Economy

Once more, the stock market hit a record high
31 Aug

Once more, the stock market hit a record high

Banasree Sarkar0 CommentsEconomy
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…
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Starting with the fall, sensex-nifty-profit will decrease?
29 Aug

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

Banasree Sarkar0 CommentsEconomy
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…
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Great momentum again in the stock market, Sensex and Nifty rose in line with the global market
17 Aug

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

Banasree Sarkar0 CommentsEconomy
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…
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Sensex rose 100 points, Nifty above 24150
14 Aug

Sensex rose 100 points, Nifty above 24150

Banasree Sarkar0 CommentsEconomy
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…
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Sensex falls 400 points, Nifty remained below 24300
12 Aug

Sensex falls 400 points, Nifty remained below 24300

Banasree Sarkar0 CommentsEconomy
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,…
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SBI Mutual Fund brought SBI Innovative opportunities fund
10 Aug

SBI Mutual Fund brought SBI Innovative opportunities fund

Banasree Sarkar0 CommentsEconomy
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…
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Falling again in the market, Sensex fell by 400 points, worries are increasing
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.…
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Temporarily the electricity department has cleverly increased the price of electricity
08 Aug

Temporarily the electricity department has cleverly increased the price of electricity

Banasree Sarkar0 CommentsEconomy
The BJP-led government and the power department are gearing up to hike electricity prices amid rising prices of essential commodities. Increased electricity prices have been implemented since July. The duty was temporarily increased by Rs 1.29 per unit, but now the new duty has been cleverly combined with the permanent duty. Consumers will have to pay the increased rate on their August electricity bills. Fuel and Power Purchase Price Adjustment (FPP) has been provisionally fixed at Rs 1.29 per unit of electricity for three months in view of the increase in fuel prices. The fee was withdrawn three months later,…
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Shares of Zomato have put a smile on the face of investors
07 Aug

Shares of Zomato have put a smile on the face of investors

Banasree Sarkar0 CommentsEconomy
Zomato Stock: Shares of an online food delivery app Zomato put a smile on investors' faces in 2024. This stock (stock market) has given a 155 percent return in one year and profit from the beginning of 2024. Share price increased by 112 percent. This year, out of 8 months, positive returns have come in 7 months in this stock (Zomato Share Price). But now investors are questioning whether it is right to invest in Zomato shares. The global brokerage firm advised investors in this regard. Will Zomato's share increase further? The brokerage firm has raised its target price on…
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15 lakh crores were wiped out in the shares, the money went down
06 Aug

15 lakh crores were wiped out in the shares, the money went down

Banasree Sarkar0 CommentsEconomy
A pair of disasters rattled investors on Monday. On the one hand, the Sensex index fell by more than 2,200 points. Their share wealth of 15 lakh crore rupees was deleted. If last Friday's fall is taken, the loss in two consecutive days is more than 19 lakh crore rupees. On the other hand, the currency touched an unprecedented low. The price of one dollar increased by 37 paise and stood at 84.09 taka for the first time. According to experts, on this day, the stock index was turbulent all over the world. Apart from domestic companies, many foreign investment…
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