India happens to be the 3 largest automobile market in the world. From April 2022 to March 2023, the automobile industry produced a total of 25.93 million vehicles, which included passenger cars, commercial vehicles, tricycles, two-wheelers, and quadricycles. Given that it is the world’s largest tractor, 2nd largest bus, and 3rd largest heavy truck producer, …
Indian benchmark indices kicked off the trading session with a bang, soaring to record highs with robust gains. The surge attracted global investors following exit polls predicting a historic third-term victory for the BJP. Most sectors demonstrated resilience, while the power, utilities, energy, and capital goods sectors reached new heights. At 11:00 am, the BSE …
Market Surge Following Exit Polls On the heels of exit polls predicting a landslide victory for the NDA, the Indian stock markets opened at record highs. Both the Nifty 50 and Sensex surged nearly 3%, reaching record highs of 23,338.70 and 76,738.89, respectively. The market’s strong performance reflects investor optimism spurred by the anticipated political …
Indian Market Soars on Exit Polls The Indian market is witnessing a significant surge on Monday following exit polls projecting that the NAD alliance could secure 350-370 seats, potentially facilitating the formation of a government for a third consecutive term. Market participants are buoyed by the prospect of a stable government at the center, anticipating …
On Monday, the benchmark indices were trading in the green with the Sensex up around 2,100 points or 2.86% at 76,100, while the Nifty-50 was up around 657 points or 2.92% at 23,188. About 2,802 shares have advanced; 842 declined and 163 are unchanged on the BSE. The BSE Sensex Index made an all-time high …
India’s pharmaceutical industry stands as a model of innovation and affordability, earning global recognition as the largest provider of generic drugs worldwide. Having an extensive history of innovative findings and remarkable progress, the Indian pharmaceutical sector has emerged as a cornerstone of the nation’s economic landscape. This blog will explore the market size, export achievements, …
The NSE benchmark Nifty50 index has trimmed its early gains and is seen trading flat, up by 33 points at 22,522 level. Selling pressure in Bharti Airtel, Kotak Bank and SBI weighed down the index. The Bank Nifty has slipped 500 points from its day’s high and is seen trading down by 0.10% at the …
On Friday, the benchmark indices were trading in the green with the Sensex up around 314 points or 0.42% at 74,215, while the Nifty-50 was up around 88 points or 0.40% at 22,576. About 1,702 shares have advanced; 1,430 declined and 107 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
On May 31, 2024, Gateway Distriparks Limited (GDL), a leading multimodal logistics company in India, announced its results for the quarter and year ended March 31, 2024. Quarterly Performance During the quarter ended March 31, 2024, the company reported a 2.25% fall in total revenue to ₹382.04 crore. In addition, EBITDA for the quarter amounted …
Benchmark indices Nifty50 and Sensex ended the day in green. Nifty 50 gained 42.05 points to reach 22,530.70. Sensex increased 75.71 points from the previous day’s close, reaching 73,961.31. But what caught the investors’ attention is the run in Adani stocks. All Adani stocks have turned green, supported by strong volumes. Let’s look at how …
