Stock Market Update: January 2025

Stock Market Update: January 2025

The BSE Sensex closed at 78,139 down by 2.08% and the Nifty 50 closed at 23,645 down by 2.01% in December 2024, amid weakness in IT and select banks. From a sector perspective, leading gainers were Information Technology (+6%), Teck (+5%) Consumer Durables (+3%), and...
Primary Market Update: January 2025

Primary Market Update: January 2025

There were  15 main board IPOs in December 2024 of Suraksha Diagnostics Limited, as One Mobikwik Systems Limited, Sai Life Sciences Limited, Vishal Mega Mart Limited, Inventurus Knowledge Solutions LIMITED, International Gemmolgical Institue India Limited, Transrail...
Economic Update: January 2025

Economic Update: January 2025

The International Monetary Fund (IMF) upgraded India’s GDP projections by 20 basis points to 7 percent, from previous estimate of 6.8 percent in April, reflecting carryover from upward revisions to growth in 2023 and improved prospects for private consumption,...