Originally planned to start on Tuesday, April 4, the NSE has delayed the implementation of the futures and options (F&O) expiry, which was supposed to start on Monday. The Securities and Exchange Board of India (Sebi) recommended in a consultation paper that all equity derivatives contracts on an exchange should only expire on Tuesdays or…
A survey by Crisil Ratings predicted that organized cables and wires makers would have a consecutive mid-teen growth in the upcoming fiscal year, building on an estimated 16 percent increase in FY25. “This will be due to increased investment in end-user segments like power generation and transmission, railways, and real estate in domestic markets, as…
Investors on the Bombay Stock Exchange (BSE) have won Rs 35 lakh crore so far this year in March, with the Sensex rising more than 4,500 points to hover around 78,000. This is the latest success for the Indian stock markets after months of relentless selloff. After a sharp decline following September’s record highs, the…
The much-needed support was given by robust domestic inflows, which caused the rupee to climb 12 paise to 85.86 against the US dollar in early trading on Monday. But, according to currency dealers, the local unit still faces difficulties due to hidden risks, which might range from crude oil prices to supply shortages. The rupee…
Stable oil prices, a decline in the dollar index, central bank liquidity support, and probable forex market interventions are just a few of the factors that have caused the Indian Rupee to rise more than 1% this week, continuing its winning streak into its eighth session and ending its best weekly performance in two years….
According to Kumar Mangalam Birla, chairman of the Aditya Birla Group, Hindalco plans to invest Rs 45,000 crore over the next three years in its copper, aluminum, and specialized alumina subsidiaries. The investment will be directed toward next-generation high-precision designed products and upstream operations. While speaking at the launch of its new corporate identity, Birla…
To shield the domestic industry from low-cost imports, the commerce ministry’s Directorate General of Trade Remedies (DGTR) has suggested imposing a 12% temporary safeguard levy on a few steel items. The Ministry of Finance will make a final decision. The DGTR stated in a notification that there are crucial situations in which any postponement of…
On March 19, the Nifty and Sensex experienced a surge in afternoon trading due to robust purchases in metal, oil and gas, and financial companies. However, the rally was restrained by weakness in IT and FMCG companies, which prevented the bulls from launching a full-scale attack. With the Midcap 100 and Smallcap 100 indices rising…
Bajaj Finserv is to investigate listing its insurance businesses after paying Rs 24,180 crore to acquire Allianz’s 26 percent share in Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance. There is a regulatory push for the IPO of larger insurance companies, according to Sanjiv Bajaj, chairman and managing director of Bajaj Finserv. After receiving…
The AC sector is celebrating despite the warmth, which may not be good news for you. The early start of summer and aggressive channel stocking are likely to support strong volume-led growth in Q4FY25. Between March and May, the Indian Meteorological Department has forecast an above-normal number of heatwave days in the majority of the…
