Odisha’s surplus budget focuses on agriculture, education and health
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.
Tech View: Nifty forms a long bear candle. What traders should do next week
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
Gainers & Losers: Zee Entertainment among 6 stocks in limelight on Friday
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.
Sensex extends losses to 6th session, declines 142 pts; Nifty below 17,500
Meanwhile, the market capitalisation of all listed companies on the BSE declined by Rs 74,830 crore to Rs 260.07 lakh crore.
Death Crossovers: These 5 stocks signal further bearishness
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.
We expect hybrid funds to probably attract more flows this year: Mahesh Patil
It has impacted the sentiment because that could further impact growth and that is what the market is slightly worried about. But having said that I think overall at least from Indian market perspective we are not seeing any major impact on earnings growth.
RIL-backed co, new-age techies among 41 firms to post losses for 4 straight quarters
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.
ETMarkets Smart Talk: Constructive on India story but equity markets have to deal with these 3 headwinds in 2023: Niraj Kumar
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.
KK Jalan explains what higher pension option means for EPFO subscribers
“If somebody has contributed at a higher wage at that point of time in 2014 and wants to get into the EPS 1995 Scheme, then with the present calculation, if he is retiring at a wage of say Rs 1 lakh, he will get a pension of Rs 50,000. So that way, the pension will […]
Asian markets breath sigh of relief amid Ueda hearing
Japan’s five-year government bond yield fell a little to 0.235%, from the previous close of 0.240%. Ten-year bonds did not trade early on Friday, due to thin liquidly, but bond futures extended gains.