Sensex climbs 445 points on buying in blue-chip stocks

Benchmark indices Sensex and Nifty ended higher on Monday amid buying in blue-chip stocks Reliance Industries, Infosys and HDFC Bank along with a firm trend in the US markets. Recovering the early lost ground, the BSE benchmark Sensex climbed 445.29

2,000 notes: Rs 6,839 cr still with the public

The Reserve Bank on Monday said 98.08 per cent of the Rs 2,000 banknotes have been returned to the banking system, and only Rs 6,839 crore worth such notes are still with the public. Photograph: PTI Photo from the Rediff

Good news for RIL, ONGC as govt scraps windfall tax

The government on Monday scrapped 30-month old windfall profit tax on domestically-produced crude oil and on export of jet fuel (ATF), diesel and petrol following a decline in international oil prices. Photograph: Dado Ruvic/Reuters Minister of State for Finance Pankaj

Car sales drive up thanks to wedding season, rural buy

Auto majors report positive sales figs for November. Kindly note the images has only been published for representational purposes. Photograph: Kind courtesy Pixabay The domestic passenger vehicle (PV) wholesales have increased by about four per cent year-on-year (Y-o-Y) in November

Sensex Today | Stock Market LIVE Updates: Nifty above 24,250, UltraTech Cement, Apollo Hospitals top gainers

Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex opened today’s trade session little changed. Nifty 50 opened at 24,140.85, while Sensex opened at 79,743.87. Sensex Today | Stock Market LIVE Updates: Nifty 50opened today’s

FPI selling spree slowed in November; will inflows pick up in the coming months?

Foreign Portfolio Investors (FPIs) extended their selling streak for the second consecutive month in November, but the pace of selling slowed compared to October. According to NSDL data, FPIs withdrew ₹39,315 crore from Indian stocks via exchanges in November. This

Strong order book to stand defence major Bharat Electronics in good stead

A robust margin performance in the September quarter (Q2FY25) led to a 12 per cent rise in the stock of defence major Bharat Electronics (BEL). While the stock has given up most of those gains in the recent market correction,

GST collection rises 8.5% to Rs 1.82 lakh cr in Nov

Gross GST collections grew 8.5 per cent to over Rs 1.82 lakh crore in November on account of increased sales spurred by the festive season. The Central GST collection stood at Rs 34,141 crore, State GST at Rs 43,047 crore,

‘GDP Numbers Will Be A Distant Memory’

Latest GDP growth numbers a one-off development and not the beginning of a trend, says CEA V Anantha Nageswaran.   India’s second-quarter GDP growth rate of 5.4 per cent is disappointing but there is no reason to be alarmed as

Factors that will guide the markets this week

Trading sentiment in the equity market this week will be guided by global trends, foreign fund movement, macroeconomic data announcements and RBI’s interest rate decision, analysts said. The monthly auto sales data announcement would also be tracked by investors this