During the final trading session of the week, the Nifty index started negatively influenced by global cues. However, it managed to recover from initial losses and reached a new all-time high. Following this remarkable achievement, a sudden wave of profit booking caused a sharp decline, and the index is currently trading near its lowest levels …
Buckle up and forget the snooze-fest of balance sheets; we’re diving into the riveting world of Capex growth. Picture this as the stock market’s version of a blockbuster movie – with Mphasis flexing its Salesforce muscles, Finolex Cables stretching its communication cords, and Century Plyboards planning a boardroom revolution. Grab your popcorn, because these Capex …
The global chemicals sector faces a challenging landscape in 2024, characterized by weak demand and abundant supply, as per Fitch Ratings’ neutral outlook. Despite bottom-of-the-cycle conditions in 2023, the industry is expected to grapple with constrained volumes and margins, with little to no recovery anticipated. High uncertainty further adds complexity to the sector’s trajectory, setting …
Interestingly, the Chemical Sector has attracted Rs 423 crore in investments. DespiteIn stock market participation, Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) hold substantial significance. Their investing patterns wield considerable influence due to their substantial financial capabilities and robust analytical teams. Observing their movements can provide valuable insights, as their entry or exit …
The Indian chemical industry is divided into two main segments: basic chemicals and speciality chemicals. Basic chemicals include petrochemicals, fertilizers, and inorganic chemicals. Speciality chemicals include agrochemicals, pharmaceuticals, and dyes. India is the world’s sixth-largest producer of chemicals and the third-largest producer in Asia. The industry is expected to grow at a CAGR of 9% …
While the near-term outlook for the chemical sector may remain challenging, The chemical sector is a vital cog in the machinery of the global economy. It produces over 70,000 diverse products that touch every aspect of our lives, from the clothes we wear to the food we eat to the medicines we take. However, it …
Defence stocks are the shares of companies involved in the defence industry. These companies primarily focus on manufacturing and supplying products and services related to national defence and security. Defence stocks in India have gained significant attention following Russia’s attack on Ukraine. The invasion has prompted several nations, including India, to increase their defence budgets. …
The Sensex and Nifty are both on a downward trajectory, marking plunge of 1.30% and 1.36%, respectively. In parallel, the Nifty Midcap and Nifty Smallcap segments are also exhibiting lower momentum, with a plunge of 1.88% and 1.20%, respectively. Examining the constituents of the Nifty 50 index, notable gainers include Axis Bank, ITC and HCL …
India is a vast country with a diversified economy consisting of various sectors, each contributing significantly to its overall growth and development. These sectors range from agriculture, manufacturing, and services to infrastructure, healthcare, and tourism, to name a few. As we step into the year 2023, it’s essential to take stock of how these sectors …
Debt always feels burdensome, whether in the real life of an individual or in companies. Although it is also true that to acquire certain assets such as property, machinery, land, or any other assets that are expected to generate profits soon, we use debt for procurement. One of the reasons we opt for debt is …
