Stock market ends five-day winning streak
At close, Sensex was down 609.28 points, or 0.82%, at 73,730.16. Meanwhile, Nifty opened higher at 22,620.40 and touched a low of 22,419.90 in intraday trades.
At close, Sensex was down 609.28 points, or 0.82%, at 73,730.16. Meanwhile, Nifty opened higher at 22,620.40 and touched a low of 22,419.90 in intraday trades.
In 2022, Zomato had acquired Blinkit for $568 million but since then, on the back of improved performance, the latter’s implied valuation has grown to a staggering $13 billion, according to analysts at Goldman Sachs.
Inflation is expected to remain above the Reserve Bank of India's target level of 4 per cent over the forecast period due to strong economic activity, Majumdar said.
Natarajan is an acknowledged techno-business leader in the insurance and retirement industry, having spent over 25 years with Cognizant, serving clients in the US, the company said.
The Reserve Bank of India (RBI) on Thursday cautioned the public against Prepaid Payment Instruments issued by unauthorised entities.
Markets in the week gone by were driven by fear, war-mongering and panic. Of course, all of this leads to extreme volatility and sharp two-sided moves.
Markets will continue to focus on the earnings season and global cues in the upcoming week.
As the Asia-Pacific region experiences a surge in the adoption of Generative AI (GenAI), India is set to join the most rapidly expanding markets in the forthcoming years.
As the Indian economy is expanding, more and more jobs are being created. There is, however, a difference of opinion over the pace and number of enabling economic opportunities being created across the country.
The net direct tax collections (provisional) for the Financial Year (FY) 2023-24 have exceeded the Union Budget Estimates (BE) by Rs 1.35 lakh crore (7.40 per cent), the Ministry of Finance said on Sunday.