The 6-day week ended February 1, 2025, saw a mixed reaction in the Indian securities market. The benchmark indices NSE Nifty 50 and BSE Sensex started the week with steep selling pressure, with a fall of over 1% on January 27, 2025, respectively. For the consecutive 4 days, Bulls took over the bear and the market rebounded and gained …
The Nifty Bank Index, comprising the most liquid and large Indian banking stocks, is a crucial benchmark for assessing the capital market performance of Indian banks. The index consists of a maximum of 12 companies listed on the National Stock Exchange (NSE). On Budget Day 2025, the Nifty Bank experienced exceptional volatility, trading within a …
The Union Budget 2025 has introduced significant measures to strengthen the agricultural sector, with a notable enhancement of the Kisan Credit Card (KCC) scheme. The government has raised the KCC loan limit from ₹3 lakh to ₹5 lakh, aiming to provide farmers with greater access to affordable credit. This initiative is anticipated to support farmers …
The government has removed customs duty on 36 life-saving medicines, Finance Minister Nirmala Sitharaman announced while presenting the Union Budget 2025-26. This is aimed at reducing the cost of treatment for patients suffering from cancer and rare diseases. In addition to this, customs duty has also been waived on raw materials used to manufacture these …
In an effort to strengthen India’s electronics manufacturing sector, Finance Minister Nirmala Sitharaman announced significant reductions in import duties on key components in the Union Budget 2025. These changes are expected to make mobile phones, smart TVs, and other electronic devices more affordable for consumers while improving India’s role in global supply chains. One of …
Despite the equity markets remaining operational on February 1, 2025, for the Union Budget presentation, mutual fund transactions will not be processed. Asset management companies (AMCs) have designated the day as a non-business day, meaning no sales or redemptions of mutual fund units will take place. Mutual Fund Transactions Suspended On Budget Day, all mutual …
On Saturday, February 1, 2025, ahead of the Union Budget 2025 presentation, the benchmark equity indices opened higher. At the opening bell, BSE Sensex rose by 108.27 points (0.14%) to 77,608.84, while Nifty50 increased by 37.35 points (0.16%) to 23,545.75. Investors Eye Budget Proposals Investors are closely watching for key announcements in Budget 2025, which …
The Indian stock markets are open for trading on Saturday, February 1, 2025, as Finance Minister Nirmala Sitharaman presents the Union Budget 2025-26. Trading Timings on Budget Day According to a circular from the National Stock Exchange (NSE), trading will follow the usual schedule from 9:15 AM to 3:30 PM. Why Are Markets Open on …
On January 31, 2025, the BSE Sensex ended in green closing at 77,500.57, up by 0.97% and the NSE Nifty50 closed at 23,508.40, up by 1.11%. Sectoral Performance On Friday, Nifty Consumer Durables, Nifty FMCG and Nifty Midsmall Financial Services ended in the green. None of the sectors ended in the red. Nifty Consumer Durables rose by …
The Ambani family has reportedly acquired a 49% stake in Oval Invincibles, one of the teams in England’s Hundred cricket tournament. The purchase follows months of bidding and competition from Silicon Valley executives and private equity firms, according to news reports. Competitive Bidding The England and Wales Cricket Board (ECB) launched an auction in September …
