Update: Institutional Buying Activity Daily report available on the NSE suggests that THE VANGUARD GROUP INC A/C VANGUARD EMERG. MKTS STOCK INDEX FD A SERIES OF V I E I F has bought 51,19,600 shares of the company at an average price of INR 321.88 on December 18. The stock ended 1.32% or Rs. 4.32 lower and ended at INR 321.87 when the market closed. July 26, 2020 Mindspace Business Parks REIT - backed by Mumbai-based realtor K Raheja Corp and private equity firm
The Reserve Bank of India (RBI) on March 27, 2020, used the majority of orthodox methods to fight COVID-19-led economic issues. The Reserve Bank has significantly reduced interest rates across the board, taking cues from other central banks of the world, as part of emergency measures to safeguard the economy from the coronavirus. Take a Look at Measures - Sizeable Cut in Repo Rate: The Reserve Bank of India announced a massive 75 basis points rate cut in Repo Rate, bringing it to 4.40%
Two of the key parameters to consider while opting for home loans are the rate of interest and the tenure of the loan. Basis these two components and the principal amount, the EMI can be calculated. EMI is the equitable monthly payment that you need to make for the loans that you have opted for. This amount takes into account both the interest and a principal component. However, for many home loan borrowers, a major chunk of their salary or profits goes towards this EMI payment. Therefore, here
Finance Minister Nirmala Sitharaman reached the Lok Sabha to present Union Budget 2019-20. Here are the key updates. It took over 55 years to Indian economy to reach $1 trillion but likely to become $3 trillion economy by FY20 The finance minister express her confidence that project like Bharatmala will enhance road connectivity and Sagarmala will help port and waterways connectivity. Also Read: INDIAN STOCK MARKET JOURNEY FROM 100 TO 40000 POINTS Sitharaman said "it is estimated
A Buyback is a word which is trending on the Dalal Street at this moment. Why? The simple reason is that a couple of Indian companies, namely Wipro and others have announced to repurchase (share buyback) its own shares from the market just a few days back. The Wipro board on April 16 approved a buyback for up to 32.3 crore shares at INR 325 per share totalling up to INR 10,500 Cr. The Company's board has approved a proposal to buy back up to 32,30,76,923 equity shares being 5.35% of the total
The Indian Stock Market, especially the Sensex which has made new highs just a few days back (touched an intraday high of 38000 for the first time) and on the other hand the Indian rupee has been witnessing chaos against the US dollar making it extremely difficult for the equity Investors to take a call, to invest in equities or not to invest in equities? The Indian currency breached the INR 70/USD mark for the first time and has now depreciated close to 10% in the year 2018 against the US
The markets continued to soar and record fresh historic highs amidst high volatility again on the 3rd week of 2018. The Nifty 50 gained 214 points while the BSE Sensex gained 920 points on a weekly basis. Here is a Weekly Review (15 Jan 2018 to 19 Jan 2018) by Finblab. 15-JAN-2018: The Indian Stock Market continued its upward journey on Monday as well. Both the indices NSE and BSE remaind firm all through the day backed by strong domestic buying. The BSE Sensex rallied 252 points to 34,844
Weekly Review: 8 Jan 2018 to 12 Jan 2018 8-JAN-2018: After a steady start in the 1st week of 2018 (Sensex up by 96 points and Nifty up by 28 points on a weekly basis) the market was in a bullish mode on the first day of the 2nd week of 2018 - thanks to positive global cues and post GDP estimates and credit growth data. The 30-share BSE Sensex rallied 199 points to 34,353 while the 50-share NSE Nifty closed above 10,600-mark for the first time in the history, gaining 64.70 points at
