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India’s economy represented by gross domestic product (GDP) grew 6.3% in the July-September quarter of FY23, helped by strong activity in the services sector, despite manufacturing output contracting unexpectedly. In comparison, the economy had expanded 13.5% in the June quarter ...
Organised electrical and kitchen appliances industry is expected to see higher growth of 8-10% in FY23 as consumers prefer branded products, according to CRISIL Ratings. Moreover, increasing usage of smart technologies, and similar buying behaviour among rural as well as ...
Benchmark indices ended higher after FMCG, metal and pharma stocks gained. The Sensex and the Nifty 50 indices touched fresh all-time highs of 62,887.40 and 18,678.10, respectively. For the day, the Sensex closed 0.28% higher at 62,681.84 and the Nifty ...
Market Opening - An Overview Nifty futures on the Singapore Exchange were trading 0.31% lower at 18,671.50, indicating a negative start for Dalal Street.Japanese markets were trading lower after Federal Reserve officials said that more rate hikes are in the ...
Benchmark indices closed with minor gains as auto and realty stocks advanced. The Sensex inched up 0.03% and the Nifty 50 index rose 0.15%. In broader markets, Nifty Midcap 100 index jumped 0.95% and the BSE Smallcap gained 0.69%. Top ...
The Indian hotel industry is expected to register a significant improvement in profitability in the current fiscal aided by higher average room rate (ARR) and occupancy, according to a report by CRISIL Ratings. Profitability as represented by earnings before interest, ...
Benchmark indices closed lower snapping four-week rising trend as investors booked profits and due to weak global sentiments. For the week, the Sensex lost 0.21% to 61,663.48. The Nifty 50 index declined 0.23% to 18,307.65.Broader markets also mirrored benchmark indices. ...
The Sensex gained modestly, while the Nifty was flat amid volatility in the markets. The Sensex rose 0.17%, while Nifty inched up 0.035. In the broader markets, Nifty Midcap 100 index fell 0.65% and the BSE Smallcap dropped 0.34%.Top gainers ...
Steel industry is expected to grow during the current fiscal with production increasing by 3-5% and the consumption rising by 9-10%, according to CareEdge report. CareEdge said that the steel production grew by 6.4% and consumption rose by 11.4% from ...
As Corporate India has started reporting its second quarter earnings, revenue of Indian companies is expected to rise about 15% year-on-year to Rs 10.2 lakh crore in the second quarter of this fiscal, according to CRISIL rating agency. The rise ...