The mutual fund industry added 450,000 investor accounts in August, taking the total tally to 92.5 million, primarily on account of contribution from debt schemes
The surge in new account openings has been underpinned by the rally in stocks
A gauge of the European economy fell unexpectedly in September, amid a resurgence in coronavirus cases that has dampened investor ardor toward the region's shares
Equity market investors became richer by Rs 3,52,020.53 crore on Friday as benchmark indices made a strong comeback after falling for almost a week. Snapping its six-day falling streak, the BSE benchmark index jumped 835.06 points or 2.28 per cent to close at 37,388.66. Following the broad-based recovery, the market capitalisation of BSE-listed firms zoomed Rs 3,52,020.53 crore to Rs 1,52,28,237.75 crore on Friday. "After a brutal selling in the previous session, markets made a comeback and posted a strong rally of 2.3 per cent, recovering most of the last session's losses. Value buying emerged across the counters," Choice Broking Executive Director Sumeet Bagadia said. The benchmark had plunged 1,114.82 points or 2.96 per cent to close at 36,553.60 on Thursday. All the constituents of the Sensex ended in the green, with Bajaj Finserv, HCL Tech, Bharti Airtel, IndusInd Bank, L&T, TCS, ICICI Bank and ONGC rising up to 6.64 per cent. In the broader market, the BSE midcap and ...
The market capitalisation of BSE-listed companies stood at Rs 1,48,76,217.22 crore, down by Rs 11,31,815.5 crore in six sessions.
Companies battling to get in shape after a nationwide lockdown to contain the coronavirus pandemic devastated the economy have been helped by regulators, but investors are worried. Should they be?
The Fed's governing board made that vow last week at its regularly scheduled policy meeting, promising to leave rates at their current near-zero levels until the economy reaches full employment
India has one of the largest local currency government bond markets among emerging-market economies with over $800 billion in debt stock
Focus on increasing share of premium products and on high growth segments is positive for earnings
Sebi invited applications from individuals and entities to be empanelled as SMARTs to shore up the regulator's investor education initiative amid growing retail participation in the capital markets
In addition, there's also growing stress in the bank's SME (small and medium enterprise) loans, a segment which was fast growing until FY20
He also reiterated that the Insolvency and Bankruptcy Code (IBC) is not a recovery mechanism for lenders, but rather a means to preserve the value of enterprises
A bunch of firms -- ranging from a drugmaker to a jeweler -- will likely test investor demand over the next few months, helping revive fundraising through first-time sales from the lowest in 4 years
While corporate loans shall be restructured, retail and SME loans are at lenders' discretion
Think of it as the art market's version of the popular trading platform Robinhood Markets, which lets users buy a fraction of a company's share for a few dollars
The repealing of certain sections of the MMDR Act amounting to cancellation of mining leases already granted would send a wrong signal to both domestic and global investors, said FIMI
Chris Wood expects the recently concluded quarter to mark the bottom of the economic contraction
Continued automation and improvement in technological and service capabilities to help sail through the current crisis, but high valuation a hurdle
The acquisition of Future Group's 2,000 retail stores and Big Bazaar grocery chain will help Reliance, which sells everything from groceries to electronics
UP wooing corporations exiting China after Covid-19, US-China trade war