Nifty hits fresh all-time high of 22,779, Sensex nears lifetime peak
April 30, 2024 14:45 ISTFrom the Nifty-50 pack, Mahindra & Mahindra, IndusInd Bank, Power Grid and Hero MotoCorp were the major gainers.
From the Nifty-50 pack, Mahindra & Mahindra, IndusInd Bank, Power Grid and Hero MotoCorp were the major gainers.
As May unfolds, several financial changes are on the horizon, impacting mutual fund investors and banking customers alike. While not as transformative as previous months, these changes demand attention and awareness.
Bank holidays May 2024: The Reserve Bank of India shared the list of bank holidays for the upcoming month which includes Sundays, second and fourth Saturdays as well as a list of public holidays.
Google has launched another round of layoffs affecting teams such as Python, Dart, and Flutter, as part of a reorganisation strategy aimed at enhancing efficiency. Unlike previous layoffs due to dissent and misconduct, this move focuses on restructuring to align resources with core priorities.
The early gains in both Sensex and Nifty suggest a positive outlook for the stock market, with investors anticipating continued momentum and favorable trading conditions throughout the session.
Indian stocks started the week on a positive note, riding on the coattails of a strong performance in US markets and improved investor sentiment. With the Sensex rising by 411 points and the Nifty climbing 53.70 points in early trade, sectors like the Nifty Bank emerged as top movers.
Despite the potential for intervention, analysts remain doubtful about its effectiveness. Tapas Strickland from the National Australia Bank highlighted that macroeconomic fundamentals do not currently support a significant shift towards a hawkish monetary stance.
During the reporting quarter, the loan growth was driven by retail at 19.4 per cent, and the proportion of such loans has grown to 54.9 per cent of the overall pie.
Oman is important to India as it provides the gateway to the Strait of Hormuz, a major transit point for global shipments. The planned deal with Oman also gives a competitive edge to India as the Gulf Cooperation Council negotiates with Pakistan and India.
Go First case: The high court pronounced judgement on petitions by several lessors seeking de-registration of their planes by aviation regulator DGCA so that they could take them back from the airline.
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