Stock Market LIVE Updates: Sensex tumbles over 900 pts, Nifty below 24K; Sun Pharma drops 4%, Infosys 2%. On Monday, Indian benchmark indices Sensex and Nifty declined, primarily due to losses in banking, financial, and IT sectors. Investor sentiment was cautious ahead of the U.S. presidential election and anticipated interest rate cuts by the Federal…
The Indian stock market is closed today, November 1, 2024, for the Diwali Laxmi Pujan holiday. This marks the first of two trading holidays in November; the next closure is scheduled for November 15, 2024, in observance of Guru Nanak Jayanti. Additionally, the market will be closed on weekends throughout the month: November 2, 3,…
Sensex Today | Stock Market LIVE Updates Key equity indices, Sensex and Nifty50, traded lower on Wednesday due to declines in banking and financial stocks. This drop is influenced by ongoing foreign selling and disappointing corporate earnings Market Highlights: Market Update: Brokerage Take: UBS on Cipla UBS has kept a “buy” rating on Cipla’s stock…
The allotment status for the Waaree Energies IPO was made public on Friday. Following the ‘T+3’ listing rule, applicants anticipated this announcement after three days of strong bidding that ended on Wednesday evening. The listing date for Waaree Energies shares is set for October 28, 2024 (next Monday). Starting at 10:00 AM on that day,…
Both the Sensex and Nifty experienced losses for the fourth straight day. FMCG and auto stocks saw selling pressure after major companies reported disappointing results. The Sensex and Nifty dropped for the fourth consecutive day, with FMCG and auto stocks facing selling pressure due to disappointing results from major companies. Ongoing foreign sales affected market…
Stock exchanges facilitate trading in listed shares and securities, including bonds and commodities. They enable companies to list their stock publicly, generating extra capital for their operations. Additionally, stock exchanges provide investors with a platform to trade, facilitating wealth creation. In India, the prominent stock exchanges are the NSE and BSE. What is NSE? Founded…
Stock exchanges are pivotal in facilitating the trading of listed shares and securities such as bonds and commodities. They provide a platform for companies to list their stock publicly, enabling them to generate additional capital for their operations. Investors benefit from this platform by engaging in trading, which can lead to wealth creation. In India,…
The Emcure Pharmaceuticals IPO has witnessed an overwhelming response from investors. On the third day of bidding, the IPO was oversubscribed with non-institutional investors leading the charge. As per the BSE data at 13:00 IST, the subscription status stood at an impressive 11.63 times. Non-institutional investors subscribed 31.67 times, retail investors booked their portion 5.36…
Bonds are fundamental financial instruments used by governments, municipalities, and corporations to raise capital. These entities issue bonds to investors to secure the funds needed for various projects, operations, or financial needs. Essentially, bonds represent a form of debt where the issuer borrows money from investors, promising to repay the principal amount at a future…
Duration funds, which invest in longer-maturity bonds, have the potential to generate higher returns compared to funds with shorter durations. When interest rates decline, the prices of longer-duration bonds rise more than shorter-duration bonds, allowing duration funds to capture greater capital appreciation. This can lead to stronger overall returns for investors during periods of falling…
