Finance
Sensex may cross 85K by year-end but may see a sharp correction before that: Expert

Mumbai (Maharashtra), [India], April 10 (ANI): After a pause on Tuesday, the bull run continues in the Indian stock market on Wednesday’s session. The Nifty touched a new high of 22,775.70 breaking the previous record of 22,768 points. The Nifty closed at 22753.80 points while the Sensex ended 0.47% higher at 75,038.15. All major indices […]

Updated: Apr 10, 2024
California’s ’99 Cents Only Stores’ to close down in US

COMMERCE, California: Ending its 42-year run of selling an assortment of bargain-basement merchandise, 99 Cents Only Stores say that it will close all 371 of its outlets around the U.S. The California-based retailer has stores across its home state and in Arizona, Nevada, and Texas. It said it would begin selling off its stock of […]

Updated: Apr 9, 2024
“Financial market reforms by RBI aimed at providing strong bedrock for markets,” says Governor Shaktikanta Das

New Delhi [India], April 8 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday said the recent wave of financial market reforms spearheaded by the RBI are geared towards establishing a robust foundation for addressing the burgeoning funding needs of the economy, providing cost-effective hedging alternatives, and enhancing competitiveness in global marketsThe RBI […]

Updated: Apr 8, 2024
FIIs and FPIs inflow in India likely to stay strong in FY25, post record inflow in FY24

New Delhi [India] April 7 (ANI): With markets at all-time high, the foreign institutional investors (FIIs) and foreign portfolio investments (FPIs) are pouring money in the Indian market. On the back of robust economic growth and great momentum in earnings growth FIIs, FPIs and DIIs investment is likely to stay strong in FY25. The Indian […]

Updated: Apr 7, 2024
Authorities in Odisha issue guidelines in several districts to tackle heat wave illness

Bhubaneshwar (Odisha) [India], April 6 (ANI): As eight people were admitted to different hospitals in Odisha due to heat-related illnesses, Director of Public Health Odisha, Dr Niranjan Mishra, stated on Saturday that guidelines have been given to all districts and a training programme has been organised for doctors to deal with rising temperatures in the […]

Updated: Apr 6, 2024
Kenya shilling rises to year high of 130 against US Dollar

NAIROBI, April 5 (Xinhua) — The Kenya shilling strengthened against the U.S. dollar Friday to close the week at the 130 mark, the strongest level in about a year. The Central Bank of Kenya (CBK) quoted the local unit at 130.7 shillings against the dollar Friday, as the local currency continued to gain ground against […]

Updated: Apr 5, 2024
Volatility in Indian stock market before the RBI Monetary policy results

New Delhi [India], April 4 (ANI): Indian stock market closed in green on Thursday after the Nifty surged 80 points to close at 22514 and Sensex also gained 350 points to close at 74227. During the Thursday’s trading session, benchmark equity indices experienced volatility following a surge to new all-time highs, as profit-taking activities emerged. […]

Updated: Apr 4, 2024
Apparel exports to grow by 8-9 pc in FY 2025: ICRA

New Delhi [India], April 3 (ANI): Following the tepid demand environment in the financial year 2024, Investment Information and Credit Rating Agency of India Limited (ICRA) expects a muted 8-9 per cent recovery in revenues of its sample companies to Rs 28,150 crore in the financial year 2025 from Rs 26,000 crore the year before, […]

Updated: Apr 3, 2024
Indian stock indices off peak on mild profit booking

New Delhi [India], April 2 (ANI): Indian stock market indices traded on a cautious note Tuesday, influenced by mixed cues from global markets, and settled marginally in the red. At the closing, bell, Sensex settled at 73,904 points, down 110 points or 0.15 per cent and Nifty settled at 22,453 points, down just 9 points […]

Updated: Apr 2, 2024
Indian stocks kick off 2024-25 on a flyer, indices at fresh peak

New Delhi [India], April 1 (ANI): Riding on the gains from the previous financial year, Indian stock indices kicked off the new fiscal 2024-25 on a bullish note. The benchmark indices – Sensex and Nifty – hit fresh all-time highs on Monday. At the closing, bell, Sensex settled at 74,014.55 points, up 363.20 points or […]

Updated: Apr 1, 2024