Fitch, among the 3 top global rating agencies, has lowered the FY23 GDP growth estimates of the Indian economy by 80 bps to 7. The last FY23 estimated made by Fitch in June 2022 had pegged the GDP growth for FY23 at 7.8. The downgrade in growth is

Shares of Mishra Dhatu Nigam are trading at 11 higher on the day. On September 16, the market is trading in red. At 1:15 pm, the S&P BSE Sensex is trading at 59037, 1.5 down. About Sectoral performance, Utilities and Power are outperfo

BDL has soared over 8 during Friday’s trading session. Despite weakness in the Indian market, stock-specific action is seen across midcap and smallcap stocks. The shares of Bharat Dynamics Limited (BDL) have jumped over 8 amid strong buy

On Friday morning, the headline indices Nifty 50 and Sensex plunged over 1 each amidst fears of recession and rising bond yields. The Sensex is trading at 59,320.30, down by 613.21 points or 1.02 and the Nifty was at 17,687.80, down by 183

On Thursday, the Nifty declined over 200 points from the day’s high and settled below the 17,900 mark with a loss of 0.70. For the last three days, the efforts to cross 18,100 have failed. Though the price is above the 17,704 level i.e. the 20-

The stock opened at Rs 1384 and hit an upper circuit by 20 to Rs 1661. Shares of CEAT Ltd increased by 20 on Thursday on BSE. The stock opened at Rs 1384 and hit a high of 20 to Rs 1661. As of now, the market cap of the company is Rs 6718 crore

Apollo Tyres, Poonawalla Fincorp, and Delta Corp have witnessed volume burst in the last 75 minutes of the trade. As the saying goes, the first, as well as the last hour of each trading session, is the most important and active in term

Tamilnad Mercantile Bank shows diverse listing trend on NSE and BSE Tamilnad Mercantile Bank Ltd had a tepid listing on 15th September 2022, listing at a discount of 2.94, but closed the day exactly at the issue price. While the stock did show some

Byju’s India’s largest and most valuable Edtech company announced its annual results for FY21 after a long gap. Eventually, the Ministry of Corporate Affairs (MCA) had to pull up Byju’s for the inordinate 18-month delay in the announcement and

Trade deficit for August lower, but CAD risk still there The good news is that India's merchandise trade deficit for August 2022 at $27.98 billion is lower than the $30 billion reported in July 2022. However, on a yoy basis, this is still much hig

Back in June 2022, when the wholesale price index (WPI) inflation in India had touched 16.23, all hell had broken loose. However, over the next 2 months between June and August the WPI inflation has progressively come down to 13.93 in July 2022 and

One of the top investment houses in the world, Goldman Sachs, has turned cautious on the Indian IT sector. The margin problems at IT were there for some time, but that is not the reason Goldman is worried about this sector. The concern is over the to