An Overview of June’s Performance According to SEBI data, the gross acquisition of equities by domestic fund managers in the secondary market was Rs. 83,006 crores in June, compared to a five-year average of Rs. 58,187 crores. After Rs 1.2 lakh crore in March 2020, the gross acquisition in a single month in June was …
The much-anticipated GDP growth numbers for the first quarter of fiscal 2022 released on August 31 shows that India’s growth has risen to 20.1 per cent for the quarter on a low base of last year. This is reportedly India’s best GDP growth on a quarterly basis. In the same quarter of the earlier financial …
Trading on a Saturday? Here’s Why Equity markets usually enjoy a break on Saturdays, but on May 18, 2024, the National Stock Exchange of India (NSE) will host a special trading session. This unique event is designed to test the stock market’s disaster recovery systems and assess the preparedness for emergency situations. What to Expect …
Sovereign Wealth Funds (SWF) are government-owned investment funds created by countries to manage their wealth and generate long-term financial returns. Global investors are growing confident that India’s economic potential is strengthening by the surge in assets under sovereign wealth funds. Sovereign Wealth Funds Pump in Investments According to data from the NSDL, Sovereign Wealth Funds …
Indian benchmark indices have staged a strong comeback from their intraday lows and were trading in positive territory during the afternoon session. A particularly noteworthy performer was the Nifty PSE Index, which was trading 2.8% higher and had reclaimed its significant psychological level of 10,000. The index opened at 9,719.05 on Wednesday and reached an …
The minutes of the Monetary Policy Committee (MPC) meeting on December 06th and 07th culminating in the credit policy announcement had voted in favour of a status quo on rates. According to the minutes released on 21st December, there was complete unanimity among the 6 members of the MPC on the need to maintain status …
On the lines of the WPI inflation which was announced earlier during the day on 15th November, the CPI inflation number which was announced later during the day also came in lower than the October 2015 figure. CPI inflation, which is a measure of retail consumer inflation, came in at 4.20% for October 2016, lower …
Pandemic-related restrictions have impacted the paper and products industry severely. With the closure of educational institutes and the increasing adoption of work from home, there has been a significant drop in paper demand. Accordingly, this affected the prices of paper and paper products, which subsequently impacted the industry’s earnings. Nevertheless, on July 7, paper manufacturing …
Cryptocurrency prices dropped steeply on September 8, on the back of a heightened volatility and a huge sell-off. While Bitcoin fell to $45,000 levels, Ethereum traded at $3,300 levels, both dropping 13.48 and 14.45 per cent, respectively. The cryptocurrency prices, including those of Bitcoin, Dogecoin and Ethereum, have been experiencing a lot of volatility over the …
Star Health and Allied Insurance’s stock price did not meet expectations on its debut. The price reacted sluggishly due to valuation concerns. The initial public offering of Star Health, which was launched on November 30, was subscribed to 79 percent. Most analysts had given a favourable rating to the issue, though they were worried about its …
