Investor wealth has shot up by Rs 3.35 lakh crore (trillion) over a two-day rally of the markets, reports say. The benchmark index, BSE Sensex gained over 476 points, an increase of 0.82 per cent on Wednesday, to close at an unprecedented peak of a little over 58,723 points. Earlier, on Tuesday, the Sensex had …
Cause of Rallying From March 2020 Lows Why was there a rally from the lows of March 2020? Experts say that the rally took place because of global central bankers releasing stimulus packages having low-interest rates. Moreover, valuations took place in such a manner that caused many to believe in an untrue version of companies. …
Markets Trading in Red Towards the end of the day on Friday, markets somehow recovered after trading in red. Nifty Bank closed at Rs. 38,370.40, which is lower by around 100 points of 0.26%. At the same time, Nifty Midcap also settled with marginal losses. As per experts, high listing stocks may witness marginal weakness. …
The very term zero-risk F&O strategy might look quite incongruous to you. After all, you always thought that futures and options were high risk products. So, how can there ever be a zero-risk F&O strategy. That is what F&O is all about where you can actually define the maximum loss and create zero risk positions …
Nifty PSU Bank The Nifty PSU Bank index has surged at a velocity akin to that of light itself. In the current year, it has soared by an astounding 23.48%, with stocks from PSU Banks emerging as undeniable outperformers. Amidst this whirlwind, one stock stands out with a significant 9.18% weightage in the index – …
Resignation of Vijay Shekhar Sharma In a significant development, Vijay Shekhar Sharma, the founder and CEO of Paytm, has resigned from his role as part-time non-executive chairman and board member of Paytm Payments Bank Limited (PPBL). This move marks a pivotal moment in the leadership landscape of PPBL. Reconstitution of PPBL Board Following Sharma’s resignation, …
During Monday’s deals, the shares of Easy Trip Planners Limited zoomed 1.05%. The company’s current market capitalisation is Rs 8,555.41 crore. Recent development The company has announced the opening of its first physical store in Jalgaon, Maharashtra. This marks the 12th franchise store under the company’s banner, highlighting its commitment to integrating online convenience with …
Investing in stocks has the potential to turn investors into millionaires or even billionaires, as numerous success stories attest. Recently, I came across a stock that transformed an investment of Rs 1 lakh into Rs 1 crore in the past decade. Equity is widely regarded as riskier than other asset classes, such as gold. However, …
SpiceJet, the low-cost carrier, has recently reached a settlement with aircraft lessor Celestial Aviation, marking a significant step in resolving its financial challenges. Additionally, the airline has secured additional funding, further bolstering its position in the market. Let’s delve into the details of these developments and their implications for SpiceJet. Settlement with Celestial Aviation SpiceJet …
Today the NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 closed at 22,122, registering a significant decline of 90.65 points or a 0.41% increase compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 72,790, reflecting a decline of around 352.67 points. Among all the stocks listed …
