Stock Market Overview Current Market Status: On this trading day, India’s benchmark indices showed modest gains. The Sensex closed at 83,079.66 points, reflecting an increase of 90.88 points or 0.11 percent. Similarly, the Nifty 50 index ended at 25,418.55 points, gaining 34.80 points or 0.14 percent. Out of the listed companies, a total of 1,713 ...
Kotak Group’s Ambitious Move into Private Credit Kotak Group, renowned for its financial services and led by the prominent billionaire Uday Kotak, is set to make significant strides in the private credit market. The group plans to launch its inaugural private credit fund this year, aiming to raise approximately Rs 1,000 crore. As a key ...
Market Update: Key Movers and Investment Insights As the Federal Reserve’s policy approach looms, the stock market has shown resilience, maintaining high trading levels. The Nifty index successfully held above the significant mark of 25,400, showcasing the market’s strength. Key contributors to this positive sentiment include prominent companies like Bharti Airtel, L&T, NTPC, and Mahindra ...
Deadline Extension for DDA Flat Payments in Dwarka Sector 19B Good news has emerged for homebuyers who have purchased flats from the Delhi Development Authority (DDA). The DDA has officially extended the deadline for the payment of the last installment for over 1,800 premium flats located in Dwarka Sector 19B. Initially set for August 31, ...
Easy Trip Planners Expands Into Medical Tourism Current Stock Performance: Easy Trip Planners, the parent company of the renowned online travel service provider EaseMyTrip, is making significant strides by venturing into the medical tourism industry. Recently, the company’s board approved a proposal to invest in two healthcare entities: a 30% stake in Rolnid International for ...
Understanding Federal Bank’s Revised Fixed Deposit Interest Rates Federal Bank has recently made significant changes to its fixed deposit (FD) interest rates, benefiting millions of customers. Effective from September 16, 2024, the updated interest rates apply to fixed deposits of amounts less than Rs 3 crore. This move is designed to enhance returns for investors, ...
Union Minister Nitin Gadkari Calls Out Corruption in Government Union Minister Nitin Gadkari has recently made headlines with his candid remarks regarding corruption within Indian government services. Speaking at the College of Engineering Pune Technological University (COEPTU) during an Engineers Day event, Gadkari emphasized the urgent need for transparency and swift decision-making in government operations. ...
In a significant political shift, Atishi has been appointed as the new Chief Minister of Delhi, following the unanimous approval from Arvind Kejriwal and the entire legislative party of the Aam Aadmi Party (AAP). This moment marks a remarkable journey for Atishi, who has risen through the ranks of the party to handle the responsibilities ...
As the financial world eagerly anticipates the Federal Reserve’s upcoming decision, gold prices are experiencing a slight downturn in the international market. Following a record high of $2,617.35 yesterday, gold on the COMEX has fallen below the $2,605 mark. In the spot market, prices have dipped below $2,580, marking a $12 decline from its recent ...
Accident Averted during Vande Bharat Express Flag Off in Etawah In a potentially tragic incident in Etawah, Uttar Pradesh, a major accident was narrowly avoided when BJP woman MLA Sarita Bhadoria fell onto the railway tracks during the flag-off ceremony of the Agra-Banaras Vande Bharat Express train. The incident, which took place in the presence ...
Atishi Set to Lead as Chief Minister of Delhi In a landmark decision, Senior Aam Aadmi Party (AAP) leader Atishi has been chosen as the new Chief Minister of Delhi. The announcement came after the party’s previous Chief Minister, Arvind Kejriwal, expressed his resignation from the role, stating that he would return to the position ...
Introduction The Securities and Exchange Board of India (SEBI) has recently unveiled a brand-new fee collection platform tailored for registered Investment Advisors (IAs) and Research Analysts (RAs). This initiative aims to facilitate a secure and streamlined channel for IAs and RAs to collect fees from their clients. While the platform officially became operational on October ...
Wholesale Inflation Sees Notable Decline in August Recent data has provided some welcome relief regarding wholesale inflation rates in the country. As of August, wholesale inflation has dropped to 1.31%, marking the lowest level in the past four months. This rate is a decrease from 2.04% recorded in July. The data was released officially on ...
Rekha Jhunjhunwala Portfolio Update: In a remarkable turn of events, shares of Geojit Financial Services saw a significant uptick of nearly 5 percent in early trading today, primarily driven by the anticipation surrounding its upcoming rights issue. However, as the day progressed, profit booking set in, leading to a decline of more than 7 percent ...
100 Days of Modi 3.0: A Milestone for the NDA Government On September 17, 2024, Union Home Minister Amit Shah commended the “political stability” achieved in India under the leadership of Prime Minister Narendra Modi during the NDA government’s third term. In a ceremony that marked the completion of 100 days in office, Shah highlighted ...
As the market enters a phase of consolidation ahead of the Federal Reserve’s upcoming meeting on interest rates, investors are closely monitoring key indices. The Nifty index maintains a robust position above the 24,000 mark, while the Sensex trades prominently above 83,100. Major stocks like ICICI Bank, Bharti Airtel, L&T, and Reliance are providing support ...
Understanding Azolla: The Aquatic Marvel for Farmers Azolla is a remarkable aquatic plant that has garnered attention for its significant benefits to agriculture, particularly paddy cultivation. This fast-growing fern thrives in shallow waters such as ponds, pools, and wetlands, resembling grass and algae alike. Farmers have discovered that Azolla not only reduces the need for ...
Insights from HDFC’s Equity Fund Manager on the Financial Sector In a recent interview with Moneycontrol, Srinivasan Ramamurthy, the Fund Manager (Equity) at HDFC Asset Management Company, discussed current trends in the stock market, particularly within the financial sector. His insights reveal a detailed understanding of market dynamics and investment opportunities amidst rising valuations. Current ...
Trafiksol ITS Technologies IPO Listing Postponed Overview: Trafiksol ITS Technologies Limited was scheduled to have its shares listed on the Bombay Stock Exchange (BSE) on September 17, 2024. However, the listing has been unexpectedly postponed due to unresolved issues related to the company. The BSE communicated this development via a post on X (formerly Twitter), ...
The financial markets are currently experiencing a phase of consolidation as investors await the outcome of the upcoming Federal Reserve meeting on interest rates. Major indices such as Nifty and Bank Nifty are trading in a sideways manner, reflecting cautious sentiment among traders. Notably, key stocks like ICICI Bank, Bharti Airtel, L&T, and Reliance have ...
