The Securities Appellate Tribunal (SAT) has upheld the order issued by the capital market regulator against the SME company Trafiksol ITS Technologies, directing it to refund investors money following its successful initial public offering (IPO). SAT Decision on Trafiksol’s appeal In a ruling issued on Tuesday, the appellate authority rejected the appeal filed by the …
On January 27, 2025, Indian stock markets faced a rough start to the expiry week of the January series. The Nifty 50 index dropped by over 200 points, falling below the 23,000 level for the first time since June 7. It had already closed at a 6 -month low last Friday. Although the index is …
On January 28, 2025, the BSE Sensex ended in green closing at 75,901.41, up by 0.71% and the NSE Nifty50 closed at 22,957.25, up by 0.56%. Sectoral Performance On Tuesday, Nifty Pharma, Nifty Healthcare Index and Nifty Midsmall Healthacre ended in the red. Nifty Realty, Nifty Financial Services and Nifty PSU Bank ended in green. Top Gainers …
Amazon Web Services (AWS) has announced a major $8.3 billion investment to expand its cloud infrastructure in Maharashtra under the AWS Asia-Pacific (Mumbai) Region. This is expected to boost India’s digital economy and create thousands of jobs in the state. $15.3 Billion Contribution to GDP by 2030 AWS estimates that this investment will contribute $15.3 …
On January 28, 2025, as of 12:10 PM, the BSE Sensex was up by 1.07% at 76,160.57, while the Nifty 50 was up 0.85% at 23,022.10. The mid-day top gainers and losers for the day are: Mid-Day Top Gainers Symbol Open High Low LTP %chng AXISBANK 960 985.1 958.2 983.3 3.71 HDFCBANK 1,647.00 1,682.50 1,647.00 …
On 25th January 2025, the Finance Ministry announced the implementation of the Unified Pension Scheme (UPS), a significant reform aimed at providing an assured pension to central government employees. This scheme, effective from 1st April 2025, will apply to employees under the National Pension System (NPS) who opt for it. The UPS promises a more …
On Friday, January 10, the Indian stock market saw continued declines, with both the BSE and NSE falling for the third consecutive session. The losses for both indices were more than half a percent during intraday trade. The Sensex dropped over 500 points, reaching a low of 77,099.55, while the Nifty 50 fell by more …
Markets end lower ahead of Sensex monthly expiry day, January 28, 2025. On January 27, 2025, the BSE Sensex ended in red closing at 75,366.17, down by 1.08% and the NSE Nifty50 closed at 22,829.15, declining by 1.14%. Sectoral Performance On Monday, Nifty Media, Nifty MidSmall IT & Telecom and Nifty IT ended in the red. None …
Foreign Portfolio Investors (FPIs) have continued to pull out funds from Indian equity markets, withdrawing ₹64,156 crore ($7.44 billion) in January. This follows a modest investment of ₹15,446 crore in December. The main reasons for the outflows include a weaker rupee, rising US bond yields, and expectations of a weak earnings season for Indian companies. …
The combined market valuation of four of the top 10 most-valued firms declined by ₹1,25,397.45 crore last week, reflecting weak investor sentiment at Dalal Street. The BSE benchmark index fell by 428.87 points (0.55%), while the Nifty dipped by 111 points (0.47%) during the week. Major Losers: Reliance Industries Takes the Biggest Hit Reliance Industries recorded …
