The National Stock Exchange on Wednesday made an announcement regarding a modification in the expiry days for Nifty Bank options and Nifty Midcap Select Index futures and options. Nifty Bank weekly index options will undergo a change in their expiry day, transitioning from Thursday to Wednesday commencing from September 4. The initial Wednesday weekly expiry …
The Indian headline indices concluded the trading session flat, recovering from losses recorded earlier in the day. The BSE Information Technology index experienced slight fluctuations, with modest gains and losses during the trading session. There was a noticeable increase in buying interest for shares of L&T Technology Services Ltd (LTTS), a leading global provider of …
An Overview of Recent Events According to the bulk trades data, the MTBJ AC Nomura India Investment Fund purchased 10 lakh equity shares in specialty chemical company Clean Science & Technology on the NSE for Rs. 1,715.33 per share. On the NSE, the Nomura Trust and Banking Co Ltd, as Trustee of the Nomura India …
International trade is a complex and under continuous revolution, but at its core, it revolves around two fundamental processes called the import and export of commodities. These two forces work in tandem to drive economic growth, enable international relations, and meet domestic demand for various products. Imports: Accessing the World’s Bounty Imports are goods or …
India recently made a significant mark in the world of finance by introducing its first-ever 50-year bond. This strategic move is part of the Indian government’s broader efforts to revamp its borrowing profile. Prior to this groundbreaking issuance, the longest-tenor government bond available in India was the 40-year paper, which had a cut-off yield of …
On Saturday, 12 February 2022, Max Healthcare Institute posted a net profit of Rs. 252 crores in Q3 ended on 31 December 2021 ─ marking 87% YoY (year-on-year) growth led by normalisation of surgeries and improved payor mix. This hospital chain generated Rs. 135 crores net profit during Q3 FY 20. Keep scrolling to get …
At 12:30 pm, Reliance Industries shares were trading at Rs 2262.15, up by 1.61% from its previous closing of Rs 2226.20 on the BSE. Reliance Industries’ telecom arm, Reliance Jio Infocomm (Jio), has successfully demonstrated India’s first satellite-based gigabit fiber service to provide high-speed broadband services to previously inaccessible geographies within India. Jio showcased its …
Candlestick patterns are quite popular chart patterns. Traders recognize a variety of candlestick patterns in trading charts to forecast stock price movement. Some of these are considered strong trend reversal indications and so, when traders identify them in trading charts, they form trading strategies around those. We have discussed some of the candlestick trading strategies …
In the recent past, there had been news doing the rounds of a merger between NCDEX (National Commodities and Derivatives Exchange Limited) and NSE (National Stock Exchange). As of 26 November 2021, the report is close to being confirmed and announced. Find out more details regarding this story below: Key Highlights of the NCDEX-NSE Merger …
After a strong start to 2022, Sensex finally fell victim to the interest rate hike announcement from US Federal Reserve. On 6 January 2022 alone, the market fell about 900 points, only in India. The same can be said about other markets of Asia and the USA. This comes as an aftermath of US Federal …
