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 …
India’s coronavirus daily tally touched a record high of 1,03,558 fresh infections on Monday, April 5, the highest pandemic numbers in the country, taking the Covid-19 case tally to 1,25,89,067 cases, according to the Union Health Ministry. The last single-day peak was registered when India recorded 97,894 infections on September 17 last year. Out of …
The stocks of Medplus Health Services traded way above the opening price and closed around Rs. 1120 on both the stock exchanges with a gain of around 40.70% compared to its issue price. The gain was backed up by two main factors, viz. a three-day uptrend in the stock market and large demand received by …
During the week ending December 17, the market corrected practically every day, bringing the benchmark indexes’ total weekly loss to 3%. As a consequence, bearish candle formation appeared on weekly charts, signaling market bearishness. Experts believe the index will be dragged towards the recent low of 16,782 levels, and if this level is broken, a …
The year 2022 began on a happy note as the equity markets ended the first week with gains. Even though the ongoing concerns about the Omicron threat persist, global stocks managed to end in positive territory. Last week, the markets took charge but witnessed some volatility as they interpreted the Federal Reserve’s hawkish stance with …
On Monday, 24 January 2022, the Indian stock market benchmarks- Sensex and Nifty 50 continued to slip for the fifth straight session. All Asian stock markets plunged amid weak global cues as investors braced themselves for a Federal Reserve meeting expected to confirm monetary withdrawal from global stock markets. Sensex crashed by 2000 points intraday …
Adani Wilmar is a newly listed company on the National Stock Exchange and the Bombay Stock Exchange. This company produces vegetable oils and other consumer edibles. On 14 February 2022, Adani Wilmar released its quarter 3 results ended in December for the current financial year. On that note, let’s take a look at the details …
This extension provides stock brokers with additional time to ensure all necessary documents are accurately prepared and submitted. Stock brokers can now take advantage of this extended deadline to carefully review their financial statements, compliance reports, rules and regulations, and other required documentation to ensure they are in full compliance with SEBI regulations. This extra …
On the first day of India’s 2024 spectrum auction, telecom companies placed bids worth a substantial amount of Rs.11,000 crore. The bidding took place over five rounds, showcasing the high demand for spectrum resources among major telecom players. Strong Industry Participation The auction, conducted by the Department of Telecommunications, witnessed participation from key industry players. …
The Securities and Exchange Board of India (SEBI) has significantly reduced the ticket size or face value of debt securities from Rs 1 lakh to Rs 10,000. This change aims to boost retail investor participation in the corporate bond market. Market Impact Market participants have long desired a lower ticket size for debt securities, which …
