Stocks: Sector-wise, the BSE Realty Index increased by 2%, the BSE Information Technology Index increased by 1.8%, and the BSE Capital Goods Index was up by 1%, while the BSE Power Index was down by 2.5%, the BSE Metal Index decreased by 2.3%, and the BSE Telecom index decreased by 2%. The major indices in…
Following the Bajaj Finance board’s acceptance of a 10,000 crore fundraising plan on Thursday, shares of Bajaj Finserv and Bajaj Finance were among the top two gainers of the Nifty 50 on Friday’s session. After declining for two straight sessions, the BSE share price of Bajaj Finserv opened at 1,560.80 and increased by about 5%,…
Following a two-day review that started on October 4, Reserve Bank of India (RBI) Governor Shaktikanta Das will announce the institution’s monetary policy decision tomorrow (October 6). On Friday, the central bank is expected to continue its aggressive policy stance despite India’s softening inflation report, according to the majority of analysts on D-Street. The economy…
Tax-saving fixed deposits are a good option for risk-averse investors and people who pay less in taxes. If you haven’t started tax planning, now is the moment since March 31 — the deadline for making tax-saving investments for the financial year 2023–24 — is approaching quickly. Additionally, most firms will request that their workers show…
Taking Stock: Market breadth was in the gainers’ favor. 1,361 shares fell, 2,178 shares rose, and 121 shares remained unchanged. The equity benchmarks ended a two-day losing streak on October 5 as a result of a recovery in world markets. The dollar index and US Treasury yields both slightly declined, which also boosted investor confidence….
Plaza Wires IPO: This Wires Limited’s initial public offering (IPO) began accepting subscriptions on September 29, 2023, and it will close on October 5, 2023. This indicates that the deadline for submitting an application for this public issue that is being considered for listing on the BSE and NSE is today. Plaza Wires’ initial public…
The global market fell on Wednesday after a collapse in government bond markets due to rising yields. Concerns about rising interest rates sent benchmark US treasury yields to new 16-year highs. MSCI’s global stock index fell 0.20%. – Global market Global investors are concerned that rising interest rates may hamper global economic growth. US stocks…
TECHNICAL ANALYSIS: With USD/CAD up approximately 1.8 percent thus far, the Canadian Dollar is approaching its worst 2-week stretch against the US Dollar since mid-February. In response, retail traders have increased their downside exposure, as can be observed by looking at IG Client Sentiment (IGCS). This last one frequently serves as a contrarian indicator. Will…
Stocks To Watch: Everything You Should Know Before Trading On October 5 Bandhan Bank According to the lender, CASA was Rs 43,161 crore, up 6.5% from the previous year. Total deposits increased by 12.8% to Rs 1,12,074 crore, while loans and advances increased by 12.3% to Rs 1,07,633 crore. – Stocks To Watch Hero Moto…
In the midst of the banking sector sell-off, investors may be keeping an eye on American Express AXP, Visa V, and Mastercard MA to see if better opportunities to purchase stock in these leaders in credit cards and transaction services arise. With today’s significant decline in bank stock prices and the XLF Financial Select Sector…
