When people invest in a term deposit, they generally look for a bank that offers the highest rate of interest. The rule of thumb is that the longer the tenure of the deposit, the higher the interest rate. For instance, short-term bank FDs (up to six months) generally offer an interest rate between 3 and … Read more
Stock Market News: The domestic benchmark indices, Sensex and Nifty 50, finished Friday’s session on a bleak note since they were unable to recover their losses. In the last hour of trading, Nifty 50 managed to close above the dotted lines despite a lackluster day’s progress. Gains in energy stocks helped the Nifty 50 achieve a new … Read more
The market capitalisation of nine out of the top ten most valued companies in the Indian stock market collectively added ₹2,89,699.42 crore to their market valuation last week, with Reliance Industries emerging as the top gainer. This rise aligns with a broader rally in equities. The BSE benchmark index saw a notable jump of 1,822.83 … Read more
Eight of India’s ten most valued companies collectively gained ₹3.28 lakh crore in market valuation last week, according to a PTI report. Tata Consultancy Services (TCS), Hindustan Unilever (HUL), and Reliance Industries (RIL) were the top performers. Overall, RIL maintained its position as the most valued company, followed by TCS, HDFC Bank, Bharti Airtel, and … Read more
Nifty Bank experienced an intraday decline of nearly 5,000 points or 10 per cent on Tuesday as investors made mincemeat of the markets following poll trends that indicated the INDIA alliance was fighting hard around half past noon against the exit polls that had handed the Bharatiya Janata Party (BJP) led NDA alliance a resounding … Read more
A new set of revised annual maintenance charges on Classic, Silver, Global, Contactless, and other categories of SBI debit cards will come into effect from April 1, according to State Bank of India’s website. The existing annual maintenance charges will be revised from next month. Annual maintenance charges have been raised by ₹75 for different … Read more
In an unprecedented rally, the BSE benchmark climbed by 374.04 points or 0.50% last week, setting new records. Markets remained closed on Friday for Mahashivratri festivities. Also read: Week Ahead: Inflation data, FII activity, global cues among key market triggers as Nifty 50 eyes 22,800 this week The 30-share BSE Sensex closed at a historic … Read more