Yearender 2023: How did shares perform, top business news this year
11 months, 4 weeks ago

Yearender 2023: How did shares perform, top business news this year

India TV News  

2023 turned out to be good for stock market investors. Shares that gained the most Shares of Jai Balaji Industries saw the highest rise of 1,291 per cent. This was followed by S&S Power Switchgear 616 per cent, Geeke Wires 544 per cent, Orionpro Solutions 501 per cent, Inox Wind Energy 398 per cent, Servotech Power Systems 384 per cent, Thomas Scott 371 per cent, Titagarh Railsystems 369 per cent, JITF Infralogistics has gained 363 per cent, Ashapura Minechem has gained 351 per cent, and Eimco Elecon has gained 395 per cent. According to the brokerage firm, next year, large cap banks, industrial and real estate, power, auto, pharma, OMCs, gas and capital markets may see a rise. According to Bhasha news, in the last week from December 15, the total foreign exchange reserves of the country increased by USD 2.816 billion to USD 606.85 billion.

India Market Cent Shares Rise  yearender  usd  market  gained  foreign  cent  jumped  2023  exchange  business  india  perform  rise  shares

History of this topic

Indian shares set to open marginally higher
2 weeks ago

Indian shares set to open marginally higher

Live Mint  

- Indian shares are set to open marginally higher on Tuesday, with analysts expecting cautious sentiment ahead of key domestic and U.S. inflation data due later in the week, while focus would be on commodity stocks on expectations of Chinese stimulus. "Cautious sentiment prevails in the markets ahead of key economic data such as consumer price inflation readings from India …

Indian shares set to open marginally higher
2 weeks ago

Indian shares set to open marginally higher

Live Mint  

Dec 10 - Indian shares are set to open marginally higher on Tuesday, with analysts expecting cautious sentiment ahead of key domestic and U.S. inflation data due later in the week, while focus would be on commodity stocks on expectations of Chinese stimulus. "Cautious sentiment prevails in the markets ahead of key economic data such as consumer price inflation readings …

Expert Speak: Expect earnings growth at 16%-18% in FY26, stay invested, suggests Gopinath Natarajan of Geojit
2 weeks, 4 days ago

Expert Speak: Expect earnings growth at 16%-18% in FY26, stay invested, suggests Gopinath Natarajan of Geojit

Live Mint  

Expert Speak: In a recent conversation with Mint, Gopinath Natarajan, CEO Asset Management at Geojit Financial Services, discussed the challenges of predicting when foreign portfolio investors will resume buying. He noted that with India's increasing share in emerging market indices and the recent correction making Indian markets more attractive, he believes India will continue to be a key focus for …

Indian shares set to open higher, tracking Asian peers
3 weeks ago

Indian shares set to open higher, tracking Asian peers

Live Mint  

Dec 3 - Indian shares are set to open higher on Tuesday, tracking other Asian peers, with comments from key U.S. Federal Reserve officials driving expectations of a 25 basis-point rate cut later in the month. The benchmark indexes Nifty 50 and BSE Sensex climbed on Monday, led by gains in heavyweights such as Reliance Industries, as the recent decline …

India’s foreign exchange reserves decline for eighth consecutive week
Trending News
3 weeks, 2 days ago

India’s foreign exchange reserves decline for eighth consecutive week

Live Mint  

New Delhi, December 1 : India's foreign exchange reserves slumped for an eighth consecutive week to hit a multi-month low of USD 656.582 billion in the week that ended on November 22, data from the Reserve Bank of India showed. The latest RBI data showed that India's foreign currency assets, the largest component of forex reserves, stood at USD 566.791 …

Indian shares set to open higher after steepest decline in two months
3 weeks, 4 days ago

Indian shares set to open higher after steepest decline in two months

Live Mint  

Nov 29 - Indian shares are expected to open slightly higher on Friday after their steepest drop in nearly two months in the previous session, as traders adjusted their positions on monthly derivatives expiry. India's benchmark indexes fell about 1.5% each on Thursday, dragged down by profit booking in IT stocks after a rally and positional adjustments due to November …

Indian stock market: 10 key things that changed for market over weekend - Gift Nifty, China inflation to Bitcoin prices
1 month, 1 week ago

Indian stock market: 10 key things that changed for market over weekend - Gift Nifty, China inflation to Bitcoin prices

Live Mint  

Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open lower on Monday following weakness in Asian markets. Asian markets traded lower, while the US stock market ended higher last week, with the Nasdaq notching its best week in two months and second-best week of 2024. Here are key global market cues for Sensex …

IT leads rise in Indian shares
4 months ago

IT leads rise in Indian shares

Hindustan Times  

By Bharath Rajeswaran and Kashish Tandon IT leads rise in Indian shares BENGALURU -Indian shares tracked Asian peers higher on Tuesday, led by information technology stocks, on hopes the U.S. Federal Reserve will start cutting rates from September. Expectation of a sharp U.S. rate cut in September and data showing that U.S. economy will most likely avoid a recession are …

India's Forex Reserves Jump By $816 Million to $653.71 Billion; Details Here
5 months, 3 weeks ago

India's Forex Reserves Jump By $816 Million to $653.71 Billion; Details Here

News 18  

India’s foreign exchange reserves increased by $816 million to $653.711 billion during the week ended June 21, according to the latest RBI data. According to the latest RBI data released on June 28, India’s gold reserves rose $988 million to $56.956 billion during the week ended June 21, while the special drawing rights fell $57 million to $18.049 billion. For …

India's foreign exchange reserves jump by USD 816 million to USD 653.71 billion
5 months, 3 weeks ago

India's foreign exchange reserves jump by USD 816 million to USD 653.71 billion

India TV News  

India's forex reserves jumped by USD 816 million to USD 653.711 billion for the week ended June 21, the Reserve Bank of India said today. For the week ended June 21, foreign currency assets, a major component of the reserves, decreased by USD 106 million to USD 574.134 billion, the data released on Friday showed. India's forex reserves dropped by …

FDI inflows into India down to $28 billion in 2023: UN
6 months ago

FDI inflows into India down to $28 billion in 2023: UN

Deccan Chronicle  

Chennai: The FDI inflows into India saw a 43 per cent decline in 2023 at $28 billion, while the global foreign direct investments dropped 2 per cent to $1.3 trillion, as per the data of UNCTAD. FDI outflows from India also saw a dip of 8.7 per cent to $13,341 million against $14,618 million in 2022. At $621 billion, they …

Forex Update: India's Foreign Exchange Reserves Hit All-Time High of $651.51 Billion
6 months, 2 weeks ago

Forex Update: India's Foreign Exchange Reserves Hit All-Time High of $651.51 Billion

News 18  

India’s forex reserves jumped $4.837 billion to a new all-time high of $651.51 billion for the week ended May 31, according to the latest RBI data. “Touching a new milestone, India’s foreign exchange reserves reached a historical high of $651.5 billion as on May 31,” RBI Governor Shaktikanta Das said in his statement while announcing the bimonthly policy review. Sanjeev …

Forex Update: India's Foreign Exchange Reserves Fall $2 Billion to $646.67 Billion
6 months, 3 weeks ago

Forex Update: India's Foreign Exchange Reserves Fall $2 Billion to $646.67 Billion

News 18  

After rising for three consecutive weeks, India’s forex reserves fell $2.027 billion to $646.673 billion for the week ended May 24, according to the latest RBI data. For the week ended May 24, foreign currency assets, a major component of the reserves, decreased by $1.51 billion to $567.499 billion, the data released on May 31 showed. The recent data shows …

India's forex reserves jump USD 2.98 billion to hit fresh peak of USD 648.56 billion: RBI
8 months, 1 week ago

India's forex reserves jump USD 2.98 billion to hit fresh peak of USD 648.56 billion: RBI

India TV News  

India's forex reserves jumped USD 2.98 billion to hit a fresh peak of USD 648.56 billion, RBI said on Friday. In the previous reporting week, the forex kitty had increased by USD 2.951 billion to USD 645.583 billion, which was an all-time high. For the week ended April 5, the foreign currency assets, a major component of the reserves, increased …

India's foreign exchange reserves rise by USD 140 million to hit fresh peak of USD 642.63 billion
8 months, 3 weeks ago

India's foreign exchange reserves rise by USD 140 million to hit fresh peak of USD 642.63 billion

India TV News  

Business news: India's forex reserves increased by USD 140 million to touch its all-time high of USD 642.631 billion during the week ended March 22, the Reserve Bank of India said. The previous peak level was recorded in September 2021 when the country's foreign exchange reserves reached USD 642.453 billion. For the week ended March 22, the foreign currency assets, …

India's forex exchange reserves at over two-year high
9 months, 1 week ago

India's forex exchange reserves at over two-year high

Op India  

India’s foreign exchange reserves rose by USD 10.470 billion to USD 636.095 billion in the week that ended on March 8, as per the latest data released by the Reserve Bank of India. Before March 8 week, the foreign exchange reserves rose by USD 6.554 billion to USD 625.626 billion, data showed. During the latest week, India’s foreign currency assets, …

RBI Governor Shaktikanta Das: CAD for 2023-24, 2024-25 to be eminently manageable
10 months, 2 weeks ago

RBI Governor Shaktikanta Das: CAD for 2023-24, 2024-25 to be eminently manageable

The Hindu  

“With India’s current account deficit declining sharply to 1% of GDP in Q2:2023-24 from 3.8% in Q2:2022-23,” RBI Governor Shaktikanta Das on February 8 said going ahead, the net balance under services and remittances would remain in large surplus, partly offsetting the trade deficit. Moreover, with around 10.2% share in world telecommunications, computer and information services exports, India is a …

India’s forex reserves hit 20-month high; jump to $615.971 billion: RBI
1 year ago

India’s forex reserves hit 20-month high; jump to $615.971 billion: RBI

Live Mint  

Amid heavy inflows in Indian debt and equity markets, India's foreign exchange reserves rose for the fifth straight week, reaching an over 20-month high of $615.97 billion as of December 15, according to the data released by the Reserve Bank of India on Friday. The Reserve Bank of India's intervention in forex markets along with valuation changes impact reserves. Foreign …

Stock markets hit new peaks after RBI upgrades growth forecast | Here are DETAILS
1 year ago

Stock markets hit new peaks after RBI upgrades growth forecast | Here are DETAILS

India TV News  

Business news: Benchmark Sensex and Nifty rebounded to close at their new lifetime highs today after the Reserve Bank of India raised the growth forecast for the current fiscal and kept policy rates unchanged, triggering heavy buying in banking and other rate-sensitive stocks. The 30-share BSE Sensex rose 303.91 points, or 0.44 per cent, to hit its new peak of …

Stock markets update: Sensex surges 118 points, Nifty up by nearly 40 points to 20,136 in early trade
1 year ago

Stock markets update: Sensex surges 118 points, Nifty up by nearly 40 points to 20,136 in early trade

India TV News  

Stock markets update: Equity benchmark indices opened higher in early trade on Thursday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 118.2 points to 67,020.11. Overnight weakness in the US markets and subsequent fall in Asian indices could limit the gains, Prashanth Tapse, Senior VP, Mehta Equities Ltd, said in his pre-opening market comment. Rupee …

Diwali 2023: New growth cycle on horizon for small, midcaps, says Yes Securities
1 year, 1 month ago

Diwali 2023: New growth cycle on horizon for small, midcaps, says Yes Securities

Live Mint  

Stock market today: As we celebrate Diwali 2023, a look back at the Indian stock market performance in the last Samvat Year shows optimism and resilience. Amar Ambani, Group President & Head – Institutional Equities, Yes Securities India noted that the optimism and resilience continued into Q2, with 240 out of 500 companies delivering a 42% YoY growth in Adjusted …

DC Edit | Will festivals, elections lead to India's dream growth run?
1 year, 3 months ago

DC Edit | Will festivals, elections lead to India's dream growth run?

Deccan Chronicle  

Once in every generation – which is roughly 30 or 40 years – the world finds itself on the cusp of a major change – spreading across domains of technology, geopolitics, as well as economics. In the last eight months, foreign investors pumped in $16.5 billion in the Indian stock markets – the largest such investment in Asian equities. In …

Independence Day 2023: These 5 Nifty100 stocks give up to 70% return in 1 year
1 year, 4 months ago

Independence Day 2023: These 5 Nifty100 stocks give up to 70% return in 1 year

Live Mint  

Independence Day 2023: On 15th August 2023 i.e. In fact, if someone had bought this stock around the Independence Day 2023, its money would have surged from around ₹2,300 to ₹3,890 per share levels, delivering to the tune of 70 per cent return to its positional shareholders in last one year. After making its bottom in April 2020 at ₹65 …

India Records 2nd Highest Jump In Forex Reserves Among Major Economies in 2023: RBI Bulletin
1 year, 5 months ago

India Records 2nd Highest Jump In Forex Reserves Among Major Economies in 2023: RBI Bulletin

News 18  

The rain deficit in India is rapidly closing amid a highly cyclone-skewed distribution, and manufacturing and services activity in the country remains in expansion albeit with some sequential moderation in June, according to the RBI’s latest report released on Monday, July 17. It said India’s foreign exchange reserves increased $71.8 billion since October 21, 2022, and stood at $596.3 billion …

Sensex rises over 250 points, Nifty advances 76.1 points; heavy buying in Reliance Industries
1 year, 5 months ago

Sensex rises over 250 points, Nifty advances 76.1 points; heavy buying in Reliance Industries

India TV News  

Amid unabated foreign fund inflows and buying in the index, major Reliance Industries and HDFC twins, India's equity benchmark indices rebounded in early trade on Monday. Reliance Industries gained nearly 1 per cent in morning trade while HDFC, Tata Motors, State Bank of India, HDFC Bank, Axis Bank, UltraTech Cement and Mahindra & Mahindra were the biggest gainers. Brent crude …

India’s forex reserves rise by $7.2 bn to reach at 11-month high, nears $600 bn
1 year, 7 months ago

India’s forex reserves rise by $7.2 bn to reach at 11-month high, nears $600 bn

Live Mint  

India's forex reserves inched closer to the $600 billion mark by rising $7.196 billion in the week that ended on May 5, 2023, to $595.976 billion. As per RBI's weekly statistical data, total foreign exchange reserves jumped by $7.196 billion to $595.976 billion in the week that ended on May 5, 2023. Read here: CPI inflation falls below RBI's upper …

India's foreign exchange reserves rise USD 4.5 billion to USD 588.78 billion
1 year, 7 months ago

India's foreign exchange reserves rise USD 4.5 billion to USD 588.78 billion

India TV News  

Business news : India's foreign exchange reserves rose by USD 4.532 billion to USD 588.780 billion on a weekly basis as of April 28, according to the Reserve Bank of India's data. During the prior week ended on April 21, the foreign exchange reserves fell by USD 2.16 billion to USD 584.24 billion. Coming back to RBI's latest data, India's …

India’s forex reserves rise by $4.53 bn to reach a 10-month high of $588.78 bn
1 year, 7 months ago

India’s forex reserves rise by $4.53 bn to reach a 10-month high of $588.78 bn

Live Mint  

India's forex reserves turned positive in the week that ended on April 28, 2023. As per RBI's data, forex reserves jumped by $4.532 billion to $588.780 billion in the April 28, 2023, week. Read here: Data recap: PMI hints at relief, Go First goes bust India's forex reserves were at an all-time high of $645 billion in October 2021. In …

Jefferies’ Christopher Wood explains why Indian stock markets are underperforming
1 year, 11 months ago

Jefferies’ Christopher Wood explains why Indian stock markets are underperforming

Live Mint  

High valuation and FII selling are some of the reasons for underperformance of Indian stock markets at the start of this year, according to Christopher Wood, the Global Head of Equity Strategy at Jefferies, though he remains positive on Indian equities. Though Indian domestic demand story remains rock solid, challenge for stock markets remains high valuations, writes Christopher Wood in …

Foreign investors buy Indian equities in December first half, despite stock slip
2 years ago

Foreign investors buy Indian equities in December first half, despite stock slip

Live Mint  

Foreign portfolio investors bought Indian shares worth 90.17 billion Indian rupees in the first half of December, despite the country's benchmark indexes coming off record high levels on hawkish commentary from global central banks, data showed. Between Nov. 16 and Nov. 30, when benchmarks rose to record high levels, foreign fund inflows logged 73.5 billion rupees. This is a pivot …

India’s forex reserves rise at fastest pace since August 2021
2 years, 1 month ago

India’s forex reserves rise at fastest pace since August 2021

Live Mint  

India's foreign exchange reserves rose to $544.72 billion in the week through November11, marking their biggest weekly jump in more than a year, the Reserve Bank of India's weekly statistical supplement showed on Friday. The Reserve Bank of India sold $10.36 billion worth of foreign currency on a net basis in September. Data released showed sales in September were 144 …

India's forex reserves rises after four weeks of fall
2 years, 4 months ago

India's forex reserves rises after four weeks of fall

India TV News  

India's forex reserves rose around $2.4 billion during the week ending July 29, after falling for last four consecutive weeks, on back of positive inflows by foreign investors in the Indian equity market. The country's foreign exchange reserves rose by $2.315 billion to $573.875 billion during the week ending June 29, according to the Reserve Bank of India's weekly supplementary …

India's forex reserves see eighth weekly fall, slide below $600 billion
2 years, 7 months ago

India's forex reserves see eighth weekly fall, slide below $600 billion

Firstpost  

The last time India’s forex reserves were below the $600-billion-mark was during the week ended 28 May, 2021 Mumbai: India’s foreign exchange reserves have slumped below $600 billion mark for the first time in almost a year. For the week ended 29 April, the country’s forex reserves dipped by $2.695 billion to $597.728 billion, according to the Reserve Bank of …

Stock Market Updates: Sensex Climbs Over 400 Points, Nifty Touches 17,900. Banks, Realty Top Performers
2 years, 11 months ago

Stock Market Updates: Sensex Climbs Over 400 Points, Nifty Touches 17,900. Banks, Realty Top Performers

ABP News  

New Delhi: Markets opened strong on Monday extending gains from the previous session with the 30-share equity benchmark Sensex climbing 459 points to touch 60,203 levels, while the NSE Nifty was at 17,937, higher by 124 points. ICICI Bank, TCS, HDFC Bank are among the top performers in the index surging between 0.8-1.6 per cent. VK Vijayakumar, Chief Investment Strategist …

Foreign Exchange Reserves Up $ 99.2 Bn in FY 2020-21: RBI Data
3 years, 5 months ago

Foreign Exchange Reserves Up $ 99.2 Bn in FY 2020-21: RBI Data

News 18  

The country’s foreign exchange reserves in nominal terms, including the valuation effects, increased by $ 99.2 billion during the financial year 2020-21, compared to $ 64.9 billion in the preceding year, RBI data showed. On a balance of payments basis, foreign exchange reserves increased by $ 87.3 billion during FY 2020-21, as against an increase of $ 59.5 billion during …

Forex Reserves Rise by $1.739 Billion to $582.037 Bn
3 years, 9 months ago

Forex Reserves Rise by $1.739 Billion to $582.037 Bn

News 18  

The country’s foreign exchange reserves increased by $ 1.739 billion to $ 582.037 billion in the week ended on March 12, the RBI data showed. In the previous week ended March 5, the reserves had declined by $ 4.255 billion to $ 580.299 billion. In the reporting week ended March 12, the rise in reserves was on account of an …

Shares Rise as Investors Pin Hopes on Union Budget 2021
3 years, 10 months ago

Shares Rise as Investors Pin Hopes on Union Budget 2021

News 18  

Indian shares edged up in volatile trade on Friday after five sessions of losses, supported by gains in auto and bank stocks ahead of the Federal budget on Monday. India’s Finance Minister Nirmala Sitharaman is expected to unveil plans to boost economic growth at the world’s second most populous country when she presents the budget next week. Shares of automaker …

Here Are The Top Stocks for Investors on January 11
3 years, 11 months ago

Here Are The Top Stocks for Investors on January 11

News 18  

TAmid positive global cues and gains in the Asian peers, Indian market is expected to open higher on Monday, January 11. Here are the top stocks for investors for the day: HDFC Bank: The name of ICICI Prudential Life did not appear as a stakeholder in the December quarter shareholding, however, in September, the company had 1.23 percent stake in …

Investor exuberance amidst real economy recession
3 years, 11 months ago

Investor exuberance amidst real economy recession

The Hindu  

I T is a paradox that has periodically recurred in recent times. Thus, over the April-September of 2019, India’s balance of payments showed a current account deficit of $22.6 billion, and it was only because net capital inflows were a much larger $41.7 billion that the country recorded a $19.1 billion increase in reserves. To summarise, the record reserve accumulation …

16% surge in FDI inflows till August
4 years, 2 months ago

16% surge in FDI inflows till August

The Hindu  

Foreign direct investment inflows into India in the first five months of 2020-21 have hit a record high, despite a sharp 60% contraction in the first quarter, with July and August raking in over $20 billion of equity FDI. Equity FDI more than quadrupled from $6.5 billion between April and June, to $27.1 billion by August — 16% higher than …

India stock market investors should expect lower returns: Quantum
4 years, 2 months ago

India stock market investors should expect lower returns: Quantum

Live Mint  

India is likely to see a slower pace of economic growth over the next few years, which means stock investors should expect lower returns, according to analysts at asset manager Quantum Advisors Pvt. India’s $2 trillion stock market has rebounded more than 40% from a March bottom, joining a global rally in defiance of a bleak economic outlook. “India‟s golden …

India Hikes Exposure to US Govt Securities By Nearly $13 Billion in May
4 years, 4 months ago

India Hikes Exposure to US Govt Securities By Nearly $13 Billion in May

News 18  

India's holdings of American government securities increased by nearly $13 billion to $169.9 billion at the end of May, according to latest official data. After marginally rising to $157.4 billion in April, the holdings jumped to $169.9 billion in May, an increase of around $13 billion in a month's time. The country was the 12th largest holder of the American …

Discover Related