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Moody’s Investors Service: India’s growth to be 13.7% in 2021-22

Moody's Investors Service expects the Indian economy to grow by 13.7 per cent in the next financial year (2021-22). It said a 7 per cent decline could be recorded in the current financial year.

Moody’s Investors Service expects the Indian economy to grow by 13.7 per cent in the next financial year (2021-22). It said a 7 per cent decline could be recorded in the current financial year. With the launch of the Kovid-19 vaccination, confidence in the markets is on the rise and growth is picking up as…

Stock Market Review: Sensex Rises 51000 points, Nifty Rises 15000 points up

Stock Market Review; The Sensex opened positive at 51,207.61 points in the morning. It touched a high of 51,386.12 points on buying support.

Stock Market Review: The indices ended in gains for the third day in a row. Positives in international equity markets led domestic markets on Thursday on the back of termination of monthly F&O contracts. In Wednesday’s trade, foreign institutional investors bought shares worth Rs 28,739.17 crore. Moody’s forecast that India’s growth rate will be 13.7…

Thrusday market Closed: Nifty bank shines; Sensex up by 484 points

Market Closed 23-04-2020 @ 03:30 p.m Sensex closed the day 484 points, or 1.54 percent, higher at 31,863.08, while Nifty finished at 9,313.90, up 127 points, or 1.38 percent. Nifty Bank helped the market to keep the gains, with Kotak Mahindra Bank advancing more than 8%, followed by ICICI Bank (4.4%) and HDFC Bank (2.5%).…

VIP Industries share tanks 4 percent post Q4 earnings

VIP Industries share tanks 4 percent post Q4 earnings, "Overall expense is down by 29% as compared to last year Q4 (Rs.103 Cr vs. Rs.146 Cr in last year Q4).

VIP Industries share declined 4 per cent to hit an intraday low of Rs 349.60 after the company reported weaker-than-expected earnings for the quarter ended March 2021. VIP Industries share tanks 4 percent post Q4 earnings; The company reported a consolidated net loss of Rs 3.78 crore for Q4 FY21 compared to a net profit…

Blood Bath: Sensex Lost 882 pts; nifty down by 258pts

Top Gainers are Dr Reddy's Laboratories, Cipla, Britannia Industries, Wipro and Infosys in NSE.

MUMBAI: Indian stock markets fell sharply on Monday. Investors are deeply concerned in the wake of corona second wave and lockdowns. As a result, the Sensex, which opened negatively at 47,940 in the morning, plunged 1,470 points to hit a low of 47,362. The Nifty, which started trading at 14,306, fell 426 points to hit…

Quarter for Indian IT Services given ⁠all eyes are now on Guidance

As 2021 unfolded, Indian IT Services majors including Tata Consultancy Services (TCS), HCL Technologies, Infosys, Wipro and Tech Mahindra.

As 2021 unfolded, Indian IT Services majors including Tata Consultancy Services (TCS), HCL Technologies, Infosys, Wipro and Tech Mahindra — the top five players in the software and services industry — reported the best quarter in a decade. It turns out that the market expects the following three months, January to March 2021, to be…

Goldman Sachs raises RIL Share target price

Goldman Sachs has raised the Reliance target price of its shareholding. It also increased its revenues for the next fiscal year.

International brokerage firm Goldman Sachs has raised the target price of its shareholding in the domestic private sector giant Reliance. It also increased its revenues for the next fiscal year. Average revenue for user (ARPU) growth is likely to increase with tariffs recently raised on call and data. Movement of subscribers from other networks, as…