40% duty on certain onion varieties may be rolled back
The government on August 19 imposed a 40% duty on all types of onions exported from India to tame strong bullish trend in onion prices. This caused a nearly 70% fall in onion exports, said market sources. Meanwhile, in a meeting held on Monday, traders from Nashik decided to continue their onion strike that started […]
Large unlisted companies may be regulated
Under the proposed framework, such entities could be mandated to submit quarterly filings of financial statements with the MCA, among others, said the person, who did not wish to be identified. The proposal gained traction after the alleged corporate governance lapses at edtech firm Byju’s this year. The person said once the Company Law Committee […]
HDFC Securities launches discount broking app HDFC SKY with flat pricing
HDFC SKY, has introduced a one-price slab of Rs 20 for both intraday and delivery across segments, MTF at 12%, coupled with zero account opening and maintenance charges for the first year
Longer-dated US yields hit 16-year high on Fed rate outlook
Chicago Fed President Austan Goolsbee said on Monday that inflation remaining entrenched above the central bank’s 2% target remains a bigger risk than tight Fed policy slowing the economy more than needed. The yield on 10-year Treasury notes was up 9 basis points to 4.525% after climbing to 4.533%, its highest since October 2007.
Yen falls to fresh 11-month low against dollar, focus on intervention risks
The yen fell 0.17% to 148.66 per dollar, touching its lowest since late October and adding to Friday’s declines after the BOJ maintained ultra-low interest rates, while Governor Kazuo Ueda stressed the need to spend more time assessing data before raising interest rates.
Centre extends time period for stock limits on tur, urad by two months till December 31
As per the notification issued by the Food and Consumer Affairs Ministry, the stock limits for wholesalers and big chain retailers at the depot have been reduced from 200 tonne to 50 tonne each. The stock limit for millers has also been reduced from the last 3 months’ production, or 25 per cent of annual […]
These 7 stocks touched their 52-week highs; Which one do you own?
During Monday’s trading session, the Sensex benchmark index saw a modest increase of about 15 points, finishing the day at 66,023. Even though the markets remained generally stable, seven stocks listed in the BSE 200 index were able to reach their highest prices in the past 52 weeks. The 52-week high is particularly important for […]
Tech View: Clueless Nifty ends with Doji candle. What traders should do on Tuesday
Coming to the OI Data, on the call side, the highest OI was observed at 19,800 followed by 19,900 strike prices, while on the put side, the highest OI was at 19,500 strike price. On the other hand, Bank Nifty’s support was at 44,400-44,200, while resistance was placed at 44,900-45,100 levels.
What is a credit score? 5 ways to build good CIBIL score
“If you are applying for multiple loans, it impacts your credit score. Also what impacts is not just your payment history, even if you are honouring everything but if you are applying for huge amounts of loans, if you are overextending yourself, it could definitely negatively impact your credit score.”
Mutual fund SIP and stock SIP – which is the safer bet? Arnav Pandya explains
“When you are looking at a stock SIP, before making the investment itself, you are very clear that you want to build a particular amount of investment in that particular stock or company and because you do not have the money upfront or you want to spread out the risk.”