New Delhi (IANS) Digital lending platform mPokket on Tuesday said it has raised up to Rs 500 crore (around $60 million) in debt capital from BPEA Credit’s private credit platform. mPokket said that the funds will be used to meet … read more
Mumbai (IANS) Bank Nifty surged more than 2.5 per cent on Friday as against the 1.6 per cent rise of Nifty. Friday’s market performance was dominated mainly by largecaps. ICICI Bank Ltd. contributed the most to the index gain, increasing … read more
Mumbai (IANS) Nifty rebounded on Tuesday, snapping a two-day decline in a choppy trading session, said Deepak Jasani, Head of Retail Research at HDFC Securities. While the Nifty50 settled 0.34 per cent, or 76.3 points, higher at 22,198.35 on Tuesday, … read more
New Delhi (IANS) An interesting feature of the FPI trend recently is the decline in FPI equity outflows despite the rising bond yields in the US, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services. Normally when the US … read more
Mumbai (IANS) In a volatile session, Nifty ended in the green on Thursday, touching a fresh record high helped by positive global cues, said Deepak Jasani, Head Retail Research at HDFC Securities. At close on Thursday, Nifty was up 162.40 … read more
New Delhi (IANS) Union Finance Minister Nirmala Sitharaman is expected to meet fintech startups next week amid regulatory concerns, after the central bank acted on Paytm Payments Bank and put certain curbs. According to a report in NDTV Profit on … read more
Mumbai (IANS) The BSE market cap touching a record high of around $4.7 trillion reflects the strength of the ongoing bull run and the momentum in the market, said V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. The fact … read more
New Delhi (IANS) Heavy buying in the banking sector helped broader indices inch towards new heights, countering the subdued beginning of the week characterised by concerns over elevated valuations and higher exchange margin requirements, says Vinod Nair, Head of Research, … read more
New Delhi (IANS) India Inc saw 142 deals worth $6.1 billion in the month of January, marking a 15 per cent increase in volumes and a 21 per cent increase in values compared to December 2023, a new report showed … read more
New Delhi (IANS) India’s smartphone market shipped 146 million smartphones in 2023, with a nominal 1 per cent growth (year-over-year), a new report said on Tuesday, indicating a flat to low single-digit annual growth for the smartphone market this year. … read more