Bond yields in India across categories are on the rise, making it an ideal time to foray into debt investment, according to market experts. Yields have spiked by 30-45 bps across various types of fixed-income assets over the past few months as India’s central bank hiked its repo rate, leading India’s 10-year government security yield […]
By Subash Gangadharan Over the last few weeks, the Nifty has been in correction mode. The downtrend was confirmed when the support of 17613 was broken. On the daily chart, we see that Nifty remains in a downtrend despite the bounces seen recently. The index continues to make lower tops and lower bottoms for the […]
Indian benchmark equity indices NSE Nifty and BSE Sensex closed in the green as RBI MPC announced 25 bps repo rate hike. Nifty 50 advanced 150 points or 0.85% to 17,871.7 while Sensex closed 377.75 points higher at 60,663. The broader markets and sectoral indices all closed in the green as volatility gauge, India VIX, […]
Warren Buffett talked about his long-time friend and business partner Charlie Munger in his annual letter to the investors that was published along with Berkshire Hathaway’s annual report. Warren Buffett listed a few of Munger’s thoughts and gave a piece of advice to investors, “Find a very smart high-grade partner preferably slightly older than you […]
House of Glenfiddich – Art, Travel and Beyond, a lifestyle brand, has unveiled its campaign ‘Where Next?’. As per the company, the campaign focuses on celebrating individuals who have forged their own paths by challenging the status quo. Additionally, the series celebrates the individuals who embraced the unknown and carved their journey against the odds. […]
By Himadri Chaterjee US stock markets function as a barometer for the global investment community. They trade at close to $35 trillion market-cap (more than the sum of the next 4 and about 10x of India), account for 58 of the Top-100 companies by market-cap, and also house 5 stocks with more than $1 Tn […]
By Rahul Shah Equity benchmark Indices logged their fourth consecutive week of losses last week, as a worsening Ukraine crisis sent oil prices surging and stoked inflation fears. The blue-chip Nifty 50 fell 2.5% or 413 points to settle at 16,245 while Sensex slumped over 1,525 points to 54,333, in their third consecutive session of […]
The rupee pared initial gains and settled 9 paise lower at 82.71 (provisional) against the US dollar on Friday, tracking a rebound in the greenback overseas and a muted trend in domestic equities. Forex traders said risk aversion in international markets and sustained foreign fund outflows weighed on investor sentiments, even as weak crude oil […]
Foreign institutional investors (FII) bought shares worth a net Rs 1785.21 crore while domestic institutional investors (DII) purchased shares worth a net Rs 529.47 crore on Wednesday, February 1, 2023, according to the data available on NSE. In the month of January, FIIs sold shares worth a net of Rs 41,464.73 crore while DIIs purchased […]
ICICI Bank on Thursday said tax authorities have slapped a demand notice of Rs 26.8 crore on it for alleged short payment of GST. Goods and Services Tax (GST) demand of Rs 24.37 crore with a penalty of Rs 2.43 crore was served on December 27, ICICI Bank said in a regulatory filing. Kotak Mahindra […]