Sensex rises 0.09 per cent, Nifty settles 0.13 per cent higher
January 11, 2024 16:20 ISTInvestor sentiment was impacted by the upcoming release of US inflation data and domestic macroeconomic figures, leading to a cautious approach in the market.
Investor sentiment was impacted by the upcoming release of US inflation data and domestic macroeconomic figures, leading to a cautious approach in the market.
Addressing an event at Gujarat's GIFT city, Finance Minister Nirmala Sitharaman said that companies in India will be able to access global funds directly after direct listing of IFSC listings.
The growth in both revenue and net profit comes amid Netflix's decision to reduce the price of its subscription plans in December 2021, leading to enhanced customer engagement and increased subscriber numbers in the calendar year 2022.
The proposal to trim the fiscal deficit by 50 basis points is currently being discussed, along with other potential scenarios for the upcoming budget year starting in April, as per government sources.
Maxposure has set the price band for the offering at Rs 31 to Rs 33 per share, with a face value of Rs 10 per share, with the book-built issue amounting to Rs 20.26 crore and comprising an entirely fresh issue of 61.4 lakh shares.
The governor's comments were made in response to the recent approval by the US Securities and Exchange Commission for the creation of bitcoin exchange-traded funds (ETFs) in the United States.
Last month, Twitch, headquartered in San Francisco, exited the South Korean market amid high costs associated with network fees.
Stock markets update: In the early trade, the 30-share BSE Sensex climbed 341.76 points to 71,999.47. Meanwhile, the Nifty was also up by 107.8 points to 21,726.50 points.
SpiceJet's decision to start flights to Lakshadweep and Ayodhya came at a time when both cities drew people's attention. The newly-built historic Ram temple is drawing numerous people in Ayodhya, while Lakshadweep is getting huge support from people due to the Maldives row.
In a notable reversal, India's benchmark indices, Sensex and Nifty, rallied in the closing hours on Wednesday, driven by substantial buying in major players like Reliance Industries, ICICI Bank, and HDFC Bank.
The 80-key hotel, Park Inn by Radisson Ayodhya, offers proximity to notable landmarks such as the Ram Janmabhoomi Temple among others. Ayodhya is getting decked up for the consecration ceremony at the temple on January 22 and Prime Minister Narendra Modi will attend it.
Prime Minister Narendra Modi also said that the world looks at India as an important pillar of stability.
The billionaire also outlined how Adani Group's visionary investment strategy is strategically positioning the conglomerate as a pivotal player in India's shift towards a cleaner and more sustainable energy future.
The 30-share BSE Sensex dropped 81.35 points to 71,304.86 in early trade. Meanwhile, the Nifty fell by 27 points to 21,517.85.
PM Narendra Modi and Sri Lankan President Ranil Wickremesinghe signed an agreement in 2023 on Unified Payments Interface acceptance in Sri Lanka during Wickremesinghe's two-day visit to India.
The chief minister mentioned plans for infrastructure expansion, projecting a land area of around 3,400 acres, and the development of a riverfront featuring international-level retail, recreation, and entertainment zones.
Boeing had advised a one-time inspection of all Boeing 737 Max aircraft before January 10, following information received about a missing nut and washer in the Aft Rudder Quadrant of one of these planes.
Housing demand remained robust, with over 19,050 RERA registrations observed nationwide, primarily dominated by 45 per cent of projects falling within the residential segment, said the report.
The IT sector mirrored trends seen in the latter half of 2023, with a 21 per cent fall in December compared to the same month in the previous year and a 4 per cent drop from November 2023.
The Sensex rose by 30.99 points, while the Nifty index climbed by 31.85 points on Tuesday.
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