Dalal Street minnows stole the show in 2024, giving handsome returns to investors, helped by a largely optimistic trend in the stock market and impressive retail investors’ participation. Analysts attributed the positive trend in the equity markets, where the benchmark
The Federation of Indian Export Organisations (FIEO), the apex body for exporters, is formulating a strategy for five key sectors to boost exports to the United States (US), as President-elect Donald Trump has threatened to impose high tariffs on Chinese
Zomato on Monday became the first new-age company to join the prestigious 30-share benchmark Sensex, replacing JSW Steel. Photograph: Anushree Fadnavis/Reuters This milestone marks a significant achievement not only for Zomato but also for the Indian startup ecosystem, which is
Stock market participants would track global trends and foreign investors’ trading activity in a holiday-shortened week ahead, amid lack of any major domestic trigger in sight, analysts said. Equity markets will remain closed on Wednesday for Christmas. “Looking ahead, no
For the first time in history, the luxury car market is poised to cross the sales mark of 50,000 units in 2024, with Mercedes leading the way IMAGE: The Mercedes-Benz Maybach S-Class. Photograph: Rajesh Alva/Rediff.com In 1954, when India was
The week’s losses wiped out investor wealth worth Rs 18.43 trillion, with the total market capitalisation of BSE-listed firms now at Rs 441 trillion. The Indian equity benchmarks recorded their first weekly decline in four weeks — and the
The GST Council on Saturday postponed a decision on cutting tax rate on life and health insurance premiums, officials said. Photograph: Jitender Gupta/ANI Photo The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising
The number of Indian billionaires has grown by 123 per cent in the 10-year period, reaching 185 in 2024.Their wealth has grown by 263 per cent to $905.6 billion. IMAGE: Mukesh D Ambani, left, and Gautam S Adani, India’s richest
Share prices of Nestle India, Asian Paints, Bandhan Bank, Tata Technologies, AU Small Finance Bank and Avenue Supermarts, all a part of the BSE 500 index, have hit their respective 52-week lows on the BSE in Thursday’s intra-day trade after
The performance of banking and information technology (IT) stocks has had a significant impact on the composition of diversified mutual fund (MF) portfolios. Over the past two months, these sectors have become increasingly dominant, now constituting nearly 30 per cent
