The RBI data showed a clear trend of increasing preference for term...
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True North, Krishnan Ramachandran sell 10 pc stake in Niva Bupa Health for Rs 1,507 cr
DSP Mutual Fund acquired more than 4.96 crore shares in four...
Despite interest surge in gold, institutional investors remain hesitant: Report
Investment-related demand for gold that increased by 170 per cent...
Sensex surges beyond 69k mark as nifty rockets with 400-point rally: Investors’ wealth rises by Rs 2.4 lakh crore
Foreign portfolio investors acquired stocks worth Rs 2,073.2 crore, while domestic institutional investors remained net buyers in the last two sessions, purchasing stocks totalling Rs 4,797.1 crore, according to NSE data. Gold prices reached new highs in Monday's...
Equity benchmark indices jump more than 1 pc to hit life-time peaks
The market capitalisation of all listed companies on BSE surged by Rs 4.09 lakh crore to Rs 341.76 lakh crore BJP's clear majority in Madhya Pradesh, Rajasthan and Chhattisgarh state elections further fuelled the positive sentiment built up last week on the back of...
“We are likely to come out with a set of pension regulations soon”
Gujarat International Finance Tec-City, India’s newest financial hub and a flagship project of Prime Minister Narendra Modi, is preparing for its next phase of growth. The first phase followed the creation in 2020 of a new regulator, the International Financial...
UBS sees shift in new billionaires away from entrepreneurs to inherited wealth
"This is a theme we expect to see more of over the next 20 years, as more than 1,000 billionaires pass an estimated $5.2 trillion to their children," said Benjamin Cavalli, head of strategic clients at UBS Global Wealth Management Number of billionaires rose by 7% to...
After Munger’s death, Berkshire succession comes into focus
Ajit Jain,Vice Chairman, Insurance Operations, Berkshire Hathaway Charlie Munger's death, on Tuesday, leaves Berkshire Vice Chairmen Greg Abel and Ajit Jain, who respectively oversee its non-insurance and insurance businesses, as the 93-year-old Warren Buffett's top...
Mcap of BSE-listed firms hits record high of USD 4-trn club
While the BSE benchmark Sensex has rallied 5,333.46 points, or 8.76 per cent, so far this year, the market capitalisation (mcap) of all listed firms at its platform has jumped Rs 48.67 lakh crore Mumbai: For the first time, the combined market capitalisation of...
Sebi plans to introduce same day trade settlement by March 2024
Madhabi Puri Buch ,Chairperson,Sebi Amid concerns in some quarters over the exorbitant valuation of certain initial public offerings, Sebi Chairperson Madhabi Puri Buch has said the regulator would certainly look into the matter if disclosures on the valuation are...
Equity investors become richer by Rs 3.29 lakh cr as markets rally over 1 pc
''This is likely to draw FII flows into emerging markets, which is good for India considering the current better earnings season and the festive demand pick-up. The drop in the CPI for India also improved the mood,'' said Vinod Nair, Head of Research at Geojit...
Investors interest in Gold ETFs surges; attract Rs 841-cr in Oct
''With the ongoing geo-political tensions, fear of continued hike in interest rates in the US, inflation still higher than expectations, and growth rate slowing down, the appeal of Gold as a safe haven and hedge against inflation is expected to continue,'' Melvyn...
FPIs selling spree continues; pull out Rs 5,800 cr from equities in Nov
The FPI selling trend which started in September continued in October and is showing no signs of reversing in November even though the intensity of selling has come down this month. This could be largely attributed to the growing geo-political tensions due to the...