Articles for category: Business

Rajiv Sharma

Scary prediction for Nifty amid chaos: Market to crash further!

Scary prediction for Nifty amid chaos: Market to crash further!

The Indian stock market is currently experiencing significant challenges, marked by a trend of consistent decline. In February, the benchmark index Nifty 50 registered its longest monthly losing streak in 29 years, highlighting the severity of the situation since 1996. This article delves into the reasons behind this downturn, potential impacts on the economy, and ...

Rajiv Sharma

PNB offers major relief to customers with decision on home loan EMIs

PNB offers major relief to customers with decision on home loan EMIs

In recent years, the shift to floating rate loans linked to External Benchmark Lending Rate (EBLR) has transformed the banking landscape in India. This change impacts how borrowers are affected by fluctuations in interest rates, particularly when it comes to home loans. Understanding the implications of EBLR for borrowers is crucial, as any adjustments made ...

Rajiv Sharma

Black Friday: Longest Nifty Decline Since 1996; Sensex Drops 1414 Points

Black Friday: Longest Nifty Decline Since 1996; Sensex Drops 1414 Points

The global financial markets have recently faced significant turmoil, primarily triggered by a stark announcement from former U.S. President Donald Trump regarding an additional 10% tariff on Chinese products. This decision sent shockwaves through stock exchanges around the globe, resulting in marked declines in various indices, including India’s benchmark indices, Sensex and Nifty, which plummeted ...

Rajiv Sharma

Ultratech to Enter New Business; Shares of These Companies Plummet, ₹33,000 Crore Loss

Ultratech to Enter New Business; Shares of These Companies Plummet, ₹33,000 Crore Loss

On Thursday, the shares of five major wire and cable companies experienced significant declines. These companies include Polycab India Limited, Havells India Limited, KEI Industries Limited, Finolex Cables Limited, and RR Kabel Limited. Understanding the factors behind this dip can provide valuable insights into the current market trends and the overall health of the electrical ...

Rajiv Sharma

Stock drops 60% to ₹14 in 2 months, company announces major deal.

Stock drops 60% to ₹14 in 2 months, company announces major deal.

Vakrangee Limited is poised to be in the spotlight during Thursday’s trading session. This attention comes as the company has announced a strategic corporate agency tie-up with Aditya Birla Capital’s health insurance arm, Aditya Birla Health Insurance Company Limited (ABHICL). This partnership aims to enhance the distribution of health insurance products, thus marking a significant ...

Rajiv Sharma

Expert predicts market levels amid chaos in stock market

Expert predicts market levels amid chaos in stock market

The recent stock market crash in India highlights the growing concerns among investors and the impact of global factors on domestic markets. For the fifth consecutive session, the Indian stock exchanges have faced sharp declines, driven by significant outflows of foreign institutional investors (FIIs), weakening global cues, and apprehensions regarding potential trade wars between major ...

Rajiv Sharma

Despite market chaos, these 6 stocks surged with strong returns in 5 days, priced under ₹20.

Despite market chaos, these 6 stocks surged with strong returns in 5 days, priced under ₹20.

The stock market often faces fluctuations, and during periods of downturn, investors tend to seek opportunities in penny stocks. Recently, amidst bearish trends, some penny stocks have shown remarkable resilience, gaining as much as 25%. This article delves into the details of these penny stocks, providing insights into their performance and potential investment strategies. Understanding ...

Rajiv Sharma

Prepare for the money, government to launch IPOs of 5 companies

Prepare for the money, government to launch IPOs of 5 companies

In recent months, the Indian power sector has witnessed significant developments, particularly related to Initial Public Offerings (IPOs). Key players in this industry, such as the Andhra Pradesh Power Generation Corporation (APGENCO) and the Gujarat Energy Transmission Corporation (GETCO), are currently in the process of appointing merchant bankers. Additionally, three more companies are preparing to ...