Will only agree India trade deal approach that works for UK, says Rishi Sunak
Ahead of his first visit to India as UK Prime Minister to attend the G20 World Leaders’ Summit in New Delhi later this week, Sunak updated his top team on the ongoing trade talks which have completed 12 rounds of negotiations. The British Indian leader described India as an “indispensable partner” of the UK across […]
Nifty Bank expiry shifts to Wednesdays from tomorrow. Will it affect option trading strategy?
Under the new rules, announced in July, Nifty Bank weekly index options will expire every Wednesday instead of Thursday from September 6. But for monthly and quarterly contracts of the widely-tracked banking index, there is no change and will continue to expire on the last Thursday of the expiry month.
7 FMCG stocks touched their 52-week high, gain up to 70% in a month
During Tuesday’s trading session, the benchmark index Sensex rose about 152 points, closing at 65,780. Within this upward trend, seven stocks from the BSE FMCG index reached their highest prices in the last 52 weeks. The 52-week high holds significant value for specific traders and investors, as it functions as a vital technical gauge for […]
Tech View: Nifty forms small green candle on daily charts. What traders should do on Wednesday
Nifty is currently placed at another resistance of 19,600 levels and one may expect this to be taken out soon on the upside. The next upper levels to be watched are around 19800 and immediate support is placed at 19450 levels, said Nagaraj Shetti of HDFC Securities
CBDT processed 88% ITR, refunds over Rs 2.45 crore issued till September 5
Total 6.98 crore ITR were filed for the Assessment Year 2023-24. “More than 6 crore ITRs of AY 2023-24 have been processed out of the verified ITRs as on September 5, resulting in processing of over 88% of the verified ITRs” Central Board of Direct Taxes (CBDT) said in a statement issued Tuesday.
Instant settlement of Indian stock market trades to come in by Oct 2024
Currently trades in India are settled in “T+1” or one day after the trades are initiated. Instant settlement would ensure trades are settled immediately.
Nitin Gadkari pitches for diversification of agriculture towards energy, power sectors
The Minister for Road Transport and Highways, and the senior BJP leader, also said that with a new thinking under the leadership of Prime Minister Narendra Modi, the farmer will not only be a provider of food but also a provider of energy.
Sensex, Nifty may rise 10% in rup up to 2024 Lok Sabha elections: Morgan Stanley
The report lists four possible outcomes while assigning a performance range for Sensex between 5% and -40% based on the outcome.
Addressing cybersecurity risks at stock exchanges, clearing corporations: SEBI Chief Buch
Last week, the capital market regulator announced new guidelines to strengthen the existing cyber security and cyber resilience framework for stock exchanges, clearing corporations, and depositories.
Ratnaveer Precision Engineering IPO subscribed nearly 16x so far on Day 2. Check GMP and other details
The non-institutional buyers’ category was subscribed the most at 30.75x, followed by retail investors at 18.55x. The demand from qualified institutional buyers remained muted with just 16% subscription.