
Sensex, Nifty hit new record high; m-cap of BSE-listed firms soar to ₹296 lakh cr
The market capitalisation of BSE-listed firms hit an all-time high of ₹296.04 lakh crore, breaching its previous high of ₹294.36 touched on June 21.
The market capitalisation of BSE-listed firms hit an all-time high of ₹296.04 lakh crore, breaching its previous high of ₹294.36 touched on June 21.
It may be noted that the WPI based inflation in May 2023 contracted 3.48% year-on-year compared with 0.92% contraction in April 2023.
Despite a steady fall in global crude oil prices, fuel prices have not reduced for retail customers in India since last year
High FD rates along with a slower rural and global economy may emerge as the biggest threat to Indian equities in 2023.
Crude prices have risen significantly this fiscal, averaging $104 per barrel between April and October compared with $61 per barrel pre-pandemic.
Amid the ongoing geo-political situation, energy and fertiliser prices are one of the key near–term challenges, says Nirmala Sitharaman.
Crude oil rises to nearly a three-week high; key oils stocks trade in positive territory as OPEC+ decides to cut output by 2 mn barrels/day.
OPEC Plus – a grouping of 23 oil-rich countries -- is meeting in Vienna on Wednesday to discuss a major production cut for the first time since March 2020.
FM Nirmala Sithraman praises PM Modi for “his courage” to get crude oil from Russia at a discount while also making sure friendship with all countries remains intact
Export cess on diesel increased further to ₹13.5 per litre, while ATF will now attract export levy of ₹9 per litre, shows revised notification by FinMin