4 Out Of 5 Asian Majour Indices Negative On Wednesday


4 out of 5 Asian Majour Indices are negative today. China’s Shanghai Composite Index inched marginally up by 0.05 per cent, Hong Kong’s Hang Seng Index lost 1.86 per cent, South Korea’s Kospi down by 1.7 per cent , Japan’s Nikkei fell 0.77 per cent and Singapore’s Straits Times index slid 0.21 per cent. European

Gold Price Decreases By 0.25 %


Gold price decreased today. The Precious Metal, for 5th June 2023 contract, down by 0.25 per cent and trading at 71999 Rupees per 10 Grams.   On the other hand, Silver for 5th July 2023 contract, gained 0.22 per cent today and trading at 95660 Rupees per KG when reports last came in.

Sensex Down 220 Points, Nifty Settles At 22,888


After hitting record highs in the previous session, the Indian benchmark indices entered consolidation mode today. Despite a positive start, the market fluctuated between gains and losses throughout the session. However, selling in the last hour pulled the indices down to their lowest point of the day. At close, the Sensex was down 220 points

Leading Global Financial Firm Goldman Sachs Raises India’s GDP Growth Forecast To 6.7 Percent For Calendar Year 2024


Global investment bank Goldman Sachs has raised India’s GDP growth forecast to 6.7 percent for calendar year 2024. The latest data released by the bank said, they expect a sustained growth momentum with additional fiscal space on account of a bumper dividend transfer from the RBI. The financial company said that in India, growth momentum

Sensex, Nifty 50 Jump To Hit New All-Time Highs


  India’s benchmark stock indices BSE Sensex and NSE Nifty 50 jumped to hit new all-time highs today, propelled by domestic reasons such as the hope for favourable election results, and international factors such as low crude oil prices and global market optimism.     The Nifty 50 peaked at an intraday high of 23,110.8

Last Decade Witnessed Substantial Improvement In Sanctity And Credibility Of Union Budget: Nirmala Sitharaman


Finance Minister Nirmala Sitharaman said that the last decade has witnessed a substantial improvement in the sanctity and credibility of the Union Budget, leaving past constraints and archaic practices behind. In a social media post today, the Finance Minister said, that our budgets are characterized by fiscal prudence, transparency, and inclusiveness, ensuring investments in social