The Nifty Smallcap 100 Index captures the performance of the small-cap segment of the Indian financial market. This index comprises 100 tradable stocks listed on the National Stock Exchange (NSE) and is calculated using the free-float market capitalisation method. The index level reflects the total free-float market value of its constituent stocks relative to a …
The BSE Sensex, launched on January 1, 1986, is India’s most tracked and iconic stock market index. It comprises 30 of the largest, most liquid, and financially robust companies across key sectors of the Indian economy, all listed on the Bombay Stock Exchange (BSE). Known as a barometer of India’s economic health, it reflects the …
The Nifty Bank Index is a vital benchmark for tracking the performance of Indian banking stocks. This index consists of the most liquid and significant banking companies listed on the National Stock Exchange of India (NSE), with a maximum cap of 12 constituent companies. The index is calculated using the free float market capitalisation method, …
The Nifty50 index began the week on a flat note but faced profit booking as the session progressed. On December 16, 2024, the index hit an intraday low of 24,601.75 before rebounding, aided by gains in banking and financial stocks. Despite this recovery, the index closed 0.4% lower, ending the day above the 24,650 mark. …
On December 16, 2024, the BSE Sensex and NSE Nifty50 closed in the red, echoing weak sentiment across Asian markets. The 30-share Sensex declined by 384.55 points (0.47%) to settle at 81,748.57, moving between a high of 82,116.44 and a low of 81,551.28 during the session. Similarly, the NSE Nifty50 dropped 100.05 points (0.40%) to …
In a landmark move, SEBI has proposed a draft framework to allow retail investors to participate in algorithmic trading (algo trading). The initiative, open for public feedback until 3 January 2025, seeks to create an inclusive and accountable trading ecosystem. Decoding the Proposal SEBI’s draft circular highlights measures to ensure market integrity while extending algo …
The Securities and Exchange Board of India (SEBI) has introduced several significant changes to the Listing Obligations and Disclosure Requirements (LODR) regulations. These changes cover critical areas such as related party transactions (RPTs), promoter reclassification, secretarial audits, and ease-of-doing-business measures. The amendments are designed to improve transparency, simplify compliance, and enhance corporate governance in listed …
On December 13, 2024, the BSE Sensex ended in green closing at 82,133.12, up by 1.04% and NSE Nifty50 closed at 24,768.30, rising by 219.60 points or 0.89%. Sectoral Performance On Friday, Nifty Metal, Nifty Midsmall Healthcare and Nifty Media ended in the red. Nifty FMCG and Nifty Consumer Durables ended in the green. Nifty FMCG rose …
Pilani Investment and Industries Corporation Ltd has taken a significant step in its corporate journey by applying to the Reserve Bank of India (RBI) for conversion from a Non-Banking Financial Company (NBFC) to a Core Investment Company (CIC). This move aligns with its strategic objectives and adherence to RBI regulations governing financial entities. What Is …
Mutual fund investors can now cancel their Systematic Investment Plans (SIPs) faster, as the Securities and Exchange Board of India (SEBI) has reduced the processing time to two working days. This updated guideline, effective from December 1, 2024, replaces the earlier timeline of 10 working days. Key Changes in SIP Cancellation Uniform T+2 Timeline: All …
