Equity benchmark indices are facing massive corrections, with the NSE Nifty declining over 14 per cent from its lifetime high hit in September last year due to several negative triggers like stretched valuations, foreign fund exodus, disappointing quarterly earnings and
Benchmark BSE Sensex recovered 147 points in a range-bound trade on Tuesday, ending its five-day slide on the back of buying in financial and FMCG shares. Photograph: Savita Kirloskar/Reuters The 30-share BSE benchmark Sensex climbed 147.71 points or 0.20 per
Shipments of personal computers grew 3.8 per cent on a year-on-year basis to 14.4 million driven by demand for gaming and AI-powered PCs, market research firm IDC said on Monday. IDC India, South Asia and ANZ, associate vice president for
Falling for the fifth day in a row on Monday, equity benchmark BSE Sensex tumbled over 1 per cent to drop below the crucial 75,000 level, tracking a US market trend and unabated foreign fund outflows amid concerns over US
Tesla needs to either sell the same models with reduced features to lower the cost for Indian market, or incur losses. IMAGE: A Tesla showroom. Photograph: Florence Lo/Reuters As the buzz around US electric vehicle (EV) major Tesla’s potential India
Global trends, trading activity of foreign investors and news flow on tariffs are expected to influence movement in the equity market in a holiday-shortened week ahead, analysts said. Equity markets would remain closed on Wednesday for ‘Mahashivratri’. “This week, we
Kotak Mahindra Bank’s net interest margin is likely to swell after the Reserve Bank of India (RBI) lifted its restrictions on the private lender that barred it from issuing fresh credit cards and onboarding new customers through digital mode, brokerages
‘It may take some time for them to get down to the details, such as the location and capacity.’ Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy Sanket Mishra/Pexels.com ChatGPT maker OpenAI has
Using the debt-to-GDP ratio as a fiscal anchor aligns with efforts to promote fiscal transparency through proper disclosure of off-budget borrowings. In 2018, the central government amended the Fiscal Responsibility and Budget Management (FRBM) Act, 2003, targeting to reduce the
‘The pain can be more in the days ahead.’ A man stands in front of a screen displaying news of markets updates inside the Bombay Stock Exchange building in Mumbai. Photograph: Francis Mascarenhas/Reuters The market correction in India since
