Indian stock market: The Nifty has made a notable advance above 22,500, following a sustained movement beyond 22,100. Moreover, there’s a visible consolidation breakout on the daily timeframe, indicating an increase in optimism. However, the Nifty faced initial resistance around its previous swing high of 22,526. Therefore, for a further rally, it needs to move … Read more
Mint explains what all of this means for investors and the wider market. What is T+0 settlement? T+0 settlement simply means trades are settled on the day they are executed. That is, investors receive their securities or funds within hours rather than having to wait a day, as with the current T+1 cycle. How will … Read more
Over the past decade, Indian households have increasingly allocated their financial savings towards equities, indicating a sustained upward trajectory in this aspect. With technological advancements, the process of opening a demat account has become streamlined, enabling retail investors to initiate trading activities within a day. Demat accounts offer several benefits to investors, including the elimination … Read more
The March clampdown led the broad Midcap and Smallcap indexes to a total fall of -8% and -13%, respectively, from the intraday high to low between 5th to 14th of March. Following the low point reached last Thursday, the market has rebounded, experiencing a gain of around 5% to 7% respectively. The total cut has … Read more
The Indian stock market will be closed for trading on Monday, March 25 due to the celebration of Holi. The coming week, the market will only have three trading sessions, as exchanges will also be closed on Friday, March 29 for Good Friday also. On Monday, trading at the country’s largest non-agricultural commodity market, the … Read more
Despite a recent decline, where small caps have shown no returns in the last 90 days and mid caps have experienced corrections recently, their performance over the past 12 months still surpasses that of large caps, with returns exceeding 50%, says market expert. According to Equity market outlook – March 2024 report by Anand Rathi, … Read more
The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 22,060 level, a discount of over 70 points from the Nifty futures’ previous close. On Monday, the benchmark equity indices ended with minor gains amid volatility. The Sensex rose 104.99 points to close at … Read more
The ability to transfer shares between demat accounts offers shareholders greater flexibility, efficiency, and control over their investments. Whether for consolidation purposes, ownership changes, or portfolio management needs, leveraging this functionality can streamline the process of managing and monitoring shares effectively. Advantages Transferring shares between demat accounts offers several advantages: Consolidation of Shares: By transferring … Read more
However, the long-term outlook of the market remains positive as India is expected to witness strong economic growth in the coming financial year as well. Also Read: Indian stock market remains attractive, say experts, suggest stocks to buy for long term Recently Fitch Ratings has raised its forecast for India’s economic growth to 7 per … Read more
Platinum Industries IPO GMP today As mentioned above, Platinum Industries IPO GMP today is 102 per share, which is ₹22 higher than Friday’s GMP of ₹80. Market observers said that the rise in the grey market sentiments can be attributed to the strong response received by the public issue by the primary market investors and … Read more