GAGA Share Market News

[hfe_template id='11223'] [ad_1] Shares of Indian Railway Finance Corporation climbed as much as 6.4% on Friday to Rs 138.50 on the BSE after reports that the company secured government approval to raise up to Rs 10,000 crore through deep-discount bonds. The planned issuance is part of a broader shift in the funding strategy of state-run enterprises amid evolving investor appetite and changing infrastructure financing dynamics, according to a Reuters report. The finance arm of Indian Railways received clearance to raise funds via zero-coupon, deep-discount bonds with a 10-year maturity, according to a publicly available government document dated May 14. The issuance, which must be completed by the end of March 2027, will be offered at a discount of Rs 4,916 crore to face value. Deep-discount bonds are typically issued at a significant markdown and do not pay periodic interest. Instead, investors receive the full face value at maturity, providing returns through capital a...

[hfe_template id='11223'] [ad_1] In an era where India is emerging as a prime destination for foreign investment, the recent launch of the Investment Friendliness Index in the Union Budget 2025 marks a pivotal shift in the country’s economic framework. This initiative aims to enhance both competitive and cooperative federalism, making states more attractive to domestic and international investors. The Investment Friendliness Index is more than just a ratings system—it evaluates and ranks Indian states based on their investment potential. By fostering healthy competition, it encourages states to reassess and refine their regulatory frameworks, spurring an influx of private investment. For financial institutions like HDFC Securities, the index serves as a valuable guide for navigating the investment landscape and identifying promising regions. Key parameters and their impact The index will assess critical factors such as ease of doing business, infrastructure quality, econ...

[hfe_template id='11223'] [ad_1] Rail Vikas Nigam Limited (RVNL) shares gained 2.4% to the day's high of Rs 366 in Friday's early trade after the company announced securing a contract worth Rs 554.64 crore from the National Highways Authority of India (NHAI). The contract involves the construction of a six-lane access-controlled connectivity road to the Visakhapatnam Port in Andhra Pradesh, a key infrastructure project that is expected to boost regional trade and transportation efficiency. “It is hereby informed that Rail Vikas Nigam Limited has received Letter of Acceptance from National Highway Authority of India for “Construction of 6 lane Access Controlled connectivity to Visakhapatnam Port Road from Km 0.000 (Sabbavaram bypass of Anakapalli - Anandapuram corridor) to Km 12.660 (Sheelanagar junction) of NH 516C on Hybrid Annuity Mode in the State of Andhra Pradesh under NH (O) on Hybrid Annuity Mode,” the company informed in a filing to the stock exchanges. A...

[hfe_template id='11223'] [ad_1] Today when I write this column, it is slightly more than a month ago when election results were announced. After the initial hiccups, the markets stabilized once the signs of a stable government at the centre became brighter. The benchmark indices –Nifty and the Sensex-- have yielded an 11.96% return in the last month. This shows that the election outcome has benefitted the market and whoever looks at the 2024 results in 2029 will think that this was the great election outcome. We were already in a secular, long-term bull market much before the elections were announced due to a variety of factors. Uncertainty ahead of the election has been overcome and people are expressing their expectations to the government about what it should do in its forthcoming budget. In my mind, the government should continue with the policies it pursued in its previous term (2019-2024) and should not go for any Big Bang or radical changes but just maintain the ...

[hfe_template id='11223'] [ad_1] Now that the exit polls are giving a clear advantage to the Bharatiya Janata Party (BJP) led NDA faction, Street is expected to see focus turning to sectors including railways, defence, infrastructure and the blue-eyed PSUs. According to the exit polls, the National Democratic Alliance (NDA) is expected to get over 350 seats out of the 542 seats contested during the seven-phase election which spanned over 48 days. One constituency did not go for election as the Surat seat went to BJP unopposed. While exit polls are estimates, the counting of votes will take place on June 4, Tuesday. ETMarkets analysed sectors that may see traction when markets resume trading on Monday. PSU stocks across sectors are expected to remain in focus in the run-up to the result date and even after it. Counters in defence, railway, public sector banks (PSBs) may see a sharp upturn. Ever since voting for the Lok Sabha election began, the market capitalisation of BS...

[hfe_template id='11223'] [ad_1] As the exit polls are flashing a clear advantage to the Bharatiya Janata Party (BJP) led NDA faction, top voices on Dalal Street see a continuation of reform policies in Prime Minister Narendra Modi's third term. They expect the government's focus on infrastructure, defence, railways and other sectors to continue. According to the poll-of-polls, the National Democratic Alliance (NDA) is projected to secure over 350 seats out of the 542 contested, spanning seven phases over 48 days. While exit polls are estimates, the counting of votes will take place on June 4, Tuesday. Here's what experts said: CLSA Even as the exit polls give BJP a poll position, the final outcome is yet to come. Hong Kong brokerage CLSA said that a favourable outcome would raise investor confidence in India’s economic growth. This could encourage investors to play this growth beyond Modi stocks, which are direct policy plays.It has gone ahead to identify 54...