A Roller Coaster Week for Indian Equity Markets Last week was none less than a roller coaster ride for the Indian equity markets. On June 3, the BSE Sensex and the NSE Nifty 50 gained more than 3%, recording their largest single-day gain in three years and closing at record highs. This surge came after …
The NSE benchmark Nifty 50 index opened the session on a high note and swiftly climbed to a fresh all-time high of 23,411.90, surpassing its previous high reached on June 3, 2024, amid optimism from exit polls. Early Optimism and Profit Booking Despite the initial burst of enthusiasm, profit booking soon became the order of …
Foreign Portfolio Investors (FPIs) have continued to sell Indian equities heavily in the first week of June 2024, despite a market rebound. Here’s a detailed look at the FPI activity and its impact on the Indian stock market. FPI Selling Spree 1. Heavy Selling in June: In the first week of June, FPIs offloaded equities …
The Securities and Exchange Board of India is the regulatory body for securities and commodity markets in India under the administrative domain of the Ministry of Finance within the Government of India. The market regulator, SEBI has issued a circular under which it has announced that to make it more convenient for investors their respective …
The Reserve Bank of India (RBI) has introduced new regulations that simplify the process for Indian companies and individuals to invest in offshore funds. This move is aimed at encouraging more international investments by providing greater flexibility and removing previous restrictions. Here’s a breakdown of the new rules and what they mean for investors. Key …
On Friday, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) voted four-to-two to keep the benchmark repurchase rate at 6.5%. This decision aligns with the forecasts from all 34 economists surveyed by Bloomberg. The six-member panel also maintained its hawkish policy stance, emphasizing a “withdrawal of accommodation” approach. Political Context and …
Empowering Defense Procurement through GeM In a historic feat, the Ministry of Defence (MoD) has shattered records by surpassing the Rs 1 Lakh Crore mark in total order value transacted through the Government e-Marketplace (GeM) portal. This monumental achievement, also known as Gross Merchandise Value (GMV), underscores MoD’s unwavering commitment to optimizing public spending in …
The Union Budget 2018 presented by Arun Jaitley was in the strict sense of the word a macro budget. It takes a look at the big picture and focuses on the larger aspects like the farm distress, the MSME sector, rural purchasing power, middle class and the senior citizens etc. It may be recollected that …
FMCG sector has become the casualty of the Central bank’s decision to ignore inflation in its latest Monetary Policy Review. The inflation rates of retail in India breached the upper tolerance levels set during the tenure of Raghuram Rajan, the former RBI Governor. The stats reflect a seven-month high rate of 6.01% in January 2022. …
Indian equity markets in the past few days witnessed some FII outflow. However, despite the consistent outflow, the benchmark Indices have remained resilient and outperformed the emerging market peers. The Benchmark indices have remained resilient, and a few of the broader indices like Small-Cap and Mid Cap have witnessed some profit booking. Amid all these …
