Category: Uncategorized

The Nifty scaled a fresh record high of 22,080.20 after the air cleared around two major events — the Interim Budget and the US Federal Reserve#39;s monetary policy meeting

The Nifty scaled a record high of 21812.00 after the air cleared around two major events — the Interim Budget and the US Federal Reserve#39;s monetary policy meeting.

Wipro has the highest number of #39;sell#39; calls from brokerages, at 22. It has 10 #39;buy#39; and 12 #39;hold#39; calls. Tech Mahindra follows with 17 #39;sell#39;, 14 #39;buy#39;, and 12 #39;hold#39; ratings. Next is LTIMindtree, which has 17 sells, 13 buys, and 12 holds.

Bigger and more difficult choices need to be made as a new inflection point emerges in markets

In a post budget commentary, Fitch Ratings Director, Sovereign Ratings, Jeremy Zook said over the next five years, India#39;s government debt-to-GDP ratio would be broadly stable at just above 80 per cent of GDP. This is based on a continued path of gradual deficit reduction, as well as robust nominal growth of around 10.5 per… Continue reading Faster pace of fiscal deficit reduction does not significantly change India#39;s credit profile: Fitch on February 2, 2024 at 5:23 am

NBCC, HUDCO shares their sharp upward on February 2 after FM Nirmala Sitharaman in her Budget speech announced that 2 crore more houses will be taken up in the next five years under PM Awas Yojana (Grameen).

In a post budget interview to PTI TV, Gupta also said the I-T department has set up a demand management centre at Mysuru, Karnataka, which is focusing on disputed pending large tax demands of above Rs 1 crore.

Rating agency Fitch says the interim budget aligns broadly with its expectations, with a slightly faster pace of deficit reduction

for Abbott India, strong demand in the quarter offset the adverse impact of pricing cap on certain drugs

Claymore Investments (Mauritius) Pte Ltd exited the company, selling all of its 1.2 crore equity shares in the Policybazaar parent