NSE urges caution after fake videos of CEO Ashish Chauhan recommending stocks go viral
NSE cautions against fake videos featuring CEO Ashishkumar Chauhan giving stock recommendations. Investors advised to verify information from official sources.
Is daily expiry a problem for option traders? BSE CEO Sundararaman Ramamurthy explains
Option traders face challenges with multiple expiring derivative products. BSE plans to expand its derivatives portfolio with a focus on genuine product trading. Sundararaman Ramamurthy emphasizes the need for diverse trading options to meet different needs. He further says: “Once the derivative products of Sensex and Bankex, both of which are less than a year […]
When we are double the size of our turnover today, flashlights and lighting should be more than 50%: Eveready Industries MD
Suvamoy Saha of Eveready Industries anticipates rapid growth from the lighting and electrical segment. The company aims to double its turnover in the next few years, focusing on premium products and market regulations for continued success.
Unstoppable gold hits new all-time high of Rs 71,505; silver breaches Rs 83,000/kg for first time
The recent uptick has been on account of slippages in the dollar index (DXY) which has declined by 1.30% over the last one month. Today it was hovering near the 104.13 mark, up by 0.02 or 0.02%.
F&O stocks to buy today: ICICI Bank, Apollo Tyres among top 6 trading ideas
On the stock futures front, FIIs have bought to the tune of 13637 contracts, while on the Options Front, FIIs bought 167901 call contracts and 162395 Put Option contracts.
Big movers on D-Street: What should investors do with Hindustan Zinc, Vodafone Idea and Angel One?
Stocks that were in focus included names like Hindustan Zinc, which jumped nearly 17%, Vodafone Idea, which fell 2%, and Angel One, whose shares declined 3.06% on Tuesday.
Sensex hits 75,000, was at 25,000 when PM Modi won 10 years ago
The BSE sensex, India’s most closely watched stock market bellwether, crossed the 75,000-point mark on Tuesday, indicating past successes of the Indian economy and market and raising hopes for future wealth creation. On the NSE, Nifty also reached a new lifetime high of 22,768 points during early sessions before closing at 22,643, down 24 points.
Hungry for returns, investors SIP on stocks
Retail investors surged on Dalal Street, with 15 crore demat accounts. Mutual fund folios reached 11 crore, while equity assets grew. SIPs rose to Rs 19,000 crore amidst foreign fund selloffs, supported by financialisation of savings and digitisation.
Asset allocation strategies work better at equity market highs
The foundation of India’s economic resilience lies in its prudent fiscal policies, exemplified by controlled fiscal deficits, current account deficit management, and inflation containment. This steadfast approach has instilled confidence in investors, paving the way for a sustained bull market over the last decade and more.
Bain Capital sells 1.08% in Axis Bank for Rs 3,575 crore
Some of the buyers included Birla MF, Blackstone, BofA Sec, Mirae MF, Nippon India MF, Nomura, Norges Bank, T Rowe Price, among others.