Shares of Standard Capital Markets, a penny stock trading below Re 1, hit the 5 percent upper circuit at ₹0.90 after the company announced a fundraise of ₹27 crore.
3 min read4 Feb 2025Prashanth Tapse, Senior VP of Research at Mehta Equities, recommends stocks including Hindustan Unilever, Mahindra, and IndiGo. The Budget favours consumption-driven sectors, enhancing the middle class’s spending power, which could boost economic growth.
3 min read1 Feb 2025The RBI is expected to cut the repo rate by 25bps in February, easing borrowing costs for the middle class. Analysts predict a total reduction of 100bps in the current cycle, fostering economic growth amid favorable inflation projections.
2 min read2 Feb 2025The Indian stock market fell during intraday trading on February 1, despite a slightly better-than-expected income tax relief package announced by Finance Minister Nirmala Sitharaman in her Budget 2025 speech.
2 min read1 Feb 2025In Budget 2025, Finance Minister Nirmala Sitharaman announced significant personal income tax changes, resulting in FMCG, consumer durables, and realty stocks rising. Nifty FMCG and Consumer Durables indices saw over a 2% increase, while the Realty index rose over 1%.
2 min read1 Feb 2025Budget 2025: Insurance stocks, including LIC India, ICICI Lombard, and New India Assurance, gained in intraday trade on February 1 after the Finance Minister announced a 100% FDI limit in the sector.
2 min read1 Feb 2025Budget 2025: Footwear stocks like Relaxo Footwears and Mirza International rose up to 13% on February 1 after the Finance Minister announced a focused product scheme for the footwear and leather sectors, potentially creating 22 lakh jobs and generating ₹4 lakh crore in turnover.
1 min read1 Feb 2025Budget Day trading strategy: The Union Budget 2025 is expected to benefit sectors like healthcare and infrastructure, while traders should be cautious on Budget Day due to potential volatility.
3 min read1 Feb 2025Economic Survey 2025: According to the survey, India’s gross foreign direct investment inflows increased 17.9% from $47.2 billion in the first eight months of FY24 to $55.6 billion in the same period of FY25.
5 min read31 Jan 2025Budget 2025: Ace investor Shankar Sharma urges the removal of STT and reduction in capital gains tax. He also talks about Donald Trump’s actions in the US, know what he said…
6 min read31 Jan 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared