Banking stocks recorded significant gains on Monday, March 24, 2025, propelling the Nifty Bank index into the green territory for the eighth consecutive session. The index rose by 2% to reach 51,621 in morning trade, marking its highest level since early January when it last crossed the 51,500-mark. The rally comes amid a broader uptrend in the …
On Monday, the Indian benchmark index Nifty 50 opened at 23,515.40 and was at 23,629.00, up by 1.19%, as of 11:30 AM. As of the same time, it touched the day’s high so far at 23,638.90. Banking stocks are driving the rally, with the Bank Nifty, Nifty Private Bank, and Nifty PSU Bank indices surging …
Foreign portfolio investors (FPIs) have continued to cut their exposure to Indian equities as concerns grow over a potential economic slowdown in the US and reduced discretionary spending by global software clients. This has led to significant outflows from key sectors, particularly IT, FMCG, and automobiles. IT Sector Hit Hardest by FPI Outflows In the …
The week ending March 21, 2025, has seen the market favourable for the bull, whereby NSE and BSE have ended in green for all 5 days. On March 17, NSE and BSE ended in green with a rise of 0.50% and 0.46%, respectively. The gain in the market continued till March 20, 2025. The market …
On March 21, the Nifty index closed at 23,350.40, reflecting a gain of 159.75 points or 0.69%. Meanwhile, the BSE Sensex ended at 76,905.51, marking an increase of 557.45 points or 0.73%. Top Gainers of the Day Symbol LTP (₹) % Change Volume SBILIFE 1549.75 3.43 19,77,384 NTPC 353 3.29 3,64,04,974 ONGC 242 2.72 2,92,77,680 …
The Indian stock market extended its winning streak for the fifth consecutive session on March 21, 2025, with benchmark indices recording their strongest weekly performance in more than 4 years. The BSE Sensex touched a high of 77,042 before closing at 76,906, gaining 557 points for the day. Over the week, the Sensex surged by …
In a strategic move to reinforce India’s dynamic startup landscape, the Department for Promotion of Industry and Internal Trade (DPIIT) has entered into a partnership with YES Bank. This collaboration is designed to provide vital support to product-based startups, aiming to bridge the gap between innovation and commercial scalability. The share price of Yes Bank …
The Department for Promotion of Industry and Internal Trade (DPIIT), under the Government of India, has signed a Memorandum of Understanding (MoU) with Kyndryl Solutions Pvt. Ltd. to support the growth of startups in the manufacturing and IT sectors. The goal is to help early-stage companies build scalable digital solutions by offering technical and operational …
The Securities and Exchange Board of India (SEBI) is preparing to introduce a settlement scheme for stock brokers who received show-cause notices related to their association with unregulated algorithmic trading platforms. The scheme will be presented to SEBI’s board on March 24 as an information memorandum and is expected to be notified soon after. Low …
Eli Lilly has introduced Mounjaro (tirzepatide), a once-weekly injectable drug approved by the Central Drugs Standard Control Organisation (CDSCO), for the treatment of type 2 diabetes and weight loss in India. The drug is expected to be available in pharmacies across the country in the coming weeks with a valid prescription. Dual Receptor Mechanism Mounjaro …
