Benchmark stock indices Sensex and Nifty jumped over 1 per cent on Wednesday amid foreign funds turning net buyers of domestic equities after a long gap and positive opening in European stock markets. The 30-share BSE benchmark index climbed 616.62 points or 1.16 per cent to settle at 53,750.97. During the day, it rallied 684.96 points or 1.28 per cent to 53,819.31.
'In investing, you have to first make sure you don't make big mistakes.' 'I would advise small investors to be systematic, don't be arbitrary; don't be on either end of the risk spectrum.' 'Don't go from fixed deposit to option trading or crypto trading.'
Ajit Mishra, vice president, research, Religare Broking, answers your stock market queries.
Defence Minister Manohar Parrikar kicked up a storm with his allegation that some former prime ministers had "compromised" the country's "deep assets", triggering a demand by Congress that he give evidence or tender a public apology.
The BJP on Thursday alleged that the opposition parties have decided to boycott the inauguration of the new Parliament building by Prime Minister Narendra Modi just because it has been built at his initiative.
Ramiz Raja's ambitious proposal of conducting a four-nation tourney comprising India, Australia, England under the aegis of the ICC was unanimously rejected
Mutual funds are better than Portfolio Management Schemes where costs crystallise only at the end of the investment period, says Shashank Khade.
'Returns can be very variable in equity markets.' 'That is why I tell small investors don't put 100 per cent of your money in equities, even if you are young.'
Retail inflation fell to a 15-month low of 5.66 per cent in March, mainly due to a decline in food prices, government data showed on Wednesday. The inflation figure in March is within the RBI's comfort zone as it is below 6 per cent. The retail inflation based on Consumer Price Index (CPI) was 6.44 per cent in February 2023 and 6.95 per cent in the year-ago period.
In a dig at the Samajwadi Party, Prime Minister Narendra Modi on Wednesday said it has moved away from the ideology of Ram Manohar Lohia with its leaders practising pariwarvad instead of samajwad.
Equity benchmarks fell sharply on Thursday in line with an extremely weak trend in the global markets, with the Sensex plunging 1,154.78 points in early trade. Persistent foreign fund outflows and a spurt in crude oil prices also dampened sentiment. The 30-share BSE benchmark was trading 1,154.78 points lower at 53,053.75. The broader NSE Nifty tumbled 335.65 points to 15,904.65.
Because they have become too big and pervasive and the time to regulate is long gone, points out Debashis Basu.
Dr Manmohan Singh is probably the most highly qualified Indian to serve as PM.
Investments in Indian capital through participatory notes (P-notes) rose to Rs 1.02 lakh crore till October-end, making it the highest level in 43 months.
Defence Minister Manohar Parrikar on Wednesday alleged that some former prime ministers had compromised the country's 'deep assets' on national security but refrained from naming them.
Investments in Indian capital market through participatory notes (P-notes) dropped to Rs 94,826 crore till November-end after hitting 43-month high in the preceding month. P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be a part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process.
Equity benchmarks nosedived on Friday, with the Sensex crashing 866.65 points to close below the 55,000-mark amid a sell-off in global markets. Unabated foreign fund outflows and firm crude oil prices also weighed on sentiment. The 30-share BSE Sensex dived 866.65 points or 1.56 per cent to finish at 54,835.58.
The regulator has asked portfolio managers not to leverage the portfolio of clients for investment in derivatives and not indulge in speculative transactions that are not accompanied by actual delivery, except for derivatives trades. This is done with the intention of reducing volatility in the market and curbing undue risks.
Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.
These funds give the wealthy an option to invest in strategies that other equity products like mutual funds and portfolio management services cannot, says Nishant Agarwal.
Billionaire Mukesh Ambani for the second year in a row drew no salary from his flagship firm Reliance Industries in the last fiscal as he voluntarily gave up remuneration in light of the pandemic hitting the business and economy. In its latest annual report, Reliance said Ambani's remuneration for the financial year 2020-21 was "nil". In June 2020, Mukesh D Ambani, chairman and managing director of Reliance Industries, voluntarily decided to forego his salary for the year 2020-21, in light of the COVID-19 outbreak in India, which exacted a huge toll on the societal, economic and industrial health of the nation.
Investors have lost a hefty Rs 11,45,267.43 crore in two days as the domestic equity market continued to face severe drubbing amid a global selloff. The BSE benchmark Sensex plunged 1,189.73 points or 2.09 per cent to close at 55,822.01 on Monday. During the day, it tanked 1,879.06 points to 55,132.68.
Strategic guru K Subrahmanyam, who passed into the ages recently, discusses the history of India's nuclear weapon programme in a fascinating interview.
Prime Minister Narendra Modi has made it to the cover of the Time Magazine. A look at 5 other Indian PMs who have been featured in the past.
Affordable pricing, a variety of themes, and the ease of transacting are among key reasons that have made smallcases a hit among young investors.
The 'Holi celebrations' event was organised by the Governor in the honour of the visiting dignitary and his delegation.
'For the first time since I've been following Indian politics, one heard voters talking about India's role on the world stage and the fact that, due to Modi's leadership, India was once again a great power.'
Pakistan expressed hope on Tuesday night that the issue of an Indian woman diplomat being arrested on charges of spying for the Inter-Services-Intelligence would not overshadow the expected meeting between Prime Minister Manmohan Singh and his counterpart Yousuf Raza Gilani in Thimphu.
Noting that goons were still threatening them and they were still scared though 'a little security has been provided', Rasmani Keshavdas, an eyewitness to the attack on ISKCON Radhakanta temple in Dhaka, has sought help from Prime Minister Narendra Modi and Bangladesh Prime Minister Sheikh Hasina.
At a function to commemorate the 125th Foundation Day of the Congress, party president Sonia Gandhi paid glowing tributes to former premiers Pandit Jawaharlal Nehru, Lal Bahadur Shastri, Indira Gandhi and Rajiv Gandhi, but made no reference to P V Narasimha Rao, who was prime minister between 1991 and 1996.Gandhi sought to give credit to Rajiv Gandhi for the economic liberalisation in the Narsimha Rao regime when Manmohan Singh was the finance minister.
From the 30-share pack, Indusind Bank, Axis Bank, Maruti Suzuki, Bajaj Finance, Bajaj Finserv, UltraTech Cement and Mahindra & Mahindra were the biggest drags, tumbling up to 7.63 per cent.
Investors' wealth jumped Rs 2,93,054.25 crore on Thursday as markets returned to winning ways after falling for three straight sessions. The 30-share BSE benchmark Sensex zoomed 638.70 points or 1.22 per cent to close at 52,837.21. During the day, it gained 668.75 points to 52,867.26. Tracking the bullish trend, the market capitalisation of BSE-listed companies jumped Rs 2,93,054.25 crore to reach Rs 2,33,94,917.25 crore.
Rising for the fourth straight day, benchmark indices Sensex and Nifty settled marginally higher after a choppy session on Friday, tracking mixed global trends amid uncertainties on the geopolitical front. The BSE Sensex opened weak and declined 414.44 points to 55,049.95 in opening deals. But within minutes, it pared all its losses and jumped 369.56 points to 55,833.95. Facing volatility, the index finally settled at 55,550.30, higher by 85.91 points or 0.15 per cent.
Since you are betting only on a few stocks, the risks are high.
Minimum investment size under portfolio management services may be raised, so that small players can avoid risk.
The recent NSEL crisis has prompted even rich and diehard equity investors to shift to safer fixed income products.
The Sensex and Nifty spiralled lower for the fourth session on the trot on Wednesday as investors remained on edge ahead of US inflation data, which will give clues on the Federal Reserve's policy tightening trajectory. Unabated selling by foreign institutional investors and a jump in crude prices also weighed on sentiment, traders said. Despite a firm start, the 30-share BSE Sensex failed to carry forward the momentum and ended at 54,088.39, lower by 276.46 points or 0.51 per cent. During the day, it tumbled 845.55 points to 53,519.30.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
