By Dhawal Dalal The Monetary Policy Committee (MPC) has left unchanged the key policy rate — Repo rate at 4% and the Reverse Repo Rate at 3.35% in today’s meeting. However, the central bank introduced the Standing Deposit Facility (SDF) — an additional tool for absorbing liquidity — at an interest rate of 3.75% and […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to two stocks/securities on Thursday, December 29, 2022. Balrampur Chini Mills and Indiabulls Housing Finance are the stocks/securities placed on the National Stock Exchange’s futures and options (F&O) ban for trade on Thursday. According to the NSE, the stocks mentioned […]
Apple has taken a step forward in the financial services industry by partnering with Goldman Sachs Group to introduce a new high-yield savings account. The savings account will be available for Apple Card users in the USA who can earn an annual yield of 4.15%, which is more than 10 times the national average. This […]
Domestic indices extended losses on weekly F&O expiry. The NSE Nifty 50 fell 96.95 pts or 0.57% to 16,875.20, BSE Sensex plunged 301.86 pts or 0.52% to 57,254.04 and Bank Nifty tanked 340.50 pts to 38,711.00. The top gainers on Nifty 50 were BPCL (up 3.09%), Titan (up 1.82%), Nestle India (up 1.63%), Britannia (up […]
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