Buoyed by the ongoing rally in domestic equities, the market capitalisation (mcap) of BSE-listed firms surged to a fresh record of Rs 320.94 lakh crore on Friday. The BSE Sensex jumped 333.35 points or 0.50 per cent to settle at 66,598.91. Helped by the encouraging trend in domestic equities, the market capitalisation of BSE-listed companies […]
SAT reserves order in Punit Goenka’s plea against SebiSAT reserves order in Punit Goenka’s plea against Sebi
The Securities Appellate Tribunal (SAT) on Wednesday reserved its order in an appeal filed by Zee promoter Punit Goenka against an order by the Securities and Exchange Board of India (Sebi) barring him from holding directorships in Zee group companies as well as the merged entity with Sony. SAT also said that written submissions, if […]
Will Nifty stay muted or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opensWill Nifty stay muted or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opens
GIFT Nifty traded down 0.20%, at 19,573.5 during Tuesday’s early trading session, indicating a negative opening for domestic indices NSE Nifty 50 and BSE Sensex. The benchmark domestic indices ended September’s last trading session in positive territory. The NSE Nifty 50 surged 0.75% to settle at 19,638.30, while the BSE Sensex added 320.09 points to […]
Factors to consider when investing in equity mutual fundsFactors to consider when investing in equity mutual funds
By Vikas Mathur The mutual fund industry in India has witnessed a remarkable growth in the past two decades, and particularly equity funds have gained significant popularity among the retail investors. As AMFI reports, we have recorded around 5 fold increase in the last 10 years and the AUM of the Indian MF Industry has […]
Market euphoria ebbs as midcaps crumbleMarket euphoria ebbs as midcaps crumble
A sharp sell-off in the mid-cap and small-cap space on Tuesday — the most in 2023 — cut short the euphoria in the markets. The Nifty MidCap 100 plunged 1,274 points or 3.07%, the worst since the 3.76% slide on December 23, 2022. The Nifty SmallCap 100 fell 532 points or 4.1%, the most since […]
G20-themed Flower Fest kicks off in Delhi; four G20 nations participate – See PicturesG20-themed Flower Fest kicks off in Delhi; four G20 nations participate – See Pictures
1/7 A two-day flower festival, which will see the participation of several G20 nations, was inaugurated by Union Minister of Labour and Employment Bhupender Yadav at Central Park, Connaught Place, in the national capital on Saturday. (PTI photo) 2/7 The flower festival, themed ‘Colour and Vibrancy’, is showcasing the vibrancy and colourful display of G20 […]
Realty funds see housing sales boom to stay resilientRealty funds see housing sales boom to stay resilient
Real estate-focused private equity funds expect the current boom in housing sales to sustain and do not see any concerns of a potential bubble in the segment. Housing sales across the top seven cities have hit a record high in the third quarter of the calendar year, despite the usually slow monsoon quarter, and are […]
Agilus Diagnostics files draft papers with Sebi to raise funds via IPOAgilus Diagnostics files draft papers with Sebi to raise funds via IPO
Agilus Diagnostics Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The maiden public issue is entirely an offer for sale (OFS) of 1.42 crore equity shares by International Finance Corp, NYLIM Jacob Balls India Fund III LLC, and Resurgence PE Investments Ltd, according to […]
Bullish on NBFCs, IT; FII inflows, domestic liquidity driving uptrend in markets: SAMCO MFBullish on NBFCs, IT; FII inflows, domestic liquidity driving uptrend in markets: SAMCO MF
The momentum that is building up in the share markets will continue to strengthen, giving investors reason to have a bullish outlook on the domestic stock market, said Viraj Gandhi, CEO, SAMCO MF, in an interview with Zoya Springwala of FinancialExpress.com. What is your outlook on the short-term trend of the markets? What, in your […]
Onion auctions start in Nasik mandis after 13 days’ closure as traders end strikeOnion auctions start in Nasik mandis after 13 days’ closure as traders end strike
The onion auctions commenced on Tuesday at 17 wholesale mandis in Nashik, the hub of the country’s onion trade, after 13 days’ closure, as traders and commission agents finally called off their strike. Onion traders in Nasik were on strike since September 20, demanding removal of 20% export duty, reduction in mandi fees from 1% […]