Price wars led by increasing capacities and aggressive competition may mar prospects
Posts in category Business Standard
Despite market volatility, 25 million demat accounts added in FY23 (07-04-2023)
Going forward, experts believe that the growth in new demat accounts will depend on the market trajectory
Despite market volatility, 25 million demat accounts added in FY23 (07-04-2023)
Going forward, experts believe that the growth in new demat accounts will depend on the market trajectory
Ramakrishna Forgings stock zooms 107% on BSE in less than 10 months (07-04-2023)
The stock of casting & forging company, therefore, surpassed its previous high of Rs 290.75, touched on March 15, 2023
Mutual funds’ equity bets touch record Rs 1.73 trillion in FY23 (07-04-2023)
Overall, domestic institutional investors (DIIs), which include MFs, made a net investment of Rs 2.56 trillion in last financial year
Investors’ wealth jumps over Rs 10.43 trn in last 5 days of market rally (07-04-2023)
Equity investors became richer by over Rs 10.43 lakh crore in the past five days, as markets continued their winning momentum helped by foreign fund inflows and stable global trends.
The market capitalisation of BSE-listed firms have surged Rs 10,43,216.79 crore to Rs 2,62,37,776.13 crore in the last five trading sessions (March 29-April 6).
This week, equity markets were closed on Tuesday (April 4) for “Mahavir Jayanti”. Markets are closed on Friday on account of “Good Friday”.
Last week, stock markets were closed on Thursday for “Ram Navami”.
The 30-share BSE Sensex has jumped 2,219.25 points or 3.85 per cent in the past five trading sessions.
According to market analysts the benchmark indices have rallied aided by improved overseas fund inflows and positive global cues.
“The Indian equity market saw gains for the second week in a row after a protracted period of underperformance, thanks to stable global cues, FII buying amid valuation comfort, and signs of a worldwide peak in
Investors’ wealth jumps over Rs 10.43 trn in last 5 days of market rally (07-04-2023)
Equity investors became richer by over Rs 10.43 lakh crore in the past five days, as markets continued their winning momentum helped by foreign fund inflows and stable global trends.
The market capitalisation of BSE-listed firms have surged Rs 10,43,216.79 crore to Rs 2,62,37,776.13 crore in the last five trading sessions (March 29-April 6).
This week, equity markets were closed on Tuesday (April 4) for “Mahavir Jayanti”. Markets are closed on Friday on account of “Good Friday”.
Last week, stock markets were closed on Thursday for “Ram Navami”.
The 30-share BSE Sensex has jumped 2,219.25 points or 3.85 per cent in the past five trading sessions.
According to market analysts the benchmark indices have rallied aided by improved overseas fund inflows and positive global cues.
“The Indian equity market saw gains for the second week in a row after a protracted period of underperformance, thanks to stable global cues, FII buying amid valuation comfort, and signs of a worldwide peak in
Unauthorised investment advisory services: Sebi bans 4 for six months (07-04-2023)
Sebi has barred four entities from the securities markets for six months for providing unauthorised investment advisory services and directed them to refund investors’ money collected through such services within three months.
Those restrained by Sebi are — Course Work Focus, its proprietor Shashank Hirwani; Capital Research, its proprietor Gopal Gupta; and Rahul Patel who is the proprietor of Capres.
In two separate orders, Sebi found that these entities were engaged in the business of providing investment advice to their clients, for consideration, without obtaining Sebi’s registration.
According to Sebi, Course Work Focus and Hirwani collectively received over Rs 96 lakh from investors during March 2018 to July 2020 and Capital Research, Gupta and Patel together collected Rs 60.84 lakh between June 2014 and November 2019 by providing such unregistered investment advisory services.
Through such acts, they violated the provisions of investment adviser (IA) norms, the Securities
In changing investment geography, ‘other cities’ share in MF assets rises (07-04-2023)
Their share is six times higher than it was in March 2012
Gold price falls Rs 380 to Rs 60,890; silver plunge Rs 600 to Rs 76,490 (07-04-2023)
The price of ten grams of 22-carat gold fell by Rs 350 to Rs 55,900