After two extensions to the COVID 19 lockdown in India, the Union Finance Minister Nirmala Sitharaman announced a special economic package of 20 lakh crores in a statement made on the 14th of May. It was the second in a line of measures by the Union Government and the Reserve Bank of India to stimulate the …
Remisier vs Sub-broker: Who Strikes a Better Deal? India’s stock market involves many critical players, each with specific roles. Two such vital players are remisier and sub-brokers. Often these terms are used interchangeably, but there are subtle technical differences in how they operate. It will be useful to know how to differentiate one from the …
The popularity of equity investment is steadily growing in India. In the past few years, India’s equity market had outperformed many other asset classes and offered exciting profit opportunities to attract more investors to it. But the Indian stock market is vast, with many players working in a closed ecosystem. It can be challenging to …
Candlestick charts are widely used by analysts and traders to understand market movements, both short-term and long-term. Different types of candlestick graphs are popular today, but it was initially developed in Japan during the 17th century. Japanese rice traders started using technical analysis to understand price movement in rice trading business. The credit for developing the …
The much-awaited stimulus package to revive economy amid COVID-19 conditions was announced by PM of India, Mr. Narendra Modi on 12th May. The Rs 20 lakh crore package is significantly higher than street expectations which has caused the market to cheer for it. After experiencing slump for several months, Dalal street predicts big rally on stocks …
Experts believe that COVID-19 is going to bring some permanent changes in economics that will impact several sectors, including automobile. The Indian automobile sector, already struggling under suspension of work and weak demand, needs to adjust in more than one frontier to cope with the changes. Indian automobile sector was struggling with increasing overhead, economic …
The Indian telecom players urged TRAI for an early decision on tariff flooring price, citing it is critical for reviving the telecom industry which is struggling with rising liability and shrinking profit. Now, there is no such ceiling placed, and service providers are free to decide prices for their services, prompts price war. Members of …
Kotak Mahindra Bank Ltd. On Tuesday launched QIP (Qualified Institutional Placement) shares in a bid to raise Rs 7,000 crore from the market. It will help the bank to meet regulatory compliance and improve its balance sheet. Kotak Bank is one of the top-performing shares in the stock exchange, and after the announcement, its value jumped by …
Agri Futures Index, launched by NCDEX, generated a volume of Rs 21 crore on the first day of its launch. With a base value fixed at Rs 1000, NCDEX released AGRIDEX contracts with expiration date in June, July, September and December. A brief history of NCDEX The National Commodity & Derivatives Exchange (NCDEX), established in 2003, …
It seems like companies are leaving no stones unturned that might help them avoid the rising financial crisis from COVID-19 pandemic. On Tuesday, Bharti Telecom, the promoter company of Bharti Airtel, announced a block deal of share worth Rs 7,600 crore to improve its balance sheet. Although the deal happened on Tuesday, Airtel is yet …
