NEW DELHI: The Indian stock market, including the National Stock Exchange (NSE) and the BSE faced strong selling pressure in recent sessions due to geopolitical uncertainty. Amid rising India-Pakistan tensions, investors have been wondering if the stock market will be open on May 12, the day Buddha Purnima is celebrated nationwide. The good news: trading will continue as usual on …
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Stock market holiday today: The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) are closed for trading today, April 10, due to the observance of Mahavir Jayanti 2025. Trading activities will commence again on Friday, April 11.During this closure, all trading segments will be closed, including equities, derivatives, currency, securities lending and borrowing (SLB), and electronic gold receipts (EGR). …
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It is advisable to verify operating hours with your local branch or consult the RBI’s official holiday calendar. April 2025 bank holidays: Banks across numerous Indian states will be closed on Thursday, April 10, 2025, for Mahavir Jayanti, a revered religious observance of the Jain community. As this holiday does not come under Reserve Bank of India’s (RBI) national holiday …
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India’s economy is set to grow at 6.7% in the current fiscal year, driven by robust domestic demand, rising rural incomes, and moderating inflation, according to the Asian Development Bank’s (ADB) Asian Development Outlook (ADO) report for April 2025. ADB forecasts the GDP to continue growing at a pace of 6.8% in FY26 (2026-27), supported by favourable fiscal and monetary …
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The Securities and Exchange Board of India (Sebi) has eased disclosure norms for foreign portfolio investors (FPIs) by increasing the asset threshold for granular beneficial ownership disclosures from Rs 25,000 crore to Rs 50,000 crore. This move comes in response to the significant growth in the market size, with cash equity trading volumes more than doubling between FY 2022-23 and …
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The MPC also decided to change the stance from neutral to accommodative. RBI MPC meeting: The Reserve Bank of India (RBI) governor Sanjay Malhotra announced that the Monetary Policy Committee (MPC) has unanimously decided to cut the key policy repo rate by 25 basis points to 6%. He also said that the GDP growth outlook for FY 2025-26 has been …
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Top stocks to buy (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, GAEL, Nazara Tech and Asian Paints are the top stock picks for today:GAEL: BUY in ₹114–119 Range | Stop Loss: ₹99 (Closing Basis) | Target: ₹140 / ₹150GAEL has recently broken out after consolidating within the ₹99–₹110 …
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Macquariehas maintained its ‘outperform’ rating on Titan with a target price of Rs 4,000. Analysts said that the company in the Jan-March period reported healthy jewellery sales growth that was above estimates. The growth was led by double-digit growth in ticket size with single-digit buyer growth. They said Titan’s healthy growth in Q4 was encouraging and enhances confidence in their …
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NEW DELHI: Led by Apple’s iPhone, India’s mobile phone exports crossed Rs 2 lakh crore mark in fiscal 2024-25, growing by a strong 54% over the previous year. The share of iPhone in the exports stood at Rs 1.5 lakh crore, Union minister Ashwini Vaishnaw said on Tuesday as he forecast a doubling of electronics exports over the next five …
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NEW DELHI: State-run Bharat Petroleum (BPCL) on Monday will form an equal joint venture with Sembcorp for green hydrogen production as well as other renewable energy projects in India and elsewhere.Sembcorp will execute the joint venture through its wholly-owned subsidiary Green Hydrogen India Pvt Ltd. The JV will leverage Sembcorp’s experience in renewables and BPCL’s experience in the petroleum sector …
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