New Delhi , 5 July 2024 :- HDFC Bank Ltd, India’s third most-valued stock, experienced a significant decline, dropping over 4% on Friday. This resulted in a loss of Rs 53,000 crore in market capitalisation following the lender’s business update for the June quarter concerning loans and advances and deposit growth. Historically, the June quarter…
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Benchmark equity indices declined due to profit-taking following a record rally in recent sessions and selling in blue-chip stocks. The BSE Sensex was down 510 points or 0.64%, trading at 79,538, while the Nifty fell 88 points or 0.36%, standing at 24,214 at the time of the latest reports.
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India’s coal production for June 2024 has reached 84.63 million tonnes, with a growth rate of nearly 15 per cent compared to the corresponding period in the previous year. The Ministry of Coal informed that during June 2024, Coal India Limited (CIL) achieved coal production of 63.10 million tonnes (which is a provisional figure), marking…
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The Sensex opened this morning, it crossed the 80,000 mark for the first time. At midday, it was trading at 79.884, up over 440 points. In the first trade, Nifty reached a new all-time high as well.
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New Delhi , 3rdJuly2024:- Charu Srinivasan, Corporate Vice President at Microsoft, is not only coding the future but also shaping it. Leading Azure Core and Cloud and AI initiatives, she brings decades of experience to her role, emphasizing that success isn’t just about product launches but about the lives empowered by technology. Her mission is…
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Domestic benchmark indices climbed in early trade today, with the Sensex at the Bombay Stock Exchange hitting a fresh all-time high. The 30-share index rose by 135 points to reach a new high of 78,188. The Nifty also increased by 28 points to 23,749. However, both benchmark indices later encountered volatile trends, fluctuating between highs…
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RBI Governor Shaktikanta Das has announced that India is on the verge of a significant structural shift in its growth trajectory, aiming for a sustained 8% GDP growth rate. Speaking at the 188th Annual General Meeting of the Bombay Chamber of Commerce and Industry in Mumbai, Mr. Das highlighted India’s multi-sectoral growth driven by various…
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Mumbai, June 24,2024:The Rupee gained three paise to reach 83.52 against the USD in Monday’s opening trade. This increase was driven by selling of USD by bankers and importers, according to dealers at the Foreign Exchange. The local currency strengthened due to a weak Dollar against other world currencies, coupled with a weak opening in…
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Foreign investors have made a stellar comeback to Indian equity markets with an 11,730 crore rupee inflow. After several months of selling, the trend reversed last week when Foreign Institutional Investors (FIIs) began investing in Indian equities. In May, FIIs had sold more than 40,000 crore rupees worth of equity, marking the highest figure for…
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India’s benchmark equity indexes posted gains on Friday amid mixed global signals, while in the broader market on the BSE, midcap and smallcap stocks rose over 1% each. The Sensex rose 182 points or 0.24% to close at 76,992. The Nifty rose 67 points or 0.29% to close at 23,465. In the forex market, the…
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