Shares of BEL, for instance, soared 5 per cent to Rs 292.10 on the back of two-fold jump in average trading volumes after the company reported a healthy December 2024 quarter
Back home, at 6:40 AM, GIFT Nifty futures indicated a strong start, up 71 points at 23,489
Nifty strategy for Budget 2025: The immediate Support & Resistance levels for Nifty50 index are: 22,700 & 23,400
Union Budget 2025 Latest Updates: Catch all the latest developments related to Union Budget 2025 here
In the previous session, the Sensex jumped 631.55 points, or 0.83 per cent, to settle at 76,532.96. The Nifty50 also added 205.85 points, or 0.90 per cent, to close at 23,163.10
The valuations for Foreign Institutional Investors (FIIs) have become reasonable, but their main challenge is the stabilisation of the currency
Technical charts indicate that shares of ITC, Godfrey Phillips, VST Industries, Delta Corp and United Breweries could slide up to 28% from present levels. Check key levels here
Why are markets falling: A sustained selling by foreign investors, a falling rupee, weak December quarter results, Budget nervousness, China's DeepSeek, and Trump's tariff war is hurting the sentiment
The Sensex needs to sustain above 77,000-mark for igniting a pre-Budget rally; Nifty daily chart shows that bearish momentum was showing some signs of tapering-off. India VIX likely to rise this week.
In the previous session, the Sensex declined 329.92 points, or 0.43 per cent to 76,190.46. Similarly, the Nifty50 ended the day 113.15 points, or 0.49 per cent, lower at 23,092.20
Stock Market Today, Jan 24: The stock markets today will eye Q3 results of 81 domestic companies, Flash manufacturing PMI, IPOs, FII selling, and Budget news
According to Morgan Stanley, markets seem to be approaching the budget with skepticism and could be dealing with both volatility and upside risk post budget.
India's elevated public debt-to-GDP ratio remains a concern. A reduction in the general fiscal deficit from 8 per cent in FY25 to 7 per cent by FY30 is critical to keeping public debt sustainable
Subhash Chand Aggarwal, chairman & MD, SMC Global Securities says Trump's return may provide several benefits to India due to trade tensions between US and China
Industry body CII in its budget suggestions for 2025-26 has recommended lowering the excise duty on fuel to boost consumption, especially at the lower income level, arguing that fuel prices significantly drive inflation. The budget could also consider reducing marginal tax rates for personal income up to Rs 20 lakh per annum. This would help trigger the virtuous cycle of consumption, higher growth and higher tax revenue, said CII. Asserting that the gap between the highest marginal rate for individuals at 42.74 per cent and the normal Corporate Tax Rate at 25.17 per cent, is high, it said, inflation has reduced the buying power of lower and middle-income earners. "The central excise duty alone accounts for approximately 21 per cent of the retail price for petrol and 18 per cent for diesel. Since May 2022, these duties have not been adjusted in line with the approximately 40 per cent decrease in global crude prices. Lowering excise duty on fuel would help reduce overall inflation and
On Tuesday this week, Prime Minister Narendra Modi also interacted with a panel of distinguished economists and thought leaders at NITI Aayog on the strategies for the Union Budget 2025-26
Stock market in 2024 so far: One of the most pivotal events impacting investor sentiment was the outcome of the 2024 General Elections
These market infrastructure institutions (MIIs) have been asked to segregate such data into two baskets-one that can be shared with the public and the second that cannot be made public
Markets regulator Sebi on Tuesday came out with new guidelines for stock exchanges, clearing corporations and depositories to ensure robust capacity planning and real-time performance monitoring of their critical IT systems. Under the guidelines, market infrastructure institutions (MIIs) have been directed to develop future-ready frameworks to estimate capacity needs based on trends, historical data, transaction growth, and business changes, according to a Sebi circular. Also, they have been asked to submit methodology details to Sebi within three months after approval from the Standing Committee on Technology (SCOT) and the Governing Board. MIIs have been asked to ensure adequate system capacity in place to handle high volumes to ensure high level of service availability. The installed capacity should be at least 1.5 times of the projected peak load. The projected peak load should be based on trends from the past 180 days and other relevant factors. They have been asked to conduc
While the formal meetings of Finance Minister Nirmala Sitharaman with various stakeholders seeking their wishlist for Budget 2026 is expected to begin next month, the budget-making exercise is gaining