By Jyotivardhan Jaipuria NBFC-MFI stocks have witnessed a meaningful run over the last 15-18 months — on the back of strong revival in growth and marked improvement in asset quality post the sharp deterioration witnessed in Covid. Removal of 10% cap on NIMs for NBFC-MFIs has further aided NIM and return ratios. The obvious question […]
Month: February 2024
J P Morgan to add G-Secs to its emerging markets index from next yearJ P Morgan to add G-Secs to its emerging markets index from next year
Global financial firm J P Morgan has said that it plans to include Indian government bonds (IGBs) or government securities (G-Secs) into its benchmark Emerging Market index from next year, a move that will bring down borrowing cost for the government. The inclusion of the IGBs will be staggered over a 10-month period from June […]
Nifty closes in red at 19310, Sensex sheds 202 points as monsoon deficiency weigh on indices; IT, Pharma tank, media soarsNifty closes in red at 19310, Sensex sheds 202 points as monsoon deficiency weigh on indices; IT, Pharma tank, media soars
Benchmark Indices Nifty 50 and Sensex ended Friday’s trading session in the red. The markets did see slight recovery towards the last hour of trade after opening lower on weak global cues and ended with marginal losses. The Nifty 50 ended down 55.10 points or 0.28% to settle at 19, 310.15 and the BSE Sensex […]
Strengthening Disclosure Requirements: Enhancing Transparency in Financial MarketsStrengthening Disclosure Requirements: Enhancing Transparency in Financial Markets
By Arun Poddar Transparency is a fundamental element for the ease of operations of financial markets as it empowers investors to make well-informed choices. However, recent complexities in the financial landscape have highlighted the necessity for more robust disclosure requirements to ensure heightened transparency. To address this, the Securities and Exchange Board of India (SEBI) […]
Rupee declines by 8 paise on rebound in crude oil, greenbackRupee declines by 8 paise on rebound in crude oil, greenback
The rupee declined by 8 paise to settle at 82.71 (provisional) against the US currency on Tuesday due to a rebound in crude oil prices and greenback in the global markets. Foreign fund outflows from the equity markets also weighed on the rupee sentiment, forex dealers said. Volatile equity markets and recovery in crude oil […]
Closing Bell: Nifty closes above 19300, Sensex under 65k; Reliance Industries, JFS end lower following AGMClosing Bell: Nifty closes above 19300, Sensex under 65k; Reliance Industries, JFS end lower following AGM
Market Closing Bell: Domestic equity indices NSE Nifty 50 and BSE Sensex closed in the green on Monday, as traders celebrated the US Federal Reserve Chairman’s less hawkish stance and new measures by the Chinese authorities to support the markets. Nifty 50 closed at 19,306.05, while Sensex closed the trading session at 64,996.60, giving up […]
Fincare Small Finance Bank, Western Carriers get Sebi’s go ahead for IPOsFincare Small Finance Bank, Western Carriers get Sebi’s go ahead for IPOs
Fincare Small Finance Bank Ltd and logistics company Western Carriers (India) Ltd have received capital markets regulator Sebi’s approval to raise funds through Initial Public Offerings (IPOs). The two firms, which filed preliminary IPO papers with the Securities and Exchange Board of India (Sebi) between May and June, obtained the regulator’s observation letters during September […]
Nifty to extend gains or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opensNifty to extend gains or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opens
GIFT Nifty traded flat at 19,607.5, up marginally 0.01%, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. On Thursday, the NSE Nifty 50 gained 0.56% to settle at 19,545.75, while the BSE Sensex added as much as 405.53 points to 65,631.57. “Markets saw a recovery after two days of fall […]
Newton School of Technology invites applications for BTech Computer Science and Artificial IntelligenceNewton School of Technology invites applications for BTech Computer Science and Artificial Intelligence
Newton School of Technology, in collaboration with Rishihood University is accepting applications for its on-campus Bachelor of Technology in Computer Science and Artificial Intelligence programme, as per the official release from the institute. For the admission, an online entrance exam NSAT (Newton Scholastic Aptitude Test) for the batch of 2024 will be conducted. Students from […]
Eid al-Adha 2023: People celebrate Bakrid with fervour and enthusiasm – See PhotosEid al-Adha 2023: People celebrate Bakrid with fervour and enthusiasm – See Photos
1/8 Tis’ the day to be jolly! As rain lashed Delhi-NCR today, people came out dressed in their best to celebrate Eid al-Adha, commonly known as Bakrid. Images from around the world have started pouring in showing millions from the Muslim community joining the celebrations.Eid al-Adha is the second most auspicious Islamic festival. It celebrates Prophet Ibrahim’s […]