BSE Sensex and NSE Nifty 50 were trading weak on Thursday, a day of weekly F&O expiry. Index heavyweights such as Infosys, Reliance Industries (RIL), Tata Consultancy Services (TCS), HDFC Bank, and Dr Reddy’s Laboratories contributed the most to the indices’ fall. So far in the day, BSE Sensex rose to 60,287 as day’s high, …
By Milan Vaishnav The financial markets across the globe have witnessed severe turmoil over the past two months following the outbreak of the Coronavirus pandemic. The month of March saw one of the worst monthly declines in the history of the capital markets; on the other hand, the month of April saw a significantly sharp technical …
It was a day dominated by bears on Dalal Street as headline indices tanked for the second day running. S&P BSE Sensex dived 872 points or 1.46% to settle at 58,773 while the NSE Nifty 50 index tanked 267 points or 1.51% to end at 17,490. Among Sensex constituents, ITC gained 0.58% to end as …
Jabalpur East MP Assembly Election 2023 Details: The election for Jabalpur East Assembly Constituency in Madhya Pradesh will be held on November 17 this year. The final date of voting and result were known after the formal announcement by the Election Commission of India. Here are the important details of the Jabalpur East Constituency Assembly …
Capital markets regulator Sebi has allowed India registered Alternative Investment Funds (AIFs) and Venture Capital Funds (VCFs) to invest in foreign entities without having an India connection. Earlier, one of the conditions was that such overseas investments were allowed only in those companies which had an Indian connection. Like, a company has a front office …
Indian share market may open higher on Thursday. Ahead of the monthly futures & options (F&O) expiry session, SGX Nifty was up with gains, suggesting a flat to positive start for frontline indices BSE Sensex and NSE Nifty 50. In the previous session, domestic equities witnessed a volatile trading session but managed to end the …
By Ashley Coutinho The Securities and Exchange Board of India (Sebi) has expressed its displeasure over inordinate delays in scheme launches of alternative investment funds (AIFs). The first close is typically declared when the fund wants to go live with its first set of investors after collecting a good initial corpus. “The AIF industry is …
Indian share market bounced back over 45 per cent from March lows amid many ups and downs. Analysts maintain their cautious view on the market in the short-term. Vinod Nair, Head of Research at Geojit Financial Services, believes that if investors wish to earn decent returns in this volatile market then sectors such as Pharma, …
Fearing volatility in stock markets, API Holdings, the parent company of healthtech unicorn PharmEasy, has withdrawn its draft red herring prospectus (DRHP) that it had filed with the Securities and Exchange Board of India (Sebi), the company informed its shareholders in a note. The pre-IPO draft papers, which were filed late last year, are being …
Indian Railways has launched a high-level probe into the fire incident concerning the Patalkot Express, which occurred in the Agra district of Uttar Pradesh on Wednesday afternoon. In total, nine passengers sustained injuries. The fire took place near Bhandai station of North Central Railway’s Agra Division. The station is about 10 km from Agra station …