Economy Archives -

28 Oct

Gensol Engineering reports 29% profit upgrade in Q2

Priyanka Roy0 CommentsEconomy, News

According to exchange filings, Gensol Engineering reported a 29% rise in net profit after tax to ₹22.93 crore on a consolidated basis for the September 2024 quarter as against ₹17.71 crore in the same period last year.Gensol Engineering shares have declined by 9.52% in the last one year, and by 7.5% since the beginning of the year. Gensol Engineering shares closed at ₹788 on October 25, 2024, down 7.26% from the previous close.The company's total income rose to ₹346.82 crore in the July-September quarter from ₹304.87 crore in the same quarter of the previous fiscal. Operating expenses declined to ₹239.88…

13 Sep

An unprecedented index, this is the first time it has reached 83 thousand

Banasree Sarkar0 CommentsEconomyStock Market

The stock market continues to hit one milestone after another. This time Sensex touched 83 thousand for the first time on that road. 1593.03 points rose to 83,116.19. However, this all-time high did not settle. The index rose 1,439.55 to settle at 82,962.71 on Thursday. This is also an unprecedented peak for the Sensex. Investors' share assets increased by around Rs 6.59 lakh crore. Nifty has set a precedent. It rose 470.45 points to reach 25,388.90 for the first time. On this day, foreign investment companies poured 7695 crore rupees into the Indian market. According to expert Ashish Dey, investors…

06 Sep

The stock market collapsed again

Banasree Sarkar0 CommentsEconomy

Investors took a big hit on the last trading day of the week. The Sensex has fallen by around 1000 points so far on Friday. Nifty fell to 290.15 points. It is known that the share price of the State Bank of India has fallen the most so far. Also, shares of Reliance Industries, HCL Tech, ICICI Bank, and Larsen & Toubro fell. PSU Bank shares fell 2.36 percent on the Nifty. Nifty Oil & Gas, Metals, Media, and Consumer Durables also fell. Shares of Vodafone, Oil India, Indian Bank, Canara Bank, UNO Minda, etc. fell in BSE Midcap. The…

31 Aug

Once more, the stock market hit a record high

Banasree Sarkar0 CommentsEconomyStock Market

The stock market reached a new high again. On Friday, the Sensex ended the first day at 82,365.77. Up 231.16 points. However, it jumped 502.42 during trading and touched an all-time high of 82,637.03. This led to the index gaining 1941.09 (2.41%) points for nine consecutive days. Nifty has set a new precedent. 1096.9 (4.54%) has climbed for 12 consecutive days. The day closed 83.95 ahead at 25,235.90. Statistics show that this is the longest consecutive upward run for the NSE index since its inception in 1996. According to experts, the strong markets of various countries have mainly provided strength…

29 Aug

Starting with the fall, sensex-nifty-profit will decrease?

Banasree Sarkar0 CommentsEconomysensex

The collapse in the global market has affected the domestic market as well. The Indian stock market touched new highs a day ago, but signs of a fall have become evident since the market opened today. By 9.15 am Sensex (Sensex Today) Nifty, both indices opened in the red. Sensex index opened with a fall of 60 points, and Nifty opened with a fall of 25 points. The stock market today fluctuates within a certain range within a few minutes of morning trading. The Sensex fell below 81,175 points by 9.20, while the Nifty 50 fell by 20 points. Nifty…

17 Aug

Great momentum again in the stock market, Sensex and Nifty rose in line with the global market

Banasree Sarkar0 CommentsEconomyStock Market

The world's stock markets fell on the fear that America may be affected by the financial crisis. Doubts that the interest rate will not decrease are also raised. As a result, India's Sensex and Nifty fell like the indices of various countries. On Friday, as soon as the fear of recession faded, they jumped in line with the world market. The Sensex gained 1330.96 points (1.68%) and entered the 80,000 mark again. Stopped at 80,436.84. Share assets of investors increased by Rs 7.30 lakh crore. And the Nifty ended the day at 24,541.15. Up 397.40 (1.65%). All the information technology…

14 Aug

Sensex rose 100 points, Nifty above 24150

Banasree Sarkar0 CommentsEconomysensex

The market started in the green zone. Major indices rose as markets opened on Wednesday morning. However, there was no significant increase. At 9:16 am today, the Bombay Stock Exchange benchmark Sensex was up about 0.08 percent, or 65.92 points, at 79021.95. Meanwhile, the National Stock Exchange's index Nifty was up about 0.02 percent, or 4.40 points, at 24143.40. The Nifty Midcap 100 and Nifty Smallcap 100 indices were up around 0.08 percent today. Nifty Bank, Nifty Financial Services, Nifty Pharma, Nifty FMCG, Nifty Realty, Nifty Media, Nifty Energy, Nifty Private Bank, Nifty Consumer Durables, Nifty Healthcare, and Nifty Oil…

12 Aug

Sensex falls 400 points, Nifty remained below 24300

Banasree Sarkar0 CommentsEconomyStock Market

Anxiety increased on the first day of the week. Indicators are down as the market opens.The Bombay Stock Exchange benchmark Sensex was down around 0.30 percent, or 235.22 points, at 79470.69. Meanwhile, the National Stock Exchange index Nifty was down around 0.30 percent, or 73.05 points, at 24294.45. The Nifty Midcap 100 and Nifty Smallcap 100 indices were down around 0.70 percent today. Meanwhile, the Nifty Consumer Durables index was only in the green zone among sectors. The index rose by around 0.08 percent. Nifty Bank, Nifty Auto, Nifty IT, Nifty PSU Bank, Nifty Financial Services, Nifty Pharma, Nifty FMCG,…

10 Aug

SBI Mutual Fund brought SBI Innovative opportunities fund

Banasree Sarkar0 CommentsEconomyMutual Fund

SBI Mutual Fund brought SBI Innovative Opportunities Fund. The objective of this open-ended equity scheme is to provide long-term capital appreciation to investors. It will invest primarily in equity and related instruments of various companies, at least 80 to 100 percent of its assets. The benchmark of this fund is Nifty 500 TRI. The new fund offer opened on July 29. It will be closed on August 12. Shamser Singh, Managing Director and CEO of SBI Funds Management Limited, said, "We are moving towards a developed India. Several initiatives like 'Start Up India' and 'Atal Innovation Mission' have been taken…

08 Aug

Falling again in the market, Sensex fell by 400 points, worries are increasing

Banasree Sarkar0 CommentsEconomy

The Reserve Bank's monetary policy meeting concluded today. And in this monetary policy meeting, the repo rate was already being discussed. But to everyone's disappointment, there was no change in the repo rate even in the ninth monetary policy meeting (Stock Market Today). And under its influence, the stock market (Sensex Today) fell by 250 points when it opened this morning. Sensex and Nifty both indices (stock market crash) are in red today. Investors were hoping for a change in interest rates, but the market is not supporting it. However, the pharma index rose 1 percent in the market today.…