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What Is Nifty In Share Market: A Journey To Success

What Is Nifty In Share Market: A Journey To Success

Today, the stock market is taking over the world by storm. Everyone is interested in investing in shares to gain maximum profit. The people who have apt knowledge about the share market can make the most of it. The one who faces problems are beginners who are not aware of terms like Nifty, NSE, dividend,…

Nifty Crosses 20,000 Points For First Time In History 

Nifty Crosses 20,000 Points For First Time In History 

The Nifty 50 benchmark has crossed 20,000 points due to its strong inflows and macroeconomic indicators.  Recently, the stock market in India saw a notable upswing in day trading, with the Nifty index crossing by 188.2 points or 0.94%. This impressive jump in the stock market resulted in Nifty breaking an all-time record high of…

Sensex, Nifty Closed At Record High, Amid Positive Clue From Global Market

Sensex, Nifty Closed At Record High, Amid Positive Clue From Global Market

The bulls dominated Dalal Street on Thursday. The first day of the June F&O series and India’s Key Stocks, including Titan, Asian Paints, and Dr. Reddy’s labs, soared to a new record amid confidence that increased vaccination will revive the economy drained by the coronavirus pandemic. The Sensex and Nifty hit an all-time high amid…

Bad News For SBI: Sufferers ₹44935 Cr Lose in 5 Days

Bad News For SBI: Sufferers ₹44935 Cr Lose in 5 Days

India’s largest government bank, SBI (State Bank of India), suffered a whopping ₹44935 crore loss in its market valuation. The Indian share market has remained in the red in the past few weeks, and SBI has faced pressure from weak trends, resulting in this huge loss. As per the market data, SBI’s market capitalisation has…

4 Of Top 10 Firms’ Mcap Dropped By Rs 96,606 Crore

4 Of Top 10 Firms’ Mcap Dropped By Rs 96,606 Crore

Among India’s top 10 most valued firms, the Mcap of 4 firms, namely Tata Consultancy Services, HDFC Bank, ICICI Bank, and SBI declined by Rs 96,605.66. Among these companies, HDFC witnessed the sharpest loss, with its valuation dropping by Rs 37,025.46 to Rs 13,37,919.84 crore. The value of ICICI dropped by Rs 29,324.55 crore, and…

Rupee Hits A Record Low Of 84.39 Against Greenback

Rupee Hits A Record Low Of 84.39 Against Greenback

The Indian rupee fell to a record low against the greenback this Tuesday, reflecting the weakness of Asian currencies following Trump’s victory in the U.S. elections. The constant outflow of foreign funds from Indian equities also weighed the rupee’s value. Foreign investors withdrew around $3 billion from Indian stocks in November after pulling out $11…

General Election Result, Good Or Bad For Economy?

General Election Result, Good Or Bad For Economy?

The general elections of the biggest democracy in the world, India, have commenced, and the BJP-led NDA (National Democratic Alliance)  has successfully gained the majority to hold power for the third consecutive time. PM Modi is the only national leader other than Jawaharlal Nehru to become the nation’s prime minister thrice. However, the uncertainty in…

Rupee Falls Most In Over A Year Amid Election Outcome

Rupee Falls Most In Over A Year Amid Election Outcome

The Indian rupee fell on Tuesday, 4 June 2024, after vote counting showed that the Bharatiya Janata Party-led alliance would win a narrower majority than expected. It depreciated 26 paise and came down to 83.40 against the dollar. The Indian currency settled at 83.14 against the dollar on Monday, 3 June 2024. This depreciation greatly…

Share Market Touches New High Ahead Of Election

Share Market Touches New High Ahead Of Election

For the first time ever, the market cap of listed companies touched a new high of USD 5 trillion before the elections in intraday trade.  It took merely 6 months to reach this milestone of USD 5 trillion in May from USD 4 trillion in November 2023. As per Fortune India, this growth is driven…

Bharti Hexacom IPO: Issue Date, Lot Size And Price Band

Bharti Hexacom IPO: Issue Date, Lot Size And Price Band

A subsidiary of one of India’s top telecom service providers, Bharti Hexacom, is said to launch its IPO in the coming month. The opening date of the IPO is April 3, and it will close on April 5.  The size of the IPO is estimated to be around Rs 4,275 crore. The bidding for anchor…