by Vora Corporate Finance | Jul 4, 2024 | Insights
Secondary Market: The BSE Sensex closed at 73,961 down by 0.70% and the Nifty 50 closed at 22,531 down by 0.33% in May 2024 ending lower as US treasury yields climb. Market sentiment was impacted by escalating tensions in West Asia and investor anxiety ahead of next...
by Vora Corporate Finance | Jul 1, 2024 | Insights
General Election 2024: Return of the coalition Government NDA, led by Narendra Modi, will make the record bid to comfortably form the central government third time in a row, a record earlier held only by Jawaharlal Nehru in 1962. However, BJP loses the majority of its...
by Vora Corporate Finance | Jun 1, 2024 | Articles, Capital Market Updates
The Monetary Policy Committee (MPC) met from 3rd to 5th April 2024 and decided to keep the policy rate unchanged at 6.50% and remain focused on withdrawal of accommodation and committed in aligning inflation to the target. The BSE Sensex closed at 73,651 up by 1.59%...
by Vora Corporate Finance | Jun 1, 2024 | Articles, Capital Market Updates
The Indian economy grew by tremendous 8.4% during the 3rd quarter of the FY 2023-24, beating all forecasts. GDP performance was due to strong performance of manufacturing and construction. PayTM bank engulfed in a major crisis after RBI directed it to halt all...
by Vora Corporate Finance | Jun 1, 2024 | Articles, Capital Market Updates
The finance minister presented the balanced Union Budget 2024, highlighting the healthy fundamentals of Indian economy. Government by giving a non-populist budget has shown confidence in the reform process and performance of government in last decade. There’s a...