
Budget 2023: Sensex on Budget Day
Since 1999, Sensex has closed lower than the previous day's close on 15 occasions after the Budget announcement.
Since 1999, Sensex has closed lower than the previous day's close on 15 occasions after the Budget announcement.
High FD rates along with a slower rural and global economy may emerge as the biggest threat to Indian equities in 2023.
We are at 10-15% earnings growth. Our returns should match that.
The public sector bank has turned into a multibagger stock and has risen from ₹20.8 to ₹40.9 in just nine sessions, delivering 97% return during this period.
The top 500 club in 2022 is now worth $1.57 trillion in annual revenue, almost as big as the economies of Canada, Mexico and Spain.
Bank of Baroda, Bank of India, and Punjab & Sind Bank hit their respective 52-week highs after Morgan Stanley expressed optimism about public sector banks.
The equity benchmarks continued their record setting spree on Thursday, wherein Sensex and Nifty recorded fresh all-time highs of 63,583 and 18,887, respectively.
Hero MotoCorp has attributed overall inflationary costs as the reason for increasing vehicle prices. The exact quantum of increase will vary by specific models and markets.
FPI withdrawals hit ₹1.76 lakh crore in less than 10 months as global macros play spoilsport.
In dollar terms, however, India is down 7% YTD vs 19% for the US.