New Delhi (IANS) In the cash market, FPIs were sellers after three months of sustained buying. In August, FPIs sold stocks for Rs 20,620 crores in the cash market, says V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services. … read more
New Delhi (IANS) Bank notes of 2,000 denomination worth Rs 3.32 lakh crore have been received back by banks till August 31, according to data collated by the Reserve Bank of India (RBI). Consequently, Rs 2,000 banknotes in circulation at … read more
New Delhi (IANS) The National Company Law Appellate Tribunal (NCLAT) on Thursday granted permission to Ireland-based lessor Jackson Square Aviation Ltd to inspect its aircraft leased to cash-strapped Go First. This decision follows a similar observation made in the case … read more
New Delhi (IANS) Leading digital payments platform PhonePe on Wednesday announced its entry into the stock broking business, and launched an app called ‘Share.Market’, allowing users to open their trading accounts and invest in stocks, mutual funds and ETFs. According … read more
New Delhi (IANS) Nifty Smallcap and Midcap indices have managed to register fresh all-time highs on closing basis, Devarsh Vakil, Deputy Head of Retail Research at HDFC Securities, said on Tuesday. Breadth of the market is very strong as more than … read more
Mumbai (IANS) The resolution of Reliance Capital is all set to clear the last hurdle when NCLT Mumbai will take up IIHL’s Resolution Plan for approval on Wednesday (August 30). On Friday, the Supreme Court refused to stay the proceedings … read more
New Delhi (IANS) In a major diversification plan, Coal India Limited (CIL) and its subsidiaries are planning to set up pump storage projects (PSP) on huge tracts of decoaled (closed mines) lands at their disposal. According to highly placed sources, … read more
New Delhi (IANS) India’s real estate industry could reach a value of USD 5.8 trillion by 2047, according to a joint report by the National Real Estate Development Council (NAREDCO) and Knight Frank. The report “Vision 2047” was unveiled during … read more
New Delhi (IANS) The Nifty is hovering near the important and crucial support zone of 19,270 levels which is also where the significant 50EMA lies, and a decisive breach below the 19,250 – 19,270 zone shall weaken the overall bias … read more
New Delhi (IANS) The ongoing geopolitical and economic uncertainties like higher inflation, China economic jitters, and the pandemic-related economic distortions amid the Russia – Ukraine war continue to offer support to the safe haven status of gold in the immediate run, … read more