On December 9, 2024, both the BSE Sensex and NSE Nifty50 ended the day in red. The BSE Sensex closed at 81,508.46, down by 200.66 points or 0.25%. Similarly, the Nifty50 also closed at 24,619.00, dropping by 58.80 points or 0.24%. Sectoral Performance On Monday, Nifty FMCG, Nifty Media and Nifty Auto ended in the red. Nifty …
The Nifty Financial Services Index (FINNIFTY) is a key benchmark reflecting the performance of India’s financial market. It includes banks, financial institutions, housing finance firms, insurance companies, and other financial services providers. Comprising 20 prominent stocks listed on the National Stock Exchange (NSE), it serves as a barometer for the financial sector’s health. Performance Snapshot: …
The Bank Nifty index is a crucial benchmark for the Indian banking sector, comprising 12 of the most liquid and large-cap banking stocks listed on the National Stock Exchange (NSE). It reflects the capital market performance of Indian banks and serves as a barometer for investors and market intermediaries. December 9, 2024: Bank Nifty Outshines …
The NSE benchmark Nifty50 index began the week on December 9, 2024, with a cautious tone as investors grappled with political uncertainty in South Korea. However, as the session progressed, market volatility surged, causing the index to slip below the 24,600 mark. Advance-Decline Ratio Reflects Weak Market Sentiment At 10:27 AM, the Nifty50 advance-decline ratio …
The Mukhyamantri – Majhi Ladki Bahin Yojana, a government welfare scheme aimed at empowering women in Maharashtra, is set to give bigger payouts to its beneficiaries, as per news reports. The scheme which currently supports over 24 million women, is said to increase its monthly financial assistance from ₹1,500 to ₹2,100. This initiative aligns with …
The National Highways Authority of India (NHAI) was established by an Act of Parliament in 1988 under the administrative control of the Ministry of Road Transportation and Highways. The NHAI has been established as a Central Authority to develop, maintain, and manage the National Highways entrusted to it by the Government of India. NHAI to …
On December 6, 2024, both the BSE Sensex and NSE Nifty50 ended the day in red. The BSE Sensex closed at 81,709.12, down by 56.74 points or 0.07%. Similarly, the Nifty50 also closed at 24,677.80, dropping by 30.60 points or 0.12%. Sectoral Performance On Friday, Nifty Media, Nifty IT and Nifty Bank ended in the red. Nifty …
The Securities and Exchange Board of India (SEBI) issued a warning on December 5 regarding the risks associated with unregulated online platforms offering unlisted debt securities. These platforms operate without proper regulatory oversight, putting investors at risk due to the lack of investor protection and grievance redress mechanisms. Legal Violations by Unregulated Platforms SEBI highlighted …
The Securities and Exchange Board of India (SEBI) has proposed a shift in the method used to determine the closing price of a stock. Currently, the volume-weighted average price (VWAP) is employed, but SEBI is considering replacing this with a Close-Auction Session (CAS), a practice commonly used in international markets. The shift comes in response …
The Securities and Exchange Board of India (SEBI) has proposed introducing a 15-minute post-market Call Auction Session (CAS) to determine the closing price of stocks in the equity cash market. Initially limited to derivative stocks for liquidity, the move aims to replace the existing VWAP system and align with global standards. SEBI’s Proposal for a …
