The Directorate General of Civil Aviation (DGCA) on Monday said that checks and inspection of the Boeing 737 Max 8 aircraft by Indian operators have been satisfactorily performed on the fleet, with no adverse findings.
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Nifty midcap100 up 44% while Nifty smallcap100 surges 54%
The IPO market was very vibrant, following the bullish trend in the secondary market. 58 IPOs came to the market for subscription to raise funds worth Rs 48,000 crore against 40 IPOs last year (total issue size of Rs 64,000 crore).
Piramal to adjust Rs 3,164 cr AIF exposure to comply with new RBI order
Piramal Enterprises has decided to adjust Rs 3,164 crore worth of exposure in Alternative Investment Funds (AIFs) in its financial statements through capital funds or provisions in order to comply with the latest RBI norms in this regard.
'Close call at 35,000 ft': Air India flight declares emergency after engine fire scare
The cause and call for emergency? A fire engine malfunction on one of the two CFM engines powering the Airbus A320neo, creating a tense situation for the crew and passengers on board in the flight on Tuesday.
Nifty hits all-time high as Fed sounds dovish
Thanks to the dovish narrative from the US Fed at the Federal Open Market Committee (FOMC) meeting, the Nifty 50 on Thursday scaled to an all-time high level and crossed the 21,100-mark for the first time, said Pranav Haridasan, MD and CEO at Axis Securities.
RBI hikes limits for UPI payments & e-mandates, to set up cloud facility, FinTech repository
Enhancing the payment limits for Unified Payments Interface (UPI), electronic mandates, setting up of cloud facilities, the financial sector and fintech repository were some of the major announcements made by the Reserve Bank of India Governor, Shaktikanta Das on Friday.
Seized SpiceJet aircraft released after Dubai court decision
SpiceJet flight carrying passengers from Ahmedabad to Dubai, which was diverted minutes before landing, and seized by a lessor recently has been released after Dubai International Financial Centre (DIFC) Court’s order.
Markets take a breather before RBI policy announcement
Among sectors, Nifty Auto, Nifty PSU Bank and Nifty Pharma ended in green while Nifty IT, Nifty FMCG and Nifty Metal ended on the lower side, he said.
Benchmark indices at record highs, markets in overbought condition
The benchmark indices reached new record highs on Monday, with Nifty surpassing 20,650 and Bank Nifty achieving a record high, gaining 1617.20 points, said Mandar Bhojane, Research Analyst at Choice Broking.
Retail investor exuberance pushing up broader market
Retail investor exuberance is pushing up the broader market. Investors should not be blinded by the recency bias and chase small caps running away without fundamental support, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Superstar investors preference for companies with low or no debt
Mid and small-cap stocks, known for their higher risk-reward ratio, have delivered high returns to investors like Kedia. Two of his top three holdings have risen by almost 100 per cent over the last year.
October sees third highest monthly inflow into equity funds
India equity mutual funds got inflows worth Rs 19,957 crore in October, up from Rs 14,091 crore in September, and the month saw the third highest monthly inflow into equity funds in the year 2023, as per Deepak Jasani, Head of Retail Research, HDFC Securities.
Unacademy's Graphy slashes about 30% jobs amid restructuring
Edtech platform Unacademy-owned software-as-a-service platform Graphy has laid off about 20-30 per cent of its workforce, or nearly 50 employees, in the last few weeks, as part of a restructuring exercise, media report said on Thursday.
Sensex plunges more than 600 points to below 64K mark
The uncertainties associated with the Israel-Hamas conflict will continue to weigh on markets in the near-term, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Bitcoin rocketing higher, topping $35,000 for the first time since May 2022
BlackRock applied in June to register a bitcoin spot ETF, which is pending approval. The company is the largest provider of ETFs in the world, managing trillions of dollars of assets. A BlackRock bitcoin ETF would give the cryptocurrency a new sense of legitimacy.
India poised to surpass Japan to become world’s 3rd largest economy by 2030: S&P
India is likely to surpass Japan to become the world's third-largest economy with its GDP doubling to $7.3 trillion by 2030, according to the latest S&P Global Market Intelligence report.
Nifty nosedives to 3-month low; small & mid-caps fall sharply
Nifty nosedived 261 points (-1 per cent) to close at a three-month low of 19,281.75, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services.
'Suspicious' payout that exposed Rs 16,000 cr scam bigger than PNB con
The police investigators said that the Safexpay’s Payout Platform was allegedly hacked by certain unknown entities, and the subsequent probe has shown that at least Rs 16,180 crore has been siphoned off, including some monies transferred abroad.
Israel-Hamas conflict negatively impacts market confidence
Nifty concluded on a downbeat tone, following the lead of the global market, with the majority of sectoral indices also doing so, said Vaibhav Vidwani, Research Analyst, Bonanza Portfolio.
Financial stocks likely to face more selling pressure due to large FPI exposure
The market responds to economic headwinds more than geopolitical tensions. From that perspective, the sustained rise in US bond yields is becoming a major challenge for the US, and thereby for global markets, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Suzuki eyes to make India its global electric car manufacturing hub
Maruti Suzuki's parent Suzuki Motor Corporation plans to make India its global electric car manufacturing hub with the first batch of vehicles expected to be rolled out as early as 2025, according to a news report.
Nifty surpasses 19800 mark on all round buying
Benchmark indices closed higher on Tuesday with Nifty surpassing 19,800, thanks to widespread buying across various sectors, says Mandar Bhojane, Equity Research Analyst, Choice Broking.
Sitharaman calls for private sector capital funding for SDGs
Private sector capital must complement the efforts of governments and multilateral institutions in pursuit of sustained financing needed for sustainable development goals (SDGs), Finance Minister Nirmala Sitharaman said on Saturday.
Indian Oil, BPCL, HPCL to take a hit due to soaring crude prices: Moody’s
The report points out that the market margins of the three oil companies -- the difference between their net realized prices and international prices -- have already weakened significantly from the high levels seen in the April-June quarter of the current financial year.
In first four days of Oct, FPIs sold stocks for Rs 9,412 cr
The dominant factor impacting capital flows to markets in recent weeks has been the steadily rising US bond yields, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.