Introduction: A Strategic Launch by Nifty On November 12, 2024, NSE Indices Limited introduced an innovative index, the Nifty India Select 5 Corporate Groups (MAATR). This index strategically tracks the top-performing companies from the Nifty 500 belonging to five corporate giants: Mahindra, Aditya Birla, Adani, Tata, and Reliance. It opens up new opportunities for benchmarking, …
Bandhan Mutual Fund has announced that it is set to introduce its offering, the Bandhan Nifty 200 Quality 30 Index Fund, providing investors with a fresh opportunity to diversify their portfolios, the fund is focusing on top-quality companies within the NIFTY 200. The fund offers growth plans and no lock-in, with a 0.25% exit load …
Bank Nifty Weekly Expiry Says Goodbye: What This Means for Investors On October 10, 2024, the Securities and Exchange Board of India (SEBI) announced a pivotal change in the derivatives market: the cessation of weekly index options for several indices, including Bank Nifty, effective November 20, 2024. This decision, aimed at strengthening market stability and …
Investors and traders in India will have a long weekend as the stock market will be closed on Friday, November 15, 2024, for Guru Nanak Jayanti. The market will also be closed on Weekend (Saturday and Sunday) for the routine weekend break, reopening on Monday, November 18, 2024. This marks a 3-day holiday for market …
The Nifty Smallcap 100 Index captures the performance of the small-cap segment of the Indian financial market. This index comprises 100 tradable stocks listed on the National Stock Exchange (NSE) and is calculated using the free-float market capitalisation method. The index level reflects the total free-float market value of its constituent stocks relative to a …
The BSE Sensex, launched on January 1, 1986, is India’s most tracked and iconic stock market index. It comprises 30 of the largest, most liquid, and financially robust companies across key sectors of the Indian economy, all listed on the Bombay Stock Exchange (BSE). Known as a barometer of India’s economic health, it reflects the …
The Nifty50 index began the week on a flat note but faced profit booking as the session progressed. On December 16, 2024, the index hit an intraday low of 24,601.75 before rebounding, aided by gains in banking and financial stocks. Despite this recovery, the index closed 0.4% lower, ending the day above the 24,650 mark. …
On December 16, 2024, the BSE Sensex and NSE Nifty50 closed in the red, echoing weak sentiment across Asian markets. The 30-share Sensex declined by 384.55 points (0.47%) to settle at 81,748.57, moving between a high of 82,116.44 and a low of 81,551.28 during the session. Similarly, the NSE Nifty50 dropped 100.05 points (0.40%) to …
On December 13, 2024, the BSE Sensex ended in green closing at 82,133.12, up by 1.04% and NSE Nifty50 closed at 24,768.30, rising by 219.60 points or 0.89%. Sectoral Performance On Friday, Nifty Metal, Nifty Midsmall Healthcare and Nifty Media ended in the red. Nifty FMCG and Nifty Consumer Durables ended in the green. Nifty FMCG rose …
The Provident Fund (PF) is a government-mandated savings initiative aimed at offering financial security and retirement benefits to employees. It functions as a long-term savings tool and is widely adopted in various countries, including India, under specific regulations. Withdrawals from the Provident Fund at ATMs Starting in January 2025, individuals will be able to withdraw …
