Nifty holds above 19750, Sensex up 100 pts; Bank Nifty above 45600, NTPC, IndusInd Bank gain
Domestic indices in India opened in the green and reached new all-time highs, despite muted global cues. The NSE Nifty 50 index surged by 70.65 points or 0.36% to reach 19,819.90, while the BSE Sensex climbed by 203.34 points or 0.30% to reach 66,998.48. In terms of sectoral indices, the Bank Nifty gained 154.80 points […]
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Asian Development Bank Keeps India’s Growth Forecast Unchanged At 6.4%
Asian Development Bank (ADB), India’s economic growth forecast for the current financial year remains unchanged at 6.4 percent. The ADB also projects a growth rate of 6.7 percent for the following financial year. The bank attributes this positive outlook to robust domestic demand, which is expected to support the region’s recovery. Additionally, the ADB anticipates […]
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Wipro Q1 results: Net profit increases 11.9% to Rs 2,870 cr, while sales increases 6%.
IT giant Wipro Ltd. announced on Thursday that its net profit for the three months that ended on June 30 increased by 11.9% to Rs 2,870.1 crore. The company stated in a regulatory filing that during the first quarter of the current fiscal year (Q1FY24), “It registered an increase of 6% year-over-year (YoY) in its […]
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