In the past four days, the benchmark has jumped 2,162.11 points or...
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Make GIFT IFSC more competitive to attract foreign investments: FM Sitharaman
Sitharaman visited IFSC at GIFT City in Gandhinagar on Thursday and...
Three days of sharp market rally makes investors richer by Rs 9.70 lakh cr
"FIIs continued to pare holdings due to the narrowing yield spread...
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...
India sees brisk gold sales on pre-Diwali Dhanteras festival
''Gold prices are in favour of business. We are positive about good sales today. We are receiving positive response from consumers and footfalls are gradually increasing,'' said All India Gem And Jewellery Domestic Council (GJC) Director Dinesh Jain With diamond...
Insurers to lead bids for Reliance Industries’ mega bond issue – bankers
"There is demand from long-term investors like insurance and pension funds. There has been a limited number of corporate bonds issuance in longer tenor in the last two quarters, so, this RIL issue comes at an opportune time," said Badrish Kulhalli, head of fixed...
Market investors become richer by Rs 7.95 lakh crore as stocks rally for 3rd day
''Nifty remained in positive territory throughout the session. Sentiments were lifted after credit agency Fitch, raised India's medium-term potential GDP growth estimates by 70 basis points. Majority of the sectors including the broader market ended in the green,''...