The Nifty Financial Services (FINNIFTY) Index serves as a barometer for the Indian financial market, encompassing a diverse range of financial entities such as banks, financial institutions, housing finance companies, insurance providers, and other financial services firms. The index comprises 20 prominent stocks listed on the National Stock Exchange (NSE), making it a vital indicator …
On January 6, 2025, the benchmark Indian stock indices, BSE Sensex and Nifty 50, are experiencing significant losses due to mixed global signals. By 12 PM, the BSE Sensex had dropped by 1,222.19 points, or 1.54%, to 78,000.92. Meanwhile, the Nifty 50 stood at 23,607.30, down by 397.45 points, or 1.66%. The top gainers and …
On January 6, 2025, the BSE Sensex ended in red closing at 77,964.99, down by 1.59% and NSE Nifty50 closed at 23,616.05, dropping by 388.70 points or 1.62%. Sectoral Performance On Monday, Nifty PSU Bank, Nifty MidSmall Financial Services and Nifty Realty ended in the red. Nifty PSU Bank and Nifty MidSmall Financial Services dropped by over …
The NSE benchmark Nifty50 index witnessed its sharpest single-day fall on January 6, 2025, since November 3, 2024. As of 2:16 PM, the index was down by 1.6% or 381 points, trading at 23,622. The market sentiment leaned heavily towards decliners, with 45 stocks in red and only 5 stocks in green. Top Movers: Who …
India is gearing up to strengthen its electronics manufacturing sector with a Production Linked Incentive (PLI) scheme worth ₹25,000 crore, aimed at boosting domestic production of key electronic components. According to a CNBC-TV18 report, the Finance Ministry has already approved the proposal, and the Ministry of Electronics and Information Technology (MeitY) is set to seek …
The Saarthi app serves as a robust companion to its website, seamlessly extending its functionality while offering an enriched and user-friendly experience. Boasting a sleek design and intuitive navigation, the app is designed to empower investors by providing a wealth of resources and tools. Saarthi App by SEBI In January 2024, the Indian financial markets …
On January 3, 2025, Indian equity markets closed the week in the red. The BSE Sensex fell 720.60 points (0.90%) to settle at 79,223.11, trading within the range of 80,072.99 and 79,147.32. Similarly, the NSE Nifty50 lost 183.90 points (0.76%) to end at 24,004.75 after hitting a day’s high of 24,196.45 and a low of …
The capital market regulator, the Securities and Exchange Board of India (SEBI) has dismissed the allegations against Karvy Capital Ltd (KCL) and its three directors—Ajith Bhaskaran, Hitungshu Debnath, and K.P. Jeewan. These allegations related to violations of provisions under the SEBI (Alternative Investment Funds) Regulations, 2012. Specifically, the charges claimed that KCL, as the sponsor …
The Securities and Exchange Board of India (SEBI) has issued an interim order cum show-cause notice (SCN) in a ₹65.77 crore front-running scam. The scam revolves around Ketan Parekh, a previously banned stock market operator, and Rohit Salgaonkar, a Singapore-based trader. Both allegedly exploited non-public information (NPI) related to trades by a major US-based fund …
The BSE Small-Cap Index represents the bottom 15% of the Bombay Stock Exchange’s market capitalization. The BSE Small-cap index constituents are facing selling pressure amid muted earnings, inflation concerns, and persistent foreign institutional investor (FII) outflows. Covering 946 small-cap companies with a market capitalization of Rs 7.42 lakh crore, the index has declined 4.21% over …
