CALCULATE YOUR SIP RETURNS

Market Updates - Angel One

FinNifty: Everything You Need to Know About Its Valuation

FinNifty: Everything You Need to Know About Its Valuation

7 November 2024

Introduction to FinNifty The NIFTY Financial Services (FinNifty) is a sectoral index on the National Stock Exchange (NSE) that tracks the performance of India’s financial services sector. Comprising 20 stocks from banks, non-banking financial companies (NBFCs), housing finance firms, financial institutions, and other financial service providers, it offers a comprehensive snapshot of the sector. The …

BSE Smallcap: Are Valuations Stretched? A Closer Look into the Metrics

BSE Smallcap: Are Valuations Stretched? A Closer Look into the Metrics

7 November 2024

The S&P BSE Small-Cap Index tracks small-sized companies on the Bombay Stock Exchange (BSE), with 946 companies listed. It is heavily weighted in the financial (6%) and chemical (6%) sectors, followed by pharmaceuticals (5%) and IT, steel, auto ancillary, and infrastructure sectors (4% each). The index has delivered strong performance, up 30% YTD and 46% …

Indel Money Public Issue Oversubscribed by 156.51%, Offers a Yield of up to 13.44%

Indel Money Public Issue Oversubscribed by 156.51%, Offers a Yield of up to 13.44%

7 November 2024

Indel Money Limited’s latest Non-Convertible Debenture (NCD) offer witnessed robust investor interest, culminating in an oversubscription of 156.51%. Launched as the company’s fifth public issue, this secured and redeemable NCD issue had a face value of Rs 1,000 per unit and was initially aimed at raising Rs 75 crore. The NCD issue, which opened on …

MSCI November Rejig: What Changed for Indian Stocks

MSCI November Rejig: What Changed for Indian Stocks

7 November 2024

In its November 2024 review, MSCI made adjustments across Indian stocks, impacting both domestic and global indices. These changes, effective November 25, 2024, are expected to draw around $2.5 billion in passive inflows to Indian equities, showcasing the rising influence of Indian stocks in global markets. Changes in the MSCI India Domestic Small Cap Index …

Closing Bell: Nifty 50 and Sensex, Metal, Pharma Shares Led the Fall

Closing Bell: Nifty 50 and Sensex, Metal, Pharma Shares Led the Fall

7 November 2024

On November 07, 2024, the benchmark equity indices ended in red. Nifty 50 was down 1.16% and settled at 24,199.35 while Sensex was down 1.04% to 79,541.79. Nifty Bank was down 0.77% to 51,916.50. The volatility indicator Nifty VIX was up 1.05% to 15.03, reflecting a rise in volatility. Sectoral Performance All sectors closed in …

Nifty 50 and Sensex: Mid-Day Market Review

Nifty 50 and Sensex: Mid-Day Market Review

7 November 2024

The Indian benchmark indices Nifty 50 and Sensex dragged to negative territory after the US Election results and Donald Trump’s landslide victory. Investors turned cautious ahead of the US Fed’s interest rate decision.  At 09:17 Nifty 50 stood at 24,489.60, up 5.55 points or 0.02% and Sensex stood at 80,248l, down 129.87 points or 0.16%. …

Rupee at All-Time Low – Know the Reasons Behind This Fall

Rupee at All-Time Low – Know the Reasons Behind This Fall

7 November 2024

Introduction: The Rupee’s Record Low On Thursday, the Indian rupee slipped to a record low of 84.2950 against the U.S. dollar, edging past the previous all-time low of 84.28. This drop is largely attributed to global economic factors, especially expectations surrounding Donald Trump’s potential economic policies if he returns to the White House. These changes …

Sebi proposes easier norms for designated employees of AMCs

Sebi proposes easier norms for designated employees of AMCs

7 November 2024

As the watchdog for the Indian securities market, SEBI was established on April 12, 1992. Established on April 12, 1992, SEBI is essentially a statutory body of the Indian government. It was introduced with the intention of promoting transparency in the Indian investment market. In addition to its headquarters in Mumbai, the organization maintains regional …

6 Things to Know Before Market Opens on November 07, 2024

6 Things to Know Before Market Opens on November 07, 2024

7 November 2024

On November 07, the Indian stock market is likely to be impacted as mixed signals emerged from global markets following Donald Trump’s win in the 2024 US presidential election. Gift Nifty was trading around 24,440, about 150 points below Nifty futures’ last close. Previous Trading Session  On Wednesday, the Indian stock market saw a strong …

Nifty Bank Valuations Near Multi-Year Lows: Attractive for Investors?

Nifty Bank Valuations Near Multi-Year Lows: Attractive for Investors?

6 November 2024

Bank Nifty Performance  The month of October witnessed a significant market sell-off, with foreign institutional investors (FIIs) selling over Rs 1 lakh crore, marking one of the worst months recently. This correction has affected the stock market, with many sectors declining between 10% and 15%. It’s interesting to see how valuations stand across different sectors. …

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Open Free Demat Account!
Join our 3 Cr+ happy customers