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 …
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 Adani Group, one of India’s leading conglomerates, is expanding its footprint in the metals industry with a bold $5 billion investment plan. This significant move into aluminium, steel, and copper production aims to leverage synergies with Adani’s existing infrastructure, energy, and logistics operations. This move is expected to boost India’s infrastructure capacity, reduce energy …
On Friday, December 6, 2024, the Indian benchmark indices Sensex and Nifty 50 are expected to open cautiously ahead of the announcement of the RBI policy. Check out a few stocks that might be in focus during the trading session. Vodafone Idea (Vi) On December 9, the board of Vi will review a proposal to raise ₹2,000 …
The capital market regulator, the Securities and Exchange Board of India (SEBI) has asked qualified stock brokers to provide clients with either a UPI-based block mechanism for secondary market trades or a 3-in-one trading account option, from February 1, 2024. SEBI Enhancing Investor Convenience Certain Trading Members (TMs) already provide clients with the convenience of …
The Indian stock market indices, Sensex and Nifty 50, will likely be impacted on November 08, influenced by positive cues from global markets. Asian markets are trading higher, and the US stock market saw a strong rally overnight, with the S&P 500 and Nasdaq reaching record closing highs. The rally on Wall Street was boosted …
On November 07, the Indian stock market is likely to be impacted as mixed signals emerged from global markets following Donald Trump’s win in the 2024 US presidential election. Gift Nifty was trading around 24,440, about 150 points below Nifty futures’ last close. Previous Trading Session On Wednesday, the Indian stock market saw a strong …
Bank Nifty Performance The month of October witnessed a significant market sell-off, with foreign institutional investors (FIIs) selling over Rs 1 lakh crore, marking one of the worst months recently. This correction has affected the stock market, with many sectors declining between 10% and 15%. It’s interesting to see how valuations stand across different sectors. …
On February 29, 2024, the Government of India approved the Pradhan Mantri Surya Ghar: Free Electricity Scheme, which will increase the share of solar rooftop capacity and allow residential households to generate their own electricity. The scheme, which has an outlay of ₹75,021 crore, will be implemented. About Pradhan Mantri Surya Ghar Muft Bijli Yojana …
The Sanchar Saathi portal is a government initiative by the Department of Telecommunications aimed at empowering mobile users, enhancing their security, and promoting awareness of citizen-focused programs offered by the Government. DoT developed the Sanchar Saathi portal The Department of Telecommunications (DoT) has created the Sanchar Saathi portal (www.sancharsaathi.gov.in) to empower citizens, which includes the …
