The Indian markets regulator’s decision to revert to the volume-weighted average price method to determine settlement prices of derivatives contracts on expiry days could reduce volatility and help revive volumes, according to analysts. The Securities and Exchange Board of India said that from December 7, derivatives contracts on expiry days will once again be…
Elitecon International share price opened at ₹16.73 today. The stock touched an intraday high of ₹17.12 on NSE on 18 August. Small-cap stock Elitecon International surged nearly 1% on the NSE in Tuesday’s trading session after the company announced strengthening of its Board and senior management. The stock rallied despite muted trends on Dalal Street.…
Amid increasing geopolitical risks and economic uncertainty, experts advise investors on how to rebalance portfolios effectively. Focusing on quality stocks, maintaining SIPs, and adjusting allocations can help navigate this volatile landscape. This year so far has been challenging for equity investors largely due to increased geopolitical risks, higher crude oil prices, and the rupee’s…
ONGC and Oil India are key beneficiaries if Brent price remains elevated above USD 70/bbl as their CMP is discounting ~USD 65/bbl net crude realisation amidst low risk of windfall tax, said analysts. Shares of Indian upstream oil companies rallied up to 4 per cent on the BSE in Tuesday’s intra-day trade. Individually, Oil…
Amazon India on 23 April said it plans to invest over ₹2,800 crore to strengthen associate safety, health, and financial well-being measures and to boost its operations network across the country. The latest investment is part of the company’s stated commitment to infuse more than USD 35 billion in India by 2030, focusing on business…
Mutual funds: Transferring MF units involves converting them to demat format, with specific processes for gifting or transmission. Here is a step-by-step guide to gifting your MF units to a loved one. A popular investment option for individuals looking to achieve financial goals and grow their wealth, a mutual fund is formed when an asset…
The ruling clears way for Vedanta’s vast operations to split into five separate units, of which four will focus on aluminum, power, oil & gas, and iron ore, respectively Vedanta Ltd on Tuesday secured approval from the National Company Law Tribunal (NCLT) bench in Mumbai to break up the oil-to-metals conglomerate into five separate units,…
IndusInd Bank and ICICI Bank shares jumped 2-3 percent each, and led the rally in the Bank Nifty today, taking the banking index to a record high. Bank Nifty hits new all-time high. The Bank Nifty scaled a new all-time high on Thursday, touching 58,609.2 in morning trade and rising 0.57 percent from the…
Looking ahead, select buzzing stocks like Bank of Baroda (BoB) Ltd, Asian Paints Ltd and Adani Green Energy Ltd are expected to remain in focus among traders. Broader markets remained resilient, with the BSE MidCap index gaining 0.60 per cent and the SmallCap index rising 0.52 per cent. Indian equity markets paused their upward…
Domestic brokerage firms Kotak Institutional Equities do not find much value in most parts of the market despite the recent sharp correction in the market. Domestic equity markets have been witnessing relentless sell-off with benchmark indices falling nearly 12 per cent from their 52-week highs, while the broader markets indices- BSE midcap index and…