In a significant move to enhance market integrity and liquidity, the National Stock Exchange (NSE) has announced new criteria for securities eligible as collateral in the futures and options segment. Starting August 1, over 1,000 securities will no longer qualify under the tightened guidelines set by NSE Clearing Ltd. This change is expected to impact …
Tuesday marked a significant milestone for the NSE benchmark Nifty50 index, which hit a fresh all-time high, comfortably trading above the 24,400 mark, up by 0.48%. This remarkable achievement was supported by a broad-based rally, with most sectoral indices trading in the green. Leading the charge were Nifty Auto and Nifty PSU Bank, showcasing strong …
The Multi Commodity Exchange of India Limited (MCX) is a premier commodity derivatives exchange based in India. Established in 2003, it is regulated by the Securities and Exchange Board of India (SEBI). MCX provides a platform for trading a wide range of commodity derivatives, including bullion, energy, base metals, and agricultural commodities. Known for its …
The 5th Monetary Policy for the financial year 2016-17 was announced by the RBI on December 07th after 2 days of deliberations by the Monetary Policy Committee (MPC). It is necessary to understand the background to the policy to appreciate the key announcements in a better perspective. Firstly, there is the demonetization exercise whose full …
Foreign portfolio investors (FPIs) continued their positive momentum in July, marking the second time this year that equity inflows outpaced debt inflows. According to NSDL data, investors net bought shares worth Rs 15,352 crore by July 12, bringing the total net inflows to nearly Rs 42,000 crore. Year-to-date, net purchases reached Rs 18,553 crore, despite …
Before the second Covid wave hit India, three international organisations were gung-ho about India’s economy overcoming the odds in its path and registering double-digit growth. Organisations forecasting strong growth for India included the likes of the Asian Development Bank, the International Monetary Fund and the World Bank. The Economic Survey of FY21 also went to …
You must study financial ratios, balance sheets and profit and loss (P&L) accounts while doing fundamental analysis. On the other hand, there is another method that can help you anticipate the movement of a stock with the support of price and volumes. This is known as technical analysis. The study provides tools to navigate the gap between …
The recently released subscriber data by the Telecom Regulatory Authority of India (TRAI) shows that Bharti Airtel, Reliance Jio and Vodafone Idea added subscribers for the month of February. However, Bharti Airtel has managed to lead the market in terms of active subscription base by adding 3.7 million active subscribers in February. While Reliance Jio’s …
Despite a strong domestic equity market, Indian Rupee plunged to a 1-month low against US Dollar. It fell for the sixth consecutive day as increasing oil prices were factored into the currency. The Indian Rupee lost 51 paise in the last six trading sessions; whereas, there has been a loss of 86 paise in total …
Overview Although the stock market’s lack of response to the disruptive pandemic waves has been perplexing, the Indian government has urged local governments to take more focused and localised containment steps to avoid a large economic effect. For the week ending May 23, the Nomura India Business Resumption Index (NIBRI) fell to 60 from 63 …
