Category: Business

Indian stock market in Tuesday’s trade (May 20, 2025) opened higher tracking positive Asian market cues. At the open, Nifty opened higher by 40 points with the index hovering near 25,000 levels. Meanwhile, broader markets traded on  a cautious note, with both the midcap and smallcap gauge slipping in early trade. Stocks in news today…

Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects support for the headline Nifty50 index at 24,850-24,950 levels and a strong buy zone at 24,675-24,775 levels on Tuesday, May 20. For the Nifty Bank, the market wizard expects support at 55,175-55,300 levels and a strong buy zone at 54,800-55,000 levels.  How market guru Anil Singhvi sums up trade setup:  Global:…

Asian markets today: Asian markets in Tuesday’s trade drifted higher with China taking the lead as Beijing took to rate cuts on expected lines. The key MSCI Index Asia ex Japan index traded higher by 0.37 per cent.  Asian markets performance China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes rose about 0.43 per cent and 0.26 per cent, respectively,…

Dalal Street is likely to open on a positive note on Tuesday, May 20, with GIFT Nifty futures trading over 90 points higher in early deals. The sentiment follows two sessions of consolidation after last week’s sharp rally, with analysts expecting action in specific sectors and a firm undertone in the broader market. At 7:00…

The Reserve Bank of India (RBI) said on Monday that it has decided to grant in-principle approval to the UAE’s Emirates NBD Bank PJSC for setting up a wholly-owned subsidiary in India. Emirates NBD Bank PJSC is Dubai’s government-owned lender.  The Indian central bank’s nod is under its scheme for setting up of wholly-owned subsidiaries…

Hyundai Motor India Ltd. (HMIL) has announced its plans to introduce eco-friendly powertrains, including hybrid vehicles, as part of its long-term strategy to strengthen its position in the Indian automotive market. Unsoo Kim, Managing Director of Hyundai Motor India, shared the news during a statement on the company’s financial performance and outlook. “We are also…

Indian economy is expected to grow at 6.9 per cent in the January-March quarter 2025, the official data for which is scheduled to be released on May 30 by the National Statistics Office, according to rating agency ICRA. ICRA has projected the year-on-year expansion of the GDP to rise to 6.9 per cent in Q4…

Rise in COVID-19 cases: Recent media reports have highlighted an increase in COVID-19 cases in Singapore and Hong Kong in the last few weeks. As per the preliminary information available, the cases are mostly mild, not associated with unusual severity or mortality.  In light of these developments, a review meeting of experts from National Centre…

Uttarakhand on Orange Alert: The Indian Meteorological Department (IMD) has issued an orange alert for heavy rain in the hilly districts of Uttarakhand, effective today and tomorrow. In light of this warning, the Uttarakhand Police have issued a safety advisory for pilgrims undertaking the Chardham Yatra. Pilgrims are advised to exercise caution while travelling, consider…