reflected in over 1% rise in the benchmark BSE Sensex. Maruti Suzuki and Bajaj Finance led the rally in the 30-share pack, which rose just over 11% each and Tata Steel was the close follower with 10.6% jump in its shares.
The Indian government has released a detailed borrowing calendar for the first half of FY25, ranging from April to September, totaling Rs 7.50 lakh crore. The Ministry of Finance aims to facilitate investment planning and ensure transparency in the Government Securities market. The Ministry has also notified that in relation to each of the securities listed in the auction notifications.
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