Page 31 - Indian Markets

1,134 outlets functional at 1,037 stations in 27 states under OSOP scheme

The railways' "One Station One Product" scheme, under which uniquely designed sale outlets are offered to locals to sell indigenous products, is now operational at 1,037 stations across the country. The scheme was launched on May 20 last year after a 15-day pilot project which received encouraging response among local artisans, craftsmen and workers. "As on November 9 this year, 1,134 OSOP outlets are operational at 1,037 stations in 27 states. While Tamil Nadu tops the list with 146 outlets at 137 stations, West Bengal is second with a similar number of outlets at 123 stations. Uttar Pradesh stands third with 112 outlets at 105 stations," a senior railway official associated with the scheme said. "The scheme is picking up fast and very soon we will see many other stations having these outlets," the official said. Under this scheme, the Indian Railways is providing uniquely designed sale outlets with distinctive look, feel and logo at stations as per the design developed by the ...

Corporate profits surge, but Sensex earnings remain in slow lane

Shows deceleration in earnings of top-listed firms from FY22 highs

CP issuances fall to 1-year low in October as rates rise by 30 bps

On a month-on-month basis, the issuances fell by around 38 per cent

Goldman Sachs loads up on Indian markets: Upgrades to 'overweight'

Brokerage cites strong economic growth prospects, steady domestic mutual fund inflows, and a potential supply-chain shift from China

Sebi asks stock brokers to simplify terms and conditions for investors

Investors and clients of the broker will be required to acknowledge these new truncated conditions

10 firecracker largecaps that deliver bang: Brokerage picks for Samvat 2080

Amid concerns over small and midcap valuations, brokerages suggest navigating the investment landscape like a well-timed fireworks display, favouring the brilliance of largecap stocks

Markets kickoff Samvat 2080 on bullish note; Sensex, Nifty gain over 0.5%

Six straight year of gains on muhurat trading day

Indices hit new highs in Samvat 2079; Nifty jumps 10.5%, Sensex up 9.4%

But rising US bond yields cap gains

Strong outlook, sector re-rating to support ABB stock after Q2 results

ABB is a key beneficiary of the pickup in the capex cycle

Queue for MF licences thins amid quick Sebi approval, withdrawals

Pending applications down from 11 to 2 this year; PhonePe, Emkay Global withdraw application

Markets snap 3 days of rally; settle marginally lower amid volatility

Equity benchmark indices snapped three days of rally to settle marginally lower on Tuesday amid weak trends in Asian and European markets along with unabated foreign fund outflows. The 30-share BSE Sensex dipped 16.29 points or 0.03 per cent to settle at 64,942.40. During the day, it declined 320.59 points or 0.49 per cent to 64,638.10. The Nifty slipped 5.05 points or 0.03 per cent to 19,406.70. Among the Sensex firms, Bajaj Finance, JSW Steel, Reliance Industries, Mahindra & Mahindra, ITC, Tata Consultancy Services, Wipro, HDFC Bank, Larsen & Toubro and Bharti Airtel were the major laggards. Sun Pharma, NTPC, State Bank of India, IndusInd Bank and Axis Bank were the major gainers. In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong settled in the negative territory. European markets were trading mostly lower. The US markets ended with marginal gains on Monday. Global oil benchmark Brent crude declined 2.12 per cent to USD 83.37 a barrel. Foreign Institutional Investors ...

UBS is underweight on Indian equities within EM/Asia: Sunil Tirumalai

Valuations in India, he said in this interview, are pricing a lot more 'sentiment' premium than what fundamentals of the stocks can explain

What is sustaining the flow of IPOs, defying equity market turbulence?

IPO investors withdraw from the market when large hyped-up issues fail to give the desired returns. That makes fundraising difficult, say experts

October tremors: Nifty posts worst decline in 10 months, shows data

The Nifty fell 2.8 per cent in October, and the Sensex by 3 per cent, their biggest fall since December 2022

NCDEX suffers major losses as suspension of futures gets extended

The commodities are paddy (non-basmati), wheat, chana, mustard seed and its derivatives, soybean and its derivatives, crude palm oil and moong

Broking industry must prepare for next downturn: Samco CEO Jimeet Modi

Modi says that the account aggregator framework will be the next game changer for the industry

Street Signs: Nifty's battle at 18,800, IPOs tread with caution, and more

Bears have tightened their grip on the market, with the National Stock Exchange Nifty50 declining nearly 5 per cent in just six trading sessions before seeing a slight recovery on Friday

Market share and margins to take the wheel for Maruti Suzuki India

Volume trajectory to hit the accelerator powered by festival season sales

India key mkt, will continue investments, accelerate electrification: Honda

Japanese auto major Honda Motor Co Ltd will continue to invest in India, a key market for its future growth strategy while also accelerating electrification of vehicles in line with its global plans to achieve carbon neutrality by 2050, according to top company officials. At the global level, Honda is open for alliances and collaboration with other firms if it offers a "win-win" situation in the wake of new development in the mobility sector, Honda Motor President and CEO Toshihiro Mibe told visiting Indian journalists at the company's headquarters here in an interaction. "Our strategy is to achieve carbon neutrality by 2050. To achieve that, we have milestones set for 2030-35 and 2040...For Honda, the Indian market is a big market and it is the market where electrification is rapidly progressing for both cars and two-wheelers," he said. Underlining the significance of India, Asian Honda Motor Co President & CEO and Head of Regional Operations (Asia & Oceania) Toshio Kuwahara

JP Morgan upgrades India to 'overweight' from 'neutral' ahead of elections

Joins Morgan Stanley, CLSA, Nomura on hiking India exposure