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Source: Live Mint Indian stock market indices, Sensex and Nifty 50, are likely to open on a weak note on Monday tracking fall in Asian peers. The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 26,305 level, a discount of nearly 40 points…
Source: Live Mint There is a view that in the growing pie of savings and investments, banks are losing out to mutual funds. That may be happening in the margins as India’s equity market has been on a bull run. But let us look at the big picture. While individuals are moving towards financialization of…
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: Live Mint Wall Street in the week ahead is expected to be guided by several economic data such as jobs report for September, S&P manufacturing and services PMIs. The employment numbers could impact investors’ views on the Federal Reserve’s next move at its monetary policy meeting on November 6-7. Market participants will also closely…
Source: Live Mint The bidding for Manba Finance IPO commenced on Monday, September 23, and concluded on Wednesday, September 25. Manba Finance IPO allotment date is likely today and the IPO listing date is September 30. The equity shares of Manba Finance will be listed on both the stock exchanges, BSE and NSE. Manba Finance…
Source: Live Mint The Nifty 50 index concluded the week at 26,178, settling comfortably above the anticipated resistance zone 26,000. At the start of the week, the index moved above 25500 and concluded the week above 26,000. The consistent close above the key support level of 25,500 suggests that the bullish trend may persist, with…
Source: Live Mint Portugal’s D7 visa offers an option for retirees to gain residency if they meet certain passive income requirements. Mint takes you through what you need to apply for the D7 visa, which is also known as Portugal’s passive income visa. Financial eligibility As mentioned earlier, the D7 visa requires applicants to meet…
Source: Live Mint The US Federal Reserve’s unexpected 50 bps rate cut and its shift in policy are boosting the emerging markets. After the event, it was highly expected to do so in anticipation of an influx of FII inflows. There is courtesy of the dollar to depreciate and EMs currency to appreciate as the…
Source: Live Mint KRN Heat Exchanger IPO allotment status: Investors can check their KRN Heat Exchanger and Refrigeration Limited IPO allotment status after the conclusion of the bidding on 30 September, 2024. Amid the positive demand for the IPO, especially Non-Institutional Investors (NII), investors are keenly waiting for the final status of the KRN Heat…
Source: Live Mint 7th Pay Commission: The central government employees eagerly await an announcement on the Dearness Allowance ( DA) hike. So, when is DA expected for government employees? According to various media reports, the central government is expected to announce in October. However, no official details regarding the DA hike have yet been released….
