Industry players reckon most of the existing multi-cap funds will switch to the new category
Says since working hours in Europe and US are not aligned with APAC markets, current T+2 market cycle is already effectively a T+1 settlement cycle
While recent hikes have pushed iron ore prices to 24-month highs, analysts also expect sustained improvement in operating performance
he regulator has imposed a fine of Rs 5 lakh each on 8 individuals and one entity, collectively referred to as noticees
The timings were revised during the lockdown due to the coronavirus pandemic
Markets regulator Sebi on Friday came out with a framework governing the outsourcing activities of the limited purpose clearing corporation
Markets regulator Sebi on Friday said stock exchanges will have to ensure that investor grievances are resolved within 15 working days afterreceiving such complaints.
BSE Sensex added 553 points, or 1.34 per cent to settle at 41,893 levels and the Nifty50 index ended above the crucial 12,250 level at 12,264, up 143 points, or 1.18 per cent
All that happened in the markets today
From an Indian market perspective, the US election driven trends could imply that Indian IT stocks and Reliance Industries (RIL) could gain traction and cyclical stocks including banks might lag
In the past week, the S&P BSE Finance index has rallied 10 per cent, against a 5 per cent gain in S&P BSE Sensex.
The stock of the private sector lender has outperformed the market by surging 10 per cent in the past week, as compared to a 5.6 per cent rise in the S&P BSE Sensex.
Analysts remain positive on SBI Cards' long term structural story and the spends inching toward pre-Covid levels.
The overall trend in paints stocks is still bullish with mild profit-booking.
The company said the remarkable turnaround of auto sector, both in passenger vehicles and two-wheeler segments, aided sales volumes during the quarter
Asian stock markets were mixed after Wall Street rose amid protracted vote-counting following this week's US elections
In Q2FY21, the company's net profit after tax grew 64 per cent YoY at Rs 9.5 crore, on the back of 28 per cent growth in operational revenues at Rs 123.3 crore over the previous year quarter.
The company reported an increase of 40 per cent YoY in Ebitda/t at Rs 1,457 due to a conscious and continuous containment of both variable & fixed costs
Revenue from operations grew 9 per cent to Rs 1,742.55 crore during the quarter under review.
RIL has now recovered 9 per cent in past three trading days and erased most its losses reported post September quarter results