Planning vacations and managing finances will become simpler with a clear understanding of bank holidays in 2025. Each state in India observes specific bank holidays depending on regional festivals, in addition to three national holidays: Republic Day (January 26), Independence Day (August 15), and Gandhi Jayanti (October 2). Furthermore, banks remain closed on the second …
The Bombay Stock Exchange (BSE) earlier announced a significant revision in the expiry days for its Sensex, Bankex, and Sensex 50 index derivatives contracts, effective from tomorrow January 1, 2025. This change is part of a broader initiative to streamline trading processes and align expiry schedules more effectively with market practices. New Expiry Schedule for …
Mukesh Ambani and Gautam Adani have both dropped out of Bloomberg’s $100 billion club for 2024 due to business challenges. Ambani faces concerns over rising debt and underperforming sectors, while Adani deals with a U.S. probe and fallout from a fraud report. Challenges Weigh on India’s Richest Billionaires India’s richest individuals, Mukesh Ambani and Gautam …
On December 17, 2024, benchmark equity indices BSE Sensex and NSE Nifty 50 experienced steep declines, dropping over 1% each due to widespread selling pressure. The Sensex fell by 1,064.12 points, or 1.30%, to close at 80,684.45. Throughout the session, the index fluctuated between 81,613.64 and 80,612.20. Similarly, the Nifty 50 dropped 332.25 points, or …
On December 30, 2024, the Indian stock market ended the week’s first session in the red. The BSE Sensex dropped 450.94 points (0.57%) to close at 78,248.13. Throughout the session, it moved between 79,092.70 and 78,077.13. Similarly, the NSE Nifty50 slipped 168.50 points (0.71%) to end at 23,644.90 after trading in the range of 23,915.35 …
The Indian rupee traded at 85.55 against the US dollar during Monday’s afternoon session, reflecting a 0.20% decline from its previous close. This downturn was driven by foreign fund outflows, a stronger US dollar (USD) supported by month-end demand, and mounting concerns about India’s economic growth slowdown and widening trade deficit. Market Volatility and December …
The Sensex closed higher by 226 points, or 0.29%, at 78,699.07 in the final trading session of the week. The index moved within a range of 78,598.55 to 79,043.15 during the day. Similarly, the Nifty50 gained 63 points, or 0.27%, to settle at 23,813.40, with a high of 23,938.85 and a low of 23,800.60. Top …
The Indian stock market has been riding a wave of optimism as the Nifty 50 index looks set to close in 2024 with a modest 9% gain, following an impressive 20% rise in 2023. As we step into 2025, several key factors and challenges are likely to shape the market’s trajectory, with domestic and global …
India’s stock market has witnessed an unprecedented rise in investor participation, reflecting a growing trend of financialisation of savings. According to data released by the National Stock Exchange (NSE), November 2023 recorded a staggering addition of 42,76,207 investors, marking a significant milestone in the country’s equity market expansion. November Sees Record Investor Additions The NSE …
Angel One is expanding its Margin Trading Facility (MTF), which was previously available only for stocks, to include 20 Exchange-Traded Funds (ETFs). The list of these ETFs includes: List of 20 ETFs Added Sl.No Scrip Name 1 CPSE ETF 2 HDFC GOLD ETF 3 ICICI PRUD NIFTY ETF 4 ICICI PRUDENTIAL GOLD ETF 5 ICICIPRAMC …
