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Nifty, Sensex ended in deep red amid selloff in global equities

Weekly market wrap: Nifty, Sensex ended in deep red amid selloff in global equities

Sep 16, 2022

Bloodbath on final day of the week mainly played spoilsports for Indian markets as a number of agencies have revised down their forecasts for India’s economic growth.

India is currently ranked the fifth largest economy.

Weekly market wrap: Nifty, Sensex post gains of over 1.5% points amid falling crude oil prices

Sep 10, 2022

The market also took support from the State Bank of India's report which states that India is likely to become the third largest economy by 2029.

Staying humble and the ability to cut losses are the other two things which Suri learned from Jhunjhunwala.

80,000% return in 20 years! Atul Suri explains how mentor Rakesh Jhunjunwala spotted Titan stock

Sep 06, 2022

Atul Suri, CEO of Marathon Trends PMS said ace investor Rakesh Jhunjhunwala was sharp in judging talent, which helped him go beyond the financials of the company.

Sectorwise, the BSE Telecom index gained the most 3.84 per cent.

Weekly market wrap: Sensex, Nifty end flat; these BSE 500 stocks rallied up to 44%

Sep 02, 2022

The BSE Sensex declined 30.54 points, or 0.05 per cent to 58,803.33 on September 2, 2022 from 58,833.87 on August 26, 2022. Likewise, the NSE Nifty index settled 19.45 points, or 0.11 per cent, down at 17,539.45 during the same period.

Foreign institutional investors held nearly a 6 per cent stake in the company as of June 30.

Foreign investors pour over Rs 51,000 crore in equities in August; will the momentum continue?

Aug 31, 2022

Following the heavy buying by global investors, the benchmark equity index BSE Sensex gained nearly 1,967 points, or 3.41 per cent, to 59,537.07 on August 30, 2022 from 57,570.25 on July 29 last month

Weekly rundown: Jai Kisan, PriceLabs bag investor dollars in muted funding week

Weekly rundown: Jai Kisan, PriceLabs bag investor dollars in muted funding week

Jul 30, 2022

Rural Fintech startup Jai Kisan and revenue management solution provider PriceLabs drew venture capital dollars in an otherwise uncharacteristically dull week of start-up fundraising

Ashishkumar Chauhan takes charge as NSE CEO & MD

Ashishkumar Chauhan takes charge as NSE CEO & MD

Jul 26, 2022

Ashishkumar Chauhan earlier resigned as Managing Director and CEO of BSE and was relieved of his roles and responsibilities at the exchange from Monday.

Ashishkumar Chauhan

Ashishkumar Chauhan quits as BSE chief to join rival NSE as MD & CEO

Jul 26, 2022

Chauhan was part of the founding team of NSE but left it in 2000 for various roles at Reliance Industries group, before returning to the stock exchange arena as deputy CEO of BSE in 2009 and then as CEO in 2012.

Last week, the 30-share BSE benchmark jumped 2,311.45 points or 4.29 per cent.

Fed interest rate decision, earnings to drive equities this week: Analysts

Jul 24, 2022

Foreign investment and trends in global markets and movement of the rupee as well as crude oil would impact the market sentiment, they said.

In the forthcoming week, investors will be eyeing the data on core sector growth which is scheduled to be released on July 29.

Weekly wrap: Sensex reclaims Mt 56K; BSE m-cap climbs Rs 9 lakh crore

Jul 22, 2022

Sectorwise, the BSE IT index gained 5.92% during the past five trading sessions. BSE Bankex, BSE Metal, BSE Capital Goods and BSE Realty also outpaced Sensex with a gain of over 4.60%.

In a circular, the Securities and Exchange Board of India (Sebi) said that these entities are required to enter into an agreement with a KUA and get themselves registered with UIDAI as sub-KUAs.

SEBI comes out with directive for sub-KYC user agency for Aadhaar authentication

Jul 20, 2022

This comes after the government last week notified 155 entities as sub-KUAs (KYC user agencies) to use Aadhaar authentication services of the UIDAI (Unique Identification Authority of India).

PNB Housing Finance, directors settle case with SEBI

PNB Housing Finance, directors settle case with SEBI

Jul 19, 2022

The proposed deal between PNB Housing Finance and Carlyle last year would have reduced PNB’s stake while making Carlyle the majority shareholder; preferential allotment was approved at a price much lower than the then prevailing market price

The 30-share BSE benchmark tanked 721.06 points or 1.32 per cent last week due to weak global trends, FII selling and concerns over high inflation.

Q1 earnings, global cues, FII to influence trading in equities this week, say analysts

Jul 17, 2022

"Market will react to HDFC Bank's numbers on Monday, while Ambuja Cement, HUL, IndusInd Bank and Wipro will be the other prominent names for Q1 earnings this week," Santosh Meena, Head of Research, Swastika Investmart Ltd said.

Sectorwise, the BSE TECk and IT indices retreated 5.87% and 5.82%, respectively, during the past five trading sessions.

Weekly market wrap: Global recession fears push Sensex 721 points down; what’s next?

Jul 16, 2022

Market watchers believe that equity markets ended in red on fears that central bank moves to fight inflation would spark a recession.

TCS shares tumbled 4.7% on Monday, with the decline being attributed to the dip in margins.

Confident of getting back into 25% margin band: TCS COO

Jul 11, 2022

Getting back into a quarterly margin growth of 25% is the first priority for Tata Consultancy Services (TCS), India’s largest software services exporter, with a key executive saying the company is very confident of business and ending the year with double-digit growth.

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Weekly rundown: Axilor Ventures to raise $100 mn second fund; Innoviti closes $45 mn round

Jul 09, 2022

Early-stage venture capital fund announcements marked the key events for an unusually slow week for start-up fundraising.

SEBI proposes insider trading rules applicability in mutual fund dealings

SEBI proposes insider trading rules applicability in mutual fund dealings

Jul 08, 2022

At present, insider trading rules are applicable to dealing in securities of listed companies or proposed to be listed, when in possession of unpublished price-sensitive information 'UPSI' .

Sectorwise, the BSE Capital Goods index advanced 5.97%. BSE FMCG, Realty, Bankex, Power, Auto and Metal gained between 2% and 5.50%.

Weekly market wrap: Sensex climbs 1,574 points; Titan, HUL rally 10%

Jul 08, 2022

With a gain of 10%, Titan Company emerged as the top gainer in the Nifty50 pack. It was followed by Hindustan Unilever (up 9.40%), ICICI Bank (up 7.36%), Larsen & Toubro (up 7.33%) and UPL (up 7.26%).

Tepid global cues and nervousness ahead of the earnings season have impacted sentiment, analysts said.

Global factors, crude oil, macro data to drive stocks this week, say analysts

Jul 03, 2022

"FIIs are still selling but the momentum has come down significantly, therefore, bulls will look for a relief rally if global markets remain stable," said Santosh Meena, Head of Research, Swastika Investmart Ltd.

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Weekly rundown: Bertelsmann commits $500 mn for India investments; Arzooo, Propshare raise new rounds

Jul 02, 2022

In a relatively muted week for start-up funding, retail tech firm Arzooo, realty platform PropShare, business-to-business (B2B) marketplace Solv, and fintech start-ups Progcap and GetVantage raised new funding rounds.

They have been directed to pay the penalties within 45 days.

SEBI penalises Kotak Mahindra Trustee Company, Kotak AMC's chief Nilesh Shah, 5 others

Jun 30, 2022

The case pertains to six FMP schemes that matured in April and May 2019, which held investments in debt securities issued by Edisons Utility Works Pvt Ltd and Konti Infrapower & Multiventures Pvt Ltd, belonging to the Essel Group.