Gold has long been regarded as a safe investment, serving as a hedge against inflation and stock market volatility. During inflationary periods, when currency values decline, gold often emerges as a reliable refuge for investors. Opportunities to invest in gold include various forms such as physical gold, Sovereign Gold Bonds, Gold ETFs, and the newly …
On Monday, October 28, 2024, the benchmark indices, Sensex and Nifty 50, are expected to open on a flat note, influenced by mixed signals from global markets. As of 08:03 AM, the Nifty futures on the GIFT exchange were up by 0.44% at 24,245. ICICI Bank ICICI Bank‘s standalone net profit rose by 14.5% year-on-year …
Indian stock markets were under pressure on October 21, 2024, as investors continued to take profits during the ongoing Q2 earnings season. Even though HDFC Bank’s share price rose by nearly 3%, both the BSE Sensex and NSE Nifty50 ended the day in the red. The BSE Sensex fluctuated within a range of 959 points …
On October 21, 2024, Indian stock markets were under pressure as investors cashed in on profits during the ongoing Q2 earnings season. Even with HDFC Bank‘s shares rising nearly 3%, both the BSE Sensex and NSE Nifty50 ended the day lower. The BSE Sensex swung by 959 points during the day, closing at 81,151.27, down …
Stockbrokers in India view Diwali as the start of their fiscal year. Many investors view this session as an opportunity to buy stocks and ensure prosperity for the coming year. Additionally, it gives traders the chance to open new settlement accounts and diversify their portfolios. Despite being mostly symbolic, Muhurat Trading usually draws a lot …
On October 22, 2024, both the BSE Sensex and NSE Nifty50 ended the day lower. The BSE Sensex closed at 80,220.72, down by 930.55 points or 1.15%. Similarly, the Nifty50 also closed lower at 24,472.10, dropping by 309.00 points or 1.25%. Sectoral Performance None of the sectoral indices ended in green on Tuesday. Nifty PSU …
On Thursday, Indian stock market indices, Sensex and Nifty 50, are expected to open cautiously following mixed global market cues. Previous Trading Session On Wednesday, the Sensex dropped by 318.76 points (0.39%), closing at 81,501.36, while the Nifty 50 fell by 86.05 points (0.34%) to settle at 24,971.30. FII and DIIs On October 16, 2024, …
The Competition Commission of India (CCI) has given the go-ahead to the state-owned Central Bank of India to acquire stakes in two major insurance firms, Future Generali India Insurance and Future Generali India Life Insurance. This is part of a resolution process under the Insolvency and Bankruptcy Code (IBC), allowing the bank to make its …
The capital market regulator, the Securities and Exchange Board of India (SEBI) has introduced a robust regulatory framework to strengthen the oversight of Market Infrastructure Institutions (MIIs), including stock exchanges, clearing corporations, and depositories. This comprehensive framework has been introduced to ensure transparency, accountability, and investor protection within these critical market entities. The main emphasis …
On October 24, 2024, both the BSE Sensex and NSE Nifty50 ended the day lower. The BSE Sensex closed at 80,065.16, down by 16.82 points or 0.02%. Similarly, the Nifty50 also closed at 24,399.40, down by 36.10 points or 0.15%. Sectoral Performance On Thursday, Nifty PSU Bank, Nifty Midsmall Healthcare and Nifty Bank ended in …
