Experts Financial News

Sanjay Raut on Thursday said he is doubtful whether the central government led by Prime Minister Narendra Modi will survive even for two years till 2026. If the Modi government fails to complete its term, it would also trigger a political change in Maharashtra and other states, he claimed.

Basic Home Loan, a platform for automating home loans for middle- and low-income households in India, which has recently raised $10.6 million (Rs 87.5 crore) in a Series B funding round, is expected to close FY25 with Rs 15,000 crore disbursal.

<a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. 0.43 per cent to Rs 6097.35 in Thursday's trade as of 01:33PM (IST) even as the benchmark Nifty ruled at 24087.4, 344.5 points. The scrip had closed at Rs 6070.95 in the previous session. The stock quoted a 52-week low of Rs 3350.05 and a high of Rs 6448.75. The company quoted a market-cap of Rs 161935.83 crore on the BSE.

Delhi assembly elections by double voting, AAP MP Sanjay Singh on Thursday said that the BJP does nothing but spread lies.

I bought a flat in Thiruvananthapuram in 1991 for Rs 3.75 lakh, which included registration charges and interior work costs at the time. This year, I sold it for Rs 43.5 lakh. I need clarification on capital gains, including indexation, as I understand real estate transactions preceding 2001 are still eligible for indexation benefits. How much tax will I have to pay? Will the gains be taxed at 20% or 12.5%? Sudhir Kaushik Co-founder & CEO, TaxSpanner: The tax liability amounts to Rs 5,97,750 lakh with indexation, but it will be lower if you opt for the method without indexation, as it will come to Rs 4,96,875. Based on the calculation, opting for the new capital gain tax at 12.5% without indexation will be beneficial for you by Rs 1,00,875. Also read | Capital gains tax changed, big relief for homeowners: 12.5% LTCG tax or 20% tax with indexation, which will reduce tax outgo?

Indian Hotels Company Ltd. traded at Rs 874.90 on BSE at 01:28PM (IST) on Thursday, 0.2 per cent from previous close. The scrip quoted a 52-week low price of Rs 429.30 and a high of Rs 894.15.

Chandrababu Naidu on Thursday said that once the construction of the proposed capital of the state, Amaravati, was completed, the state would become a prime destination for filmmaking.

Petronet LNG shares plunged as much as 6.7% on Thursday to Rs 324.05 on the BSE, pressured by critical remarks from the Petroleum and Natural Gas Regulatory Board (PNGRB) regarding tariff-related issues and a bearish note from brokerage firm Citi placing the stock under a 90-day negative watch. PNGRB has called out Petronet LNG for profiting at the expense of gas consumers and is pushing for a framework to regulate its regasification activities. The regulator criticized the company for “profiting immensely” by annually increasing tariffs at its Dahej terminal while failing to pass on the benefits of capacity expansions and improved utilization.

«So, look to buy on dips, that should be your strategy for the current market scenario. At 24,000 today, the risk-reward is not favourable for fresh longs, but if there is an intraday dip, you can be a buyer at these junctures,» says Rahul Sharma, JM Financial Services. It seems like it is a good start of the new calendar year. Just yesterday, we have seen good gains and we are just building on to the gains. 23,900 is what we have crossed in today's trading session. What is your take coming in on the benchmark indices? Rahul Sharma: Well, it is a cheerful start to 2025 and the best thing about January or rather this quarter is there is a strong possibility that this month be a positive one because historically speaking around 20-23 years every time Nifty has given three months of negative returns, the four-month has been invariably positive, so that is a bit of statistic. But if we look at the institutional positioning, especially the FIIs long-short ratio, that bottoms out generally around that 12% mark. So, we have come close to 14% roundabouts and it is a matter of time that Nifty shakes out that and we start a structural recovery from here. Zooming into what exactly is happening today.

Xiaomi India has appointed Sandeep Singh Arora as its chief business officer, strengthening its leadership team following the exit of company president Muralikrishnan B.

SRF Ltd. traded 0.02 per cent in Thursday's session at 01:08PM (IST). The stock opened at Rs 2211.00 and has touched an intraday high and low of Rs 2225.00 and Rs 2200.00, respectively, during the session so far. The stock quoted a 52-week high of Rs 2697.45 and a 52-week low of 2088.55. About 3,752 shares changed hands on the counter so far.

Tata Power Company Ltd. 0.35 per cent to Rs 393.80 in Thursday's trade as of 01:13PM (IST). The stock hit a high price of Rs 394.00 and low of Rs 387.50 during the session. The return on equity (ROE) for the stock stood at 11.42 per cent. Traded volume on the counter stood at 01:13PM shares and turnover at Rs 16.14 crore around that time. The stock of Tata Power Company Ltd. quoted a 52-week high price of Rs 494.85 and 52-week low prices of Rs 319.80, respectively.

Bajaj Finance shares surged 5.8% on Thursday to a high of Rs 7,272.95 on the BSE following a positive outlook report by global brokerage firm Citi, which maintained a ‘buy’ rating on the stock with a price target of Rs 8,150 per share, citing a 90-day positive catalyst watch. The target price indicates an upside potential of 17.5% in the stock from its previous closing price.

ACC Ltd. 0.9 per cent to Rs 2070.05 at 12:12PM (IST) in Thursday's trade. The counter has hit a high of Rs 2071.25 and low of Rs 2040.05 so far during the session. The stock had closed at Rs 2051.45 in the previous session. The counter has had a total traded volume of 2489 shares so far with a value of Rs 0.52 crore on the NSE. It traded at a price-to-earnings multiple of 18.92 and a price-to-book ratio of 2.87.

renewable energy (RE) capacity addition could exceed 35 gigawatts (GW) in 2025 on the back of a strong project pipeline, favourable solar photovoltaic module prices, and an increase in wind manufacturing capacity, according to some industry executives.

Omar Abdullah Thursday expressed hope that Jammu and Kashmir's Union Territory status is a temporary phase and that the central government fulfils its promise of restoring its statehood. «It has been a little over two months since we came to power. It took us time to understand how the UT government works. We have been associated with the government earlier, but there is a vast difference between that form and the present form,» Abdullah said at a media interaction at the Sher-i-Kashmir International Convention Centre (SKICC) here.

cyber scam called the «Jumped Deposit» scam that's been spreading. It targets UPI users by tricking them into authorizing unauthorized withdrawals from their bank accounts. Here's how it works: you get a small deposit in your account, and when you check your balance and enter your PIN, the scammer pulls the funds right out. It's sneaky and harder to detect, but don't worry—there are ways to protect yourself!

Bharat Electronics Ltd. traded 0.42 per cent at Rs 292.65 at 12:27PM (IST) on Thursday, even as BSE benchmark Sensex 816.01 points to 79323.42. The scrip had closed at Rs 293.90 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 340.35 and Rs 171.70, respectively.

Maharashtra Real Estate Regulatory Authority (MahaRERA) has revised the minimum eligibility criteria for forming a Self-Regulatory Organization (SRO) that are expected to help ensure regulatory compliance among property developers.