CALCULATE YOUR SIP RETURNS

Market Updates - Angel One

FPIs Withdraw ₹22,194 Crore in January Amid Weak Market Sentiment

FPIs Withdraw ₹22,194 Crore in January Amid Weak Market Sentiment

13 January 2025

Foreign Portfolio Investors (FPIs) have pulled out ₹22,194 crore from Indian equities as of January 10, 2025. This follows a net inflow of ₹15,446 crore in December 2024, indicating a sharp reversal in investor sentiment. Key Reasons for FPI Withdrawal The significant sell-off by FPIs is driven by several global and domestic factors, including: Weak …

Bank Holidays for Lohri and Makar Sankranti 2025: Are Banks Closed?

Bank Holidays for Lohri and Makar Sankranti 2025: Are Banks Closed?

13 January 2025

The bank holidays in January 2025 are out. Many people are curious to know if banks will remain closed during the festivals of Lohri (January 13) and Makar Sankranti (January 14). Here’s what you need to know. Are Lohri and Makar Sankranti Bank Holidays? Lohri (January 13) Banks will remain open on Lohri. It is …

Closing Bell: Sensex Sinks 1,031 Points, Nifty Below 23,100 on January 13

Closing Bell: Sensex Sinks 1,031 Points, Nifty Below 23,100 on January 13

13 January 2025

The BSE Sensex plunged by 1,031.65 points (1.35%) on Monday, closing at 76,347.26. The 30-share index fluctuated between a high of 77,128.35 and a low of 76,249.72 during the session. The NSE Nifty50 also ended the day lower, shedding 345.55 points (1.47%) to settle at 23,085.95. The index reached a high of 23,340.95 and a …

Razorpay to Reverse-Flip Parent Entity to India; Plans IPO

Razorpay to Reverse-Flip Parent Entity to India; Plans IPO

13 January 2025

India-born fintech startup Razorpay, which is currently incorporated in the US, has announced plans to reverse-flip its parent entity back to India in the next six months. Co-founder and CEO Harshil Mathur shared that the company is awaiting the necessary approvals for the process, which could take anywhere between 3 to 6 months. Following the …

Nifty Bank Index Slides Nearly 1%; P/BV Ratio Hits Multi-Month Lows

Nifty Bank Index Slides Nearly 1%; P/BV Ratio Hits Multi-Month Lows

13 January 2025

The Nifty Bank index experienced a notable decline of 0.99% on January 13, 2025, shedding 479 points by 12:47 PM. This marks the 4th consecutive session of losses, amounting to a total fall of 3.93% over the past trading days. In comparison, the Nifty50 index performed relatively better during the same period. Advances vs Declines: …

Nifty50 Drops 200 Points Amid Relentless FII Selling; Rupee Plunges to Record Lows

Nifty50 Drops 200 Points Amid Relentless FII Selling; Rupee Plunges to Record Lows

13 January 2025

The NSE benchmark Nifty50 index started on a lower note on January 13, 2025, slipping below the critical 23,200 mark during intraday trading. While it managed to recover marginally from the intraday lows, trading above 23,200, the index remained down by 207 points or 0.88% as of 11:53 am.  Market Breadth: Declines Dominate The market …

India Achieved Record Renewable Energy Capacity Addition in 2024

India Achieved Record Renewable Energy Capacity Addition in 2024

13 January 2025

India’s renewable energy sector achieved a historic milestone in 2024 with a record capacity addition of approximately 30 GW. This represents a 113% increase from the 13.75 GW added in 2023, as per data from the Ministry of New & Renewable Energy. The achievement highlights the nation’s accelerating efforts to transition to clean energy and …

Who are Leah Tata and Maya Tata? Who Joined Board of Tata Industrial Institute

Who are Leah Tata and Maya Tata? Who Joined Board of Tata Industrial Institute

10 January 2025

Leah and Maya Tata, the daughters of Tata Trusts Chairman Noel Tata, have been inducted onto the board of trustees of the Sir Ratan Tata Industrial Institute (SRTII), a key subset of Sir Ratan Tata Trust. The trust is one of the two principal shareholders of Tata Sons, the holding company of the Tata Group. …

Asian Stocks Decline Amid Strong US Jobs Data and Fed Rate Concerns

Asian Stocks Decline Amid Strong US Jobs Data and Fed Rate Concerns

13 January 2025

Asian stock markets saw early declines on Monday as robust US jobs data prompted traders to reassess the Federal Reserve interest rate cuts timeline. Higher crude oil prices and renewed strength in the US dollar added to market pressures. Indian Equity Markets Open Lower Indian benchmark indices began the week on a weaker note: NSE …

India-Mongolia Mining Pact: A New Era of Cooperation

India-Mongolia Mining Pact: A New Era of Cooperation

12 January 2025

India is poised to sign a preliminary agreement with Mongolia, paving the way for cooperation in geology and exploration, as per news reports. This development is expected to bolster India’s access to copper and coking coal, which are crucial for its growing energy, construction, and steel sectors. A Strategic Partnership The proposed agreement has been …

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Open Free Demat Account!
Join our 3 Cr+ happy customers