The AMFI or Association of Mutual Funds in India has released a notification asking AMCs operating under its wing to stop taking fresh investments, both SIPs and lump sums in foreign securities. As per RBI’s directives, mutual funds operating under SEBI has a total cap of $7 billion in foreign investment. Additionally, the separate investment …
On Tuesday, the spot level prices of Gold remained stable as the yellow metal was supported by the rising inflationary pressures. This week’s inflation data is expected to influence the US Federal Reserve’s further course of action. This played a major role in stacking the gold up near the previous week’s high. At 0100 hours …
There has been a sharp fall in the Indian share market on Monday, 24 January 2022. Nifty 50 closed at 17,150, falling over 450 points, and BSE Sensex fell 1,545 points to close at 57,500. Within the past few days, the Indian share market has seen an erosion of around Rs. 19.5 lakh crores. Share …
Finance minister Nirmala Sitman is likely to give a tax break to overseas investors in the upcoming Finance Budget of 2022. In January so far, although Foreign Portfolio Investors (FPIs) have been net buyers with net buying of more than Rs. 3,000 crores, they have been the sellers in debt securities. This has raised an …
The holdings of foreign portfolio investors in India’s equity markets have gone up by $112 billion to hit $667 billion towards the end of the first half of the current financial year (April to September 2021), according to a brokerage report. Out of the $667-billion FPI assets under management, the highest year-to-date allocation was in the IT …
Even as benchmark indices Sensex and Nifty touch new highs, the country’s equity market has reportedly emerged as the leading performer among key economies. From data reported in news reports, the benchmark index (Nifty) in India has risen 45 per cent and 19 per cent in the past one year and year-to-date (YTD), respectively. Accordingly, …
The recent crackdown by China on tech companies may likely be advantageous to India as global wealth and funding may come India’s way. With new regulatory frameworks, Chinese tech stocks have collectively seen an erosion of $1.5 trillion. During the August 14-21 week, over $560 billion worth of market value was reportedly erased from the …
A Brief Overview In the past few weeks, as the United States of America has sought to withdraw from the mineral-rich country of Afghanistan after a period of 20 years, the Taliban has strengthened its stronghold on the country and now seeks to reign supreme. Set against this backdrop, the political future of the country …
Stock Market and Trading has become a conversation starter in the new and young India. Indians have turned towards the world of trading as the pandemic has given them a new avenue to be hooked on. A new investor can start small with very little money and invest in any company he fancies. There has …
Recent Asian Equities Surge Most Asian markets rose on Monday, extending a surge that pushed global shares to new highs after a US report showed the economic recovery was still intact but didn’t necessitate a withdrawal of the Federal Reserve stimulus just yet. The Nikkei, on the other hand, bucked the trend, dropping 0.5 percent …
