According to official data released by the National Statistical Office (NSO) on Monday, June 12, 2023, India has achieved an impressive feat in its economic landscape. Retail inflation has reached a remarkable 25-month low of 4.25% in May 2023, with a notable easing of food prices. This figure represents the lowest retail inflation rate since …
The combined profit of listed Indian firms as a percentage of the GDP rose 2.6 per cent in the fiscal year ended March 2021. India Inc’s net profit to GDP ratio touched a four year peak, an indicator of the rebound of the economy, especially sectors like manufacturing and metals, which were affected by the …
The steel sector is one old economic sector that has seen a lot of economic peaks and troughs. No wonder this cyclical sector is keenly followed by the investor fraternity. As stated earlier, the division has witnessed many cycles of expansion and contraction over the centuries. Also, if one manages to understand the series of …
Overview of Godrej Consumers Sudden Surge Thanks to a shift in leadership, investors and traders trading in the shares of Godrej Consumer Products Ltd has been filled with optimism. Sudhir Sitapati will be appointed managing director and chief executive officer of the company on October 18 for a five-year term. Sitapati’s rich experience of more …
An Overview A day after the administration declared that sixty businesses had been approved for the production-linked incentive scheme for food processing, most constituents of the Nifty FMCG shares index were trading in the positive on December 7. HUL, ITC, Dabur India, Nestle India, Britannia and Tata Consumer have all submitted investment proposals to the food …
While we are discussing the Future Contracts, it is important to understand that the Future Contracts as the name suggests – are for future date and time. However, the futures price mimics the cash price of the stock, commonly known as the spot price. Before we get into those details, let’s first get into the …
Investors put up a staunch fight against the prolonged 4-day fall on Dalal street on Friday resulting in the Sensex bouncing back almost 2,000 to 29,916 points while Nifty made its way to 8,883 points by the closing bell. In the end, all Sensex components other than Indusind Bank and HDFC were trading in green, …
Domestic benchmark indices Nifty and Sensex ended their week-long gaining streak on Tuesday. Although Sensex touched an all-time high in the morning, it slipped 50 points to reach 61,716. Similarly, Nifty 50 dropped to 18,418 at the end of the day after falling from 18,604. Notably, broader markets entered the red zone as Nifty Midcap …
Even though coronavirus-related uncertainties and inflation threatened to take the stuffing out of stocks, markets closed 2021 with over 20% gains. Let’s explore if a bull market retaliation is on the horizon this year, based on a number of rising variables. Will the uptick continue this year? Headwinds in the first half of this year …
The Monetary Policy Committee (MPC) meeting was held today June 8, 2023, to evaluate the prevailing macroeconomic conditions and make informed decisions. After a comprehensive assessment, the MPC has announced that it would maintain the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50%. Similarly, the standing deposit facility (SDF) rate would …
