Calculate your SIP ReturnsExplore

Market Updates - Angel One

GIFT NIFTY Turns 1 Today

GIFT NIFTY Turns 1 Today

3 July 2024

Gift Nifty today turns 1 year old, and in this 1 year, we can see that the strategic move from SGX Nifty to Gift Nifty was excellent, and the Indian stock market digested this one very well. This increased oversight by Indian authorities will likely lead to stricter regulations and monitoring of trading activities, which …

Auto Sales Data for June 2024

Auto Sales Data for June 2024

2 July 2024

In the beginning of the July 2024 month, automakers such as Maruti Suzuki, Tata Motors, Hyundai, Mahindra, Hero MotoCorp, Bajaj, Royal Enfield, Honda, Suzuki, TVS, and more will be highlighting their sales for the June month. The report contains information on their last month’s sales numbers, export growth year on year (YoY), and export volume. …

SEBI’s New Guidelines on Charges Levied by Market Infrastructure Institutions

SEBI’s New Guidelines on Charges Levied by Market Infrastructure Institutions

2 July 2024

The Securities and Exchange Board of India (SEBI) has issued new guidelines to ensure fairness and transparency in the charges levied by Market Infrastructure Institutions (MIIs). These guidelines, effective from October 1, 2024, aim to protect investors and promote a more equitable securities market. Here’s a breakdown of the key points from SEBI’s circular: Role …

Nifty IT Soars to Best June Performance in Two Decades: Will the Rally Continue?

Nifty IT Soars to Best June Performance in Two Decades: Will the Rally Continue?

1 July 2024

The NSE Nifty IT index is among the best-performing sectors on Monday, gaining almost 2% and reaching its highest level since March 18, 2024. June Performance: A Historic High The NSE Nifty IT index registered its sharpest rise in June in 20 years, with the technology benchmark index surging 11.6% last month. This marks the …

India’s Stock Market Surge: A Closer Look at the Recent Trillion-Dollar Rally

India’s Stock Market Surge: A Closer Look at the Recent Trillion-Dollar Rally

1 July 2024

India, now the fifth-largest equity market globally, has witnessed a remarkable surge in its market capitalization, adding over USD 1 trillion in the last six months. This relentless rally has propelled the frontline indices to new record highs, driving increased participation in the market. Market Capitalization Surge Since the start of 2024, the combined market …

SEBI Increases Basic Demat Account Limit by Five Times

SEBI Increases Basic Demat Account Limit by Five Times

1 July 2024

The Securities and Exchange Board of India (SEBI) has issued a circular outlining new guidelines for the Basic Services Demat Account (BSDA), aimed at promoting financial inclusion and simplifying the investment process for individuals. These new rules, effective from September 1, 2024, build upon previous directives and are designed to further boost participation in the …

RBI Approves Hitachi Payment Services as Online Payment Aggregator

RBI Approves Hitachi Payment Services as Online Payment Aggregator

28 June 2024

On June 27, 2024, Hitachi Payment Services received the Reserve Bank of India’s final authorization to operate as an Online Payment Aggregator under the Payments and Settlements Act, 2007. This end-to-end payments and commerce solutions provider will now be able to expand its digital solutions and services stack to encompass a comprehensive suite of innovative …

SEBI Shortens Listing Timeline to T+3 Days for Debt Securities

SEBI Shortens Listing Timeline to T+3 Days for Debt Securities

28 June 2024

The Securities and Exchange Board of India (SEBI) has introduced a new listing timeline for debt securities, including non-convertible debentures and non-convertible redeemable preference shares, to enhance market efficiency and expedite the listing process. SEBI Shortens Listing Timeline SEBI announced that the listing of these debt securities must now occur within T+3 working days, a …

SEBI Bans Regulated Entities from Associating with Unregistered ‘Finfluencers’

SEBI Bans Regulated Entities from Associating with Unregistered ‘Finfluencers’

28 June 2024

The Securities and Exchange Board of India (SEBI) has proposed new measures to restrict the association of regulated entities with unregistered financial influencers, commonly known as “finfluencers.” This initiative aims to protect investors and ensure that credible and regulated sources provide financial advice and promotions The Rising Influence of Finfluncers In recent years, financial influencers …

SEBI Eases ‘Trading Plans’ Framework for Company Insiders

SEBI Eases ‘Trading Plans’ Framework for Company Insiders

27 June 2024

The Securities and Exchange Board of India (SEBI) has recently made significant revisions to its ‘Trading Plans’ framework, mainly focused at facilitating compliant trading practices among insiders who regularly handle unpublished price-sensitive information (UPSI). Reduction in Cool-Off Period SEBI’s latest circular reduces the minimum cool-off period required between the disclosure and implementation of a trading …

Open Free Demat Account!
Enjoy Zero Brokerage on Stock Investments.