Market is likely to move in a range in the near-term without a sharp break out or break down, says Dr. V K Vijayakumar of Geojit Financial Services. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Tuesday. While BSE Sensex opened over 400 points up, Nifty50…
Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Trent and Bharat Forge are the top stocks to buy today:Trent – Buy in the range between Rs 5140 & Rs 5165; Stop Loss: Rs 5000; Target: Rs 5350Trent is trading above…
NEW DELHI: Starlink is likely to face a spectrum tax in India, which had been abolished for terrestrial network providers, such as Reliance Jio, Airtel and Vodafone Idea a few years back, sources said. The tax, if imposed, will increase service costs for Elon Musk-run satcom venture in India.The move will be another challenge for…
MUMBAI: Times Music has announced its acquisition of two leading Indian regional record labels – Symphony Recording Co and ARC Musicq. These two deals are the company’s first acquisitions since partnering with Primary Wave Music, an independent publisher of music, in 2023. “…Both labels have established universal appeal in growing Indian music markets,” said a…
MUMBAI: IndusInd Bank may have overstated its net interest income in preceding quarters, research reports by brokerage houses said. As a result, the lender will take a significant hit in its profits for the fourth quarter as it addresses the same.IndusInd Bank during an analyst call last week said that it identified discrepancies in its…
Global market uncertainties and potential US recession concerns could affect domestic market momentum. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, ended the trading session in green on Monday, driven by strong performance in banking and automobile sectors, with ICICI Bank and Axis Bank leading. Positive global market conditions…
RBI announces final redemption price of Sovereign Gold Bond 2016-17 Series IV The Reserve Bank of India (RBI) has declared the final redemption price for the Sovereign Gold Bond (SGB) 2016-17 Series IV, which is due for redemption today, March 17, 2025. SGBs were repayable after eight years from the issue date, making the final…
India’s net direct tax collections have surged by 13.13% to over Rs 21.26 lakh crore so far this fiscal year, according to government data released on Monday. This growth is largely attributed to higher advance tax collections, with the government collecting Rs 10.44 lakh crore from four instalments of advance tax, compared to Rs 9.11…
Zerodha founder & CEO Nithin Kamath (File Photo) Zerodha founder & CEO Nithin Kamath has emphasised on the critical role of risk management in ensuring the success of traders, particularly in volatile market conditions. In a X (formerly Twitter) post, Kamath shared insights based on his experience as both a trader and broker. Kamath noted…
Gold’s performance as both a safe haven and wealth generator has garnered attention, with its 17% three-year returns outpacing Sensex’s 11.6% Gold has since ages been seen as a safe haven investment bet, especially in riskier times when other asset classes face uncertainty. But is gold just a safe haven investment or is it also…
