Saatvik Solar, one of the biggest solar manufacturers in India has signed an agreement with G2H Solar to supply 200 MW of high-efficiency solar photovoltaic (PV) modules for renewable energy projects across India. The delivery of these advanced modules, featuring Mono PERC bifacial half-cut technology with power ratings of 540Wp and 550Wp, is set to …
On November 11, 2024, the benchmark equity indices ended almost flat. Nifty 50 was down 0.03% and settled at 24,141.30 while Sensex was up 0.01% to 79,496.15. Nifty Bank was up 0.61% to 51,876.75. The volatility indicator Nifty VIX was down 1.38% to 14.27, reflecting a rise in volatility. Sectoral Performance Nifty Healthcare and Nifty …
Foreign Direct Investment (FDI) is crucial for India’s economic growth, bringing in capital, boosting job creation, and supporting the nation’s industries. However, recent data indicates that FDI flows into India have slowed significantly, raising concerns about the country’s ability to attract and sustain foreign investments. In this blog, we’ll break down what’s happening with FDI …
The capital market regulator, the Securities and Exchange Board of India (SEBI) has proposed to broaden the scope of Unpublished Price Sensitive Information (UPSI) to improve transparency in market disclosures. Through the proposal, SEBI aims to include a range of new events under the UPSI definition, such as proposed fundraising activities, restructuring plans, and one-time …
On Monday, November 11, 2024, the benchmark indices, Sensex and Nifty 50 are expected to open lower followed by weakness in Asian markets. However, at 07:55 AM, Gift Nifty was trading up by 0.03% at 24,125. Previous Trading Session On November 8, 2024, the Sensex dropped 55.47 points, or 0.07%, to close at 79,486.32, while …
On Friday, the National Stock Exchange (NSE) announced a trading holiday on November 20, 2024, in observance of the Maharashtra Assembly elections. According to an NSE circular, trading will be closed during regular market hours, from 9:00 a.m. to 5:00 p.m. However, the evening trading session will remain open from 5:00 p.m. to 11:55 p.m. …
With an influx of low-cost steel imports from China impacting the viability of local businesses, the Indian government has announced plans to extend its steel standards under the Bureau of Indian Standards (BIS) framework. This move, combined with expanded steel classifications, is intended to tighten controls on imported steel and ensure a level playing field …
On November 08, 2024, the benchmark equity indices ended in red. Nifty 50 was down 0.21% and settled at 24,148.20 while Sensex was down 0.07% to 79,486.32. Nifty Bank was down 0.68% to 51,561.20. The volatility indicator Nifty VIX was down 2.45% to 14.57, reflecting a rise in volatility. Sectoral Performance Nifty Realty and Nifty …
Understanding the US Fed Rate Cut’s Impact on India The Federal Reserve recently trimmed its benchmark interest rate by 25 basis points, lowering it to 4.50%-4.75%, in a strategic move to stimulate the economy as inflation cools. Following 2 years of aggressive rate hikes, inflation has moderated from a peak of 9.1% in June 2022 …
On November 8, 2024, the benchmark indices Nifty 50 and BSE Sensex were trading in the red in the afternoon, extending losses for the second trading session in a row. The fall came despite positive global cues — mainly the US Fed slashing interest rates for the 2nd consecutive time. At 01:00 PM, Nifty 50 …
