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 capital market regulator, the Securities and Exchange Board of India (SEBI) has introduced a significant update to its insider trading regulations. The recent amendment allows the subscription to non-convertible securities when the trading window is closed. This adjustment aims to provide market participants with greater flexibility while maintaining investor protection mechanisms. Exemptions Under SEBI …
As the year 2024 concludes, investors are gearing up for the new trading year. One question often asked at this time is whether the stock markets will remain open on January 1, 2025. According to the 2025 holiday calendar released by the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), trading will proceed …
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 Indian stock market has been riding a wave of optimism as the Nifty 50 index looks set to close in 2024 with a modest 9% gain, following an impressive 20% rise in 2023. As we step into 2025, several key factors and challenges are likely to shape the market’s trajectory, with domestic and global …
India’s stock market has witnessed an unprecedented rise in investor participation, reflecting a growing trend of financialisation of savings. According to data released by the National Stock Exchange (NSE), November 2023 recorded a staggering addition of 42,76,207 investors, marking a significant milestone in the country’s equity market expansion. November Sees Record Investor Additions The NSE …
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 …
India’s domestic market capitalisation surged 18.4% to $5.18 trillion in 2024, adding $806 billion in value, making it the third-best performer globally among the top 15 major markets. US Leads Global Gains, Big Tech Drives Growth The United States, the world’s largest equity market, saw a remarkable 25.6% increase in market capitalisation, amounting to a …
The Goods and Services Tax (GST) Council has revised the taxation framework for old and used vehicles, including electric vehicles (EVs). A uniform GST rate of 18% now applies, replacing earlier variable rates. This change aims to simplify taxation; however, clarifications provided by Union Finance Minister Nirmala Sitharaman following the 55th GST Council meeting have …
