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Source: Live Mint Top News India’s Goods and Services Tax (GST) collections in October 2024 demonstrated substantial growth, achieving an 8.9% year-on-year increase to reach ₹1.87 lakh crore. This strong performance is indicative of the economic momentum sustained by domestic consumption and imports, contributing to an overall 9.4% growth in GST collections for the year,…
Source: Live Mint The National Stock Exchange of India (NSE India) has launched its new mobile app NSEIndia which went live on Diwali (November 1) this year. In a press release, the exchange further said that it has also expanded its website to support a total of 11 regional languages, besides English. The regional languages…
Source: Live Mint The Indian stock market will be closed for ten days, including weekends, in November 2024. Both the stock exchanges including Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be closed for ten days in November. Investors and traders are advised to make decisions accordingly. According to BSE and NSE…
Source: Live Mint However, leveraging shares comes with conditions and risks that need careful consideration. How loan against shares works A loan against shares (LAS) allows borrowers to pledge their equity holdings as collateral for an overdraft facility, offering flexibility by charging interest only on the utilized amount. For example, if shares worth ₹10 lakh…
Source: Live Mint Muhurat trading on Diwali 2024 makes the festival of lights, sweets, and family gatherings more special for stock market investors. The special Muhurat trading session will occur on November 1, between 6 pm and 7 pm . A pre-opening session will be conducted from 5:45 p.m. to 6 p.m. on Friday before…
Source: Live Mint F&O ban list: The National Stock Exchange (NSE) banned trading in six stocks on Wednesday, October 30, in the futures and options (F&O) segment as they exceeded 95% of the market-wide position limit (MWPL). However, these stocks will be available for trading in the cash market. The NSE updates the list of…
Source: Live Mint F&O ban list: The National Stock Exchange (NSE) banned trading in ten stocks on Monday, October 28, in the futures and options (F&O) segment as they exceeded 95% of the market-wide position limit (MWPL). However, these stocks will be available for trading in the cash market. The NSE updates the list of…
Source: Live Mint Top News According to recent data from the Association of Mutual Funds in India (AMFI), monthly contributions to mutual fund Systematic Investment Plans (SIPs) have surpassed ₹24,000 crore for the first time. This milestone highlights the growing popularity of SIPs among Indian investors, who are increasingly relying on this disciplined, periodic investment…
Source: Live Mint SME IPO: C2C Advanced Systems, a technology firm, has received in-principle approval from the National Stock Exchange (NSE) for its draft red herring prospectus (DRHP) to launch an SME initial public offering (IPO). The company’s IPO consists of a fresh issue of up to 43,62,865 equity shares, each with a face value…
Source: Live Mint Stock market today: A sharp selloff hit the Indian stock market on Tuesday, October 22, pulling down the benchmark indices, Sensex and Nifty 50, by more than 1% each. The Sensex ended the day down by 931 points, or 1.15%, closing at 80,220.72, while the Nifty 50 dropped 309 points, or 1.25%,…
