Sensex crosses 71,000 for the first time; DDA to venture into luxury housing; Last day to pay advance tax payment and more
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Markets at a record high with Sensex crossing 71,000, Nifty 50 inching towards 21,350,
Indian benchmark indices Nifty 50 and Sensex opened at record highs today, December 15, and have extended their gains in trade, so far.
PVR Inox, Hero MotoCorp, Genus Power, PB Fintech, Infosys, Sterling & Wilson Renewable, M&M Financial, BHEL, Vedanta, Satin Creditcare, are among the stocks in focus today.
The lesson 'Mumbai ka Munger' & 'Bharat ka Buffett' learned from the originals
As India grapples with the quest for multibaggers, experts underscored the need for investors in India to focus on understanding businesses thoroughly rather than exclusively chasing multibagger opportunities.
In a recent discussion with CNBC-TV18, Raamdeo Agrawal, Chairman and Co-Founder of Motilal Oswal Financial Services, and Sanjoy Bhattacharyya, Managing Partner, Fortuna Capital, shared profound insights inspired by the lessons learned from the legendary investors Warren Buffett and Charlie Munger.
#RealEstate
DDA to offer luxury houses for the first time; priced between ?2–5 crore
After having built affordable housing for over 60 years, the Delhi Development Authority (DDA), an autonomous body under the aegis of the Ministry of Housing and Urban Affairs, is now venturing into luxury housing.
Subhasish Panda, Vice Chairman, DDA, told CNBC-TV18 in an interview that "it is the first time DDA is introducing the luxury end of housing. So far, DDA has always been into affordable housing. After building affordable housing all across the city, the high-end housing will be a step towards providing housing for all kinds of clients across Delhi."
#CNBCTV18Market
Will the PSU bank rally continue in 2024?
After the Lok Sabha election results in 2019, CNBC-TV18 had predicted that the profitability of India's state-owned banks like State Bank of India, Bank of Baroda and Canara Bank, would improve strongly in the years to follow. The call turned out to be profoundly true.
#PersonalFinance
EPFO adds 28.69 lakh net women members in FY23
Retirement fund body Employees' Provident Fund of India (EPFO) recorded a net new women subscribers addition of nearly 28.69 lakh in FY23 against 15.94 lakh in 2019-20, Parliament was informed on Thursday.
In a written reply to the Rajya Sabha, Minister of State for Labour & Employment Rameshwar Teli said that the net addition in EPFO's subscriptions is an indicator of the extent of job creation and the coverage of social security benefits to the organised/semi-organised sector workforce.
Advance tax payment deadline ends today — Here's what happens if you miss this
Taxpayers only have a day left to pay the third instalment of advance tax for the financial year 2023-2024 as the deadline for the same will end on Friday i.e. December 15.
#CNBCTV18Edge
Vedanta Resources' March 2025 bond returns the most in junk category this year
领英推荐
Higher rewards are always associated with higher risks. Bonds are not an aberration either. The foreign currency bonds issued by Indian companies with speculative-grade ratings have outperformed hugely, compared to notes with better credit ratings in 2023.
Interestingly, Vedanta Resources' March 2025 bond stands out with a 26.8% return so far in 2023. That was followed by JSW Steel's April 2032 bond with a 13.5% gain.
Of the top ten bonds that yielded the highest returns this year, renewable energy firm—Greenko—dominates the list with four of its US dollar-denominated bonds featuring returns ranging from 10%-12%, according to Bloomberg data.
Rajasthan CM Oath Ceremony Live Updates: Preparations underway for Bhajan Lal Sharma swearing-in
The swearing-in ceremony of Rajasthan chief minister-designate Bhajan Lal Sharma will take place in Jaipur on Friday, December 15. Diya Kumari and Prem Chand Bairwa, who were named as deputy chief ministers in the recently held BJP legislature party meeting, will take oath.
#Trending
WATCH | Blackstone goes all-in on Taylor Swift fandom with holiday video
No private equity firm will ever come close to the pop culture domination Taylor Swift achieved this year. But that isn’t stopping Blackstone Inc. from trying.
For its annual holiday video, an internal production that skirts the line between corporate self-promotion and self-parody, Blackstone goes all-in on its fandom for the singer and songwriter.
#TravelWithCNBCTV18
You won't believe these 10 incredible places exist in India
Exploring India can be a remarkable experience and there are some locations in the country that will transport you to say Europe, Africa, Mexico, Iceland, Bhutan, the Americas or even Mexico.
Indigo to start direct operations on Delhi-Ayodhya route from December 30
Budget carrier IndiGo has announced the inclusion of Ayodhya, Uttar Pradesh, as its 86th domestic destination and 118th overall within its expansive 6E network. The airline will be the pioneer carrier operating from the upcoming Maryada Purushottam Shri Ram International Airport in Ayodhya.
The inaugural flight from Delhi is scheduled to touch down in Ayodhya on December 30, 2023. Following this, commercial operations for direct flights between Delhi and Ayodhya will commence on January 06, 2024, along with tri-weekly flights connecting Ahmedabad and Ayodhya starting January 11, 2024.
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?? "The only limit to our realization of tomorrow will be our doubts of today." - Franklin D. Roosevelt. It's fantastic to see Sensex hitting new highs ?? and how our financial and housing sectors are evolving! ?? Keep bringing the news that shapes our tomorrow. ?? #InformedDecisionMaking #GrowthMindset