The Securities and Exchange Board of India (SEBI) has rolled out new measures to ensure trading continuity during technical outages at stock exchanges. The initiative has been taken to reduce disruptions and safeguard investor interests during unforeseen technical issues by designating the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) as alternative trading venues …
As India’s equity market continues to thrive, driven by corporate earnings and market optimism, equity mutual funds have become an attractive investment avenue. With the market exhibiting resilience and growth potential, particularly in key sectors like technology, banking, and consumer goods, equity funds have seen substantial capital appreciation. In this article, we will explore the …
Thursday, November 28, 2024, was a challenging trading day for Indian stock markets. The Sensex plummeted by over 1000 points, while the Nifty50 breached its psychological level of 24,000, closing 361 points lower. This sharp correction marked a significant setback for frontline indices, which had shown resilience earlier in the week. F&O Expiry Triggers a …
In recent months, banks in India have tightened their approach to credit card issuance, significantly reducing the number of new cards being added. October saw a stark decline in numbers, with banks issuing just 0.79 million credit cards, compared to 1.69 million during the same period last year. While some banks like HDFC Bank and SBI Card …
On November 28, 2024, both the BSE Sensex and Nifty 50 dropped ~1.50%. The BSE Sensex closed at 79,043.74, down by 1,190.34 points or 1.48%. Similarly, the Nifty50 also closed at 23,914.15, down by 360.75 points or 1.49%. Sectoral Performance Nifty Media and Nifty PSU Bank were the most gaining sectors with a rise of 0.93% and 0.32%, respectively. …
On November 28, 2024, at 08:05 AM, the GIFT Nifty futures were trading almost flat at 24,469, 10.50 points higher, indicating a muted start. Before the market opens, check out a few stocks that will be in focus during the trading session. Godrej Properties As per CNBC, Godrej Properties, a Mumbai-based real estate developer is planning …
On November 27, 2024, both the BSE Sensex and Nifty 50 ended higher. The BSE Sensex closed at 80,234.08, up by 230.02 points or 0.29%. Similarly, the Nifty50 also closed at 24,274.90, up by 80.40 points or 0.33%. Sectoral Performance Nifty Media and Nifty Metal were the most gaining sectors with a rise of 0.98% and 0.79%, …
The Indian automotive sector is facing a tough road in the first half of FY25, struggling with declining profits, high inventory, and shrinking margins. While some players bucked the trend, the overall picture shows some major challenges for manufacturers and dealers alike. Profit Decline Show Sector Woes Major companies reported a sharp decline in profits …
Securities and Exchange Board of India has mandated that mutual funds value repo transactions on a mark-to-market basis, starting January 2025. This change aims to bring consistency and transparency to the valuation of money market and debt securities, address regulatory concerns, and protect investors. Repo Transactions to Be Marked-To-Market Previously, repo transactions with a tenor …
On November 27, 2024, at 07:51 AM, the GIFT Nifty futures were trading almost flat at 24,255, 7 points higher, indicating a muted start. Before the market opens, check out a few stocks that will be in focus during the trading session. Vedanta Vedanta Resources has announced a $2 billion investment in Saudi Arabia to set …
