The rally was underpinned by strong inflows from foreign portfolio investors (FPIs)
Experts say gains by Indian equities will be steady if is no crude oil price surge
Experts say gains by Indian equities will be steady if is no crude oil price surge
Having spent nearly two decades at the country's largest bourse, Ramamurthy is among the early architects of NSE and understands all the cogs of the exchange wheel like only a few others
Buch calls for independence of emerging economies in ESG matters, carbon credit pricing
Experts to advise changes to framework around FPI, takeover code and social stock exchanges
The scheme ends on January 19, 2023; terms and conditions will be made available on date of commencement
The index has rallied over 20% from its 52-week low led by metals, financials and FMCG shares. Do these sectors have enough legs to take the indices further higher or is it time for sector rotation?
Industry says exemption for those staying invested for over three years will help channelise flows into financial assets
Any delay in dividend payment beyond seven working days to attract interest charge at 15% a year; investors to get redemption money within three working days, from 10 earlier
Market volatility and lacklustre 1-yr returns weigh on activity
CLOSING BELL: Reliance Industries, Wipro, IndusInd Bank, Axis Bank, Tech M, Tata Steel, Maruti Suzuki, and M&M were the top Sensex gainers, rising between 0.5 per cent and 1.2 per cent
The market capitalisation of the equity market is almost Rs 290 trillion, but the corporate outstanding is at Rs 40 trillion, indicating more traction is needed on the debt side
Since September 29, the index has added 1,666 points, of which 1,320 points - nearly 80 per cent - have been contributed by 10 stocks
US Fed minutes indicate slower pace of rate hikes, investors cheer
CLOSING BELL: A surprise dovish tone by the US Federal Reserve, where it said that the central bank is looking to slow the pace of rate hike, cheered market bulls
Says India's 'superior' earnings growth appears to be priced in, sees 'modest' contraction in P/E multiples going ahead; stay overweight on banks, insurers, and investment cyclicals
However, the timeline issue for many FPIs remains, as the relaxation still compels them to book forex during non-market hours
CLOSING BELL: SBI, Bajaj Finance gain, while Adani Enterprises slips in trade on Wednesday. Debutant Inox Green Energy ends at 9 per cent discount to its issue price.
Scheme provides a settlement opportunity to entities that have executed trade reversals in stock options from April 2014 to Sept 2015, and against whom adjudication proceedings are pending