January 8, 2023 New Delhi, India Indian Mutual Fund Industry Achieves Historic Rs 50 Trillion AUM Milestone In a landmark achievement, the Indian mutual fund industry celebrated a historic milestone in December 2023, surpassing the Rs 50 trillion mark in Assets Under Management (AUM). This significant accomplishment reflects the industry’s resilience, sustained investor confidence, and…
December 4, 2024 New Delhi, India Bajaj Auto Share Jumps 5% Bajaj Auto, a prominent player in the automotive sector, experienced a 5% stock jump to surpass Rs 7,000 following the announcement that the company’s board is set to deliberate on a potential share buyback during the scheduled meeting on January 8. Stock Rally on…
December 28, 2023 New Delhi, India Introduction: In a dynamic market session, Indian stocks reached unprecedented heights, fueled by robust foreign and domestic investor activity. However, escalating volatility and elevated valuations have sparked concerns among traders. Indian Stock Market Surges to New Highs: The Sensex surged by 200 points, setting a fresh high, with the…
December 22, 2023 New Delhi, India Wipro’s Uptrend and Heavy Trading Volumes In a remarkable turn of events, Wipro Ltd witnessed a substantial surge in its stock price, reaching a one-year high of Rs 466.15. The stock experienced a 7.38% increase, reflecting a 32.49% gain from its one-year low in April. The trading volumes were…
December 20, 2023 New Delhi, India Inox India IPO: The wait is over! Inox India has finalized its IPO allotment, and eager investors can now check their fate. This guide covers everything you need to know about the allotment process, refunding, demat account crediting, and the upcoming listing date. Who’s in Charge? Kfin Technologies Ltd,…
December 13, 2023 New Delhi, India Stock Market Highlights Indian stock market witnessed high ups and downs today. The global uncertainties in inflation and Federal Reserve policies created such a situation. Market Movement: Both Nifty and Sensex showed slight gains today, the Sensex started with small wins and ended up making minor profit amounted to…
December 13, 2023 New Delhi, India Introduction: UltraTech Cement, the third largest cement producer worldwide (outside of China) has achieved a new landmark- its share broke the ₹10,000 barrier. This year, UltraTech shares have greatly surged with a year-to-date yield of 40.13% on an annual basis. The stock peaked at ₹10,042.95 apiece, translating into a gain…
December 13, 2023 New Delhi, India Sovereign Gold Bond Schemes 2023-24 In a recent announcement, the Reserve Bank of India (RBI) has unveiled the details of the Sovereign Gold Bond (SGB) Schemes for the financial year 2023-24, offering investors valuable opportunities for gold-backed investments. Series III Subscription Details: The subscription window for Series III is…
December 13, 2023 New Delhi, India USDINR The last traded price of USDINR was 83.3825, down by -0.01%. The day’s range for USDINR was a high of ₹83.40 and a low of 83.36. The rupee settled little changed, supported by likely U.S. dollar sales by the RBI. Rupee forward premiums declined, with the 1-year implied…
December 7, 2023 New Delhi, India Crucial Financial Checkups As the year draws to a close, it’s the perfect time to conduct a comprehensive financial checkup to set yourself up for a prosperous New Year. This article offers a roadmap through six crucial financial checkups, empowering you to gain valuable insights, make informed decisions, and…
