The Nifty IT Index, a significant benchmark for India’s IT sector, has recently climbed to an all-time high of over 45,000. This remarkable performance highlights the resilience and growth potential of the Indian IT industry, driven by strong market fundamentals and favorable global conditions. Let’s explore the key factors behind this rally, the implications for…
The Reserve Bank of India’s RBI MPC Meeting, led by Governor Shaktikanta Das, is currently deliberating its fifth monetary policy decision for the financial year 2024-25. The meeting, which began on December 4, 2024, occurs amid significant economic challenges, with India’s Q2 GDP growth falling to a two-year low of 5.4% YoY. The MPC faces…
GDP of India 2024 reflects a mix of challenges and prospects. The economy faced a slowdown in the first half of FY25, but there is optimism about a possible recovery in the second half. GDP of India 2024, the growth declined to 5.4% in the second quarter (Q2) of FY25, the lowest in nearly two…
The Indian stock market experienced a dramatic downturn today, with the Nifty 50 index dipping below the critical 24,000 mark and closing at 23,914, a 1.49% decline. The Sensex also tumbled, losing 1,200 points to settle at 79,043, marking a 1.48% drop. While the mid-cap and small-cap segments remained relatively steady, heavy selling in blue-chip…
The Maharashtra Election 2024 has boosted market sentiment to a large extent, with the BJP-led alliance emerging victorious. Investors responded positively, leading to significant gains in the Indian stock market. Assurances of political stability and continuity in governance have strengthened confidence in India’s economic scenario, leading to an increase of nearly ₹7 lakh crore in…
