February proved to be a testing period for Indian markets, with the Nifty50 index witnessing a significant decline of 6%. However, Nifty Bank, which tracks the most liquid and large-cap banking stocks, displayed relative resilience, declining by only 2.51%. Despite this outperformance, the index extended its losing streak for the third consecutive month. As a …
Despite a promising start to the first trading session of March, the NSE benchmark Nifty50 is struggling to sustain gains, trading 0.20% lower and slipping below the 22,100 mark as of 2:05 PM. The downward trajectory of Indian equities has persisted for several months now, with February marking the 5th consecutive month of decline—its longest …
When you think of diamonds, names like Tiffany & Co. and De Beers might come to mind, given their longstanding dominance in the global industry. However, India’s association with diamonds dates back to the 5th century BC, with mentions in ancient Sanskrit texts from 320 to 296 BC. For centuries, India was the world’s primary …
The Market Infrastructure Institutions (MIIs), which include exchanges, clearing corporations, and depositories, have successfully rolled out the Direct Payout Settlement mechanism for securities. Implemented on February 25, 2025, under the guidance of the Securities and Exchange Board of India (SEBI), this initiative aims to enhance operational efficiency, market transparency, and investor protection. This system ensures …
The International Monetary Fund (IMF) has reaffirmed that India will continue to be the fastest-growing major economy, projecting a GDP growth rate of 6.5% for 2025-26. This growth is attributed to strong private investment and macroeconomic stability. The IMF also emphasised the need for structural reforms to sustain long-term economic progress and achieve the goal …
Tesla, the renowned electric vehicle (EV) manufacturer led by Elon Musk, has taken a significant step towards establishing its presence in India. The company has finalised a deal to open its first showroom in Mumbai’s Bandra Kurla Complex (BKC), one of the city’s most upscale commercial areas. This move comes amid growing interest in EV …
On March 3, 2025, the BSE Sensex ended in the red, closing at 73,085.94, down by 0.15%, and the NSE Nifty50 closed at 22,119.30, down by 0.02%. Sectoral Performance On Monday, Nifty Midsmall Financial Services, Nifty Media and Nifty Oil & Gas ended in the red. Nifty Realty, Nifty Metal, and Nifty Consumer Durables ended in green. …
A Special Anti-Corruption Court in Mumbai has directed the registration of a First Information Report (FIR) against senior officials of the Securities and Exchange Board of India (SEBI), including former Chairperson Madhabi Puri Buch, as well as the Bombay Stock Exchange (BSE). The order follows a petition filed by journalist Sapan Shrivastava, alleging large-scale stock …
The capital market regulator, the Securities and Exchange Board of India (SEBI) has released a consultation paper suggesting that Accredited Investors (AIs) be included in the definition of Qualified Institutional Buyers (QIBs). This proposal refines the the regulatory framework for Angel Funds and aims to broaden investment opportunities for start-ups by allowing Angel Funds to …
On February 27, 2025, the capital market regulator, the Securities and Exchange Board of India (SEBI) revealed a new regulatory framework for Specialised Investment Funds (SIFs), effective from April 1, 2025. The objective behind rolling out SIFs is to fill the gap between mutual funds and Portfolio Management Services (PMS) by offering enhanced portfolio flexibility. …
