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Source: Live Mint Stock markets could open gap down on Monday in response to the lower-than-expected gross domestic product (GDP) reading for the second quarter , but the dip could be purchased as the growth slowdown is likely to be seen as a one-off and spur dovish commentary on rates from Reserve Bank of India…
Source: Live Mint Exide Industries Share Price Today Live Updates : On the last trading day, Exide Industries opened at ₹458.7 and closed at ₹457.15, reflecting a slight decline. The stock reached a high of ₹459.5 and a low of ₹446.65 during the session. The company’s market capitalization stood at ₹38,849.25 crore. Over the past…
Source: Live Mint Stock Market Today: The market rally on Friday helped the benchmark Nifty-50 index and S&P BSE index end the week on a positive note, with gains of almost 1% at 24,131.10 and 79,802.79, respectively. Bank Nifty also ended at around 1.7% higher at 52,055.60, as Telecom and industrials also stood among prominent…
Source: Live Mint The Securities and Exchange Board of India restrained three unregistered online platforms—altGraaf, Tap Invest and Stable Investments — from offering privately placed unlisted non-convertible debentures for public subscription, according to the regulator’s interim order on 18 November. Sebi cited the violation of norms that treat any issue with over 200 investors as…
Source: Live Mint The FMCG sector has been one of the poorest performers over the past 18 months. The return of Nifty FMCG, Nifty50, and Nifty500 indexes in the last 1 year is 10%, 20%, and 27%, respectively. This indicates that the FMCG sector underperformed the broader Nifty500 market by 63%.The sector’s performance worsened in…
Source: Live Mint Gold and Silver Prices Today: Gold prices experienced a minor decline on Sunday. The price of 24 carat gold is Rs.7817.3 per gram, reflecting a reduction of Rs.120.0. The price of 22 carat gold is Rs.7167.3 per gram, also down by Rs.120.0. The price fluctuation for 24 carat gold over the past…
Source: Live Mint When an NRI becomes a resident, can the foreign currency non-resident account FD be freely repatriated without coming under the ambit of the liberalised remittance scheme (LRS)? – Name withheld on request. When an NRI becomes a resident under FEMA, the FCNR (B) deposit held in India would be recharacterized as a…
Source: Live Mint Have you just stopped using a credit card? If yes, should you close the card altogether? Well, this is not as simple as it sounds. Closing a credit card that you are not currently using is a decision that calls for consideration of several benefits and drawbacks. But before you take a…
Source: Live Mint The Kolkata-based radiology testing and medical consultancy service firm Suraksha Diagnostic’s initial public offering (IPO) received a flat response on the first day of public bidding. The public issue was subscribed 11 per cent of the total shares on offer as of Friday, November 29. Suraksha Diagnostic IPO latest GMP As of…
Source: Live Mint Wall Street Holiday: The US stock markets will close early on Tuesday, December 24, and remain closed on Wednesday, December 25, for the Christmas holiday. According to the Securities Industry and Financial Markets Association (SIFMA) and the official Nasdaq holiday list, the Nasdaq Stock Exchange and New York Stock Exchange (NYSE) will…
