[ad_1] Mumbai, Noted banker KV Kamath, who now chairs the National Bank for Financing Infrastructure and Development (NaBFID), expects the digital sector to contribute a quarter of the incremental GDP by the time the economy becomes a USD 7 trillion giant by FY29. Currently, the contribution of the digital economy Read more…
[ad_1] As global cues turned negative and concerns over continued monetary tightening weighed, Indian indices ended Friday’s session on a weak note. Nifty ended over 0.5% lower at 17,944, while Sensex also lost 0.52% to close at 61,002.5. Broader markets, meanwhile, underperformed their headline peers, with Nifty Midcap 100 falling Read more…
[ad_1] Benchmark equity indices pared most of their intraday losses helped by upbeat November services activity data and ended flat on Monday. The 30-share Sensex ended 34 points lower at 62,835, while its broader peer Nifty 50 ended at 18,700 level. In the Sensex pack, , , , Dr Reddys Read more…
[ad_1] Benchmark equity indices closed lower on Friday after 8 days of non-stop rally, as the spectre of recession came back to spook investors, who got busy securing profits ahead of US payrolls data in the anticipation of more cues on a shift in the Federal Reserve’s rate-hike plans. The Read more…
[ad_1] Indian equity indices touched fresh all-time highs and closed higher for the sixth straight session on Tuesday, led by IT and FMCG stocks. The 30-share Sensex ended 177 points higher at 62,682, while its broader peer Nifty 50 ended above the 18,600 level after touching a new peak of Read more…
[ad_1] It was yet another fantastic day for the banking pack on Dalal Street, as the Nifty Bank index surpassed the 43000-point mark for the first time ever on Thursday and notched more than 4% gains in the November derivative series. This is the second straight series of gains for Read more…
[ad_1] In tandem with weak global cues, key equity indices snapped 2-day gaining streak and ended lower on Thursday, led by HDFC twins and IT stocks. The 30-share Sensex ended 230 points lower at 61,750 while its broader peer Nifty 50 ended just above the 18,350 level. Among Sensex stocks, Read more…