Investors put up a staunch fight against the prolonged 4-day fall on Dalal street on Friday resulting in the Sensex bouncing back almost 2,000 to 29,916 points while Nifty made its way to 8,883 points by the closing bell. In the end, all Sensex components other than Indusind Bank and HDFC were trading in green, …
Domestic benchmark indices Nifty and Sensex ended their week-long gaining streak on Tuesday. Although Sensex touched an all-time high in the morning, it slipped 50 points to reach 61,716. Similarly, Nifty 50 dropped to 18,418 at the end of the day after falling from 18,604. Notably, broader markets entered the red zone as Nifty Midcap …
The Monetary Policy Committee (MPC) meeting was held today June 8, 2023, to evaluate the prevailing macroeconomic conditions and make informed decisions. After a comprehensive assessment, the MPC has announced that it would maintain the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50%. Similarly, the standing deposit facility (SDF) rate would …
The National Stock Exchange (NSE) has announced the inclusion of Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in its indices such as Nifty 500 and Nifty Smallcap 25 and Nifty Midcap 150. The changes, which will be implemented from September 30, are aimed at drawing more investment interest into these trusts. According …
One of the key metrics for judging whether an app is user-friendly or not is by checking how fast and easily you can find crucial information. Many of the latest features of the Angel One iOS Super App have been designed to serve exactly this purpose. What is New? Addition of new indices to the …
On Saturday, Bajaj Finserv Ltd signed a Memorandum of Understanding (MoU) with the Government of Maharashtra, to develop Rs 5000 crore projects in Pune, one of the largest financial services investments in the country. The MoU was signed by Harshdeep Kamble, Industry Secretary, Government of Maharashtra and S Sreenivasan, Chief Financial Officer, Bajaj Finserv, in …
In the fourth quarter of FY23, India’s Gross Domestic Product (GDP) expanded by 6.1%, surpassing both analyst and Reserve Bank of India predictions. The growth was driven by increased government and private investments, although private consumption remained sluggish. Despite the global economic slowdown, the Indian economy demonstrated a strong performance in the last quarter of …
Increase in Nifty The Nifty50 has reached a record high of ₹18,614.25 at around 13:45 hrs on 28th Nov, 2022. The NSE index had opened at ₹18430.55 – its day’s low has so far been at ₹18,365.60. Fig. 1: Nifty chart on Angel One app Subsequently, Nifty call options have increased in price in the …
Twitter is a popular social media platform that allows users to share and discover information through short messages called tweets. Musk initiated the acquisition of Twitter on April 14 2022 and completed it on October 27, 2022. Elon Musk bought Twitter for USD 44 billion. The deal was executed in cash. Twitter went public in …
Omni-channel payment platform AGS Transact Technologies has made a flat debut on the stock market. Shares of the company listed at Rs. 176 on the BSE while the issue price was set at Rs. 175 a share. AGS Transact shares listed at the NSE at Rs. 175 per share. Experts predicted a flat listing considering …
