Stock Market Today, Nifty, Bank Nifty: Domestic share market indices will likely trade higher on the last trading session of this week, global market trends suggest. The Nifty futures on Singapore Exchange (SGX) were trading 53.50 pts or 0.30% higher at 17,644.50 in the early morning trades. Asian markets were trading mixed with China’s Shanghai […]
Global stocks held steady on Tuesday, while the dollar eased modestly ahead of US inflation data that could persuade the Federal Reserve and other central banks to step back from aggressive interest rate hikes. Headline consumer price pressures for November in the world’s largest economy are expected to have fallen for a fifth successive month, […]
Aditya Birla Capital (ABCL), the holding company of the financial services business of Aditya Birla Group, will exit its insurance broking business by selling Aditya Birla Insurance Brokers (ABIBL) to Samara Capital for an upfront payment of Rs 455 crore. Further, under the share purchase agreement (SPA), the company and Infocyber (the other shareholder) may […]
Domestic indices after opening in green slipped into negative territory ahead of the Economic Survey. The BSE Sensex fell 347.47 points or 0.58% to 59,152.94 and the Nifty 50 dropped 96.85 pts or 0.55% to 17,552.10. The top gainers of Sensex were Power Grid (up 1.75%), Mahindra & Mahindra (up 1.08%), State Bank of India […]
By Shivangi Sarda Nifty index opened positive on Wednesday but failed to hold above 17130 zones and cascaded down throughout the session. Weakness got a tailwind in the second half of the session after the RBI Statement and the index breached its crucial support zones to touch the intraday low of 16623 levels. It formed […]
Sebi on Friday came up with guidelines related to performance reporting and benchmarking by portfolio managers. Managers have to adopt equity, debt, hybrid and multi-asset strategies. A portfolio manager may tag more than one investment approach (IA) to a strategy, but each IA must be tagged to only one strategy. Industry body Association of Portfolio […]
India saw a record number of new investors after the share market rallied followed by COVID-19 pandemic fall. The total number of demat accounts more than doubled in nearly 20 months by November 2021 from March 2020, when the pandemic hit. This year, the stock market fell from all-time highs, and began consolidating. In an […]
U.S. stocks were set to open lower on Wednesday as Treasury yields rose on growing expectations that the Federal Reserve could keep interest rates higher for longer, while mixed earnings from regional banks and weakness in Tesla further dented sentiment. Tesla Inc dropped 2.9% in premarket trading after the electric-vehicle maker cut prices on some […]
Indian benchmark indices are likely to open on a muted note on Monday, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were trading lower at 17813. In the previous session, BSE Sensex rallied 910 pts or 1.52% to 60,842, while NSE Nifty 50 jumped 1.4% to 17,854. “Banking stocks will react on Monday to […]
The real estate business has always been viewed as conservative and resistant to change, but technological advancements profoundly transform its environment. Proptech – the merger of property and technology – is a developing sector that is changing how we purchase, sell, rent, and manage properties worldwide. At its core, it uses technological advances to streamline […]