Category Archive For "News & Updates"
Weekly Market Update: NIFTY and Sensex suffered correction.
Date: 9/12/2018 Short Market Update: Rupee lost 2% against the dollar, Crude Oil prices rose as much as 5% after OPEC members meeting. Markets underwent correction this week due to macroeconomic factors. On Friday, markets rallied thanks to strong global cues, with BSE Sensex up 361.12 points or 1.02% and closed at Rs 35,673.25, and …
Weekly Market Update: NIFTY and Sensex rallied during the week
Date: 1/12/2018 Short Market Update: Higher rupee, falling crude helped markets rally during the week and closed with weekly gains over 3%, GDP growth at 7.1% and Sebi to lower capital market trading cost. On Friday, markets closed almost flat, with BSE Sensex up 23.89 points or 0.07% and closed at Rs 36,194.30, and NSE …
Daily Market Update: NIFTY and Sensex traded on a positive note, IT stocks outperform.
Date: 28/11/2018 Short Market Update: Positive close for markets, RBI to conduct OMO purchase of Rs 40,000 Cr in December and Bank credit flow to commercial sector pickups. Sensex up 200 points, NIFTY above 10,700. IT and Energy among top gainers. BSE Sensex stood higher by 203.81 points or 0.57% and closed at Rs 35,716.95, …
Daily Market Update: Sensex and NIFTY end high, IT and Bank Stocks Witness buying
Date: 27/11/2018 Short Market Update: Markets end in green in the last hour of trading. Mirae asset Equity Savings Fund launched. Fund houses file for new funds. Today’s market ended high mainly due to the positive note during closing hours. Major gains were seen in the IT sector and oil and gains. Metal and healthcare …
Side Pocketing of Toxic Assets in Mutual Funds
SEBI is considering a proposal of side pocketing toxic assets in the mutual fund portfolio. A side pocket allows fund managers to move a toxic asset from good assets. It allows the fund to set aside assets and split the NAV into two parts. The fund will now issue separate units in pro rata basis. …
Daily Market Update: Sensex and NIFTY trade in green, ONGC and Yes Bank end Red
Date: 26/11/2018 Short Market Update: Markets end in green due to support form strong macros. Mutual fund folios at a record high. Today’s market ended high. Pharma stocks and metal stocks are in red due to high selling pressure. FMCG and capital goods stocks end in green. Strong rupee and soft oil contributed to the …
Daily Market Update: NIFTY and Sensex in red, Banking stocks crack.
Date: 22/11/2018 Short Market Update: Negative end for markets, trading holiday on November 23rd and Shreyash Devalkar exits Axis Equity Hybrid Fund as a Fund Manager. Markets ended on a negative note. Metal and Telecom stocks witness selling. BSE Sensex down 218.78 points or 0.62% and closed at Rs 34,981.02, and NSE Nifty ended lower …
Daily Market Update: NIFTY and Sensex end in red, IT stocks among biggest losers.
Date: 21/11/2018 Short Market Update: Markets end on a negative note, DHFL reported 52.55% growth and Oil prices claw back. Markets witnessed selling pressure during closing hours. IT and energy stocks witness selling. BSE Sensex down 274.71 points or 0.77% and closed at Rs 35,199.80, and NSE Nifty ended lower by 56.20 points or 0.53% …
Daily Market Update: Sensex and NIFTY end low, Metal and IT Stocks under Selling Pressure
Date: 20/11/2018 Short Market Update: Market ends on a negative note. SRO for mutual fund distributors. Reliance applied for an overnight fund. Today’s market ends on a negative note due to high selling pressure towards the end of the session. Metal and IT sector indexes ended in red. BSE Sensex is down by 300.37 points or …
Daily Market Update: NIFTY and Sensex end High, Realty and FMCG Stocks Witness Buying
Date: 19/11/2018 Short Market Update: Market ended on a high note. Yes Bank is a top gainer. Siemens posted good results, beats estimates. Market ends on a strong note towards the end of the trading hours. Realty and FMCG stocks witnessed gains due to large buying. BSE Sensex up 317.72 points or 0.90% and closed at …
Prateek Mehta
Simplifying Personal Finance | Co-founder & CEO, Upwardly.in | Runner | Father | Learner
