Hyundai Motor India has made headlines with its ambitious plan to invest ₹32,000 crore in the country over the next decade from 2023 to 2032. The investment is part of the company’s strategy to strengthen its manufacturing capabilities and expand its presence in the fast-growing automotive market, especially the electric vehicle (EV) sector. Hyundai India…
India’s power sector is experiencing rapid transformation, driven primarily by rising energy demand and a national commitment to renewable energy. Two leading companies in the sector, Tata Power and JSW Energy, recently received ‘buy’ ratings from global brokerage firm Nomura, with potential upside of up to 22%. Both companies are key players in India’s energy…
Indian Stock Market Crash: October 2024 The Indian stock market witnessed a massive drop today as the Sensex dropped over 1,200 points and the Nifty 50 dropped over 1%. This massive drop in the indices can be attributed to several domestic and global factors, including rising geopolitical tensions and regulatory changes. Below, we explore five…
Two major companies in the Indian infrastructure and energy sector, Reliance Infrastructure and Reliance Power, made a strong comeback in September 2024. Both stocks surged 60% during the month, hitting their highest levels since 2018. The dramatic surge in these Anil Ambani group companies was driven by several positive developments, including debt reduction and improved…
Indian stock indices, Sensex and Nifty 50, witnessed a massive drop on Monday, both falling over 1%, as global uncertainties weighed on investor sentiment. Sensex and Nifty 50 fall comes after a period of caution, with profit-booking being a key theme in recent sessions. Below are the main reasons for the market drop: Sensex and…
