Several companies, including Hero MotoCorp, Cochin Shipyard, ITC, MRF, Torrent Power, and NHPC, will trade ex-dividend starting Monday, February 10, according to data from the BSE. What is the Ex-Dividend Date? The ex-dividend date is when a stock no longer carries the value of its upcoming dividend. Shareholders who hold the stock until the record …
OpenAI CEO Envisions India Leading AI Revolution During a visit to New Delhi, OpenAI’s CEO Sam Altman enthusiastically endorsed India’s growing momentum in artificial intelligence (AI) development, expressing confidence that India will emerge as a key player in the AI revolution. His remarks highlight India’s substantial progress in adopting and advancing AI technologies, with OpenAI …
The NSE Nifty 50 and BSE Sensex experienced significant volatility throughout the week ending Friday, February 7, 2025. The NSE Nifty 50 remained volatile during the week ending Feb 7, 2025. On Feb 3, it opened at 23,319.35 and closed 0.52% lower at 23,361.05. Feb 4 saw a 1.62% gain, with Nifty hitting 23,762.75 before …
On February 7, 2025, Indian stock markets ended lower despite the Reserve Bank of India (RBI) cutting the repo rate by 25 basis points (bps) to 6.25%. The central bank, however, kept its policy stance unchanged, with RBI Governor Sanjay Malhotra stating that the focus remains on controlling inflation while supporting economic growth. The BSE …
Malabar Gold & Diamonds, the Indian jewellery group, has announced plans to expand into New Zealand, with an investment of NZD 75 million (₹371 crore) over the next two years. The company will open three new showrooms as part of its international growth strategy. Plans and Investment Malabar Gold & Diamonds has a presence in …
Shantanu Naidu, the close aide and manager of the late Ratan Tata, has announced an important career move on LinkedIn. Naidu, often seen as Tata’s right-hand man in his final years, shared his excitement about joining Tata Motors in a senior position. New Role at Tata Motors Naidu revealed in his post, “I’m happy to …
On February 6, 2025, major equity indices closed in negative territory as investors waited for the RBI MPC decision expected on Friday, February 7, 2025. The BSE Sensex fell by 213.12 points (0.27%) to close at 78,058.16. During the day, it traded between 78,551.66 and 77,843.99. The NSE Nifty50 dropped by 92.95 points (0.39%) to …
The Indian stock market has seen an unprecedented rise in retail participation, with every fifth home now directly or indirectly linked to equities. According to a recent report by the National Stock Exchange (NSE), the number of stock market-linked accounts has exceeded 21 crore, with more than 18 crore demat accounts. This signifies a paradigm …
The Indian stock market had a mixed trading session on February 5, with benchmark indices closing in the red. The BSE Sensex dropped 312.53 points (0.40%), ending at 78,271.28. It moved between a high of 78,735.41 and a low of 78,226.26 during the day. Similarly, the NSE Nifty50 fell 42.95 points (0.18%) to settle at …
The Securities and Exchange Board of India (SEBI) has introduced a new regulatory framework to facilitate the safer participation of retail investors in algorithmic (algo) trading. With increasing demand from retail investors, SEBI aims to ensure robust risk management, transparency, and compliance while protecting market integrity. The Need for Regulatory Intervention Algo trading, which allows …
