HSBC Forecasts Sensex to Reach 90,520 by 2025
HSBC has forecasted that the Sensex could reach 90,520 by the end of 2025, signaling a potential upside of approximately 15% from current levels. This optimistic outlook is underpinned by…
CLSA Backs India: A Bullish Outlook
CLSA’s top strategist, Alexander Redman, makes a strong case for investing in India, highlighting its robust growth potential and favorable market conditions. Amidst global economic uncertainties, India emerges as a…
Crypto Market Surges Past $3T on Trump Re-Election Hopes
The global cryptocurrency market recently surged past the $3 trillion mark, driven by optimism surrounding Donald Trump’s re-election and his perceived pro-crypto stance. Bitcoin hit an all-time high, nearing $92,000,…
Rs 1,300 Crore Deal: Agro Tech Expands Portfolio with Del Monte
Agro Tech Foods, which is rebranding itself as Sundrop Brands, has announced its acquisition of Del Monte Foods’ Indian business from Bharti Enterprises in a deal valued at approximately ₹1,300…
Eicher Motors Q2 Preview: Strong Growth Ahead
Eicher Motors is expected to deliver a solid performance in Q2 FY24, with revenue likely to increase by around 12% year-on-year, driven by a better product mix and strong growth…
Diwali Muhurat Trading 2024: Significance, Samvat 2081 Details
The Diwali Muhurat trading session for Samvat 2081 will be held on Friday, November 1, 2024, on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). This session,…
Jabil Expands in India to Support Apple Production
Jabil, a key supplier for Apple, is investing $275 million to establish two new facilities in India. This expansion aims to support Apple’s growing demand for local production, aligning with…
Hyundai Motor IPO Listing on BSE & NSE After 237% Subscription
The IPO of Hyundai Motor India Ltd (HMIL) has been a subject of much anticipation and speculation. While the strong subscription rate from institutional investors is encouraging, the relatively subdued…
China’s Q3 GDP Grows 4.6%, Surpassing Economists’ Forecast
In Q3 2024, China’s economy grew by 4.6% year-over-year, slightly surpassing analysts’ forecasts. While this reflects economic resilience, quarter-on-quarter growth slowed to 0.9%, indicating challenges in reaching the government’s 5%…
Indian Stock Market Plunges: Nifty Down 330 Points
The Indian stock market is currently trading in the red. The Nifty is down 0.13% at 24,650, and the Sensex is down 0.08% at 330 points. All the sectoral indices…