On January 20, 2025, the BSE Sensex witnessed a significant gain of over 500 points, or 0.68%, reclaiming the 77,000 mark. This rally marked the second-best trading session of the calendar year 2025. The surge comes despite rising market volatility ahead of Donald Trump’s inauguration as the President of the United States for his 2nd …
In a pivotal move to promote the Indian Rupee (INR) in international trade, the Reserve Bank of India (RBI) introduced sweeping changes to the Foreign Exchange Management Act (FEMA), in 1999. These reforms aim to elevate the INR’s global standing, reduce reliance on major foreign currencies like the US Dollar, and bolster India’s trade and …
HSBC India, a part of the global HSBC Group, has been operating since 1853 and is headquartered in Mumbai. It offers a wide range of services, including retail banking, wealth management, corporate banking, global banking, commercial banking for SMEs, and private banking for high-net-worth individuals. Approval from RBI HSBC India announced on January 17, 2025, …
The Nifty Smallcap 100 Index is a benchmark designed to mirror the behaviour and performance of the small-cap segment within the Indian financial market. Comprising 100 tradable stocks listed on the National Stock Exchange (NSE), this index serves as a significant indicator of small-cap market trends and investor sentiment. Recent Performance of the Index As …
On January 20, 2025, at 12:33 PM, the Nifty Bank Index witnessed a sharp surge, rising by over 800 points or 1.69%, marking its most significant single-day rally since November 25, 2024. Out of the 12 constituent stocks, 11 traded in the green, reflecting a robust advance-decline ratio for the day. Despite the strong rally …
The NSE benchmark index, Nifty50, started the trading session on January 20, 2025, on a positive footing. However, volatility soon gripped the market, causing the index to briefly slip below the crucial 23,200 mark. Despite this, the index rebounded in mid-session trades to hover above the 23,300 level, registering a 0.61% gain. The volatility gauge, …
Quick commerce platforms such as Zomato’s Blinkit, Swiggy’s Instamart, and Zepto have reported sharp increases in their gross order value (GOV). Zepto’s annualised GOV reached $3 billion (₹24,500 crore) in January 2025, tripling within 8 months. In April 2024, Zepto’s annualised GOV stood at $1 billion, according to reports. Zomato share price stands at ₹252.85, …
The 111th meeting of the Executive Committee (EC) of the Central Board of Trustees, Employees’ Provident Fund (EPF), was held on January 18, 2025 at the EPFO Head Office, New Delhi. Chaired by Ms Sumita Dawra, Secretary of the Ministry of Labour and Employment, the meeting witnessed the participation of senior officials from the ministry, …
Foreign Institutional Investors (FIIs) have been net sellers in India throughout January 2025, barring the trading session on January 2. This marks a continuation of the significant outflows witnessed in 2024. The selling spree has intensified to such an extent that January 2025 recorded the highest FII outflows for the month in over a decade, …
On January 17, 2025, the Sensex ended its 3-day winning streak, closing 403.24 points (0.52%) lower at 76,639.58. During the day, the index moved between a high of 77,069.19 and a low of 76,263.29. The NSE Nifty50 also ended in the red, dropping 108.60 points (0.47%) to close at 23,203.20. The index hit a high …
