In Monday’s trading session, the National Stock Exchange’s flagship index Nifty50 fell by more than 280 points whereas Bombay Stock Exchange’s Sensex went down by almost 950 points, giving chills down the spine of investors and traders. Both the indices marked a fall by 1.65% each. The charts made one side momentum on the downward …
The Reserve Bank of India’s decision to hold key rates steady has sent a strong message that it is concerned about the impact of rising interest rates before the recovery of the economy can happen. The RBI may be reaching the end of its tolerance for inflation and will most likely raise interest rates in …
Headwinds from the outside continue to pose a threat. Global commodity prices are still high (although oil prices have dropped slightly), and the US Federal Reserve has begun to reduce its asset purchases. Despite a favourable base and petroleum tax decrease, retail inflation surged to a three-month high of 4.91 percent in November, as core …
India’s economy is estimated to grow by 9.5 per cent this year, as per the new World Economic Outlook (WEO) report by the International Monetary Fund (IMF). Also, the IMF data projects that in 2022, the country’s economy is likely to grow at 8.5 per cent. The IMF projection for 2021 has stayed the same as …
International brokerage firm UBS has stated on Wednesday that India’s market has become unattractive as equity valuations have turned quite expensive. India’s stock valuations are expensive right now as compared to other ASEAN nations. Notably, UBS has an ‘underweight’ stance for India while it has double upgraded China’s ratings to ‘overweight’. Let’s take a closer …
An Overview Foreign portfolio investors (FPIs) have been net sellers in the Indian market this month, withdrawing Rs 3,825 crore. FPIs had Rs 13,363 crore in September and Rs 14,376.2 crore in August, indicating massive buying in the debt market over the last two months. FPIs have withdrawn Rs 1,494 crore so far in October, …
Indian financial markets have evolved notably over the past three decades. From the ring based Trading, T+14 (with Delivery of shares taking 14 days after trade) settlement and only physical shares, today we have screen based Trading, With T+2 settlement and almost all De-mat shares. Along with this came new financial products as well and …
If we put things in a simple manner it always helps us understand things better. Similarly, leverage is simple if we apply common sense. Like, take an example if someone wants to invest in a real estate. Like if someone identifies a real estate scheme at an early stage and invests in that leverage could work …
CyberX9 has reported that a vulnerability at CDSL’s KYC registering wing has exposed the personal and financial data of 4.39 crores Indian investors twice in 10 days. The cyber security consultancy startup had reported the data breach to CDSL on 19 October, but the SEBI-registered depository took around a week to fix it. According to …
An Overview The Reserve Bank of India announced on Friday that India’s forex reserves climbed by USD 1.919 billion to USD 641 billion for the week ended October 29 due to robust growth in currency assets and gold value. At the end of the preceding reporting week, total reserves had dropped by USD 908 million …
