The FinTech Hub
Source: Live Mint A recent Sebi report highlighted the significant losses individual traders incurred in the equity futures and options (F&O) segment between FY22 and FY24. A whopping 91.1% of these traders lost money in FY24, and the average loss per head was ₹1.20 lakh. During FY22-FY24, 11.3 million traders incurred a combined net loss…
Source: Business Standard Gold(Photo: Shutterstock) 3 min read Last Updated : Oct 11 2024 | 8:27 AM IST Gold – Up on disappointing US job data with geopolitics in focus Performance Click here to connect with us on WhatsApp Spot gold at the time of the MCX closing was trading at $2624,…
Source: Business Standard Last week, driven by the same order, BSE said it will discontinue weekly derivative contracts linked to Bankex (.BSEBANK), and Sensex 50, retaining only contracts linked with its benchmark BSE Sensex, an index of 30 bluechip stocks. Photographer: Dhiraj Singh/Bloomberg 1 min read Last Updated : Oct 10 2024 | 10:42 PM…
Source: Business Standard It acknowledged that as a mitigation measure, brokers are revamping their revenue and cost models, following the introduction of the new norms. (Photo: Shutterstock) 3 min read Last Updated : Oct 08 2024 | 6:17 PM IST Discount brokerages, such as Zerodha and Groww, will be impacted the most by the…
Source: Business Standard 2 min read Last Updated : Sep 30 2024 | 1:30 PM IST UBS on Gold: Zurich, Switzerland-based brokerage firm UBS has increased its gold price forecasts, anticipating higher investment demand, a decline in US real rates, a seasonal uptick in jewellery consumption, and continued central bank purchases. “We raise…
Source: Live Mint FPIs net invested ₹57,359 crore in September, the most since ₹66,135 crore in December last year, shows National Securities Depository Ltd (NSDL) data. September has recorded the fourth-largest FPI net inflows to date, aided partly by global index provider FTSE’s semi-annual rebalancing, which resulted in around ₹7,000-10,000 crore inflows this month, thanks…
Source: Business Standard 3 min read Last Updated : Sep 27 2024 | 8:56 PM IST The stock exchange BSE on Friday announced a revision in its charges for equity derivatives to align with the true-to-label circular by the Securities and Exchange Board of India (Sebi), which mandates a uniform fee irrespective of turnover….
Source: Live Mint Nifty September F&O series delivered expectational returns amid high volatility. The September derivatives series began with a steady rise in the benchmark indices and then witnessed some profit-taking. However, in the second-half of the series, bulls came roaring and the market saw a relentless rally, giving the bears no breathing room. Nifty…
Source: Business Standard 4 min read Last Updated : Sep 25 2024 | 1:02 PM IST Silver – rallies past $32 as China announces stimulus On Tuesday, silver surged sharply higher on an unexpectedly huge stimulus package announced by China’s Central Bank and the Chinese authorities. Industrial commodities, especially base metals were significantly…
Source: Business Standard Gold, Gold Coin(Photo: Shutterstock) 4 min read Last Updated : Sep 25 2024 | 1:09 PM IST Gold – a fresh record high as the US Dollar weakens and US yields turn lower Performance Commodities surged on a sizable stimulus package announced by China’s Central Bank and the Chinese…
