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With Bitcoin’s impressive reversal rally from the $61,500 level leading the cryptocurrency market’s bullish resurgence, Bitgert coin is also gaining significant momentum. With a remarkable 25% gain in a month, the bull run in BRISE is picking up pace.

Indian Hotels Company , EIH Ltd , Lemon Tree Hotels, Chalet Hotels share price have risen 70%-189% in last one year. The same has been helped by continuing upcycle as Revenue per available room (RevPAR) have improved regularly in the back of rising occupancy and improvement in average room rates (ARR). The outlook remains strong and share prices of EIH, Lemont Tree Indina Hotels, Chalet Hotels rose up to 5.7% on Monday The analysts and experts expect the earnings growth trend to continue.

demat account is as crucial as choosing the appropriate bank account for seamless banking transactions. Your demat account acts as the gateway to stock investing and trading in various securities like derivatives, bonds, commodities, and mutual funds. In recent years, there has been a significant increase in demat account additions, driven by growing awareness about stocks.

BSE Midcap index rose 1.64 per cent while the Smallcap index jumped 2.98 per cent. The overall market capitalisation (mcap) of BSE-listed firms rose to nearly ₹393.2 lakh crore from nearly ₹387 lakh crore in the previous session, making investors richer by nearly ₹6.2 lakh crore in a single session. Nearly 170 stocks, including Larsen & Toubro, Tata Steel, Adani Ports, DLF, Ambuja Cements, IndiGo, ICICI Prudential Life Insurance Company and Grasim Industries, hit their fresh 52-week highs in intraday trade on BSE.

Stock market today: Dixon Technologies shares have been in uptrend for nearly one year. In this time, Dixon Technologies share price has risen from around ₹2,893 to ₹7,626.90 apiece level on NSE, logging around 160 percent rally in this time. So, this electronic manufacturing services company share is one of the multibagger stocks in India.

Read here: Tata Motors vs M&M: Which auto major should you pick for the long term? The Nifty Auto index has surged 75 percent in the last 1 year and almost 16 percent in 2024 YTD. In comparison, the benchmark Nifty has advanced over 29 percent in the last 1 year and 3.5 percent in 2024 YTD. The auto index rose 5 percent in March, extending gains for the 5th straight month since November 2023.

Also Read: Rise of the uber-rich drives luxury brands in India Over a century ago, gold was perceived as a luxury item, reserved for special occasions and the affluent. However, today, it has transformed into a common household commodity, with widespread ownership and usage.

RBI Celebrates 90 Years: Prime Minister Narendra Modi on April 1 praised the widespread adoption of UPI and stressed the importance of the Reserve Bank of India (RBI) focusing on promoting digital transactions and financial inclusion over the next decade. The prime minister was delivering the keynote address at the central bank's 90th anniversary event today in Mumbai. Also present were RBI Governor Shaktikanta Das and Finance Minister Nirmala Sitharaman.

Infosys will release its Q4 results on April 18, while HCL Technologies will announce its March quarter earnings on April 26. The largecap IT services players are expected to report modest revenue growth in Q4FY24 as muted demand trends continue on account of weak discretionary spending and cautious behavior by clients, amid an uncertain global macroeconomic situation. Among verticals, BFSI, Communications, and Hi-Tech are expected to be among the laggards, with continued weakness in North America.

Crisil Ratings on Monday said the credit quality outlook for Indian corporates remains positive for the April-September period of the 2024-25 fiscal year with upgrades continuing to outpace downgrades. In the last fiscal year, Crisil gave 409 rating upgrades and 228 downgrades. Some export-linked sectors, such as textile and seafood, saw a higher downgrade rate due to subdued global demand or high-cost inventory that impacted profitability. «India Inc's credit quality outlook is positive for the first half of fiscal 2025 with upgrades expected to outnumber downgrades. Multiplier effect of government capex will continue to drive infrastructure and linked sectors. Healthy balance sheets will continue to support the credit quality outlook, with capex funding seen prudent,» Crisil Rating said. It said the outstanding bank credit is expected to cross Rs 200 lakh crore by March 2025, from Rs 172 lakh crore a year ago, even though there would be moderation in the rate of credit growth.

SRM Contractors IPO: The allotment date of the initial public offering (IPO) of SRM Contractors Limited is expected today. The public issue opened for bidding on Tuesday and ended on Thursday last week. As Friday was a stock market holiday, applicants of the SRM Contractors IPO are expecting the announcement of share allocation any time today.

₹1,200, supported by a strong bullish candle, suggesting a continuation of the medium-term uptrend. The stock is exhibiting a medium-rising channel trend, finding support at the lower band and poised to advance towards the upper band. It has closed above the daily upper Bollinger band, signalling a buying opportunity in the short term also.

Read the full story here.)Sensex Today Live : According to ANI, oil marketing companies (OMCs) in India have reduced the prices of 19 kg commercial cylinders and 5 kg Free Trade LPG (FTL) cylinders. The price reduction for the 19-kg commercial cylinders is ₹30.50, bringing the price in Delhi to ₹1,764.50 as of April 1.

Sensex jumped 655 points to settle at 73,651 and the Nifty climbed 203 points to end at 22,326. Stocks that were in focus included names like IDFC First Bank, which fell 2.96%, VIP Industries, which jumped 11.05%, and Ambuja, whose shares gained nearly 2% on Thursday.

It was in 1867 under the British Raj that India adopted a fiscal year starting 1 April, when James Wilson was finance minister. Not only was the date arbitrary, so was annual accounting, drawn as it was from agriculture. Although other institutions traceable to early farming—like patriarchy—have been challenged, the idea of an annual reckoner has endured for centuries with little resistance.

Stock market today: On the last trade session in FY24, the Indian stock market witnessed a decisive intraday upside breakout. The Nifty 50 index went up 203 points and ended at the 22,326 level, the BSE Sensex shot up 655 points and finished at the 73,651 mark whereas the Bank Nifty index surged 338 points and closed at the 47,124 level. In the broad market, the small-cap index gained 0.33 percent while the mid-cap index scaled 0.62 percent north on the last trade session of FY24.

Bitcoin’s next halving could push its value sky-high, with some experts predicting a spike up to $200,000. This major potential growth shines a spotlight on the entire crypto universe, where there are other lesser-known digital currencies that might also soar. In line with such extraordinary market movements, investors are scouting for the next big hitters. Hidden within the vast crypto space, a select few altcoins are showing signs of enormous upside, possibly reaching a thousand percent rise.  

hospitality sector witnessed a record $ 401 million worth of investment activity in 2023, a nearly fourfold rise compared to 2022, as per data cited in JLL India’s 'Hotel Investment Trends — India 2023' report shared exclusively with ET. JLL said 2023 saw 22 hotel transactions, which is the largest number of assets traded in the last decade, with high net worth individuals and institutional investors contributing the most to transaction activity. The report mentions that January to March, the first quarter of calender year 2024 has seen a significant 80% year-on-year increase in hotel transaction volumes, reaching $ 78 million.

₹2.86 trillion into public sector banks, as per data presented in the Parliament by junior finance minister Bhagwat Karad in March 2023. The cleanup of legacy bad loans and stronger underwriting decisions have played a role in the improvement of their health. Asked about the trends in private capex, the minister said the private sector is investing significantly in areas offering new opportunities.

fake news, or you'll take yet another 'Breaking News' at face value. Saunter into office, and you'll find team-building exercises involving interpretive dance and interpretive tax returns. High-end lunches are now a banana — it's the low-carb trend with potassium as the new quinoa.