After picking up on Wednesday, the benchmark equity indices on Thursday posted a steep loss. It happened after Finance Minister (FM) Nirmala Sitharaman announced the directives of the first round of 20 lakh crore stimulus package that Prime Minister Narendra Modi announced on May 12th. Indian economy is under extended lockdown following COVID-19 outbreak from …
In a notable move, Bloomberg, the global financial advisory firm, is contemplating the inclusion of Indian Government Bonds in its index, marking another endorsement of the country’s financial instruments on the global stage. This announcement closely follows JPMorgan’s decision to incorporate these bonds into its global index starting June 2024. Bloomberg’s Proposal and Phased Inclusion …
As per ET Intelligence Group, whistle-blower complaints in India’s leading companies have fallen by more than a quarter in FY2021. An analysis of annual reports of nearly half of Nifty-50 companies revealed that these companies received a total of 3902 whistle-blower complaints during 2020-2021, down 27% year-on-year. In addition, the study found that the number …
In Nifty Outlook of 21 July, 2022 expiry, we analyzed Nifty on Monthly, Weekly, Daily & Hourly time- frames. Below was the summary for our analysis: Monthly Monthly candle is an Inside bar for June month bearish candle. On a monthly timeframe indecisiveness is the state for nifty in long term. Weekly This weekly candle …
The benchmark index, BSE Sensex, crashed more than 600 points in early trading on Monday, down nearly 1.5 percent, while the NSE Nifty opened 1.2 percent or over 180 points lower in early trading. While the Sensex was in danger of giving up the 48k-level, the Nifty index was under 14,500 levels on opening. The …
Chief Minister Inaugurates Prestigious Investor Summit Tamil Nadu recently hosted the two-day “World Investors Meet 2024” to showcase the state as an attractive investment destination and bring in new projects. The event was inaugurated by Honorable Chief Minister Thiru M.K. Stalin at the Chennai Trade Center. In his inaugural address, the Chief Minister emphasized Tamil …
Remember the guy who lost his crown as India’s richest man last year, his empire battered by a short-seller’s slingshot? Well, hold onto your turbans, folks, because Gautam Adani is BACK with a vengeance, reclaiming the top spot and leaving Mukesh Ambani in his dust! The Uprising – From Ashes to Empire As of today, …
Rising commodity prices pose a challenge to 46 per cent of the free-float weighted market cap of benchmark index Nifty 50, according to the latest report from international research firm Bank of America Securities (BofA). This accounts for 31 companies on the Nifty 50. The exposure of these companies to global commodity risk has shot …
Hold onto your hats, shareholders! The Reserve Bank of India (RBI) has whipped up a new draft circular on bank dividends, and it’s not just about who gets that sweet payout. It’s a major makeover for how our banking system operates, packed with stricter rules and a clear vision for the future. Remember those old …
India has been seeing a retail investor boom when it comes to the stock market ever since the first lockdown was imposed in the wake of the coronavirus pandemic. According to data from the National Stock Exchange (NSE), 90 lakh people have joined the legion of retail investors during the fiscal year 2021. Bombay Stock …
