Currency Market Update: Is Rupee likely to depreciate?
Currency Market Update: Is Rupee likely to depreciate?
The RBI's Monetary Policy was released yesterday, and the key policy rates remained unchanged, leaving the rupee susceptible to further fall. Continue reading to learn more.
The RBI's Monetary Policy was released yesterday, and the key policy rates remained unchanged, leaving the rupee susceptible to further fall. Continue reading to learn more.
Butterfly Gandhimathi hits fresh all-time high; jumps 50 per cent in three months
The company is a market leader in India for SS LPG stoves as well as tabletop wet grinders and is also, a major supplier of mixer grinders & pressure cookers.
Thereafter, the stock staged a smart rally as it witnessed a V-shaped recovery and went on to touch a fresh all-time high of Rs 1,399 on Friday. The stock is seen outperforming the broader market indices hands down.
Max Healthcare Institute acquires stake in Eqova Healthcare
Today it announced the deal to purchase Eqova Healthcare Private Limited, a company with long term exclusive rights to help develop and provide medical services to a 400 beds hospital to be built on 2.1 acres of land parcel in Patparganj
Max Healthcare Institute is one of India’s largest private healthcare providers. Today it announced the deal to purchase Eqova Healthcare Private Limited, a company with long term exclusive rights to help develop and provide medical services to a 400 beds hospital to be built on 2.1 acres of land parcel in Patparganj, Delhi, which is owned by Nirogi Charitable and Medical Research Trust.
Shree Renuka Sugars: A perfect ingredient to sweeten your portfolio
The stock is up by nearly 18 per cent on MTD basis while on a YTD basis, it is up by nearly 28 per cent.
The technical evidence indicates that the stock has the potential to relatively outperform the benchmark indices.
Five stocks witnessing short covering
Short covering refers to buying back borrowed securities in order to close out an open short position at a profit or loss.
List of the stocks where sell positions are being covered in the F&O segment.
SIP performance of Quant Large and Midcap Fund
Have a look at SIP performance of Quant Large and Midcap Fund for last 3-years
Quant Large and Midcap Fund is an open-ended large and midcap mutual fund scheme. It is one of the funds which has delivered higher returns within the category in last one year and three years.
Five stocks witnessing long unwinding
Long unwinding refers to selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness.
Following are the stocks where profit booking is seen taking place in the F&O segment.
Market Update: Nifty 50 plunges by 285 points; still these companies scaling 52-week high
All sectoral indices trading in red.
Market is currently trading in favour of decline with the advance to decline ratio standing as 54:345.
Closing Bell: How did market perform on February 10
The repo rate is kept at 4 per cent and the reverse repo rate is unchanged at 3.35 per cent.
The Indian Indices, on February 10, gave a thumbs-up to the RBI's MPC members decision to keep the key policy rates unchanged and continue to maintain the accommodative stance as long as necessary to support the economy amid the COVID-19 pandemic. The repo rate is kept at 4 per cent and the reverse repo rate is unchanged at 3.35 per cent. The BSE Sensex ended the day in red today after small fall of 143 points and closed at 58,644.82 falling by 0.24 per cent. The Sensex MidCap index rose by 73 points and ended the day at 24,704.65 levels. Similarly, the BSE SmallCap is also gained by 12 points and stood at 29,246.05 at day end. Also the Nifty 50 index also jumped by 142 points and closed at 17,605.85. The Bank Nifty has increased by 400 points and ended at 38,010.95.
ICICI Prudential Mutual Fund launches Nifty Bank Index Fund
ICICI Prudential Mutual Fund launches Nifty Bank Index Fund
ICICI Prudential Nifty Bank Index Fund is an open-ended index fund imitating the Nifty Bank Index allowing investors to add the largest names in Indian banking to their portfolio.
ICICI Prudential Mutual fund launched the ICICI Prudential Nifty Bank Index Fund.