The three main US stock market benchmark indices — the Dow Jones, the S&P 500 and the 500-strong Nasdaq Composite — rose on Thursday, March 30. The blue-chip Wall Street gauges took positive moves across a majority of main markets across Asia and Europe. Investors awaited a key US GDP estimate and data on jobless claims from the US to assess the resilience of the world's largest economy.
Last year was a successful one for the Indian PC market (desktops, notebooks and tablets), with shipments up 5% to reach 19.6 million units. Desktop and tablet shipments increased significantly by 37 per cent and 21 per cent to 3.2 million and 5.4 million units respectively, in 2022.
The three main Wall Street indices — the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite — are all set to make a gap-up start to the day on Wednesday, March 29. Banks will remain in focus after suffering wild swings for a chain of sessions owing to the failed collapse and rescue of US-based lenders. The focus in the US stock market has once again shifted to the impact of higher-for-longer interest rates, amid fears of at least
Nifty 50 and Sensex continued to fall after a day's breather. Sigh of relief to investors rocked by wild swings in banking shares. Losses in IT and auto stocks pulled both SenseX and Nifty lower.
Anil Singhvi expects a buy zone for the Nifty50 benchmark at 16,850-16,950 levels on Tuesday, March 28, the second trading day of a four-session trading week in the Indian share market. He sees support emerging at 39,150-39,275 levels, and a strong buy zone in the 38,900-40,050 band.
Anil Singhvi expects support for the Nifty50 benchmark at 17,000-17,050 levels on Friday, March 24. He sees a strong buy zone coming in at 16,850-16,950 levels. For the banking index, he expects an higher zone at 17,100-17,150 levels and a profit-booking zone in the 40,075-40,200 band.
Yellen said the government would guarantee all $19.2 trillion in bank deposits. But she has stopped short of a blanket guarantee, which would insure account balances of any size, including those above the current limit of $250,000. The comments have sent markets on a roller coaster ride.
Anil Singhvi expects support for the Nifty50 benchmark at 17,000-17,050 levels on Thursday, March 23. For the banking index, he sees a higher zone at 17,150-17,225 levels and a strong sell zone in the 39,375-39,500 band. His index longs at oversold levels, unchanged at 8% on Thursday as the previous day.
Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 benchmark at 17000-17050 levels on Wednesday, March 22. He sees support emerging at 39600-39750 levels, and a strong buy zone in the 39375-39500 band. For the banking index, he expects a higher zone at 17150-17225 levels.
Credit Suisse stock still appears to be in a tailspin, though its historic bailout has brought a much-needed sigh of relief to the banking stock-faithful bulls in major stock markets. Experts find the decision of the Swiss authorities — that bondholders will get nothing — to be really strange.
The charts are building up for Nifty 50 and Sensex:Nifty LIVEThe headline index gains 94.9 points to touch 17,083.3 at the strongest level of the day so far.
A total of 359 passenger-related complaints were received by the scheduled domestic airlines in February 2023. The number of complaints per 10,000 passengers carried for the month of February has been around 0.3 per cent.
Foreign portfolio investors have put in Rs 11,500 crore in the Indian equities so far this month. This comes after a net outflow of Rs 5,294 crore in February and Rs 28,852 crore in January. Previous inflows included bulk investment from the US-based GQG Partners in the Adani Group companies.
All three indexes ended the session deep in negative territory. The S&P 500 lost 43.64 points, or 1.10 per cent, to 3,916.64 and the Nasdaq Composite dropped 86.76 points.
Rajesh Gopinathan says journey with TCS wonderful, there couldn't be a better time to move onHere are some highlights of what the outgoing CEO said: 'company wanted to bring new CEO with onset of a new financial year'
The Indian stock market took nascent positive cues from european equities and Wall Street futures. A bounceback in credit Suisse shares led to optimism of an end to the turmoil in banking shares around the globe.
Singapore Exchange (SGX) Nifty futures rose as much as up 77 points or 0.4 per cent to 17,248 ahead of the opening bell on Dalal Street. Investors globally await a key US inflation reading due later in the day to gauge the future course of benchmark interest rates.
The statutory regulator of securities markets will investigate the market allegations against the Adani Group. The nine listed companies forming part of the group witnessed a decline of around 60 per cent of market capitalization from January 24, 2023, till March 01, 2023.
The stock of HAL surged to a record high of Rs 2,915 apiece on Monday. But it reversed gains to close with a cut of 2% at Rs 2,794. Analysts say the stock may just be warming up for more upside.
The Indian markets resumed the corrective tone after a pause for a week and shed over a percent. Lingering fear of sharp rate hikes by the US Fed and fresh turmoil in the US banking space turned the tone completely.
Anil Singhvi expects support for the 50-scrip headline index at 17,425-17,465 levels on Friday, March 10. He sees support emerging in the 40,750-40,875 area and a strong buy zone in the 41,500-41,650 band. For the banking index, he expects a higher zone at 17,575-17,650 levels.
The global telecom market closed in 2022 with a 9.7 per cent decline in revenue compared to the previous year. India was one of the silver linings, according to a report by market intelligence firm GfK. The next level of telecom market growth will be driven by premium handsets, 5G, and wearable devices.
India equity benchmarks Sensex and Nifty50 finished almost one per cent weaker on Thursday. Weakness across major markets globally and sustained foreign fund outflows hurt investors' sentiment on Dalal Street.
Internet Fund III Pte sold 1,23,63,060 shares, up 1.70 per cent stake in the company. The shares were offloaded at an average price of Rs 335.06 per scrip.
Private credit funds are professionally managed pools of money raised to lend money to private companies. This comes amid a decline in lending to this segment by commercial banks after the Global Financial Crisis.
Only 53 per cent of founders had positive fundraising experience in 2022, down from 92 per cent in 2021, a report said. 58 per cent expect a tough fundraising environment, according to the report by innoVen Capital, Asia's leading venture debt firm.
Mutual funds are gaining popularity among investors because of higher returns. ELSS scheme has a lock-in period of three years from the date of unit allotment.
Personal loans are very helpful when there is a cash crunch. It provides easy access to cash without the need to pledge collateral. The lack of collateral makes a personal loan the go-to option when emergency funds are required.
Banks and financial institutions offer different types of loans to consumers. The loan amount for various purposes attracts a certain interest rate. However, institutions reject loan applications.
IQOO has confirmed the launch date of its latest smartphone. It will come with MediaTek Dimensity 8200 SoC or System-On-Chip. The device will have full coverage 3D cooling system.
The amazon Great Republic Day Sale 2023 is live with blockbuster deals and great offers. Customers have a chance to avail up to 40 per cent off on smartphones and accessories from top brands like iphone, Samsung, OnePlus, Xiaomi, Oppo, Tecno, and much more.
The ELSS scheme is an equity-oriented scheme with a mandatory lock-in period of three years. One can enjoy the dual benefits of capital appreciation from investments in equity. The LTCG is taxed as long Term capital gains tax.
Indian frontline indices Sensex and Nifty50 will resume trading on Tuesday. Broader market nifty50 finished at 17,894.85, down 61.75 points or 0.34 per cent. The banking gauge settled at 42,134.85, lower by 236.40 points.
Investing in 20s: investments play a significant role in deciding one's lifestyle and future. Planning and implementing smart investment strategy would be a great idea. Learn the basics of personal finance.
There are no tax benefits on the repayment of a personal loan. However, interest paid on the personal loan can be claimed. The borrower can claim the tax benefit in the year in which they sell the asset.
The Modi government approved the promotional incentives for Rupay debit cards and low-value transactions of BHIM UPI. The Union Cabinet met today to approve incentives worth Rs 2,600 crore for FY 2022-23. Under the scheme, banks would be provided financial incentives for promoting Point of Sale (PoS) and e-commerce transactions using RuPay and UPI in the current financial year.
From June 2022 lows, the Nifty Midcap 100 has jumped 25 per cent, as against a 19 per cent rise. A bottom-up approach in Small and Mid-Cap has key themes like capital expenditure (Capex) revival, housing demand, and Production-led Incentive (PLI) schemes.
The amazon Great Republic Day Sale for the year 2023 will start from January 19 to January 22. Customers will get jaw-drop discounts on electronic items, clothing, accessories and much more.
SGX Nifty was an early indicator of sentiment on the NSE Nifty50. The 30-share BSE Sensex closed down 293.14 points or 0.48 per cent at 60,840.74. 13 markets, including US markets, will remain closed today.
Broader market Nifty50 ended at 18,105.30, down 85.70 points or 0.47 per cent. S&P BSE Sensex closed at 60,840.74, down 293.14 points. On weekly basis, benchmarks ended with gains with Nifty 50 higher by 1.74 per cent according to expert.
A new year resolution for many of us could be to have better financial planning for a more secure and prosperous future. What should be your smart investment plan in the new year 2023 and what are the first steps to investing?
This is said to be the highest interest rate on savings account among banks today. The bank is offering 7.11% per annum on account balance ranging from 5 to 25 Lakhs.
Shares of Elin Electronics will be admitted to dealings on the exchange in the list of 'B' group of securities. The listing will take place around the issue price of Rs 247 per share.
Financial goals are financial milestones that a person sets out to achieve. The goal can be anything from buying a house to getting certain returns from equity and debt instruments. Different people may have different objectives, such as paying off debts or loans, going on a vacation, or retirement. How to craft financial goals in 6 simple steps: List down all the goals.
A large number of investors choose to invest in lumpsum investments as it involves fewer transactions. The lumpsum investment is recommended as a variable investment strategy. A chosen investment scheme will meet the financial goals or not for the specific investor.
The start of the new calendar year also means a lot of changes which we may have to bear directly or indirectly. These changes include bank lockers, credit cards, GST, CNG-PNG prices among others. All of these changes will become effective on January 1, 2023.
Sensex was tradig at 60,784.83, up 218.41 points or 0.36 per cent. Broader market Nifty50 was trading at 18,119.50, higher by 104.90 points. 47 stocks advanced around this time.
The market, he said, will reclaim 18,500 next week and suggest investors not fall prey to the rumours. He warned last week that the market is overbought and book profits.
The e-commerce company is offering huge discounts on its website. The sale started on December 24 and will continue till December 31. It is offering a 64GB variant of iPhone 11 at Rs 38,999.
Managing Editor Anil Singhvi gives his assessment of the equity markets in 2022. He outlines his key takeaways explaining what investors must learn, relearn and unlearn from markets this year. Singhvi said that investors need to unlearn the definition of recession. He said that interest rate hikes undertaken by Central Banks are followed by recession.
S&P BSE Sensex and NSE Nifty50 are likely to open positive even as global cues renain limited. Global markets in at least a dozen major economies including US and UK will remain closed today. Singapore-based SGX Nifty, an early indicator of movement in Nifty was trading at 17,883, up 19 points.
The volatility in the domestic markets is likely to continue, led by the global trends and the coronavirus situation in China during the last week of 2022. Analysts believe other factors such as December month derivatives expiry, foreign investors flow, rupee and crude oil movement may also influence the market this week.
A low CIBIL score indicates that you are a high-risk borrower and it can affect your ability to get new credit. A 'settled' loan account is a sign of high risk for lenders and you are unlikely to get any form of credit in the near future, says amit Gupta.
Indian frontline indices S&P BSE Sensex and NSE Nifty extended gains after starting on a cautious note. Buying in bank & financial services, FMCG and auto stocks lifted the mood of the markets. The 30-stock Sensex ended at 61,806.19, up 468 points or 0.76 points while Nifty50 finished at 18,420.45, up 151.45 points.
Gifting a health insurance is an excellent way to protect family, assets and property. Insurance is the best way to manage risks, secure the future and encourage savings. A fixed deposit is also called a term deposit.
Rising inflation, macroeconomic conditions, and geopolitical issues played heavily on the minds of several investors in 2022. As the year is about to end it is necessary for investors to know what worked well for their personal investment portfolio and what needs to be improved. According to Omkeshwar Singh, Head RankMF at Samco Group, one significant thing that investors need to remember is assessing the quality, and volatility of their portfolio.
The electric vehicle industry has taken the Indian automotive market by storm. India recorded a staggering growth rate of 686 per cent in the first quarter of 2022. Significant demand for EVs has been seen with a 0.7 per cent market share which is further projected to touch 3.8 percent by 2027.
Jana Small Finance Bank has announced a hike of interest rates on regular fixed deposits from 15th December, 2022 onwards. With this increase, the bank is offering one of the highest interest rates across the Banking space. Senior Citizens can reap the benefit of 8.80% on a FD for a tenure of 2-3 years.
