Search Results for: Edelweiss Securities

Sensex snaps five-day losing streak, Nifty closes above 24,300

Indian stock market remains on consolidation path, DIIs absorb heavy selling

The week saw Donald Trump returning to power in the US election amid a second consecutive rate cut by Fed this year, as the Indian stock market continued to experience consolidation due to heightened selling pressure from foreign institutional investors (FIIs).

13 days ago

Sensex sheds over 900 points, all eyes on US election and Fed data

As FIIs on selling spree, DIIs step in to absorb; Indian stock market remains on consolidation path

Despite the massive FII selling, the stock market is resilient since the valuations are fair and every selling is being absorbed by domestic institutional investors (DIIs) and individual investors, particularly high-net-worth individuals (HNIs)

13 days ago

US Fed cuts interest rate second time consecutively, to boost emerging markets

The US Fed cut interest rates by 25 basis points (bps) to 4.75 per cent and given the US macro indicators, the rate cuts now are rather pre-emptive.

14 days ago

Gold prices rise to 3-month high on back of safe-haven demand

Gold prices set to fall further after Donald Trump's win

Gold prices continue to fall after the US presidential election and on Thursday, the December future contracts of gold on MCX opened with a decline of 0.37 per cent at Rs 76,369 per 10 grams, while silver December future contracts were trading 0.24 per cent low at Rs 90,601 per kg.

15 days ago

RBI Governor rules out immediate rate cut as inflation still a concern

Reserve Bank of India Governor Shaktikanta Das on Wednesday said that although the central bank had shifted towards a softer neutral monetary policy stance to spur growth, this did not mean that an interest rate cut would happen immediately

16 days ago

Swiggy's high valuation, ongoing losses raise concerns about long-term sustainability: Angel One

Swiggy's Rs 11,327 crore initial public offering (IPO) faces several risks and challenges that potential investors should consider, leading online brokerage Angel One has said, adding that the company's high valuation, coupled with its ongoing losses, raises concerns about its long-term sustainability.

17 days ago

Investors' wealth surges by Rs 128 lakh cr in last Samvat 2080

As the Indian stock market ended Samvat year 2080, investors' wealth surged by a whopping Rs 128 lakh crore (about $1.5 trillion at current exchange rate) to Rs 453 lakh crore in just one year.

21 days ago

India gold reserves up 60 pc with 102 tonnes in April-Sept period: RBI data

As gold prices continue to surge amid geo-political tensions, the Reserve Bank of India (RBI) had 854.73 metric tonnes of gold as of September 30 and out of which, 510.46 metric tonnes were held domestically.

23 days ago

Sensex closes flat, ICICI Bank and Bajaj Finserv top gainers

Sensex snaps five-day losing streak, Nifty closes above 24,300

Indian stock markets experienced a significant rebound in Monday's market, with the Sensex surging by 602 points, closing at 80,005, and the Nifty climbing 158 points to settle at 24,339. The benchmark indices recorded the best session in one month.

25 days ago

Indexation removal on real estate won't hike tax burden, has limited impact

Real estate developers raise Rs 12,801 crore via QIP route this year

Real estate developers in India raised Rs 12,801 crore via qualified institutional placements (QIPs) in the first nine months this year, which is over 17 per cent of the total QIP issuance across sectors at Rs 75,923 crore

25 days ago

How can Investors Utilize Compounding in Mutual Fund Investments?

Learn how to use compounding in mutual fund investments to grow your wealth. Start early, reinvest earnings, and stay invested for long-term gains.

26 days ago

SEBI gives approval to Niva Bupa for Rs 3,000 crore IPO

Niva Bupa Health Insurance on Monday said it has received final approval from the capital markets regulator, the Securities and Exchange Board of India (SEBI), to raise Rs 3,000 crore through an initial public offering (IPO).

Oct 21, 2024

Indian Stock Market : Long-term outlook for domestic market remains robust amid geopolitical risks

Despite a sustained selling pressure from the foreign institutional investors (FIIs) amid geo-political tensions this week, the long-term outlook for the domestic market remains robust with a stability in growth and a pickup in capex.

Oct 19, 2024

crude oil, UAE-based Indian national sanctioned by US for smuggling Iranian oil.

Middle East tensions, high crude oil prices bring rupee to 84-mark against dollar

With elevated crude oil prices amid global geo-political situations, the rupee on Friday breached the 84-mark against the US dollar for the first time.

Oct 11, 2024

Demat accounts rise to 171 million in August, up 4 million

Demat accounts surge to 175 mn in India, NSE active clients climb to 47.9 mn

As Indian stock markets continue to outperform its global peers, the number of demat accounts increased to 175 million in the month of September, from 171 million in August.