Indian Investors Are Always Hungry For Returns No Matter What The Market Condition Is; And With The Beginning Of The Corporate Earnings Season, It Is Time During Which Publicly-traded Companies Announced Their Financial Results In The Market.
In the April-June quarter, double-digit growth in profits has been seen yet again for Indian stock market. Thanks to the robust recovery from the national sales tax introduced last July and higher metal prices, revenue growth in the period may reach a three-year high of 13%. At a time when emerging markets have been roughed up by trade tensions between the world’s biggest economies, the earnings picture in India is improving.
GROWTH IS SCALING UP IN RECENT MONTHS
India’s economic growth is scaling up in recent months, prompting the central bank to raise its outlook for gross domestic product growth to 7.4% in the year that started on April 1 from 6.6% in the previous year. It can be inferred that, India, the world’s fastest-growing big economy is relatively shielded from trade risks due to its large domestic market, which has added to the allure of its stocks.
As many as 123 companies listed on Bombay Stock Exchange (BSE) have declared their quarterly results for the April-June period. The benchmark BSE Sensex closed up 0.95 percent at 37,336.85 after hitting a record high for a fourth straight session.
Denne historien er fra August 2018-utgaven av Mad About Money.
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Denne historien er fra August 2018-utgaven av Mad About Money.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Pharma In Focus
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The Adhaar Story
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Why Millennials Wish They Had Grown Up In Baby Boomers' Times
Growing technology and evolving mindsets have caused disparity and to some extent a wide gap between the two generations. Yes, we are talking about Millennials and Baby Boomers.
The Public Provident Scheme
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Yes, probably we all envy the Mittals, the Kapoors, the Mallyas! Not because they are billionaires, but because the coming generation would also inherit the wealth and affluence that has been there since years. Perhaps, the great grandson of Vijay Mallya would be able to spend his entire life slurging and indulging into luxury without even stepping out of his house! Probably Taimur Khan, son of Saif and Kareena, would get casted in some big budgeted flick by some renowned filmmaker, to get launched without even struggling to show his acting skills.
The Indian Solar Energy Sector - Will It Make A Comeback In 2018?
The Indian Solar Energy Sector - Will It Make A Comeback In 2018?
Smart Investments In Smart Commercial Real Estate
Investing in Commercial Real Estate is no different from any other investments, specifically the traditional residential real estate investment, in the sense that it requires doing your proper research and homework before getting into it. However, to become a smart investor one needs to understand the subtle differences that commercial real estate investment has over the residential version of it.
Extravagant Lifestyles Of The Wealthy
If you happen to be an average person who thinks apple phones are all about the makers and impressive specifications you could be mistaken.
India Post Payment Bank Rollout Plan
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Desi Startups For Microsoft Ventures
India recently has been booming with various startups, catering to the regular needs of people, with sound supply chain and operational planning. Considering the innovative ideas of the startups and their rapidly growing popularity, global tech giant Microsoft is looking at investing in Indian tech startups through its venture funding arm. This news came from a senior official from Microsoft. Definitely this is going to be a revolutionary step in Indian economy.
