Sensex zooms 363 pts on 1st day of FY25, Nifty tops 22,450; SmallCap index rallies 3%

Stock market highlights on Monday, April 01: Among sectors, the Nifty Media index jumped 4.7 per cent, the Nifty Metal 3.62 per cent, and the Nifty Realty 4.21 per cent

8:40 AM

Statsguru: Six charts show rising India's foreign exchange reserves

India's foreign exchange reserves have doubled in the past decade. The cushion means better external debt metrics and a more stable currency, particularly compared to the volatility seen during the taper tantrum episode of 2013, according to a Business Standard analysis. READ MORE

8:35 AM

Clear skies ahead: IndiGo sets the course for strong growth altitudes

The stock of InterGlobe Aviation (IndiGo) has reached its all-time high on expectations of double-digit growth in 2024-25 (FY25), robust medium-term prospects, and lower costs, which could translate into improving yields and profits. READ MORE

8:30 AM

Full throttle ahead: FY24 roars to 4.23 mn PV sales, 4.15 mn in retail

The demand for sport utility vehicles (SUVs) led passenger vehicle (PV) sales to a record 4.15 million in the retail segment and 4.23 million vehicle despatches in wholesales.  All 12 months in 2023-24 (FY24) were record months in terms of sales. READ MORE

8:25 AM

Paytm employees stare at 'voluntary resignations', firm denies layoff buzz

One97 Communications (OCL), the company that operates the Paytm brand, is asking its employees to resign, citing restructuring in the organisation, people in the know said. READ MORE

8:20 AM

Foreign investors flocking to Indian bonds make a splash across markets

Foreign investors have pumped roughly Rs 78,000 crore ($9.4 billion) into eligible sovereign bonds since JPMorgan Chase & Co.'s landmark announcement in September. READ MORE

8:16 AM

ALERT:: Gift Nifty quotes at 22,528, hints at 50-points gap-up

8:10 AM

India, South Korea, and Japan to stay busy with IPOs while China stalls

While IPOs returned to major venues in Europe and the US, the slowdown in Asia was mostly due to Beijing's decision to ramp up scrutiny of domestic new share sales as it tries to boost confidence. READ MORE

8:06 AM

ALERT:: US stock futures gain up to 0.5% post PCE data

Source: Investing.com

8:01 AM

Stocks to Watch, April 1: Auto, Zomato, ZEE, RVNL, NHPC, Infy, Garden Reach

Zomato has received a tax demand and penalty worth Rs 23.26 crore from Karnataka tax authorities. READ MORE

7:57 AM

Trading strategies for Nifty, Nifty MidCap Select Indices

According to Ravi Nathani, an independent technical analyst, the 22,527 level on the upside and 22,170 on the downside are the key levels to watch out for on the Nifty 50 index. READ MORE

7:51 AM

Commodity ALERT:: Brent Crude Oil hovers around $87 per barrel

7:48 AM

Commodity ALERT:: Gold jumps nearly 2%, trades at $2,277 per ounce

7:45 AM

Asian Markets Update:: Hang, Seng, Shanghai gain post positive China data

7:41 AM

China's manufacturing activity increases for first time in six months

China’s manufacturing activity expanded in March for the first time since September, a sign that the world’s second-largest economy is stabilizing. READ MORE

7:40 AM

US Market Update:: Dow, Nasdaq closed on a tepid note last Thursday

Source: Yahoo Finance