Checkout the Buzzing Stocks Today!
Sat, Mar 2, 2024 9:14 AM

Checkout the Buzzing Stocks Today!

📌Maruti Suzuki India's production increased by 11.5 percent to 1,78,261 units. 📌PROG Holdings, Inc. and Infosys announced an agreement that is expected to evolve. 📌Lemon Tree Hotels has signed a franchise agreement for an upcoming hotel in Udaipur. 📌 Aurobindo Pharma company has received final approval from the US Food.

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Indian stock market: 5 key things that changed for market
Sat, Mar 2, 2024 8:44 AM

Indian stock market: 5 key things that changed for market

Indian stock market: The domestic equity indices, Sensex and Nifty 50, are expected to open higher on Saturday tracking positive global market cues.The Indian equity market will remain open on Saturday, March 2, as the stock exchanges will conduct a special live trading session in the equity and derivatives segments through their disaster recovery site to check the preparedness.

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Stock Market Today: Top 10 things to know before the market opens
Sat, Mar 2, 2024 8:43 AM

Stock Market Today: Top 10 things to know before the market opens

The benchmark Sensex and Nifty indices are likely to open on a positive note on March 2 as trends in the GIFT Nifty indicate a strong start for the broader index with a gain of 60 points. In a stellar session on March 1, the Indian benchmarks hit record highs, with the Nifty closing above 22,300 level. At close, the Sensex was up 1,245.05 points, or 1.72 percent, at 73,745.35.

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In Focus: Jio Financial, Paytm, Axis Bank, Torrent Power and Asian Paint
Sat, Mar 2, 2024 8:39 AM

In Focus: Jio Financial, Paytm, Axis Bank, Torrent Power and Asian Paint

Equity markets had a strong start to March, with indices scaling to record highs. In Saturday's trade, shares of Jio Financial, Paytm, Axis Bank, Torrent Power, among others, will be in focus due to various news developments. Jio Financial has been added to BSE Allcap and LargeMidcap indices in a major rejig. The changes will be effective from March 18.

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WTO: Moratorium on e-commerce tariffs extended by 2 years
Sat, Mar 2, 2024 8:39 AM

WTO: Moratorium on e-commerce tariffs extended by 2 years

The World Trade Organisation's 13th Ministerial Conference (MC13) failed to resolve WTO's dispute resolution mechanism and agreed to maintain the current practice of not imposing customs duties on electronic transmissions for two more years, after which it will expire. Both of these decisions did not go India's way. While the South Asian nation was pushing for a resolution on WTO.

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Stocks climb, yields fall as data supports rate cut
Sat, Mar 2, 2024 8:35 AM

Stocks climb, yields fall as data supports rate cut

A global equity index scaled a record high while Treasury yields fell sharply on Friday after weak U.S. economic data and comments from Federal Reserve officials bolstered expectations for interest rate cuts later this year. The Institute for Supply Management (ISM) said its manufacturing PMI fell to 47.8 last month from 49.1 in January, the 16th straight month that the PMI remained below 50.

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Stock market today: Nine stocks to buy or sell during special trading
Sat, Mar 2, 2024 8:32 AM

Stock market today: Nine stocks to buy or sell during special trading

Day trading guide for Indian stock market today: The impressive real Q3 GDP numbers of India provided the ammunition to the bulls to catapult key benchmark indices of the Indian stock market to all-time highs. The Nifty 50 index gained 355 points and closed at the 22,338 level, the BSE Sensex shot up 1245 points and ended at the 73,745 mark whereas the Bank Nifty index finished 1166 points high.

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GIFT Nifty up 60 points; here's the trading setup for today's session
Sat, Mar 2, 2024 8:30 AM

GIFT Nifty up 60 points; here's the trading setup for today's session

Domestic equities surged to a new high after India's Q3 GDP saw an impressive growth rate driven by robust manufacturing, highlighting the inherent strength of the economy.It is an unusual trading day on Saturday for investors with a special live session being conducted to assess the disaster recovery system. Analysts expect the ongoing momentum to continue going forward.

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Torrent Power wins bid to supply gas-based power during crunch period!
Fri, Mar 1, 2024 10:27 PM

Torrent Power wins bid to supply gas-based power during crunch period!

Private power company Torrent Power Limited (TPL) has emerged successful under competitive bidding, and received Letter of Award from NTPC Vidyut Vyapar Nigam Limited (NVVN) on March 1 for supply of power from its gas-based power plant during the crunch or high-power demand periods in the impending summer. The crunch period has been projected to be between March 16 to June 30.

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Dollar gains on yen on cautious BOJ, dips against euro
Fri, Mar 1, 2024 10:24 PM

Dollar gains on yen on cautious BOJ, dips against euro

The dollar gained against the Japanese yen on Friday after Bank of Japan (BOJ) governor Kazuo Ueda said it was too soon to declare victory on inflation, but dipped against the euro after weaker than expected U.S. economic data. In cryptocurrencies, bitcoin held just below a more than two-year high reached on Wednesday.

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FIIs infuse over  ₹870 crore in cash markets despite high US bond yield!
Fri, Mar 1, 2024 10:24 PM

FIIs infuse over ₹870 crore in cash markets despite high US bond yield!

Foreign institutional investors (FIIs) were net buyers in Indian markets this week as domestic equity benchmarks Sensex and Nifty 50 touched record highs buoyed by strong macroeconomic indicators. On the other hand, domestic institutional investors (DIIs) were net buyers and strong domestic inflows counterbalanced the minimal outflows by foreign investors.

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JSW Steel to invest  ₹1,282 cr to relaunch its Italian steel mills!
Fri, Mar 1, 2024 10:24 PM

JSW Steel to invest ₹1,282 cr to relaunch its Italian steel mills!

New Delhi: Sajjan Jindal-led JSW Steel, on Friday, announced that it is going to invest €143 million, or about ₹1,282 crore, to help relaunch its Italian steel mill in Piombino. The company in a press release said that its subsidiary, JSW Steel Italy SRL, has signed a Memorandum of Understanding (MoU) with the Italian authorities to relaunch the site.

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Gold advances to 4-week peak as US rate cuts expected soon
Fri, Mar 1, 2024 9:51 PM

Gold advances to 4-week peak as US rate cuts expected soon

Gold started March on a positive note, with prices rising to a four-week high on Friday after data showing signs of abating inflation hardened expectations of a U.S. rate cut by June. Spot gold edged up 0.6% to $2,054.69 per ounce by 9:29 a.m. ET (1429 GMT), its highest since early February and on track for a second straight weekly rise. U.S. gold futures firmed 0.4% to $2,063.70.

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Ahead of Market: 10 things that will decide D-Street action on Saturday
Fri, Mar 1, 2024 9:40 PM

Ahead of Market: 10 things that will decide D-Street action on Saturday

Domestic benchmark equity indices Nifty50 and Sensex closed with fresh record highs on Friday, as faster-than-expected domestic economic growth and in-line US inflation data boosted investors' sentiment.On the day, Nifty50 rose 1.62% to close at 22,339, notching record highs for the eleventh session in 2024. The Sensex also hit an all-time high and added 1.72% to 73,745.

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NSE crosses 9 crore unique investors mark
Fri, Mar 1, 2024 9:40 PM

NSE crosses 9 crore unique investors mark

The National Stock Exchange (NSE) on Friday said its unique registered investors have surpassed 9 crore, with the latest 1 crore additions taking place in just five months. The investor base has seen more than three-fold jump in the last five years, facilitated by rapid growth in digitisation, rising investor awareness, financial inclusion, and strong market performance.

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