Business Archives - Page 3 of 16

08 Aug

Stock Markets Update: Indices crash again on 8th August

nareshBusinessBSE, BSE Sensex, INR vs USD Value, Nifty50, Nifty50 Sensex, NSE, Stock Markets, Stock Markets on 8th August

Stock Markets crashed again on 8th August after previous session recovery. Intially, investors showcased great interest in big stocks and markets held on to the momentum. But as the session progressed, indices had strong negative effect due to losses in Asian markets. Hence, again markets crashed unable to hold on to gains. Going into the details, benchmark indices had a flat start. With RBI's announcement to not change the interest rates, big stocks performed better. But intraday losses resulted in BSE valuation to reduce by 3 Lakh crores in one session. Finally, Big indices of Stock Markets, BSE lost 581.79…

07 Aug

Stock Markets Update: Indices finally recovered from losses

nareshBusinessBSE, BSE Sensex, INR vs USD Value, Nifty50, Nifty50 Sensex, NSE, Stock Markets

Stock Markets recovered from huge losses on 7th August. Investors started investing big stocks this session after continuous losses for three consecutive sessions. Global markets have recovered from losses propelling investors to keep investing. They avoided the general tendency to book profits and that helped in the recovery. Going into the details. BSE Sensex started the session way above the previous closing. It continued to trade at the same level recovering over 850 points. Nifty50 has been able to start above 24,000 mark and sustain the same till the closing. Finally, Big indices of Stock Markets, BSE gained 874.94 points…

06 Aug

Stock Markets Update: Indices recover yet crash again

nareshBusinessBSE, BSE Sensex, INR vs USD Value, Nifty50, Nifty50 Sensex, NSE, Stock Markets

Stock Markets recovered from huge losses yet crashed again on 06th August. After the huge crash on 5th August, with Asian markets performing well, indices started off well. Investors showcased interest in big company stocks at low rates. While indices recovered and looked like restoring positivity, investors went for profit booking. Going into the details. BSE Sensex raced from the start and recovered 900 points at one point intraday touching 79,852 mark. With profit booking, it slid down by 1300 points towards end. Nifty50 also showcased similar trend and ended below 24,000 mark. Finally, Big indices of Stock Markets, BSE…

05 Aug

Stock Markets Update: Indices end with huge crash

nareshBusinessBSE, BSE Sensex, INR vs USD Value, Nifty50, Nifty50 Sensex, NSE, Stock Markets, Stock Markets crashes huge

Stock Markets crashed huge on 5th August. Due to recession fears in USA, investors started vigorously booking profits in major tech stocks. Bank of Japan has also recently increased 0.25% interest rates and stopped buying bonds. This resulted in decrease in Yen value. Adding to all these factors, war atmosphere between Iran and Israel also contributed to huge crash. In the session, Markets lost Rs.15 Lakh crores in valuation reducing it from Rs.457 Lakh crores to Rs.442 Lakh crores. BSE Sensex lost more than 2600 points in this session and recovered slightly. On the other hand, Nifty50 has also dipped…

03 Aug

Stock Markets Update: Indices crash on 2nd August

nareshBusinessBSE, BSE Sensex, INR vs USD Value, Nifty50, Nifty50 Sensex, NSE, Stock Markets, US Recession fears

Stock Markets ended with huge losses on 2nd August. Investors focused on booking profits and decided to withdraw their investments from several big players. Maruthi Suzuki, Tata Motors have been major losers in both the big indices. HDFC Bank, Kotak Mahindra Bank and Sun Pharmaceutical Industries traded in green at the same time. In the session, most of the investors fears about recession resurfacing after distressing data been announced from USA. This resulted in every stock facing huge sell out pressure. While few big stocks did resist but mostly, markets faced heavy losses. Hence, Big indices of Stock Markets, BSE…

01 Aug

CASS Europe set to help you realise your France Dream!

nareshBusiness, Lifestyle, SponseredBlue Ribbon Overseas, CASS Europe, CASS European Institute of Management Studies, Charudutta Budhankar, Overseas studies

Today, on 1st August, one of the Top France Institutions, CASS Europe ( CASS European Institution of Management Studies) launched their new admissions office in India at our city Hyderabad. The institute located in Paris, entered into partnership with Blue Ribbon Overseas as southern India partner in admissions and enrollment to the university. University India Head Mr. Charudutta Budhankar from CASS Europe have come all the way from France to meet with Hyderabad based Top Educational Consultants at Radisson Hotel, Banjara Hills. In regards to the Agents Meet, Blue Ribbon Overseas Director Mr. Santosh Kumar has introduced the consultants about…

31 Jul

Stock Markets Update: Indices end with good gains

nareshBusinessBSE, BSE Sensex, INR vs USD Value, Nifty50, Nifty50 Sensex, NSE, Stock Markets

Stock Markets ended with gains once again but better on 31st July. Bank of Japan has increased the interest rates but it did not bring down investors' enthusiasm. Still, investors are circumspect about US Federal reserve announcement. Indices again hit lifetime highs for the fourth consecutive session. In the session, investors started the session better than previous closing. BSE Sensex kept trading above 81,400 mark throughout the session. Also, Nifty50 Sensex did not fall down 21,850 mark. Hence, Big indices of Stock Markets, BSE gained 285.95 points to close at 81,741.34 and Nifty50 gained 93.85 points to close at 24,951.15…

30 Jul

Stock Markets Update: Indices again end flat

nareshBusinessBSE, BSE Sensex, INR vs USD Value, Nifty50, Nifty50 Sensex, NSE, Stock Markets

Stock Markets have once again ended flat after touching huge highs on 30th July. Investors once again decided to go for profit booking post hitting huge highs. The major reason for this kind of turnout is the circumspecion about US Federal reserve upcoming decisions. Also, the International cues have not been great as well. In the session, BSE Sensex hit again 81,815.27 mark and then started slipping down after hitting another lifetime high mark. Nifty50 also traded again in the same regions as 29th July. It hit highest mark at 24,971.75 and then slipped down. Hence, Big indices of Stock…

29 Jul

Stock Markets Update: Indices hit highs yet end flat

nareshBusinessBSE, BSE Sensex, INR vs USD Value, Nifty50, Nifty50 Sensex, NSE, Stock Markets

Stock Markets have ended registering marginal gains after hitting new life-time highs on 29th July. Investors continued the positive momentum of previous session during opening bell. Both of them started huge and continued to trade in green for most part. At the highs, many started booking profits hence, gains have been nominal. In the session, global cues have been very positive and large stocks did well from the opening moment. But as they hit highest marks at 81,908.43 and 24,999.75 in BSE Sensex & Nifty50, respectively, investors booked profits. Hence, Big indices of Stock Markets, BSE gained 23.12 points to…

29 Jul

Parampara aims to spread Flavors of India with franchises

nareshBusiness, LifestyleHitesh Bang, Parampara, Parampara chain of restaurants, Parampara Flavours of India, Parampara Franchises

Parampara - Flavors of India, the vegetarian restaurant that has made fine dining an affordable experience, is looking to expand all over, inviting new franchises. Hitesh Bang, the founder of the restaurant chain, saw opportunity during Covid pandemic beyond the adversity. He recognised the need for making fine dining a necessity for costumers rather than a luxury. Generally, the fine dining restaurants amp up the prices citing their luxurious ambiance. They don't normally consider food taste to be directly proportional with prices. Hitesh Bang, with Parampara, has decided to break this and set up a new norm. He has decided…

27 Jul

Stock Markets Update: Indices rebound big time

nareshBusinessBSE, BSE Sensex, INR vs USD Value, Nifty50, Nifty50 record life-tme high, Nifty50 Sensex, NSE, Stock Markets, Stock Markets recover huge

Stock Markets rebound on 26th July with huge gains in both indices. Investors have benefitted with rally in blue chip stocks like Infosys, Reliance. Majority of IT stocks did well has most of them did better than anticipated in last quarter. At lows, the rally in these stocks drove such a considerable rebound. In the session, global cues have been great and this helped investors to start off the session on a positive note. Most of the stocks have recorded huge gains and less number of stocks ended up in losses. Nifty50 has hit record all-time high before closing. Recovering,…

23 Jul

Union Budget 2024: Key highlights and important take aways

nareshBusiness, National, PoliticsDirect Taxes, Finance Minister Nirmala Sitharaman, GST, Key highlights of Union Budget 2024, Nirmala Sitharaman, Tax Reforms, Taxes, Union Budget 2024

Union Budget 2024 has been presented by Finance Minister Nirmala Sitharaman in Parliament on 23rd July 2024. After Interim Budget presented on 1st February, now, the newly formed government has presented the full budget for this financial year 2024-25. Finance Minister has announced that the Union Budget 2024 has been focused on these key areas: Productivity and Resilience in Agriculture Employment and Skilling Inclusive Human Resource Development and Social Justice Manufacturing and Services Urban Development Energy Security Infrastructure Innovation, Research and Development Next Generation Reforms Union Budget 2024 Key Features The direct tax proposals have been changed under this new…