In the last two trading sessions, domestic institutional investors (DIIs) have sold shares/Stocks worth Rs 5,316 crore in Market says V.K. Vijayakumar Chief Investment Strategist at Geojit Financial Services Market. A consolidation phase is likely to follow the recent surge that took benchmark indices to new highs, he said. Since core inflation remains sticky around
The internet has unlocked doors to a myriad of business opportunities and created a variety of investment options. It has also restructured the processes involved in conducting business especially in the online space. Long before the presence of the internet, trading was done traditionally. An individual would set up a physical stall to trade specific
After an unexpectedly strong report on private payrolls, U.S. stocks fell Thursday as investors awaited Friday’s ADP job reports. The Dow Jones Industrial Average fell 343 points or 1% at 9:41 ET (13:41 GMT), while the S&P 500 fell 1% and the NASDAQ Composite fell 1.1%. After the Federal Reserve released the minutes of its
IdeaForge made a stellar debut on Friday – listing at ₹1,305, a 94% premium over its initial public offering. Stocks listed at a premium of ₹633, much higher than the IPO price of ₹672. According to media reports, the grey market was expecting the listing day premiums to be over 510, expecting the stock to
New Delhi, 5 July 2023: Residential property sales in Delhi-NCR skyrocketed since the pandemic and there are no indications of this momentum slackening in the second quarter of 2023. Unsold housing inventory in the region declined by over 21% annually – the steepest drop of available stock among all the top 7 cities, finds ANAROCK Research data. Delhi-NCR’s unsold housing
As of publishing, Indian benchmark indices, the Sensex and Nifty, are trading flat. The Nifty opened above 19,400 while the Sensex went above 65,500. It’s a slow day for FMCG and metal packs, but pharma and IT stocks are on the rise. Eicher Motors is the biggest laggard at this hour with a loss of
Investing in mutual funds can be an excellent way to start your journey towards building wealth and achieving your financial goals. Mutual funds offer a diversified portfolio of securities managed by professionals, which makes them a popular choice for investors. In this blog post, we will provide you with valuable tips to help you get
For a fixed tenure, fixed deposits (FDs) offer guaranteed returns. For safety, stability, and guaranteed returns, senior citizens prefer fixed deposits (FDs). Apart from providing fixed returns, they are easy to understand, offer liquidity options, and may offer tax benefits in some cases. FD rates as well as interest rates have gone up in the
At the time of writing, both the Sensex and Nifty50 were up 0.6-0.7 percent from Wednesday. The Sensex is currently trading at 64,312 points after crossing the 64,000 mark on Wednesday. The Sensex and Nifty50 indexes touched their all-time highs Wednesday, with analysts pointing to a firm economic outlook, moderate inflation, and strong foreign investor
Foreign portfolio investments(FPIs) mainly focusing on a single corporate group must now provide information regarding their ownership and economic interests to the Indian regulator, Sebi. This stipulation was announced on Wednesday in an attempt to prevent potential abuse of the Foreign Portfolio Investments(FPIs) and guard against the dangers of an unsolicited takeover attempt of Indian
