Vigorous FII selling may taper, paving way for short-term recovery | Stock Market News

Vigorous FII selling may taper, paving way for short-term recovery | Stock Market News

Source: Live Mint The Indian stock market has seen an accelerated week-on-week decline this month. The bearish trend, which began in the last week of September, has been ongoing for about a month. Interestingly, global equity markets have been experiencing high volatility since June-July, approximately 2-3 months earlier. This indicates that the domestic sell-off occurred…

Read More
Oil drops 5% following limited Israeli counterattack on Iran; brent crude at .92/bbl | Stock Market News

Oil drops 5% following limited Israeli counterattack on Iran; brent crude at $71.92/bbl | Stock Market News

Source: Live Mint Oil prices dropped approximately $4 per barrel on Monday after Israel’s retaliatory strike against Iran over the weekend left oil and nuclear facilities untouched, avoiding disruptions to energy supplies. By 1445 GMT, Brent futures had fallen by $4.13, or 5.43 per cent, to $71.92 per barrel, while U.S. WTI crude futures were…

Read More
Contactless credit cards: From benefits to uses; all you need to know | Mint

Contactless credit cards: From benefits to uses; all you need to know | Mint

Source: Live Mint With each passing day, innovations in the financial landscape continue to emerge. One such innovation is contactless credit cards, designed to make transactions quicker, more convenient, and easier. What are contactless credit cards? Contactless credit cards are one of the latest advancements in the credit card landscape. As the name suggests, they…

Read More
Is the illusion of ’free’ financial advice costing you more in the long run? | Mint

Is the illusion of ’free’ financial advice costing you more in the long run? | Mint

Source: Live Mint Recently, the capital markets regulator, Securities and Exchange Board of India, proposed changes to make it easier for individuals to become registered investment advisors (RIA) for individuals looking to get advice on their personal finances. SEBI has done this, presumably, with the objective of encouraging more professionals to seek out the RIA…

Read More
Nifty FMCG drops 9.6% in October, records worst monthly drop in 6 years on weak Q2 numbers | Stock Market News

Nifty FMCG drops 9.6% in October, records worst monthly drop in 6 years on weak Q2 numbers | Stock Market News

Source: Live Mint Indian FMCG stocks have emerged as the worst performers in October so far, primarily due to a combination of factors that have negatively impacted investor sentiment. The disappointing performance in the September quarter has raised concerns among analysts and investors as many leading FMCG companies reported results that fell below expectations, prompting…

Read More