scorecardresearch
Friday, May 10, 2024
TopicIndian Stock Market

Topic: Indian Stock Market

Indian indices record historical high, Sensex touches 74k points for the first time

At 9.27 am, Sensex was at 74,855.12 points, up 112.62 points or 0.15 per cent, while Nifty was at 22,695.80 points, up 29.50 points or 0.13 per cent.

Market Expectations for Q4

Several factors will likely drive asset prices during Q4. Interest rates, economic growth, and seasonal factors.

Jio Financial, a Reliance spin-off, valued at $20 billion, exceeds stock price projections

The stock will be included in major Indian indices, including the benchmark Nifty 50, but will not trade until it is listed, possibly in the upcoming annual general meeting.

Indian online gaming stocks slide after Modi govt imposes 28% tax on customer funds

Some industry representatives said the tax would eat into earnings despite Finance Minister Nirmala Sitharaman saying the decision was taken after consultation with states.

Rakesh Jhunjhunwala was ‘investor with Midas touch’ who never gave up on Indian markets

As an investor, Rakesh Jhunjhunwala understood the capricious and fickle nature of the future he betted on.

On Camera

If the Congress were truly a democratic party, Sam Pitroda would be a nobody

It is obscene that a man so detached from India should occupy such a powerful position in a party that governed India for most of its republican history.

Day after mass sick leave by employees, Air India Express fires crew members, cancels 85 more flights

About 300 employees had called in sick Wednesday, allegedly in protest against mismanagement of airlines. Remaining staff given ultimatum to rejoin work by end of Thursday.

Three Indian Navy ships deployed to South China Sea

Deployment comes at a time when Yuan Wang 03, a Chinese missile and satellite tracking vessel, has entered Indian Ocean Region.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.