The Nifty Bank index closed 0.07 per cent up at 52188.65.
Posts in category Economic Times
Nifty, Sensex scale new peaks but end flat ahead of Fed decision (17-09-2024)
The majority of Nifty stocks saw declines today, with 29 stocks falling and only 21 advancing. The top performing stocks included Hero MotoCorp, Bajaj Auto, Bharti Airtel, NTPC, and Mahindra & Mahindra, while the biggest losers were Tata Motors, Eicher Motors, Tata Steel, Coal India, and JSW Steel.
Share market update: Most active stocks in today’s market in terms of volume (17-09-2024)
The NSE Nifty index closed 34.8 points up at 25418.55
Gainers & Losers: Bajaj Finance, Ola Electric among 6 stocks in limelight on Tuesday (17-09-2024)
Indian indices rose for the second day, with Nifty hitting a record 25,418.55 and Sensex reaching 83,079.66. Both indices saw modest gains despite a range-bound trading day.
Stock market update: Nifty Realty index advances 0.61% (17-09-2024)
The Nifty Realty index closed 0.61 per cent up at 1066.2.
During rate cut cycles FIIs raise EM allocations, but it could be different this time: A Balasubramanian (17-09-2024)
A Balasubramanian, MD & CEO of ABSL AMC, discusses the potential impact of a gradual rate cut by the US Fed on emerging markets like India. He highlights that while lower borrowing costs could attract foreign investments, India’s market attractiveness will also depend on valuations and growth expectations. Further, while people will start looking at other markets, they will also need to take into account how it will have an impact on the currency.
Motilal Oswal Foundation pledges Rs 130 crore to IIT Bombay for financial markets program (17-09-2024)
Motilal Oswal Foundation has pledged Rs 130 crore to IIT Bombay for establishing a world-class academic infrastructure and developing a financial markets program. This marks one of the largest corporate philanthropic contributions to an Indian educational institution. The Motilal Oswal Knowledge Centre will be set up on IIT Bombay’s campus, and the Motilal Oswal Centre for Capital Markets will focus on building high-end capabilities in the financial sector
Rupee climbs to highest in over a month with Fed rate cut in sight (17-09-2024)
The rupee closed at 83.75 against the U.S. dollar, up 0.1% from its close at 83.8875 on Monday. The currency touched a peak of 83.71 during the session, its highest since August 1.
Sebi’s proposed merchant banking regulations: Will it make the big bigger? (17-09-2024)
The capital markets have transformed substantially over the last three decades. Therefore, it’s crucial to re-evaluate the existing regulatory framework to align with the current market realities. SEBI’s consultation paper on the proposed MB Regulations, released on August 28, 2024, is a positive step in this direction, offering several insightful suggestions. However, a few of the proposed changes warrant further deliberation.
Why duration play is the best strategy for fixed-income investors in a rate-cut scenario? Kaustubh Gupta explains (17-09-2024)
Kaustubh Gupta of ABSL AMC anticipates a potential 25 to 50 basis point rate cut by the US Fed, aiming for faster normalization rather than signaling a crisis. He expects the Fed to cut rates by 225-300 basis points over the next 15-18 months, with RBI following suit by cutting rates by 50-100 basis points.