The combined average daily cash turnover of BSE and NSE in March so far stood at around Rs 1 lakh crore, reflecting only a modest 3% rise compared to the previous month. The cash market turnover is still down 40 percent from the June 2024 peak, even as markets attempt a rebound in March.
According to the report, a total of 2,031 kilometres of railway network was commissioned in the current fiscal year during April to November, which was slightly slower than the 2,282 km of rail network was commissioned in FY24 during the same period.
Recent changes in the rules for the derivatives market have prompted traders, especially algo ones, to adopt a cautious approach as they wait for smoother market dynamics
Going forward projects for three major corridors viz. (1) High-traffic density corridors, (2) Energy, Mineral and Cement Corridors and (3) Rail Sagar (port connectivity) corridors are also planned to reduce logistics cost, carbon footprint and boost railway freight volumes.
Average transaction volume higher than the previous month
Rural recovery needs to be watched in the near term
In the initial nine months of FY24, APSEZ managed around 311 MMT of total cargo, which is a healthy 23 percent on-year growth
On the growth outlook for 2024, Kim maintained that it is very optimistic for this calendar year but added that he could not predict the future due to the geopolitical tensions in the Middle East and war between Russia and Ukraine.
In October, foreign portfolio investors sold upto 5.9 lakh shares, while domestic investors bought 38.65 lakh. Non-resident Indian investors sold around 3.27 lakh shares.
Ola Electric continues to lead the EV two-wheeler market with around 29.3 percent market share followed by TVS Motors and Ather Energy
In the 12 months ending June 2023, price hikes contributed as much as half of the India pharma market growth
With a large dividend payout in FY23, HZL has turned into a net debt company
Indian Railways’ focus on freight movement during the pandemic has resulted in Railways clocking over 18 percent growth in cargo loaded in the first three quarters of the present financial year 2021-22 over the corresponding period of the previous year, points out the Survey.
For the last few days, shares of most FMCG companies have been trading lower as quarterly updates pointed to a fall in demand and margin pressure amid rising inflation
The company's chief executive officer Karan Adani said that his company handled a cargo throughput of 100 MMT in the first 99 days of 2022-23 and is poised to become the world’s largest port operator by 2030.
Revenue for the quarter fell 16% year-on-year to Rs 1,879 crore. EBITDA margins slumped by 252 basis points to 13.1% from 15.6% a year ago.
The government announcing the 11th round of city gas distribution bidding may turn out to be a good opportunity for MGL
In the last few days, trading volumes have fallen across segments, causing havoc among traders. In this article, we will examine the effects of this, and what precautions we can take to decrease our risks.
Research firms expect better volumes going forward and reiterate their buy call on the stock.
Amritanshu Khaitan, MD of the company said flashlight and battery business was impacted due to demonetisation. However, both the businesses will show see huge growth in volumes in FY18.
The note ban pain is felt by the 800 workers of the country's top two-wheeler giants, who have been put on the bench as the companies wait for demand to get back to normal.
UltraTech Cement posted better-than-expected third quarter earnings Saturday but Murtuza Arsiwalla, analyst at Kotak Institutional Equities is not too optimistic on the stock right now due to its rich valuations.
The 50-share Nifty should consolidate between 7,920 - 8,100 for a few weeks, according to Mitesh Thacker of miteshthacker.com.
In conversation with CNBC-TV18, ES Ranganathan, MD of the company, said the company expects to grow in double digits at around 10 percent for the next two quarters of this fiscal year.
The effects of an economic recovery will start showing in small domestic-facing companies well before large companies, says Lalit Nambiar, Fund Manager at UTI MF.