With a 10 per cent fall in equity markets, the embedded value of LIC declines by 7 per cent
Insolvency resolution should not be weakened
Inflation data, global trends and foreign fund trading activity are the major factors that would drive the domestic equity market this week, said analysts. The last batch of the ongoing quarterly earnings would also influence trading, they added. Unabated foreign fund inflows and a rally in global equities drove the equity benchmarks higher on Friday. The 30-share BSE benchmark Sensex on Friday zoomed 1,181.34 points or 1.95 per cent to settle at 61,795.04 -- surpassing its previous closing peak of 61,765.59 hit on October 18, 2021. "The sentiment will continue to be driven by the movement of the world markets. The market will be keeping an eye on our domestic inflation statistics," said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd. Ajit Mishra, VP - Research, Religare Broking Ltd, said, participants will be eyeing crucial macroeconomic data -- CPI and WPI inflation for cues. Besides, the performance of global indices and foreign flow trends will also remain on
Softer-than-expected retail inflation triggers global rally
The National Stock Exchange (NSE) on Thursday warned investors not to fall prey to investment schemes with assured returns offered by Sameer Gulabrao Thite associated with Samsan Unitrade. The exchange pointed out that the person and the entity are not registered either as a member or authorised person of any registered member of the NSE. The cautionary statement comes after the NSE noticed that Sameer Gulabrao Thite associated with Samsan Unitrade was offering the service to handle trading accounts of investors by asking them to share their user identification (user ID) and password. "Investors are cautioned and advised not to subscribe to any such scheme/product offered by any entities/persons offering indicative/assured/guaranteed returns in the stock market as the same is prohibited by law," the exchange said in a statement. Further, investors have been asked not to share their trading credentials such as user ID and password with anyone. Earlier, the exchange had issued simil
The 30-share BSE Sensex ended 151.60 points or 0.25 per cent lower at 61,033.55
The company received bids for 7,21,742 shares against 3,04,88,966 shares on offer
The NSE MD & CEO made the comments while addressing its investors during the exchange's first-ever quarterly earnings concall
The long-awaited pivot away from US equities may finally be at hand, and India may benefit from this shift
Written submissions sought after hearings held in August
The S&P BSE Sensex closed at 60,950.36 on Friday. This is 815 points away from the October 18 all-time closing high of 61,765.60
Policy loopholes are encouraging many promoters to exit their companies stealthily, raising the question: Should promoters be in control after pledging their shares?
Benchmark indices gained in 11 of the past 12 trading sessions
Stock market wrap: Reliance alone contributed 231 points to the 30-share benchmark. Maruti, M&M and NTPC were the other major gainers. The Metal and IT sector witnessed selling pressure.
Muhurat Trading Session Wrap: Financial shares led by ICICI Bank, HDFC twins top gainers chart. Nestle, L&T also up smartly, while Hindustan Unilever sheds 3 per cent.
The BSE MidCap index fell about 4 per cent in Samvat 2078, while the BSE SmallCap index added 0.4 per cent
Currently, the entity getting merged is removed from the index and later the weightage of the merged entity is increased
This is the second block deal by Invesco in seven months, which offloaded 7.8% stake in Zee Entertainment in April
The Muhurat trading session on October 24, 2022, will mark the beginning of Samvat 2079
The fall in the Indian market is far subdued, compared to many global peers that have slipped into bear-market territory