Indian equity markets ended higher with the Nifty 50 closing at 24,765.90 and the Sensex rising 899 points to 80,015.90. The rally was driven by easing geopolitical tensions involving Iran, strength in global markets, a rebound in the rupee, and strong buying interest in refinery stocks led by Reliance Industries.
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As part of the changes, the existing 12% and 28% slabs have been removed. While 5% and 18% slabs are in place.
It is significant to remember that the budget from the previous year had made room for projects in Bihar and Andhra Pradesh
The appointment shall be made for a maximum period of five years from the date of assumption of charge or till attaining the age of 65 years of the appointee
According to the trade association, the dry fruit market in India is expected to reach USD 12 billion by 2029, expanding at a compound annual growth rate of 18%.
States have been requested to submit their proposals, which will be compiled and finalized by the Central Electricity Authority.
To handle taxpayer concerns, the Income Tax Department has a Unified Grievance Management system called e-Nivaran.
Alcohol stocks rallied up to 7% after Karnataka announced major policy changes in its state budget. The government will no longer control liquor prices and has introduced alco-beer tourism, opening new growth opportunities for alcohol companies.
India VIX, often called the market’s fear gauge, has recently surged nearly 50%, raising concerns about rising volatility in the Indian stock market. By analysing historical periods such as the COVID-19 crash and the Russia-Ukraine war, we explore how VIX spikes impact the Nifty 50 and what investors should expect in the coming days.
Reliance Industries shares rebounded after a short-term correction as investors grew optimistic about improving diesel refining margins and potential catalysts such as a Jio IPO and telecom tariff hikes. However, cyclical refining margins and potential windfall taxes remain key risks to watch.
Indian equity markets ended higher with the Nifty 50 closing at 24,765.90 and the Sensex rising 899 points to 80,015.90. The rally was driven by easing geopolitical tensions involving Iran, strength in global markets, a rebound in the rupee, and strong buying interest in refinery stocks led by Reliance Industries.
Alcohol stocks rallied up to 7% after Karnataka announced major policy changes in its state budget. The government will no longer control liquor prices and has introduced alco-beer tourism, opening new growth opportunities for alcohol companies.
India VIX, often called the market’s fear gauge, has recently surged nearly 50%, raising concerns about rising volatility in the Indian stock market. By analysing historical periods such as the COVID-19 crash and the Russia-Ukraine war, we explore how VIX spikes impact the Nifty 50 and what investors should expect in the coming days.
Reliance Industries shares rebounded after a short-term correction as investors grew optimistic about improving diesel refining margins and potential catalysts such as a Jio IPO and telecom tariff hikes. However, cyclical refining margins and potential windfall taxes remain key risks to watch.
Indian equity markets ended higher with the Nifty 50 closing at 24,765.90 and the Sensex rising 899 points to 80,015.90. The rally was driven by easing geopolitical tensions involving Iran, strength in global markets, a rebound in the rupee, and strong buying interest in refinery stocks led by Reliance Industries.
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