The biggest venue of impact was the US stock options market, where trading volumes are smashing records as investors of all stripes rush into short-dated contracts to catch up.

Before jumping into any statistics, let’s discuss what the macroeconomic situation has been over the last 10 months. The economy has witnessed a roller coaster ride of events, from the Russia-Ukraine War to skyrocketing inflation, markets have seen it all. High commodity prices have hit companies’ margins all over the Continue Reading

An index fund largely means investing in a basket of stocks that represents a particular index. So, giving an example; if an investor chooses to invest in an index fund of Nifty 50, then the amount will get invested amongst all the 50 stocks in Nifty, in the same proportion.

Last heard, the company’s shares were being dealt at a premium of Rs 120-125 in the unofficial market, translated into a premium of about 30% compared to its issue price of Rs 407.

India’s overall exports (merchandise and services combined) in April-October 2022 are estimated to be USD 444.74 billion, exhibiting a positive growth of 19.56 per cent over the same period last year. Overall imports in April-October 2022 are estimated to be USD 543.26 billion, exhibiting a positive growth of 33.80 per Continue Reading

The committee, which has been appointed by the Commonwealth Parliament and reviews Australian government’s treaty actions, said that “there is no single market with more growth opportunities for Australian businesses than India”. The ECTA will enter into force 30 days after both countries have confirmed with each other in writing Continue Reading

Data from the Reserve Bank of India (RBI) showed that the investments to deposits ratio is now closer to 29% compared with a recent peak of 30% recorded in August indicating that banks have started shifting their deposits to higher yielding loans as credit demand picks up.

In the notification, which takes effect on Saturday, the government also removed export tax on some steel intermediates from 15%, also imposed in May.

Under the new rule, the target company will be deleted from the index a day before the ex-date in case of a merger

“Nifty has to hold above 18,250 zones for an up move towards 18,444, then 18600 zones, whereas supports are placed at 18,188 and 18,000 zones,” said Chandan Taparia of Motilal Oswal. Analysts said the positive chart pattern, like higher tops and bottoms continued on the daily chart, and Nifty is Continue Reading