An Overview According to the share market’ association ANMI, switching to the T+1 settlement mechanism will turn India into a pre-financing market, with several issues for global institutional investors. Trades on Indian stock exchanges are currently settled two working days after the transaction is completed. The news comes amid allegations that the Securities and Exchange …
An Overview Companies ranging from Facebook to Xiaomi are vying for a piece of India’s digital financing market, which is expected to be worth $1 trillion by 2020. This month, Facebook said that India would be the first country to implement its small business lending programme, which will provide loans to companies that advertise on …
It is crucial to understand the financial or fundamental strength of a company while investing in the equity market. This can be done by analysing balance sheets, profit and loss accounts, cash flow statements and annual reports. However, going through each and every data point can be a tedious job for any novice investor. Another way …
Affle India’s board of directors is scheduled to meet on 26 August 2021 to take a call on the split of equity shares. Subjected to approval from its stakeholders, the company has confirmed this in an official statement. Let’s uncover more details below. Why this Stock Split? Essentially, stock split is a move where a …
HDFC Bank is back in the business of credit cards as India’s banking regulator RBI lifted an eight-month ban on issuing new cards. The Reserve Bank of India (RBI) had imposed these restrictions on the bank due to frequent outages and glitches with their internet and mobile banking. This ban hit HDFC hard financially as …
Last Tuesday, 24 August 2021, shares of Aptus Value and Chemplast Sanmar got listed on the bourses at a discount to the issue price. Thus, both these stocks continued the trend observed in the case of CarTrade as well as Nuvoco Vistas in the prior two sessions. On that note, let us find out how …
An Overview On 24th August, Infosys Ltd stock struck a new high, bringing the business’s market capitalization above $100 billion, making it the fourth Indian company to do so. On the BSE, shares touched a new high of Rs. 1,755.60 per share, bringing the market capitalization to Rs. 7.44 trillion, or $100 billion. The stock …
A Brief Overview Infrastructure Investment Trusts (or InvITs) have suddenly shot to popularity among investors with funds to spare who seek out assets that surpass the low yields that ordinary debt instruments deliver. Keeping in mind the fact that over 90 percent of the income created needs to be distributed as per the regulations in …
CarTrade Tech made an unimpressive debut on the bourses as its stock was listed at a discounted price of 1.1%. To elaborate, the issue price of CarTrade Tech IPO was Rs. 1,618 apiece. However, the same opened at Rs. 1,599.8 on NSE and at Rs. 1,600 on BSE. Followed by the listing, CarTrade’s market capitalisation stood …
An Overview In May, India’s industrial production increased by 29.3% year-over-year, aided by base effects that exaggerated growth while obscuring the sequential deterioration in the month that was hit worst by the second wave. Retail inflation dropped slightly to 6.27 percent in June, down from 6.3 percent in May, but remained beyond the RBI’s target …
