As the cement sector struggles with muted prices, some firms may feel more heat than others. A case in point here is Dalmia Bharat Ltd. Its two core markets– east and south–are poised to see increased pricing pressure. A spree
In the case of midcap basket, the mcap threshold may go up to Rs 32,900 crore from Rs 27,560 crore. The market capitalisation (mcap) cutoff to qualify for mutual funds’ (MFs’) largecap universe is likely to go up for the
The surge in FPI investments has driven record fund-raising through IPOs this year, with the total amount nearing Rs 1.5 trillion. Foreign portfolio investors (FPIs) have invested Rs 25,300 crore through the anchor book for IPOs in 2024, surpassing the
Equity benchmark indices Sensex and Nifty slumped over 1 per cent on Tuesday, weighed down by an across-the-board selloff amid cautious investors approach ahead of the US Fed interest rate decision. Photograph: Shailesh Andrade/Reuters Besides, the continued flight of foreign
‘Geopolitics will be the most important driver of financial markets in 2025.’ It has been a topsy-turvy few months for the Indian equity markets. “Given that the Nifty 50 has corrected only 7.4 per cent from the peak in late
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex opened today’s trade session in the red. Nifty 50 opened at 24,584.80, while Sensex opened at 81,511.81. Sensex Today | Stock Market LIVE Updates: Nifty 50
(Bloomberg) — The liquidity deficit in the Indian banking system hit the highest in nearly six months on advance tax payments by companies and likely dollar sales by the central bank to curb rupee volatility. The banking system cash deficit,
The Panapakkam facility is projected to generate employment for 25,000 individuals, with 85 per cent of the workforce set to be women. Photograph: Shannon Stapleton/Reuters Taiwanese footwear major Hong Fu Industrial Group — a supplier to Nike, Converse, Vans, UGG,
Benchmark indices Sensex and Nifty closed lower on Monday as investors turned cautious ahead of the US Fed interest rate decision amid weak global cues. Photograph: PTI Photo from the Rediff Archives Besides, selling pressure in metal and IT counters
Gold prices slumped for the second straight session by Rs 1,150 to Rs 78,350 per 10 grams in the national capital on Monday on frantic selling by stockists and retailers, the All India Sarafa Association said. Photograph: Leonhard Foeger/Reuters The
