On November 12, 2024, Vistara Airlines officially became part of Air India today. The newly combined Air India entity is now poised to operate upwards of 5,600 flights each week, connecting over 90 destinations, signaling a major milestone for the Indian aviation sector. Vistara Airlines Transitions to Air India Group The merger was done in …
The Nifty50 index slipping below the critical 24,000 level has sent ripples across the market, prompting analysts and traders to brace for potential shifts in sentiment and volatility. With current trading levels hovering near 24,027.05 and a 114-point drop, the technical and fundamental indicators suggest critical points to watch as the index approaches sensitive levels. …
Saatvik Solar, one of the biggest solar manufacturers in India has signed an agreement with G2H Solar to supply 200 MW of high-efficiency solar photovoltaic (PV) modules for renewable energy projects across India. The delivery of these advanced modules, featuring Mono PERC bifacial half-cut technology with power ratings of 540Wp and 550Wp, is set to …
The capital market regulator, the Securities and Exchange Board of India (SEBI) has asked qualified stock brokers to provide clients with either a UPI-based block mechanism for secondary market trades or a 3-in-one trading account option, from February 1, 2024. SEBI Enhancing Investor Convenience Certain Trading Members (TMs) already provide clients with the convenience of …
On Tuesday, November 12, 2024, the benchmark indices Sensex and Nifty 50 are expected to open muted amid mixed global market cues. At 08:07 AM, Gift Nifty was trading up by 0.08% at 24,258.50. Previous Trading Session On November 11, 2024, the Sensex rose by 9.83 points, or 0.01%, to close at 79,496.15, while the …
On November 11, 2024, the benchmark equity indices ended almost flat. Nifty 50 was down 0.03% and settled at 24,141.30 while Sensex was up 0.01% to 79,496.15. Nifty Bank was up 0.61% to 51,876.75. The volatility indicator Nifty VIX was down 1.38% to 14.27, reflecting a rise in volatility. Sectoral Performance Nifty Healthcare and Nifty …
Foreign Direct Investment (FDI) is crucial for India’s economic growth, bringing in capital, boosting job creation, and supporting the nation’s industries. However, recent data indicates that FDI flows into India have slowed significantly, raising concerns about the country’s ability to attract and sustain foreign investments. In this blog, we’ll break down what’s happening with FDI …
The capital market regulator, the Securities and Exchange Board of India (SEBI) has proposed to broaden the scope of Unpublished Price Sensitive Information (UPSI) to improve transparency in market disclosures. Through the proposal, SEBI aims to include a range of new events under the UPSI definition, such as proposed fundraising activities, restructuring plans, and one-time …
On Friday, the National Stock Exchange (NSE) announced a trading holiday on November 20, 2024, in observance of the Maharashtra Assembly elections. According to an NSE circular, trading will be closed during regular market hours, from 9:00 a.m. to 5:00 p.m. However, the evening trading session will remain open from 5:00 p.m. to 11:55 p.m. …
On Monday, November 11, 2024, the benchmark indices, Sensex and Nifty 50 are expected to open lower followed by weakness in Asian markets. However, at 07:55 AM, Gift Nifty was trading up by 0.03% at 24,125. Previous Trading Session On November 8, 2024, the Sensex dropped 55.47 points, or 0.07%, to close at 79,486.32, while …
