In a move to force upstream oil companies to share part of the largesse amidst rising crude prices, the government imposed a windfall tax on all refiners, including SEZ refineries, on the export of diesel, petrol and ATF. In addition, the government

The Indian stock market sees a unique & highly symbolic trading session every Diwali, known as the Muhurat Trading Session. This session marks the beginning of a new Samvat (Hindu accounting year) & is observed by traders & investo

As Indian stock market participants debate on whether it is over-valued or not, there are some indicators we may look at or better understanding. Nifty price-to-earnings (PE) ratio is one such indicator even though there are multiple actors to b

Nifty price-to-earnings (PE) ratio was at 26.54 multiples even as the Nifty 50 share index hit a new high of 17,378 on Monday, September 6, 2021. The Nifty 50 helped by positive Asian sentiments and boost in Reliance Industries share, the key in