The Indian stock market staged a smart recovery from lower levels and ended the first trading session of the week on a positive note. The NSE Nifty50 index advanced 0.16%, while the Sensex gained 0.17%. Nifty Auto Index: A Strong Comeback Among the top-performing sectors on Monday was the Nifty Auto index. On Monday, the …
Shares of holding company stocks, including Bombay Burmah, Bajaj Holdings, and Pilani Investments, saw gains of up to 20% today. This surge follows the announcement by SEBI of a new framework for special call auctions aimed at better price discovery for such companies. SEBI’s New Framework SEBI’s circular noted that many holding companies are infrequently …
Foreign Institutional Investors have re-entered their buying mode in the Indian Stock Market and are back to buying mode, making a positive shift in investor sentiment following the national elections that ended earlier this month. Over the past 3 days, FIIs have made significant purchases in Indian equities, signaling a renewed confidence in the country’s …
Nifty’s Surprising Start to the Trading Week The trading week began with an unexpected twist as the market opened below last week’s low of 23,398. Initially, it appeared that the market might decline further. However, the bulls, mindful of the primary uptrend, took control and pushed prices higher, effectively erasing the morning’s losses. Although there …
Foreign investors have funneled $10 billion into Indian government bonds since JPMorgan Chase & Co. announced the inclusion of these securities in its widely followed bond index. This significant inflow of foreign capital exhibits the growing confidence in India’s financial markets and the potential for stable returns. JPMorgan’s Game-Changing Announcement On September 21, 2023, JPMorgan …
The Nifty Bank, an index comprising India’s top 12 banking stocks, experienced a significant rally on Wednesday, climbing over 1,000 points to reach a new record high. This surge was primarily driven by heavyweight private sector lender HDFC Bank. The index hit an intraday peak of 51,957, surpassing its previous record of 51,133 set on …
The Goods and Services Tax(GST) Council is preparing to deliberate on potential tax relief measures for road and highway developers. The discussion is scheduled for June 22 and may lead to a clarification regarding the hybrid annuity model. It is expected that the council will propose changes to the current invoice rules, and the applicability …
Market Roller Coaster in 2024: A Journey Through Volatility The year 2024 has been a roller coaster ride for the markets. From flaming geopolitical issues and the general election in India to uncertainty related to rate cuts in the US, various factors have caused market volatility. Despite these challenges, the market has climbed the “wall …
One of the most favored sectors ahead of the general election outcome was the Nifty PSU Bank. In 2022, the Nifty PSU Bank surged by about 71%, followed by a 32.3% increase in 2023. As of 2024, it is up by a staggering 30%. The index marked a fresh all-time high and crossed the milestone …
The RBI and SEBI have collaborated to mitigate the risks associated with the surging retail participation in the equity futures and options (F&O) market. This joint effort aims to address concerns about the financial well-being of individual investors, many of whom have incurred significant losses. Surge in Retail Participation Recent data from SEBI reveals a …
