Leading stock exchange BSE on Tuesday said it has added 1 crore registered investor accounts to its platform in a span of 148 days, taking the total count to 12 crore. The exchange added one crore investors' accounts between July 18 and December 13, BSE said in a statement. In comparison, the exchange took 124, 91, 85 and 107 days for the previous milestones of 11 crore, 10 crore, 9 crore and 8 crore, respectively. "BSE crossed the milestone of 12 crore registered users based on Unique Client Code (UCC) on December 13, 2022," the exchange said. Of the 12 crore users, 42 per cent fall in the 30 to 40 age brackets, followed by 23 per cent in 20-30 years and 11 per cent in the 40-50 age bracket. In terms of states, Maharashtra leads in terms of investors with a share of 20 per cent of the total 12 crore investors. This was followed by Gujarat at 10 per cent, Uttar Pradesh at 9 per cent and Rajasthan and Tamil Nadu at 6 per cent each. The exchange did not specify how many of these ..
Indian markets are holding on despite ongoing global chaos, thanks to supportive cyclical and structural factors, says Surana
Lighthouse India Fund and two individual investors Mala Gaonkar and Narotam Sekhsaria sold shares worth nearly Rs 500 in Nykaa
The plain-vanilla SIP, however, is simple and doesn't require a lump sum
Buch said several decisions taken by the Sebi board were aimed at liberalisation and promoting market development
The Nifty Smallcap 100 Index is currently down 15 per cent YTD
Hero Future Energies aims expansion in green hydrogen and battery storage
On Wednesday, Sensex reclaimed the 60,000-level after a gap of over four months
Price at which you enter these stocks will differ, altering their risk-return profile
(Reuters) - Emerging Asian equities ex-China saw monthly foreign inflows in July, after six months of capital withdrawals, as investors bet that the size of U.S. interest rate hikes would ease, and that a recent drop in commodity prices would temper surging inflation.
In four days, the BSE benchmark has jumped 2,847.01 points or 5.15%
The recent sell-off had made some stocks attractive, hence traders bought IT, metals and telecom stocks, says an analyst
Zambia's previous government put KCM in the hands of a liquidator in May 2019, triggering the ongoing legal dispute with Vedanta Resources, KCM's parent company.
CLOSING BELL: Bajaj twins, Coal India, JSW Steel, Apollo Hospitals, ITC, ICICI Bank, RIL, and HDFC Bank were the top Nifty gainers, rising between 0.8 per cent and 3 per cent
They could be taxed as much as 30% of the value of tokens received and they won't be able to offset any gains in the new token against losses from the previous one
Equity investors' wealth jumped by over Rs 10.19 lakh crore in the three-day market rally to Monday. On Monday, the 30-share BSE Sensex soared by 1,041.08 points or 1.90 per cent to settle at 55,925.74. In three days, the bechmark has zoomed 2,176.48 points or 4 per cent. Helped by jump in equities, the market capitalisation of BSE-listed firms went up by Rs 10,19,936.84 crore to Rs 2,58,47,092.40 crore in three days. "Indian markets witnessed a smart rally on the back of positive global cues and early arrival of monsoon giving hopes of slowdown in inflation. On the global front, European and Asian markets edged higher following US market rally on last Friday," said Siddhartha Khemka, Head - Retail Research at Motilal Oswal Financial Services Ltd. Among Sensex stocks, Titan rose the most by 4.94 per cent, followed by Mahindra & Mahindra that rallied 4.69 per cent, Infosys by 4.57 per cent, L&T by 3.77 per cent, Tech Mahindra by 3.59 per cent, HCL Technologies by 3.57 per cent,
Investors fretted over stagflation risks and Federal Reserve's more hawkish stance to rein in inflation by opting for more rate hikes
Since 1900, the US has been the best-performing stock market with an annualised real return of 6.7 per cent
Feeble global cues, foreign fund outflows and concerns over policy tightening by central banks have led to the selling pressure, experts said
Equity investors became richer by more than Rs 2.99 lakh crore on Tuesday as the Union Budget was well received by the stock market. On the Budget Day, the 30-share BSE index jumped 848.40 points or 1.46 per cent to settle at 58,862.57. During the day, it gained 1,018.03 points to 59,032.20. It was merriment on the Dalal Street, as the market capitalisation of BSE-listed companies jumped by Rs 2,99,354.61 crore to Rs 2,67,40,561.79 crore. This is the second day of gain for the market and in two days investors' wealth has zoomed Rs 6,32,857.56 crore to reach Rs 2,67,40,561.79 crore. "The equity markets were cheerful on announcement of huge outlay of capital expenditure in overall infrastructure development. This Union Budget will also lay the foundation for economic growth through public investments as India emerges from a pandemic induced slump. "Hardly any tinkering with tax & avoiding populist measures was also received well by the market participants," said Devang Mehta, Head