Puneet Wadhwa caught up with SAMIR ARORA, founder, Helios Capital on his interpretation of the developments and how foreign institutional investors are likely to view India > > >
The sharp drop was primarily driven by uncertainty surrounding the outcome of the Lok Sabha 2024 election results
At 10:16 AM, all constituents of the BSE Power Index were trading in negative territory
On the technical front, too, analysts remain bullish on the markets and suggest the Sensex is set to reach higher levels in the months ahead.
Stock Market Live on June 03: In the broader markets, Nifty SmallCap rose 2 per cent while MidCap jumped 3 per cent
The benchmark Sensex hit a new all-time high of 76,738.89, while the Nifty50 surpassed the 23,300-mark to reach 23,338.70
Sensex, Nifty on June 3: Exit polls released after the last phase of voting on June 1, 2024, unanimously predicted the clear majority for the ruling Bharatiya Janata Party
NIFTY 50 index futures were up about 2.6 per cent in early trade, according to NSE International Exchange data
All you need to know before the market opens on Monday, June 03: Gift Nifty quotes around 23,300 levels as exit polls predict Modi 3.0; Asian shares rally up to 1.5% on favourable US inflation data.
Lok Sabha elections exit polls 2024: The stock market bulls will be further emboldened by the better-than-expected 8.2 per cent growth in GDP numbers
Lok Sabha elections exit polls: Ten years of the Narendra Modi government have set expectations and given a framework for investors
Valuations in most parts of the Indian stock market, analysts said, are expensive with the extent of overvaluation increasing in inverse order of market-cap, quality, and risk
Lok Sabha elections: Stability and continuity of the reform and growth-led agenda of the NDA government is what markets want
The Nifty Smallcap 100 index fell 2 per cent, while the Nifty Midcap 100 index managed to eke out a gain of 1.6 per cent
At the operating front, earnings before interest taxes, depreciation and amortisation (Ebitda), zoomed 79.2 per cent on a Y-o-Y basis to Rs 75.6 crore in Q4FY24, from Rs 42.2 crore in Q4FY23
Praj Industries profit rose 4.3 per cent year-on-year (Y-o-Y) to Rs 91.9 crore in Q4FY24, from Rs 88 crore in the same quarter last year (Q4FY23)
The company's revenue (topline) grew 9.6 per cent to Rs 4,461.2 crore in the March quarter of FY24, from Rs 4,070.2 crore in the March quarter of FY23
Stock Market Highlights on May 30: In the broader markets, the BSE MidCap, and SmallCap indices fell over 1 per cent each
Margins, too, analysts at Nomura added, have multiple tailwinds from higher spare/ service revenue, direct-to-consumer sales, and operating leverage, which will drive expansion
Muthoot Finance has been in a steady uptrend for over 10 months, consistently forming higher highs and lows with a gradual increase in volumes