Foreign Portfolio Investors (FPIs) have pulled out ₹22,194 crore from Indian equities as of January 10, 2025. This follows a net inflow of ₹15,446 crore in December 2024, indicating a sharp reversal in investor sentiment. Key Reasons for FPI Withdrawal The significant sell-off by FPIs is driven by several global and domestic factors, including: Weak …
The bank holidays in January 2025 are out. Many people are curious to know if banks will remain closed during the festivals of Lohri (January 13) and Makar Sankranti (January 14). Here’s what you need to know. Are Lohri and Makar Sankranti Bank Holidays? Lohri (January 13) Banks will remain open on Lohri. It is …
This week on Dalal Street is packed with shareholder-centric events, including dividends, stock splits, and bonus share issuances. Several major companies, such as Tata Consultancy Services (TCS), Kitex Garments, and Jai Balaji Industries, have planned key corporate actions aimed at rewarding shareholders and improving market liquidity. Here’s a detailed breakdown of what’s in store. Upcoming …
India is poised to sign a preliminary agreement with Mongolia, paving the way for cooperation in geology and exploration, as per news reports. This development is expected to bolster India’s access to copper and coking coal, which are crucial for its growing energy, construction, and steel sectors. A Strategic Partnership The proposed agreement has been …
The Indian benchmark indices NSE Nifty 50 and BSE Sensex witnessed heightened volatility during the week ended Friday, Jan 10, 2024. The week started with extreme selling pressure on Jan 6, 2024, when Nifty 50 and Sensex dropped 1.62% and 1.59%, respectively. The selling was primarily caused by the increase in HMPV cases, FPI selling, Donald Trump’s expected return …
On January 10, 2025, the BSE Sensex ended in red closing at 77,378.91, down by 0.31% and the NSE Nifty50 closed at 23,431.50, declining by 0.4%. Sectoral Performance On Friday, Nifty Media, Nifty Midsmall Healthcare and Nifty Realty ended in the red. Nifty IT ended in the green, where it rose by over 3%. Top Gainers and …
Leah and Maya Tata, the daughters of Tata Trusts Chairman Noel Tata, have been inducted onto the board of trustees of the Sir Ratan Tata Industrial Institute (SRTII), a key subset of Sir Ratan Tata Trust. The trust is one of the two principal shareholders of Tata Sons, the holding company of the Tata Group. …
Real estate fractional ownership platform Strata has officially received a licence from the Securities and Exchange Board of India (SEBI) to launch small and medium-scale real estate investment trusts (SM REITs). This marks a significant milestone for the platform in expanding its investment offerings. Strata’s SEBI licence is the fourth granted by the capital market …
On Friday, January 10, the Indian stock market saw continued declines, with both the BSE and NSE falling for the third consecutive session. The losses for both indices were more than half a percent during intraday trade. The Sensex dropped over 500 points, reaching a low of 77,099.55, while the Nifty 50 fell by more …
The Indian equity markets closed in negative territory on Thursday, January 9, 2025, with the NSE Nifty 50 falling 162.45 points (0.69%) to settle at 23,526.50 during the weekly expiry session. Broader indices mirrored the downtrend, led by declines in Small-cap and Midcap stocks. Among sectoral indices, FMCG emerged as the sole gainer, while Realty, …
