|Chennai||Rs. 25020.00 (-0.32%)|
|Mumbai||Rs. 26110.00 (0.19%)|
|Delhi||Rs. 25850.00 (0%)|
|Kolkata||Rs. 25720.00 (-0.66%)|
|Kerala||Rs. 24850.00 (-0.6%)|
|Bangalore||Rs. 25200.00 (0%)|
|Hyderabad||Rs. 25020.00 (-0.2%)|
Ahead of the Budget, Indian corporations have turned optimistic on business conditions in the coming months. According to the quarterly Business Confidence Survey for the third quarter of 2012-13 by the Federation of Indian Chambers of Commerce and Industry, there is an expectation of higher sales and profits in the first half of calendar year 2013.
The Business Confidence Index was at 61.2 in the third quarter, much better that 57.7 during the corresponding period in 2011-12. However, the index slipped a shade downwards from the 62.4 in the previous survey. A similar survey by the PHD Chamber of Commerce and Industry said the long-run prospects of business in the country seemed bright as majority of corporations had plans to expand their businesses in the next three years. According to the survey, 80 per cent of the respondents said they were positive on expanding their businesses.