Europe is mulling a shift to a shorter T+1 settlement trade cycle for its markets from the current T+2, according to people in the know. ‘T’ stands for trade day. The Association for Financial Markets in Europe (AFME) — an industry advocacy organisation that represents wholesale market participants in Europe, including the European Union and […]
By Rahul Shah Markets back in the grips of long-awaited bulls, Equity benchmark index posted its best weekly advance since April as decline in commodity prices eased some concerns of higher inflation and tighter monetary policy measures. Sensex gained 3% or 1574 points to close at 54482 while Nifty surged by 469 points to close […]
Asian stocks rose, the dollar eased and gold hovered around its record highs on Friday, as jittery investors remained nervous about the U.S. banking sector following another rout in shares of regional lenders. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.44% higher and was on course to snap its two-week losing streak. Japan […]
Mamaearth, a Gurugram-based startup which manufactures and sells personal care products, has filed a draft red herring prospectus (DRHP) with markets regulator Sebi to raise funds through an initial public offering (IPO). The direct-to-consumer (D2C) startup’s IPO will comprise fresh issue of equity shares aggregating up to Rs 400 crore and an offer for sale […]
By Sameet Chavan The weakness in the global market led to a mild start in Indian equities, wherein the benchmark index opened tepid on the weekly expiry session on Thursday. Soon after, the bulls grabbed the opportunity and made a modest recovery in the index, but the correction got triggered again at the higher levels. […]
The value of promoter-pledged holding as a percentage of the promoter holding declined to 1.3% in the March quarter from 1.6% in the previous quarter, an analysis by Kotak Institutional Equities shows.Promoters of 90 companies have pledged part of their holdings in the March quarter. Thyrocare Technologies, Max Financial Services and Suzlon Energy had more […]
By Ravi Kumar Gupta A recent parliamentary debate put minister of women and child development Smriti Irani’s stance against paid menstrual leave under the spotlight. Irani asserted that menstruation isn’t a handicap, but a natural process. Although this statement has faced some backlash from the public and opposition for being regressive, some important aspects of […]
– By Avikshit Moral and Mahek Chheda In recent years, India has witnessed a monumental surge in its warehousing industry, signalling a pivotal shift in the country’s economic landscape. The robust growth of e-commerce (expected to reach $350 billion by 2030), advancements in technology, government initiatives and evolving consumer preferences have collectively spurred a transformation […]
The best way to beat stock market volatility is to invest systematically through SIP in the market, V Srivatsa, Executive VP & Fund Manager – Equity, UTI AMC, said. In an interview with Surbhi Jain of FinancialExpress.com, Srivatsa said whenever the markets have traded below long-term averages on account of either liquidity issues, investors should […]
World stocks were steady on the last trading day of the year as markets digested US data and the dismantling of China’s zero-COVID policy, but the global index was heading for a 20% drop over a year marred by high inflation and war in Europe. The dollar, a beneficiary of rising US interest rates, was […]