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Amid growing political backlash over the weakening domestic currency, the union government said that the domestic currency has slipped against the US dollar due to global factors but has strengthened against the British pound, the Japanese yen and the Euro.  Foreign portfolio investors have withdrawn about $14 bn from Indian equity markets in FY 2022-23 […]

Dated: 17th July, 2022 Manager Manager Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, C-1, Block G, Mumbai- 400001 Bandra- Kurla Complex, Bandra (East), Scrip Code : 533344 Mumbai- 51 Scrip Code : PFS Sir/ Madam, […]

By – Amit Pamnani, Chief Investment Officer for Investment Banking, Swastika Investmart Ltd. Looking at the global scenario we see rising inflation in many countries including developed countries like the US, Japan, and Europe, rising interest rates, the Russia-Ukraine war, fluctuating Oil prices, rising India’s trade deficit, depreciating Rupee, etc. all these factors coming together […]

Foreign portfolio investors (FPIs) continue to be sellers so far in July, however, the outflow of money in the equity market is at a slower pace compared to the previous month. More than two weeks have passed in the current month, and FPIs outflow has not even breached over ₹10,000 crore – which brings in […]

A few days ago, a user who said he maintained a demat account with a large private bank for 25 years posted a query on the Facebook group Asan Ideas For Wealth about a ‘dormant demat account.’  He wrote: “Yesterday, I got a phone call from the relationship manager of a large private bank where […]

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic headline indices opened with gains on Friday but traded volatile during the day as bulls and bears engaged in a tug of war. At close, S&P BSE Sensex was up 344 points or 0.65% at 53,760 while NSE Nifty 50 ended at 16,049, up […]

MUMBAI : Life Insurance Corp. of India (LIC) has suffered a ₹40,000 crore hit on its valuation due to the extended fall in equity markets and rising interest rates affecting yields from its debt investment, a top executive said. “The equity market fall has impacted the valuation of equity investment holdings by LIC,” an executive […]

Benchmark Indian indices opened higher on Thursday even as global markets were shaky after a highly anticipated report on US inflation turned out to be even worse than expected boosting bets the Federal Reserve could get more aggressive with its rate tightening move. US equity futures struggled Thursday, while Asian markets were trading mixed  14 […]

Stock Market LIVE Updates : Indian equity benchmarks BSE Sensex and NSE Nifty50 rose on Wednesday, shrugging off mixed moves across global markets as growing signs of a recession in the US kept investors cautious. Gains in financial, FMCG and IT shares pushed the headline indices higher, though losses in oil & gas names limited […]

MUMBAI : Foreign private equity investments in India may beat last year’s record inflows despite fears of a global slowdown as the war in Europe, China’s crackdown on startups and the relative outperformance of India make the country one of the few attractive bets of its size. India’s share of the total allocation of global […]