Foreign investors have maintained their net buying position in Indian equities for the fifth straight session. Foreign portfolio investors (FPIs) purchased stocks worth Rs.314.5 crore, according to provisional data from NSE. Domestic institutional investors (DIIs) also remained net buyers for the second session, acquiring equities worth Rs.1,416.5 crore. Inflows and Market Performance This month, FPIs …
It was in November 2019 when the Reserve Bank of India raised the red flag against the NBFC Dewan Housing Finance Limited (DHFL) after the mortgage lender failed to meet a number of payment obligations. India’s banking regulator also raised a number of governance concerns within DHFL, superseded its board of directors and initiated insolvency …
In the beginning of the July 2024 month, automakers such as Maruti Suzuki, Tata Motors, Hyundai, Mahindra, Hero MotoCorp, Bajaj, Royal Enfield, Honda, Suzuki, TVS, and more will be highlighting their sales for the June month. The report contains information on their last month’s sales numbers, export growth year on year (YoY), and export volume. …
An Overview On Thursday, investors’ wealth increased by Rs. 2,93,054.25 crores as markets recovered from a three-day losing streak. The 30-share BSE benchmark Sensex rose 638.70 points, or 1.22 percent, to 52,837.21 at the closing. It rose 668.75 points to 52,867.26 over the day. Following the optimistic trend, BSE-listed businesses’ market capitalization increased by Rs. …
An Overview On Tuesday, India’s benchmark indices closed at new all-time highs. The BSE Sensex ended the day at a new all-time high of 53,823.36, up 872.73 points or 1.65%. Likewise, the broader Nifty50 index rose 242 points, or 1.52%, to a new high of 16,126.65. Earlier in the trade, both indices reached new all-time …
Even though coronavirus-related uncertainties and inflation threatened to take the stuffing out of stocks, markets closed 2021 with over 20% gains. Let’s explore if a bull market retaliation is on the horizon this year, based on a number of rising variables. Will the uptick continue this year? Headwinds in the first half of this year …
The NSE Nifty IT index is among the best-performing sectors on Monday, gaining almost 2% and reaching its highest level since March 18, 2024. June Performance: A Historic High The NSE Nifty IT index registered its sharpest rise in June in 20 years, with the technology benchmark index surging 11.6% last month. This marks the …
India, now the fifth-largest equity market globally, has witnessed a remarkable surge in its market capitalization, adding over USD 1 trillion in the last six months. This relentless rally has propelled the frontline indices to new record highs, driving increased participation in the market. Market Capitalization Surge Since the start of 2024, the combined market …
India’s coronavirus daily tally touched a record high of 1,03,558 fresh infections on Monday, April 5, the highest pandemic numbers in the country, taking the Covid-19 case tally to 1,25,89,067 cases, according to the Union Health Ministry. The last single-day peak was registered when India recorded 97,894 infections on September 17 last year. Out of …
The stocks of Medplus Health Services traded way above the opening price and closed around Rs. 1120 on both the stock exchanges with a gain of around 40.70% compared to its issue price. The gain was backed up by two main factors, viz. a three-day uptrend in the stock market and large demand received by …
