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It will take LIC#39;s stake in the private sector bank to 9.99 percent. The insurer has to complete the transaction by January 24, 2025

It will take LIC#39;s stake in the private sector bank to 9.99 percent. The insurer has to complete the transaction by January 24, 2025

Experts feel 21,000 is expected to be key to watch in the current week, which is full of events including interim budget, and FOMC meet outcome, while on the higher side, 21,500 is likely to be key hurdle, followed by the resistance of 21,700 levels.

A long-standing ask of Indian startups and companies wishing to tap global pools of capital has been accomplished by allowing them to offer their securities on permissible international exchanges in GIFT IFSC. This internationalisation of Indian equities also solves two complaints global investors had: interface with tax authorities, and currency conversion friction

The proceeds from the transaction will further strengthen our balance sheet, the company said.

A fiscal deficit of 5.3 percent of GDP in 2024-25 would mean a 60-basis-point reduction in the fiscal deficit from this year#39;s Budget estimate, which economists widely expect the Nirmala Sitharaman-led finance ministry to meet.

According to a Moneycontrol survey, economists see the interim Budget targeting a capital expenditure of around Rs 11.2 lakh crore for 2024-25.

According to a Moneycontrol survey, economists see the interim Budget targeting a capital expenditure of around Rs 11.2 lakh crore for 2024-25.

The FACT price is trading above the breakout from ascending triangle pattern, signalling a bullish bias. The closing above its previous high and record high closing indicate strength in the stock.

The levels to monitor in the Budget week are around the psychological mark of 21,000, coinciding with 50-SMA. In the case of any negative surprises, Nifty may decline towards 20,800 or even towards the bullish gap of 20,500.