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Sensex

The Bombay Stock Exchange (BSE) Sensex (Stock Exchange Sensitive Index) for today. The Sensex consists of the 30 largest and most actively traded stocks, representative of various sectors.Sensex Information is obtained from the BSEIndia.com website and may be delayed slightly.

Market Forecast for the Indian Investor

Investment opportunities in India are today perhaps at a peak. Supported by India's natural strengths, India offers investment opportunities in excess of US$850 billion in diverse sectors over the next five years. Its pool of technical skills, its base of an English-speaking populace with an increasing disposable income and its burgeoning market have all combined to enable India emerge as a viable partner to global industry.

Fast-growing disposable incomes, increased availability and use of consumer finance and credit cards complement the keenness of the average Indian to adapt to and assimilate global trends. This has led to the creation of a rapidly growing consumer base and one of the world’s largest markets for manufactured goods and services. Growth in key sectors like infrastructure, services and manufacturing continues at about 10-12% p.a. India has been ranked 1st by AT Kearney in a Global Retail Development Index of 30 developing countries and is seen as a potential gold mine.

Indian Business Headlines

SBI Card sees over 50% transaction from online payments: CEO
Keeping a watch on the recent coronavirus resurgence in the country across some key locations, SBI Card MD and CEO Rama Mohan Rao Amara said it would be too early to say whether it will have any bearing on people's purchasing behaviour.

Farm bills introduced in Rajya Sabha; Tomar said MSP will continue
Agriculture Minister Narendra Singh Tomar on Sunday said minimum price or MSP based procurement of agriculture crops from farmers will continue and is not related to the farm bills that seek to give cultivators freedom to market their produce.

The myth today is H-1B visas are all taken by Indian companies: Nasscom
Indian IT cos take less than 12% of H-1B visas. The biggest takers of H-1B are the top US giants. And they are also the top-spenders on R&D. And that tells you why they are coming to India to take the people – because they need the talent, say Nasscom president Debjani Ghosh

Cloud services are reducing the need to code: Amazon Web Services
AWS exec Olivier Klein says the company offers fully managed services in areas like machine learning/AI. He says users don’t need to understand how to build the machine learning model, or train it

Financial Market News

ICICI Lombard Q4 profit rises 22.6% even as underwriting losses mount
The insurer recorded underwriting losses worth Rs 91.2 crore which were offset by Rs 419 crore net earnings made by the insurer through its investments. The impact of covid-19 on its health insurance book led to a combined ratio of 101.8% in the quarter.

HDFC Bank Q4 takeaways: Asset quality steady, arm HDB’s health improves
The bank continued to deliver strong operating performance in the March quarter as pre-provision operating profit surged 20 per cent on-year against expectations of around 13-14 per cent growth.

Dalal Street week ahead: Nifty looks indecisive; the best thing to do is remain stock-specific
14,735 and 14,900 levels are likely to act as immediate resistance points, while supports will come in at 14,400 and 14,280 levels. Any violation of the 14,400 level will make the trading range wider than usual.

Pharma stocks momentum is not going to abate anytime soon
‘Pharma stocks would continue to show signs of gains. Largecaps are doing exceedingly well’

Latest BSE Top losers / Gainers <a href="https://economictimes.indiatimes.com/markets/icici-lombard-q4-profit-rises-22-6-even-as-underwriting-losses-mount/articleshow/82119675.cms"><img width="100" height="75" border="0" hspace="10" align="left" src="https://img.etimg.com/photo/82119675.cms" /></a>The insurer recorded underwriting losses worth Rs 91.2 crore which were offset by Rs 419 crore net earnings made by the insurer through its investments. The impact of covid-19 on its health insurance book led to a combined ratio of 101.8% in the quarter.
17 April 2021, 7:00am

Latest NSE Top losers / Gainers <a href="https://economictimes.indiatimes.com/markets/icici-lombard-q4-profit-rises-22-6-even-as-underwriting-losses-mount/articleshow/82119675.cms"><img width="100" height="75" border="0" hspace="10" align="left" src="https://img.etimg.com/photo/82119675.cms" /></a>The insurer recorded underwriting losses worth Rs 91.2 crore which were offset by Rs 419 crore net earnings made by the insurer through its investments. The impact of covid-19 on its health insurance book led to a combined ratio of 101.8% in the quarter.
17 April 2021, 7:00am

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Market Forecast for the Indian Investor