Stock Market Updates - Angel One - Page 943

The trading week began on a turbulent note as the Nifty Metal Index plunged nearly 8% by 12:44 PM on Monday, April 7, 2025. During the session, the index touched a fresh 52-week low of 7,690.20, surpassing its earlier low of 7,935.35 recorded on January 13, 2025. This marks the sharpest single-day fall in the metal …

The Production Linked Incentive (PLI) Scheme for the Automobile and Auto Component Industry—commonly known as the PLI-Auto Scheme—was introduced by the Indian government to encourage domestic manufacturing, innovation, and self-reliance in the automotive sector. With a significant outlay of ₹25,938 crore, this scheme is aimed at enhancing India’s competitiveness in the global automotive landscape, especially …

In the age of artificial intelligence and deepfake technology, ensuring a safe, trusted, and accountable digital space is a pressing concern for nations worldwide. India, with its vast digital footprint, has recognised the risks posed by the misuse of technology and is actively implementing legal and institutional frameworks to counter cyber threats and misinformation. The …

A UPI credit card is an innovation in digital payments that allows users to link their credit cards to a Unified Payments Interface (UPI) application. Traditionally, UPI was used to transfer funds directly from one bank account to another, but this new functionality allows transactions to be charged to a user’s credit card instead of …

In just six weeks after its relaunch, India’s leading streaming service JioHotstar crossed an impressive milestone—100 million subscribers. This remarkable feat has captured the attention of the global streaming industry. As per Variety reports, the platform’s swift rise can be attributed to a smart blend of accessibility, value pricing, and a focus on viewer loyalty. …

In a significant shift, the Securities and Exchange Board of India (SEBI) has amended its regulations to allow registered investment advisers (RIAs) to advertise their past performance. However, there is a catch—this performance must be verified through a newly introduced mechanism known as the Past Risk and Return Verification Agency (PaRRVA). What Has Changed? Until …

The 18th season of the Indian Premier League (IPL) has officially begun, drawing attention from cricket fans across the country. With matches now streaming exclusively on the new OTT platform JioHotstar, Jio has rolled out dedicated prepaid plans to ensure seamless access for its users. What began as a limited-time offer has now been extended …

In line with the sharp sell-off across Indian equities, the Nifty Financial Services Index (FINNIFTY) witnessed a significant decline on April 7, 2025. As of 12:19 PM, the index was down approximately 4.66%, trading at 23,620.90. The fall mirrors broader concerns in the market triggered by global trade tensions and aggressive tariff policies from the …

The NIFTY Smallcap 100 index witnessed a steep selloff on April 7, 2025, tumbling 5.73% to 14,898.55 as of 12:41 PM. This sharp decline mirrors the broader market fall triggered by global uncertainties and recession fears. Today’s slump has dragged the index below its 52-week low, signalling intense bearish sentiment across small-cap counters. With global …

On Monday, April 7, 2025, the Indian benchmark index BSE Sensex plunged over 5% in the morning trade following a global rout pushed by reciprocal tariffs announced by the US and China’s retaliatory measures. Additionally, concerns over a potential recession in the US, the world’s largest economy, dampened investor sentiment globally. Investor wealth, amounting to ₹16.19 lakh …