Introduction The Nifty50 index is a key benchmark of NSE. By examining historical data on Price-to-Earnings (PE) and Price-to-Book (PB) ratios, investors gain insight into whether the market is overvalued or undervalued compared to historical norms. This article explores the historical averages of these ratios, recent trends, and what they could mean for investors today. …
On November 05, 2024, the Indian equity indices ended in green. Nifty 50 was up 0.91% and settled at 24,213.30 while Sensex was up 0.88% to 79,476.63. Nifty Bank was up 1.94% to 52,207.25. The volatility indicator Nifty VIX was down 4.08% to 16.01, reflecting a fall in volatility. Sectoral Performance Nifty Metal, Nifty Financial …
The Securities and Exchange Board of India (SEBI) has directed Embassy Office Parks Management Services, the manager of Embassy Real Estate Investment Trust (REIT), to suspend its Chief Executive Officer, Aravind Maiya, for failing to meet the “fit and proper” criteria. This action was taken on Monday after a thorough review of his professional conduct. …
On April 12, 1988, the Government of India passed a resolution creating the Securities and Exchange Board of India as a non-statutory organization. The Ministry of Finance within the Government of India oversees the Securities and Exchange Board of India, which is the regulatory body for the country’s securities and commodities markets. Indian mutual fund …
The Indian stock market is expected to be impacted on November 05, 2024, due to cautious sentiment in global markets ahead of the U.S. Presidential Election in 2024 and an upcoming U.S. Federal Reserve policy meeting this week. Previous Trading Session On November 04, 2024, the Indian markets dropped significantly, with both the Sensex and …
On November 04, 2024, the Indian equity indices ended in red. Nifty 50 was down 1.27% and settled at 23,995.35 while Sensex was down 1.18% to 78,782.24. Nifty Bank was down 0.89% to 51,215.25. The volatility indicator Nifty VIX was up 5.01% to 16.70, reflecting a rise in volatility. Sectoral Performance All the sectors ended …
On November 4, 2024, India’s benchmark indices opening displayed a mixed opening. Nifty 50 opened at 24,315.75 up from its previous close (October 31, 2024) of 24,205.35, while Sensex opened at 79,713.14, down from its previous close at 79,389.06. At 12:47 PM, Nifty 50 dropped 1.76% to 23,877.00 while Sensex fell by 1.59% to 78,458.71. …
The Indian stock market’s main indices, Sensex and Nifty 50 , are set for a cautious start on November 04, 2024 amid mixed signals from global markets. Asian markets are trading with varied performances, while the U.S. stock market closed higher last week, boosted by Amazon’s strong earnings report. However, uncertainty around the upcoming U.S. …
On Monday, November 04, 2024, the benchmark indices Nifty 50 and Sensex are likely to be impacted by mixed global cues. As of 7:55, Gifty Nifty futures were trading almost flat at 24,315, up 0.04%. Check out a few stocks, which will be in focus during the trading session. Dr Reddy’s Laboratories Dr Reddy’s has …
On October 31, 2024, both the BSE Sensex and NSE Nifty50 ended the day lower. The BSE Sensex closed at 79,389.06, down by -553.12 or 0.69%. Similarly, the Nifty50 also closed at 24,205.35, down by −135.50 or 0.56%. Key Highlights Cipla shares gained 10% after receiving USFDA approval for a significant drug. The rupee hits …
