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Source: Live Mint Top News SEBI Mandates Enhanced Transparency in Mutual Fund Disclosures Starting December 2024 In a recent regulatory update, the Securities and Exchange Board of India (SEBI) introduced new measures to enhance transparency in the mutual fund industry. Beginning December 5, 2024, fund houses are required to distinctly disclose expenses and returns for…
Source: Live Mint Indian stock market faced a sharp correction in October, driven by sustained selling from Foreign Portfolio Investors (FPIs), who shifted to more attractively valued markets like China amid weaker domestic corporate earnings. According to data from the National Securities Depository Ltd (NSDL), FPIs recorded net sales of ₹94,017 crore in Indian equities…
Source: Live Mint The rally proved short-lived. A day after India’s stock markets shot up more than 1% following Donald Trump’s victory in the US elections, adding ₹7.75 trillion to investor wealth, the benchmark indices were back to their downward slide, with the rupee, too, plunging to a new low. Sustained selling from foreign institutional…
Source: Live Mint Former President and Republican nominee Donald Trump secured a significant victory in the 2024 US presidential election, marking a historic comeback after his defeat in 2020. Trump reclaimed the White House by winning more than the required 270 Electoral College votes, setting the stage for another term. Trump’s victory was met with…
Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower and remain volatile on Thursday amid mixed global market cues. The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 24,450 level, a discount of nearly…
Source: Live Mint Indian stock market’s benchmark indices, Sensex and Nifty 50, rallied over 1% on Wednesday in response to the US election results 2024, which indicate a likely victory for Republican candidate and former President Donald Trump over Democratic candidate Kamala Harris. On Wednesday, the Sensex surged 901.50 points, or 1.13%, to close at…
Source: Live Mint Stock market today: Domestic equity benchmarks Sensex and Nifty 50 staged a spirited recovery on value buying from their early losses in the previous session amid firm trends in global equities ahead of the tightly fought US presidential elections 2024. Late buying in banking, metal, steel, and oil and gas shares helped…
Source: Live Mint Indian stock market frontline indices, Sensex and Nifty 50, are likely to open lower on Tuesday following mixed global market cues amid uncertainty over US Presidential Elections 2024. The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 24,080 level, a…
Source: Live Mint Indian stock market has been experiencing sustained selling pressure from Foreign Institutional Investors (FIIs), who offloaded more than ₹1 lakh crore in domestic equities during October alone. This significant outflow has drawn strong reactions from investors and analysts alike. Renowned fund manager and Helios Capital founder, Samir Arora, also commented on the…
Source: Live Mint The combined market capitalisation of six of the top-10 most-valued companies soared by more than ₹1 lakh crore last week, which saw a special Diwali Muhurat Trading session on November 1. Last week, the benchmark BSE Sensex rose 321.83 points, or 0.40%. Despite last week’s gains, the Sensex and Nifty 50 are…
