Keep in mind that gifts of above Rs 50,000 from non-relatives are taxable in the recipient's hands, except during a wedding
The platform aims to give retail investors an option other than FDs and stocks, and also wants make lease finance a popular choice for firms seeking asset-light business models
Akshaya Bhargava's fintech firm Bridgeweave covers 4,500 global stocks and 1,500 ETFs in 15 markets. Its AI algorithms do over 800 mn calculations a day, something impossible for a regular investor
Higher competition may lead to market share loss
The stock has seen a six-fold jump in value over the last one year
HDFC Bank ranked number 16 for overall equity deals business last year, and number 29 in 2019, according to Bloomberg.
Jefferies maintained the 'buy' call on RIL with a target and Rs 2,580 or 30 per cent upside.
The MSCI India Index has beaten a broader gauge of developing nation shares by about 5 percentage points in 2021
The expectation that restrictions may last weeks and not months explains the market's apparent casual view of the pandemic
If the earnings slow, interest rates rise or there is an external shock, the market will fall sharply
Shares of Barbeque-Nation Hospitality fell 2% in their market debut on Wednesday, after the casual dining restaurant chain raised about Rs 4.53 billion through an IPO
CY20 was a unique year that witnessed one of the sharpest falls in the markets in recent years and an equally sharp recovery, says Singhania
India has handled the pandemic rather well, companies have become more efficient, and there is a cyclical recovery underway, said Abhiram Eleswarapu, head of equities at BNP Paribas India
Reducing promoter pledge further can help drive stock gains
A focus on localisation and increase of duties in select sectors are also expected to boost manufacturing across sectors.
Gupta, the only female chief executive officer of a major asset manager in India, says it's "risky to be underweight equities" at a time when local stocks remain "heavily" driven by liquidity
The market capitalisation of BSE-listed companies zoomed to a fresh lifetime high of over Rs 195.21 trillion in morning trade on Friday as markets returned to winning ways after two days of decline
Foreign portfolio investors (FPIs) own more than 24 per cent of the domestic market
Leading stock exchanges BSE and NSE have declared Anugrah Stock & Broking as a defaulter and have expelled the brokerage house from respective memberships. The move comes days after a similar action was taken by the stock exchanges against Karvy Stock Broking. "The exchange has declared Anugrah Stock & Broking Pvt Ltd, a corporate trading member, of the exchange as defaulter... also expelled the said trading member... with effect from November 27, 2020," BSE said in a circular on Friday. Investors having any outstanding claims against the brokerage house have been asked to file their claims with the exchange within 90 days (by February 25, 2021), it added. In a separate circular on Thursday, NSE said the trading member has been "expelled from the membership of the exchange... and has been declared as defaulter... with effect from November 26, 2020, after close of market hours". On November 13, markets regulator Sebi suspended Anugrah Stock & Broking Pvt Ltd (ASBPL) till ...
Morgan Stanley, Goldman Sachs Group Inc. and JPMorgan Asset Management are among a number of prominent names talking up prospects for the country's shares in recent days