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Source: Live Mint The rapid growth of Indian equity markets since the Covid-19 pandemic has led to a surge in retail investors entering the BSE through various investment avenues, including direct equity, mutual funds, and ETFs. According to market veterans like Raamdeo Agarwal, Chairman of Motilal Oswal Financial Services, the Indian markets are expected to…
Source: Live Mint The Securities and Exchange Board of India (Sebi) on Tuesday granted permission to Associations of Persons (AoP) to open demat accounts in their own name. Through demat accounts, AoPs can hold mutual fund units, corporate bonds, and government securities. However, such demat accounts cannot be used for holding equity shares. The new…
Source: Live Mint The IPO of Nukleus Office Solutions, which opened for bidding today, February 24, saw moderate investor interest, with the issue being subscribed 0.13 times as of 2:00 a.m., according to exchange data. The retail investor segment was subscribed 0.14 times, while the non-institutional investor (NII) category received a 0.01 times subscription. The…
Source: Live Mint Over the past one year, gold has yielded a 37.73% return, while the three-year return stands at 18.72%. Looking at a broader horizon, gold has provided a 14.68% return over five years and 11.12% over ten years. ETFs allow investors to gain exposure to gold price movements without the burden of storage…
Source: Live Mint The Securities and Exchange Board of India (Sebi) on Monday mandated all qualified stockbrokers to provide their clients with a unified payments interface (UPI) for blocking funds or a 3-in-1 trading system to trade in the secondary markets. From 1 February 2025, all qualified stockbrokers must offer either the UPI-blocked trading facility…
Source: Live Mint Those who intend to invest in stocks today during Muhurat trading are looking forward to get stocks in their portfolio for a long-term investment. Muhurat trading refers to a special session of trading which takes place on the evening of Diwali. This trading session typically lasts for an hour and is considered…
Source: Live Mint While strategies like using multiple Permanent Account Numbers (PANs) or shareholder quotas might slightly improve allotment chances, the odds still remain slim. Bajaj Housing’s recent blockbuster IPO, for example, saw prices double, but few managed to secure the shares. So much so, that X (formerly Twitter) was flooded with memes highlighting the…
Source: Live Mint Abhimanyu, the sixteen-year-old son of the mighty archer Arjuna, was displaying breathtaking bravery in the Mahabharata war. He not only killed a number of prominent warriors on the enemy side, but also managed to break the flagstaff of Bhishma, the supreme commander of the Kauravas, in a hugely symbolic moment. The energy…
Source: Live Mint Ganesh Chaturthi 2024: As we kick off the festive season of 2024 with Ganesh Chaturthi, reflecting on the Initial Public Offering (IPO) market reveals some astounding numbers. In essence, IPOs have become the talk of the town following the record highs of Nifty 50 and Sensex, capturing attention not only in the…
Source: Live Mint But first, what’s a portfolio investment scheme? It’s an arrangement introduced by the Reserve Bank of India to enable NRIs to invest in the stocks of Indian companies, and allows for both repatriation and non-repatriation of profits. But there are differences in PIS and non-PIS accounts that you need to consider before…
