Market Movers: HUL dusts off its cape to provide haven to iffy investors
MUMBAI: This was the moment Hindustan Unilever was waiting for. The moment when it got to dust off its cape and act as a haven for panic-stricken investors. Over the past year, the stock has had little joy trying to play savior for the market because the market, honestly, had no need for its services […]
Mutual Funds: Five reasons to invest in a global fund
However, as investors, we tend to have a home bias, i.e., a preference to invest in domestic securities over foreign securities. By Jinesh Gopani Courtesy globalisation, we are all consumers of global products in our day-to-day life. Whether it is our smartphone, the social networking apps we use or the e-commerce platforms we shop on, […]
India fares better than Asian emerging markets peers
In May and June, as India struggled to contain the second wave, several Asian peers experienced a robust economic recovery on the back of a rebound in global trade. But the spread of the virus, and in particular the Delta variant, has led to a reimposition of lockdowns across the continent, slowing down most Asian […]
Stock Market Highlights: Sensex falls 162 points, Nifty ends below 16,600 as metals, banks drag
Market At Close | Here are the key highlights of today‘s trading session – Weekly Expiry Keeps Mkt Under Pressure; Sensex & Nifty Snap 7-day Gaining Streak – Financials Drag Market With Nifty Bank Falling Over 300 Pts; ICICI, Kotak Top Losers – HDFC Bk Fails To Hold Gains Despite RBI Partially Lifting Tech Ban, […]
2021 may turn out to be India’s year of IPO; growth impulse igniting markets: RBI article
The RBI article was referring to the IPO of Zomato which got oversubscribed 38 times. The year 2021 could turn out to be India’s year of IPO with the domestic unicorns through their public issues setting “domestic stock markets on fire and global investors in a frenzy”, an RBI article said on Tuesday. The successful […]
India’s overseas listing rules for companies delayed due to tax concerns: Report
New Delhi: India will take around six months to announce rules allowing companies to list overseas, taking longer than some expected as the finance ministry irons out issues related to taxation, two government officials and four industry sources told Reuters. The delay is likely to dampen hopes of investors like Tiger Global, Sequoia Capital, Lightspeed […]
Stock Market LIVE Updates: SGX Nifty indicates a subdued start for Indian indices
Stock Market LIVE Updates: The Indian equity market is likely to open on a subdued note Monday following a muted trend in the Asian peers. The trend on SGX Nifty also indicated a flat to negative start for the broader index in India. The Nifty futures were trading 33.00 points or 0.20 percent lower at […]
Stock Markets on Monday – Anil Singhvi gives Nifty, Bank Nifty support levels, key indicators when markets reopen
The stock markets ended the week with a bank as both BSE Sensex and NSE Nifty 50 touched their record highs. Nifty gained by almost 116 points to end the day at a lifetime high of 16,529.10 while the Sensex ended up almost 593 points to settle at 55437.29. Nifty Bank also climbed 232 points […]
Independence Day: Events that transformed India’s economy
From agrarian crisis to privatisation; demonetisation to the introduction of Goods and Service Tax (GST), from stock markets touching new highs to digitisation; independent India has seen many an economic upheaval. Was it for good? Did the decisions taken by various governments really help the Indian economy grow? Did India manage to become the golden […]