NEW DELHI: Notwithstanding the overshadowing of post-Budget celebrations by the carnage in Adani stocks, Nirmala Sitharaman’s pro-growth Budget has left more bulls than bears on Dalal Street. With the government clearly focusing on long-term infrastructure push, the 3C mantra of capex, credit growth and consumption is loud and clear for stock pickers, bringing sectors like…
READ MOREBy delivering a smaller rate hike, as expected, and sounding slightly dovish, the US Federal Reserve gave Dalal Street investors another reason to smile. The Fed raised interest rates by 25 basis points late Wednesday and indicated that there are signs of disinflation in the economy. However, the central bank said that it has not…
READ MOREAt a time when India is one of the few bright spots in a gloomy world, the budget had many announcements that will not only boost the economy, but also make India a much more attractive investment destination. The proposals to simplify taxes and compliance requirements, taxation incentives for startups and MSMEs are a step…
READ MOREIndian market is expected to remain volatile amid Budget 2023 and the outcome of the US Federal Reserve policy statement. The S&P BSE Sensex and Nifty50 closed flat with a positive bias on Tuesday. India VIX moved up by 2.25% from 17.32 to 17.71 levels. Volatility spiked above 19 levels during the day and has…
READ MORE, Jindal Power and are among twelve companies that have expressed initial interest in acquiring distressed producer- GVK Power (Goindwal Sahib), said two people aware of the development. GVK Power (Goindwal Sahib) was admitted for corporate insolvency by the Hyderabad bench of the National Company Law Tribunal last October on an application filed by ….
READ MOREThe Indian market is likely to open flat on Monday tracking muted global cues. The S&P BSE Sensex fell more than 800 points while the Nifty50 managed to hold on to 17,600 level on Friday. India VIX moved up by 18.14% from 14.66 to 17.32 levels on Friday. On the options front, the weekly maximum…
READ MOREDalal Street in 2022 may have been marred by the global macroeconomic risks and geopolitical tensions, but BSE Sensex managed to give positive returns for 4 consecutive years if the period of budget-to-budget is considered to gauge the performance. The 30-stock index has given double-digit returns in the February 2020-21 and February 2021-22 period. fSince…
READ MORE(As part of a Budget special series by ETMarkets.com, we reached out to money managers seeking their perspective on Budget 2023 with a simple question: What if I were the Finance Minister of India) Amrit Kaal Vision:The foremost thing to keep in mind as the FM would be the Amrit Kaal Vision of becoming a…
READ MORESebi on Friday barred 24 entities from the securities markets for three years for indulging in the manipulation of the stock price of Sulabh Engineers and Services Ltd. The order will come into force with immediate effect, the Securities and Exchange Board of India (Sebi) said in its order. The order came after the Securities…
READ MORECapital markets regulator Sebi has barred 19 entities from the securities market for indulging in fraudulent trading in the shares of (SFL) and impounded unlawful gains worth Rs 3.89 crore. The investigation conducted by Sebi led to the collection of various pieces of evidence corroborating the fraudulent activities of these players and such evidence was…
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