The concept of trade settlement plays a pivotal role in ensuring the smooth functioning of stock markets. The settlement cycle refers to the timeframe within which ownership of a traded security is transferred from the seller to the buyer. Currently, most stock markets operate on a T+2 settlement cycle, meaning that trades are settled two …
Company Overview Indian Railway Finance Corporation (IRFC) was incorporated on December 12, 1986, with an objective to procure funds for the Indian Railways from domestic and overseas capital markets. The main objective of the company is to use market borrowings to finance the “Extra Budgetary Resources” (EBR) needs of the Indian Railways at the most …
These 3 stocks have shown substantial gains in Thursday’s trading sessions, indicating strong bullish activity. Here’s an in-depth look. Omaxe Ltd OmaxeI stock price is forming a bullish peanut chart pattern. The stock is currently trading at Rs 79.90 and has seen volume rise in a prior trend, but while forming the pattern, the volume …
Market Update In today’s trading session, the Sensex is experiencing a 0.24% decline, while the Nifty is experiencing a marginal dip of 0.18%. Contrarily, Nifty Midcap and Nifty Smallcap are showing resilience with gains of 0.26% and 0.65%, respectively. In the sectoral landscape, Nifty Pharma, Nifty Media, and Nifty FMCG are emerging as the top …
Aster DM Healthcare has announced the separation of its India and GCC businesses in order to unlock value for shareholders and allow each business to adopt a market-focused strategy. A consortium led by Fajr Capital will acquire a 65% stake in the ownership of the GCC business, with the Moopen family retaining a 35% stake. …
Following a muted start to the trading session, benchmark indices experienced a notable downturn, primarily attributed to declines in the banking, financial services, utilities, and power sectors. Interestingly, these sectors had emerged as top gainers in the previous trading session. Conversely, the broader market indices displayed noteworthy resilience, with the BSE Midcap index registering a …
The benchmark index S&P BSE 500 opened today at 28,364.34 and made its day high at 28,368.42 and it is trading almost flat today, up by around 0.08% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by …
In a move set to send ripples through India’s burgeoning sneaker market, Foot Locker, Inc., the iconic New York-based athletic retailer, has announced a game-changing licensing agreement with Metro Brands Limited (MBL) and Nykaa Fashion. The Triumphant Trio: Foot Locker, Metro Brands, and Nykaa Fashion Under the long-term licensing agreements, Metro Brands secures exclusive rights …
In a strategic move to capitalize on emerging markets and bolster its position as a global player, PCBL (National Pioneer and World’s 7th Largest Carbon Black Company) is set to make waves with a groundbreaking joint venture and a significant acquisition. PCBL’s Foray into Battery Technology: Joint Venture with Kinaltek PCBL has inked a term …
Investing in the stock market can be a great way to grow your wealth over a long period of time. However, finding the right stocks to invest in can be a challenging task. One way to start investing in the stock market is by investing in low-priced stocks. These stocks can be a good option …
