Reseñas

“At a meeting with Indian Finance Minister Nirmala Sitharaman, both sides agreed to make further progress on the UK-India Free Trade Agreement and deepen bilateral economic and financial ties,” the Treasury department said in a statement.

Odisha finance minister Niranjan Pujari said the state has grown at an average of 8.1 per cent for the past eight years while presenting the budget. Odisha is one of the few states with surplus revenue of ₹26,739 crore accounting for 3.1 per cent of the GSDP.

He said Nifty is now placed near the crucial support of 17,450-17,500 levels and that there is no sign of any reversal pattern unfolding at the lows. A new swing low has been formed at 17,421 levels

Nifty ended below 17,500 levels, dropping 0.26% or 45 points, while Sensex fell 0.24% or 142 points to close at 59,464.

Meanwhile, the market capitalisation of all listed companies on the BSE declined by Rs 74,830 crore to Rs 260.07 lakh crore.

In the NSE list of stocks, five stocks with a market cap of over Rs 1,000 crore have been witnessing Death Crossovers, according to stockedge.com’s technical scan data.

RIL-promoted Alok Industries, Bombay Dyeing and Manufacturing Co, Wockhardt, Suven Life Sciences, Spencer’s Retail, Inox Wind, Sagar Cements, Restaurant Brands, Religare Enterprises, and Orissa Mineral Development Co, among others also remained in the red for 4 straight quarters.

No one is out there would like to do any kind of hires which are not extremely-extremely need based. I mean, if you can postpone that decision, people are willing to postpone that decision. So it is completely something which is out of the way right now. So those are Continue Reading

Over the past 12 months, Indian equity markets have weathered numerous adverse events like the Russia-Ukraine conflict, surging energy costs (Crude oil & Natural gas), unprecedented inflation in the developed world and consequent aggressive global monetary tightening etc.

Mutual funds houses have also realized that they cannot afford to miss the rising share of passive products in investors’ portfolios. The number of passive schemes have increased almost 3-fold from 133 in 2019 to 364 as of today.