Indian stock exchanges BSE and NSE will remain closed for trading on Friday, November 15, on account of Guru Nanak Jayanti. This holiday will not be the only trading break in November. The exchanges will also remain shut on Wednesday, November 20, due to the Maharashtra Assembly General Elections. While BSE and NSE have declared…
Market Overview The markets continued to stay tentative over the past five days, trading with a weak undertone as the Nifty digested the reaction to the US election outcome. Although there were two days of a strong technical rebound, this was subsequently sold into, which kept the Nifty in a broadly defined range. The trading…
Amid sustained selling by foreign portfolio investors (FPIs) in the Indian stock markets, Sriram Krishnan, Chief Business Officer of the National Stock Exchange (NSE), expressed confidence in the resilience of India’s growth story. He emphasized that the current FPI sell-off does not indicate any fundamental issue with India’s economic prospects and that India remains an…
Indian headline indices fell over 1% on Thursday, erasing gains made in the previous session after Donald Trump’s U.S. presidential election win. Analysts attributed the decline to profit-booking and concerns over foreign inflows, compounded by weak corporate earnings. The NSE Nifty 50 dropped 1.16% to 24,199.35, while the BSE Sensex fell 1.04% to 79,541.79, returning…
Indian primary equity market continued to attract funds from foreign portfolio investors (FPIs) in October notwithstanding their exodus from the secondary market according to the data from NSDL. FPIs parked net $ 2,361 million (Rs 19841.9 crore) in the primary market, the highest monthly investment since November 2021 when they had invested $ 3,745 million…
The current market scenario is characterised by heightened volatility due to geopolitical tensions, US election cycles, and recessionary fears. To handle the market-wide fluctuations, the investors must strategically position themselves to generate optimal returns with a lesser risk. While expecting higher returns is important, it is crucial to consider the risks involved. During periods of…
The Indian market’s journey from its humble beginning in 1986 has been nothing short of spectacular. It took over two decades for the Sensex to reach the 10,000 mark in 2006 and just another year to double in 2007. The S&P BSE Sensex surpassed 20K in December 2007. As investors cheered this achievement, the euphoria…
Let us delve into the Indian stock market. Trading and investing are done in the Indian stock market in various forms. Although there’s a thin line of difference between trading and investing, but for easy reading and understanding, we have assumed these terms same in this blog. We will be covering various types of stock…
The IPO of Manba Finance is a book-built issue worth Rs 150.84 crores, consisting entirely of a fresh issue of 1.26 crore shares. Subscription for the Manba Finance Initial Public Offer (IPO) begins on September 23, 2024, and concludes on September 25, 2024. The allotment for the IPO is anticipated to be completed by Thursday,…
Block and bulk deals are significant transactions that take place on stock exchanges. Block deals are executed through a special trading window that is not visible to all market participants, and they involve a large number of shares being bought or sold by institutional investors or large traders at an agreed-upon price. On the other…