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Indian IT services industry is expected to see a growth slowdown in the near to mid term due to macroeconomic headwinds resulting in lower discretionary IT spends, rating agency ICRA said in a report. ICRA expects revenue to grow moderately ...
Market Opening - An Overview Nifty futures on the Singapore Exchange were trading 0.55% higher at 17,858, signalling that Dalal Street was headed for a positive start on Tuesday.Asian stocks were trading higher as technology stocks gained and investors awaited ...
Benchmark stock indices closed lower as investor were worried about more rate hikes after the latest US jobs report and weak global cues. The Sensex fell 0.55% and the Nifty 50 index dropped 0.50%.In broader markets, the Nifty Midcap 100 ...
Benchmark stock indices ended in the green during the budget week as investors and Corporate India welcomed the Union Budget 2023-24 tabled by Finance Minister Nirmala Sitharaman.Investors’ confidence was boosted after the central government announced a slew of measures to ...
Benchmark stock indices ended in the green, aided by strong gains in financial services, banks and auto shares. The Sensex gained 1.52% and the Nifty 50 index closed 1.38% higher.In broad markets, Nifty Midcap 100 index fell 0.18%, while BSE ...
Market Opening - An Overview Nifty futures on the Singapore Exchange were trading 0.36% higher at 17,702, signalling that Dalal Street was headed for a positive start on Friday.Japanese shares were trading higher with the Nikkei 225 index rising 0.43% ...
Sensex ended in the green as IT and FMCG stocks rose, while Nifty ended flat as the rout in Adani Group stocks continued, wiping off $100 billion in market value. Meanwhile, share prices of insurance companies fell after the budget ...
Benchmark equity indices ended mixed in a choppy session on Wednesday as the Finance Minister Nirmala Sitharaman tabled the Budget 2023 in the parliament today. Nifty ended in the red as public sector bank and metal stocks slumped. The Nifty ...
Indian indices tanked on severe selling pressure as Adani Group stocks plunged after a report by Hindenburg Research accused the group of improper use of offshore tax havens and raised concerns over the group’s high debt. In addition, heavy losses ...
Indian fertiliser companies are likely to see an improvement in profitabilty helped by moderation in global prices and Government subsidies, according to rating agency ICRA. The rating agency expects profitability for phosphatic fertiliser manufacturers to improve at the current nutrient-based ...