In order to streamline trading schedules, the National Stock Exchange of India (NSE) has recently announced changes to the expiry days of several index derivatives contracts. The new schedule, effective from January 1, 2025, is to align expiry dates for efficiency and reduced operational complexity. This announcement follows a similar update by the Bombay Stock …
The Indian equity markets closed in 2024 on a mixed note, with a downward trend dominating December. Investors are now looking to closely monitor Dalal Street’s performance in January 2025, as several global and domestic developments are expected to influence market sentiment. Historical January Challenges for Markets Historically, January has proven to be a tough …
On December 31, 2024, the BSE Sensex and NSE Nifty 50 ended the year’s final trading day with slight losses. The indices, which initially dropped sharply due to weak global cues, managed to recover most of the day’s losses by the closing bell. The BSE Sensex, which fell to a low of 77,561 earlier in …
Planning vacations and managing finances will become simpler with a clear understanding of bank holidays in 2025. Each state in India observes specific bank holidays depending on regional festivals, in addition to three national holidays: Republic Day (January 26), Independence Day (August 15), and Gandhi Jayanti (October 2). Furthermore, banks remain closed on the second …
The Bombay Stock Exchange (BSE) earlier announced a significant revision in the expiry days for its Sensex, Bankex, and Sensex 50 index derivatives contracts, effective from tomorrow January 1, 2025. This change is part of a broader initiative to streamline trading processes and align expiry schedules more effectively with market practices. New Expiry Schedule for …
Mukesh Ambani and Gautam Adani have both dropped out of Bloomberg’s $100 billion club for 2024 due to business challenges. Ambani faces concerns over rising debt and underperforming sectors, while Adani deals with a U.S. probe and fallout from a fraud report. Challenges Weigh on India’s Richest Billionaires India’s richest individuals, Mukesh Ambani and Gautam …
On December 17, 2024, benchmark equity indices BSE Sensex and NSE Nifty 50 experienced steep declines, dropping over 1% each due to widespread selling pressure. The Sensex fell by 1,064.12 points, or 1.30%, to close at 80,684.45. Throughout the session, the index fluctuated between 81,613.64 and 80,612.20. Similarly, the Nifty 50 dropped 332.25 points, or …
On December 30, 2024, the Indian stock market ended the week’s first session in the red. The BSE Sensex dropped 450.94 points (0.57%) to close at 78,248.13. Throughout the session, it moved between 79,092.70 and 78,077.13. Similarly, the NSE Nifty50 slipped 168.50 points (0.71%) to end at 23,644.90 after trading in the range of 23,915.35 …
The Indian rupee traded at 85.55 against the US dollar during Monday’s afternoon session, reflecting a 0.20% decline from its previous close. This downturn was driven by foreign fund outflows, a stronger US dollar (USD) supported by month-end demand, and mounting concerns about India’s economic growth slowdown and widening trade deficit. Market Volatility and December …
The Sensex closed higher by 226 points, or 0.29%, at 78,699.07 in the final trading session of the week. The index moved within a range of 78,598.55 to 79,043.15 during the day. Similarly, the Nifty50 gained 63 points, or 0.27%, to settle at 23,813.40, with a high of 23,938.85 and a low of 23,800.60. Top …
