NSE Holidays 2025: Will stock market be open or closed on Maha Shivratri, February 26? Check details
Stock market holidays 2025: Indian stock markets will be closed on February 26, 2025, for Maha Shivratri. Trading will resume on February 27, 2025. The stock market holiday calendar includes 14 closures throughout the year, with upcoming holidays set for Holi on March 14 and Id-Ul-Fitr on March 31.
Tata Capital approves plans for IPO
Tata Capital is moving forward with its IPO plans, gaining approval to issue 23 crore new shares while allowing some existing shareholders to exit. The listing preparation process began in December, with Kotak Investment Banking leading. Tata Capital Financial Services, designated by the RBI as systemically important, must complete listing within three years.
Gold ETF Fund of Funds to provide strategic diversification alternative to investors: Sanjay Bembalkar
Sanjay Bembalkar, Head of Equities at Union Asset Management, advises investors to consider gold ETFs for safer, liquid portfolios without emotional ties. In light of geopolitical uncertainties and monetary changes, gold’s negative correlation with equities and debt makes it a valuable long-term strategic asset. Bembalkar suggests a 15-25% gold allocation for retail investors.
Death Crossovers: These 7 stocks signal further bearishness on Feb 25
In the Nifty500 pack, seven stocks are witnessing Death Crossovers, according to stockedge.com’s technical scan data. The death cross is a technical indicator of bearishness. The death cross appears on a chart when a stock’s short-term simple moving average (SMA) crosses below its long-term moving average on the downside. These stocks’ 50-day SMA crossed below […]
Gold steadies near all-time high on Trump tariff concerns
Gold prices remain close to a record high amid safe-haven demand driven by concerns over U.S. President Trump’s tariff plans and potential inflation. Spot gold was nearly unchanged, with investors closely monitoring the Federal Reserve’s response to economic changes and upcoming inflation data.
JC Flowers likely to get Saraswat Bank’s Rs 228-cr stressed loans, no other bidder
The 110 accounts the bank had put up for sale in the first week of January include SME accounts and some home loans from individual borrowers. JC Flowers’ offer envisages an 84% haircut for the Mumbai-based cooperative bank.
Asian stocks decline at open as US pressures China
Shares in Australia and Japan opened lower while futures pointed to a 2% drop in Hong Kong. A gauge of Chinese shares in the US had its biggest drop in more than four months after Alibaba Group Holding Ltd.’s American depositary receipts closed down 10%, the biggest decline since October 2022. The yield on 10-year […]
Voluntary pension scheme for all on cards: Won’t be tied to employment, will be open for all
India is exploring a Universal Pension Scheme that is voluntary and contributory, aimed at offering social security to all individuals. The scheme will incorporate existing central pension programs to streamline processes, extend benefits to unorganized workers, and include traders and self-employed individuals for comprehensive coverage.
Listed startups get a delivery of reality: It’s hot on the Street
The tide is expected to turn for some of the companies including Swiggy and Mobkwik over the next few quarters. ETIG offers a snapshot of key takeaways from the recently concluded results season for each of these startups.
RBI eases restrictions on New India Co-operative Bank; Deposit withdrawals up to Rs 25,000 now allowed
The Reserve Bank of India has relaxed restrictions on New India Co-operative Bank, allowing withdrawals up to Rs 25,000, effective February 27, 2025. This follows an assessment of the bank’s liquidity position. Additionally, the bank’s General Manager was arrested for allegedly embezzling Rs 122 crore.