Key sectors, including IT, banking, and auto, faced heavy losses, contributing to the overall decline in market indices. Major stocks witnessed selling pressure, with investors remaining cautious amidst global market uncertainties.
SEBI has raised the investment limit for Basic Services Demat Accounts (BSDA) from Rs 2 lakh to Rs 10 lakh, effective from September 1, 2024. This move aims to lower costs for small investors.
The stock market witnessed a steep selloff, resulting in a massive loss of approximately Rs 20 lakh crore within the first 20 minutes of trading. By 9:35 am, the market capitalisation of BSE-listed companies had dropped to nearly Rs 406 lakh crore from the previous session's Rs 426 lakh crore.
State regulators in Colorado are suing the owners of two Indian restaurants, Bombay Clay Oven and Saucy Bombay. The lawsuit alleges the owners used false information to convince investors to fund a nationwide expansion.
Reliance Industries, led by Mukesh Ambani, is set to reveal its Q4 results and dividend declaration today after market hours. With shares soaring by 30% in the last six months, nearing record highs, investors eagerly anticipate insights into the company's financial performance.
Several factors likely contributed to today's market rebound, including positive global cues, improved investor sentiment, and strong corporate earnings reports. Additionally, easing concerns over inflation and interest rates may have also played a role in boosting market confidence.
India's stock market is hitting record highs while China is facing an economic crisis plagued by a property crisis and high unemployment. Market watchers are hopeful of a third term of PM Modi-led BJP for greater predictability of future economic policies.
Despite recent regulatory measures by the Reserve Bank of India (RBI), the financial sector remains a focal point in the current bullish market.
The shares are expected to be listed on NSE Emerge around December 13. First Overseas Capital is the bookrunner, while Kfin Technologies serves as the registrar.
Building wealth through investments is a challenging yet rewarding goal. Stealth wealth, characterized by maintaining financial privacy, is gaining popularity.
Going by circulars, SEBI has defined the manner of handling the unclaimed amounts lying with REITs, InvITs, and in the escrow accounts of the listed entities (which are not companies), transfer of such amounts to IPEF and claim thereof by the investors.
The trends are redefining how investors view and approach the market. Additionally, shifts in demographics and consumer preferences are influencing the types of properties in demand.
Notably, the Nifty 50 reached a new milestone by hitting an all-time high of 20,167.65, and the BSE Sensex also joined the rally by achieving a fresh all-time high of 67,771.05 points in the early trading session.
A passive fund is an investment instrument that simulates the performance of a market index or a specific market segment.
What could have changed or what made the FPIs change their view? There are a few factors which have led to this change.
There is opportunity to discover, opportunity to partner, opportunity to progress, Modi said, urging investors to come to India and explore these opportunities.
A person or entity will be identified as an accredited investor on the basis of net worth or income.
The 30-share BSE Sensex has jumped 3,077.69 points or 6.21 per cent during April-July this fiscal.
Zomato got bids for 344.76 crore shares against 71.92 crore shares on offer, stock exchange data showed.
Investors became richer by over Rs 6.34 lakh crore on Monday as markets gave a big shout-out to the Budget 2021-22, which analysts termed as 'unprecedented' against the backdrop of the pandemic-induced slowdown.
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