GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Tuesday. Here’s a look at the key stocks to watch in trade. GIFT Nifty ended 26.50 points or 0.11% up at 24,806.50 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on
The low market share of the BSE in monthly options contracts may limit its potential for gains once the Securities and Exchange Board of India’s (SEBI) new index derivatives trading norms come into effect, according to experts. Brokerage firm Jefferies pointed out that the BSE holds a 10% market share in monthly contracts, which remain
Franklin Templeton India re-entered the debt space with its ultra-short duration fund recently after it abruptly decided to shut down six schemes in March 2020. Rahul Goswami, CIO & MD, India Fixed Income tells FE that while the flows into the fixed income space has been muted, he expects things to improve. Excerpts: What will
Unity Small Finance Bank, backed by BharatPe and Centrum Financial Services, will consider listing in two-three years, a senior official said. “According to Reserve Bank of India (RBI) guidelines, a bank must be in existence for five years (before listing). We are completing third year of operations, and I think we will actively explore this
Shares of some Tata Group companies, especially Tata Chemicals, gained on Monday as speculation over the listing of Tata Sons drove hopes of value unlocking for investors. Tata Chemicals, which holds a 3% stake in Tata Sons, was one of the biggest gainers as it rose over 9%. It could be the biggest beneficiary of
It’s an action-packed morning on D-street on October 22. Hyundai Motor India will be listed on the bourses on October 22. Also, investors will assess the first quarterly results of Bajaj Housing Finance after it is listed last month. That apart Waaree Energies IPO continues to garner investor interest. The Hyundai IPO concluded with the
With investors shifting their focus to China, the momentum of flows into India-focused offshore funds has taken a sharp hit this month. Besides, weak domestic earnings growth also led global investors to rethink their short-term fund deployment strategy. The average weekly inflows into these funds in October have been $138 million, less than half of
Foreign investors have been aggressively unwinding their total return swap ((TRS) positions, which are mostly unhedged, due to the volatility in global bond yields ahead of the US presidential elections, traders said. In addition, with the rupee breaching the crucial mark of 84/$, foreign investors have resorted to booking profits. For a second week in
Today, Rs 1 lakh monthly salary is considered a good income in a country like India. It’s enough for a middle-class family to live a respectable life, covering expenses such as housing, child education and other basic requirements. But imagine earning the same amount 10, 20, or 30 years down the line. Will it still
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 might see a higher start on Friday following Asian markets opening on a mixed note in early trade hours. Previously, on Thursday, the NSE Nifty 50 closed the session 22.7 points or 0.10% higher at 23,750, while the BSE Sensex closed flat
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a higher opening on Friday. Here’s a look at the key stocks to watch in trade. Stocks in Focus: GIFT Nifty was trading 52 points or 0.22% higher at 23,915 indicating a higher start for domestic indices NSE Nifty 50
Good news for UPI users! The Reserve Bank has allowed prepaid payment instruments holders to do UPI transactions through third-party mobile applications. Until now, UPI payments from bank accounts could be made by linking a bank account through the UPI App of the bank or using any third-party UPI application. However, the same facility was
As 2024 enters its final phase with just three trading days remaining, its a busy day at the exchanges with 6 listings scheduled today. Among these 6 public issues making their debut on the Indian bourses, the two mainboard issues that are at the centre of everyone’s attention is – DAM Capital Advisors and Mamata
