scorecardresearch
Friday, April 26, 2024
TopicIndian market

Topic: Indian market

2 weeks after budget, stock markets in free-fall, Rs 2.8 lakh crore market cap wiped out

Nirmala Sitharaman’s refusal to offer any respite to foreign portfolio investors from the super-rich tax has made the markets slump to a 2-month low.

Sensex crashes over 900 points, Nifty cracks below 11,600 amid global equities selloff

Monday afternoon trade was dragged by losses in index heavyweights HDFC Bank, L&T and Bajaj Finance. Traders also indicated that several Budget proposals was weighing on investor sentiment.

Indian equities hit new record hoping Modi will revive growth

There is continued optimism that arresting economic slowdown & nursing financial sector back to health will be immediate priorities of Modi’s new govt.

Market opens cautiously as India sees day 1 of voting in Lok Sabha elections

The rupee depreciated 4 paise to 69.15 against the US dollar in early trade on Thursday.

Banking big-wigs turn to self-employment as Indian credit markets look worse than ever

The bankers branching out say that the recent market turmoil has created the need for a more boutique approach to navigating the credit markets.

The hurdle is high for Indian markets even if Modi wins again

Modi, or whoever wins power, must use the mandate to create jobs and fix the plumbing of the financial system, investors say.

Amazon shares drop on concerns of rising costs, India growth

A tight labor market, rising shipping costs and money-losing investments abroad remain threats to Amazon.com Inc.

Singapore Exchange delays new India futures after lawsuit

The dispute between bourses of the two countries threatens to leave global investors without an easy way to safeguard their exposure to the Indian stock market. 

Walmart-Flipkart deal is a reminder that India is as hostile as China to foreign businesses

Considering the fact that Walmart has failed to build up its own Indian business in 11 years, the deal represents a second-best outcome at most.  Walmart...

India and China are throwing their doors open to foreign money, but cautiously

India, China & Malaysia want to be full-fledged members of the global financial system but insist on regulatory systems designed to ensure tight control.

On Camera

Maps from a German bookstore started the race to Siachen Glacier

German mountaineers Stallbohm and Poncar recall their interactions with Col. Narendra ‘Bull’ Kumar and shed light on the maps they gave him which drew his attention to Siachen.

Kotak Mahindra Bank shares drop 10% after RBI bans it from taking new customers via digital channels

The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.

Rafale to Exercise Garuda, a look at Indo-French defence ties as Chief of Defence Staff visits France

Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.