Stock Market Update: May 2024

Stock Market Update: May 2024

Secondary Market: The BSE Sensex closed at 74,483 up by 1.13% and the Nifty 50 closed at 22,605 up by 1.24% in April 2024. Foreign portfolio investors (FPIs) recorded net outflows of Rs 16,260 Crores. Conversely, domestic institutional investors (DIIs) reported net...
Economic Update: May 2024

Economic Update: May 2024

Economic Update: RBI, in its latest bulletin, said that while global economy is turning fragile with inflation risking global financial stability; there is a growing optimism that India is on the cusp of long-awaited Economic take-off. Recent indicators point to a...
Economic Update: April 2024

Economic Update: April 2024

Economic Update: 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. RBI said that the growth has...