The NSE benchmark Nifty50 index started on a lower note on January 13, 2025, slipping below the critical 23,200 mark during intraday trading. While it managed to recover marginally from the intraday lows, trading above 23,200, the index remained down by 207 points or 0.88% as of 11:53 am. Market Breadth: Declines Dominate The market …
India’s renewable energy sector achieved a historic milestone in 2024 with a record capacity addition of approximately 30 GW. This represents a 113% increase from the 13.75 GW added in 2023, as per data from the Ministry of New & Renewable Energy. The achievement highlights the nation’s accelerating efforts to transition to clean energy and …
Leah and Maya Tata, the daughters of Tata Trusts Chairman Noel Tata, have been inducted onto the board of trustees of the Sir Ratan Tata Industrial Institute (SRTII), a key subset of Sir Ratan Tata Trust. The trust is one of the two principal shareholders of Tata Sons, the holding company of the Tata Group. …
Asian stock markets saw early declines on Monday as robust US jobs data prompted traders to reassess the Federal Reserve interest rate cuts timeline. Higher crude oil prices and renewed strength in the US dollar added to market pressures. Indian Equity Markets Open Lower Indian benchmark indices began the week on a weaker note: NSE …
India is poised to sign a preliminary agreement with Mongolia, paving the way for cooperation in geology and exploration, as per news reports. This development is expected to bolster India’s access to copper and coking coal, which are crucial for its growing energy, construction, and steel sectors. A Strategic Partnership The proposed agreement has been …
The Indian benchmark indices NSE Nifty 50 and BSE Sensex witnessed heightened volatility during the week ended Friday, Jan 10, 2024. The week started with extreme selling pressure on Jan 6, 2024, when Nifty 50 and Sensex dropped 1.62% and 1.59%, respectively. The selling was primarily caused by the increase in HMPV cases, FPI selling, Donald Trump’s expected return …
On January 10, 2025, the BSE Sensex ended in red closing at 77,378.91, down by 0.31% and the NSE Nifty50 closed at 23,431.50, declining by 0.4%. Sectoral Performance On Friday, Nifty Media, Nifty Midsmall Healthcare and Nifty Realty ended in the red. Nifty IT ended in the green, where it rose by over 3%. Top Gainers and …
Real estate fractional ownership platform Strata has officially received a licence from the Securities and Exchange Board of India (SEBI) to launch small and medium-scale real estate investment trusts (SM REITs). This marks a significant milestone for the platform in expanding its investment offerings. Strata’s SEBI licence is the fourth granted by the capital market …
The Indian equity markets closed in negative territory on Thursday, January 9, 2025, with the NSE Nifty 50 falling 162.45 points (0.69%) to settle at 23,526.50 during the weekly expiry session. Broader indices mirrored the downtrend, led by declines in Small-cap and Midcap stocks. Among sectoral indices, FMCG emerged as the sole gainer, while Realty, …
India Exim Bank has raised USD 1 billion through 10-year USD-denominated bonds in the international market. This marks the first dollar bond issuance by an Indian entity in 2025. The issuance was carried out in the 144A/Reg-S format, which facilitates trading among Qualified Institutional Buyers (QIBs) without SEC registration under Rule 144A and trading outside …
