The RBI on Friday riased its GDP forecast for the current fiscal to 7 per cent from 6.5 per cent earlier
The new Nifty 50 Net Total Return index aims to measure how Nifty 50 performs by taking into account reinvested cash dividends and gains from bonuses issued
Experts suggest that this is a sign that higher interest rates have dampened worker demand and raised bets that the Fed's monetary policy tightening cycle is over
Across the board, all sector indices closed the month on a positive note. The realty sector emerged as the top performer, witnessing a substantial increase of 18 per cent.
India's GIFT Nifty was down 0.05% at 20,132 as of 8:03 a.m. IST. The blue-chip Nifty 50 index on Wednesday settled at 20,096.60, above the 20,000 mark for the first time since Sept. 18
Six straight year of gains on muhurat trading day
But rising US bond yields cap gains
Nifty ended the session at 19,047, with a gain of 190 points or 1.01 per cent
Nifty500 index is a broad-based index of the top 500 companies in India. These companies represent 96% value of the free float market.
The index most recently closed at 19,674, a level deemed crucial by technical analysts
Sensex, Nifty50 fall for a third day as FPIs intensify selling
On Tuesday, the NSE Midcap 100 and Nifty Smallcap 100 logged their biggest declines since December
Closing Bell on September 12, 2023: Among sectors, the Nifty Media index declined nearly 4 per cent, the Nifty Metal index nearly 3 per cent, and the Nifty PSU Bank and Auto indices up to 2.5 per cent
The population of 'investable value stocks' largely comprises names related to financials, 'fossil fuel energy' and other materials
For investors who want to follow only the MF route, ICICI Securities recommends 60 percent allocation towards large-cap funds, 20 percent towards mid-and small cap and 20 percent towards thematic
Capital Small Finance Bank Limited on Monday said its total business grew by 15.58 per cent to Rs 12,584 crore for the quarter ended June 2023. The Jalandhar-headquartered bank's total business was Rs 10,888 crore during the first quarter of the last financial year, according to a statement. The bank said its deposits grew by 14.64 per cent to Rs 7,064 crore and advances went up by 16.81 per cent to Rs 5,519 crore. The net worth of the bank increased by 28.81 per cent to Rs 69 crore during the first quarter of the current fiscal. Sarvjit Singh Samra, managing director and chief executive officer of Capital Small Finance Bank said, "We are proud to report robust profits, which underscore the resilience of our business model and the effectiveness of our strategic initiatives. "As we continue to navigate an ever-evolving financial landscape, we remain focused on sustaining this positive momentum and creating long-term value for our stakeholders.
Realty, Metals & Energy led the charge, rising 9% each. On the flip side, IT lagged with a modest 1% rise.
NIFTY50 index is consolidating just below the 20,000 mark after rallying 14 per cent from March 23 lows as earnings expansion catch up
Hindustan Unilever to hit new 52-week low if the support of Rs 2,520 is breached
Bulk of the earnings upgrade over the past one year has been driven by stocks related to domestic cyclical demand (financials, consumer discretionary, auto, tobacco, industrials) and internet stocks.