Indraprastha Gas board approves 1:1 bonus share issue
A 1:1 bonus issue means the company grants one additional share for each share an investor owns. However, the investment’s total value remains unchanged, as the stock price is proportionally adjusted to reflect the increased number of shares.
India to continue resilient growth in 2025, RBI may do modest interest rate easing: S&P
India’s economy is expected to grow. S&P forecasts 6.8% growth this fiscal year and 6.9% next year. Strong urban consumption and infrastructure investment will drive growth. Inflation is expected to decrease. The RBI may ease monetary policy. The current fiscal year’s second quarter growth was 5.4%. Several challenges remain, including weak household balance sheets and […]
Market expects status quo at RBI; individuals are important but ultimately institution matters: Nilesh Shah
Nilesh Shah believes the RBI’s leadership transition won’t disrupt policy continuity. India’s success in reducing debt-to-GDP ratio is lauded, while concerns about consumption are addressed with optimism for a revival in the coming months due to festive spending and government spending. The RBI’s role in balancing growth and inflation is emphasized.
Cholamandalam projects stronger Q3 disbursements despite tepid festive sales
Disbursements will accelerate a bit more in Q4. It will be around this number. AUM growth would be in the range of around 25% is what we are right now targeting.
Betting on infrastructure stocks, not expecting much move in IT: Neeraj Dewan
Market expert Neeraj Dewan expresses optimism for the infrastructure sector, particularly in the latter half of the year. He anticipates improved company performance, increased government spending, and accelerated project execution. Dewan highlights L&T, road construction firms, bitumen suppliers, and the pipe sector as potential benefactors. He also discusses IT, tourism, and Agarwal Industrial Corporation as […]
CPI update: Weights rather than base year to impact inflation, say experts
India’s revised Consumer Price Index (CPI), with a 2024 base year, will be more influenced by changes in item weights than the base year itself. Experts predict a decreased weightage for food, potentially reducing inflation volatility. However, using a high-inflation year as a base could create a downward bias in inflation measurements.
Stocks to buy today: Wipro, M&M among top 9 trading ideas for 10 December 2024
The Indian market is expected to trade higher on Tuesday, supported by positive global cues. Nifty futures closed lower on Monday with a 0.34% loss. Options data suggests a broader trading range of 24,100 to 25,000, with immediate support at 24,500 and resistance at 24,700. Traders can focus on short-term opportunities in selected F&O and […]
From Piggy Bank to Bull Run: 3 signs that middle class is making money in stock market
A recent report from Morgan Stanley reveals a notable trend in wealth accumulation in India over the past decade. Indian households have collectively accumulated $9.7 trillion in wealth. Property remains the primary source of this wealth, though gold and equities have also made substantial contributions. Gold represented 22% of the wealth added over the last […]
Bharat Electronics shares climb over 1% on winning order worth Rs 634 crore
BEL Share Price: The major orders include maintenance of the Akash Missile System, telescopic sights for guns, communication equipment, jammers, electronic voting machines, test stations, spares and services.
Consumption likely to see modest recovery in H2: Radhika Rao, DBS Bank
To make growth more sustainable, authorities will look to make recovery more broad-based, lifting investment growth along with consumption.