MUMBAI: India’s formal retail credit penetration more than doubled over the past decade, with the share of consumers who accessed credit at least once rising from 35% in March 2017 to 74% in March 2026, even as the credit-eligible population expanded from 79 crore to 89 crore.The expansion was accompanied by a sharp rise in…

Gold price prediction: Rs 150,000 level is expected to act as a crucial support zone. (AI image) Gold and silver price prediction today: Gold prices may see some upside swing, while silver prices may move up to Rs 285,000, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook…

Last week, the combined market capitalisation of nine of the top 10 most valued firms fell by Rs 3.12 lakh crore, with Reliance Industries registering the sharpest decline.Broader market sentiments also remained weak with the 30-share BSE Sensex dropping 2,090.2 points, or 2.7%, while the 50-share NSE Nifty slipped 532.65 points, or 2.2%.“Markets ended the…

BSE to enter Nifty 50, Wipro to exit in NSE’s September index rejig BSE Ltd will replace Wipro Ltd in the benchmark Nifty 50 index later this year, as part of the semi-annual review of the index by NSE Indices.The Index Maintenance Sub-Committee (Equity) of NSE Indices Ltd has decided to make the replacement, with…

Stock market today (AI image) Stock market today: Buoyed by the two week US-Iran ceasefire, stock markets opened in green on Wednesday, rallying strongly ahead of the RBI monetary policy review. While Nifty50 went above 23,900, BSE Sensex rose over 2,800 points. At 9:56 AM, Nifty50 was trading at 23,932.10, up 808 points or 3.50%….