Previous Day Market Sensex Closed At 52,653.07  up by 209.36 points  Nifty Closed At 15,778.45 up by 69.05  points  The US economy reported GDP growth at 6.5% for the Jun-21 quarter. This is marginally lower than the original estimate of 6.4%, but stays robust nevertheless. The expansion in GDP is expected to be strong for

Previous Day Market Sensex Closed At 52,443.71 down  by 135.05  points  Nifty Closed At 15,709.40 down by 37.05  points  Maruti Suzuki reported net profits of Rs.441 crore for the Jun-21 quarter as against net loss of Rs.249 crore in the Jun-20 quarter. The sales of cars remained disrupted in the Jun-21 quarter due to localised

Previous Day Market Sensex Closed At 52,578.76 down  by 273.51  points  Nifty Closed At 15,746.45 down by 78.00  points  IMF scaled down India’s GDP growth projection by 300 basis points to 9.5% for FY22 on account of COVID 2.0. This was revealed by IMF in its latest edition of the World Economic Outlook report. This

Previous Day Market Sensex Closed At 52,852.27 down  by 123.53  points  Nifty Closed At 15,824.45 down by 31.60 points  Tata Motors reported net loss of Rs.4,451 crore for the Jun-21 quarter, surely narrower than the loss of Rs.8,444 crore reported in Jun-20 quarter. A severe shortage of microchips dented volumes and had a negative impact

Glenmark Life Sciences was formed in the year 2011 as a wholly-owned subsidiary of Glenmark Pharma; a listed and established pharmaceutical company in India. The Indian pharma industry can be broadly divided into 3 key segments as under: Active Pharma Ingredients (APIs), which are the specialized inputs that go into the manufacture of major drugs

There is a common misconception among many youngsters that the Indian share market is a shortcut to riches. While not to sound discouraging, the truth is very far from it. However, the Share market is still an excellent platform for youngsters to earn some money, provided they play within the game’s rules. Here are some

Previous Day Market Sensex Closed At 52,975.80  up by 138.59 points  Nifty Closed At 15,856.05 up by 32.00  points  For Jun-21 quarter, ICICI Bank reported 78% higher net profit on Saturday at Rs.4,616 crore, largely on the back of a 62% fall in provisioning for loan losses. However, the bank witnessed higher slippages in the

Imagine you are a starter in the Indian market scene and planning to invest in a Mutual fund as you are sure that it will help you out in the future. However, you are having trouble arranging the fund for the investment in a lump sum. It is in such situations that Systematic Investment plans

One of the common mistakes made by many newbie investors is that they concentrate heavily on the returns and risk and overlook the taxation involved before investing. Taxation is a vital part of any investment. This blog will talk about the different types of stages of investment and their classification, how investors are categorized. Different

The RBI issues its Financial Stability Report (FSR) every six months for the period ending September and March each year. The FSR for the perioding ending March 2021 was just released on July 01. The RBI Financial Stability Report basically captures the key risks to the macro economy as well as the banking and financial