The board of leading exchange NSE on Friday approved a bonus issue in the proportion of 4-to-1 through the capitalisation of reserves. Under the proposed bonus issue, investors of the unlisted company will get four shares for every share they hold as on the record date. The proposed bonus issue needs to be approved by …
Nifty on Monday ended 189 points higher to form a long-legged Doji candle pattern on the daily chart as it managed to move above the initial hurdle at 22,300 levels. If the index manages to sustain above 22,500, the market could even reach new all time highs in the near term. Immediate support is at …
A few days after National Stock Exchange’s managing director (MD) and CEO Ashishkumar Chauhan’s deep fake video wherein he is seen recommending stock went viral, BSE’s MD and CEO Sundararaman Ramamurthy’s video is also doing rounds on the social media. Mr Ramamurthy has clarified that he does not initiate or endorse any such communication via social …
MUMBAI – The National Stock Exchange (NSE) of India will launch four new indices in the cash and futures and options segments with effect from April 8. The exchange has proposed online dissemination of indices namely, Nifty Tata Group 25% Cap, Nifty500 Multicap India Manufacturing 50:30:20, Nifty500 Multicap Infrastructure 50:30:20, and Nifty MidSmall Healthcare, according …
Nifty on Friday ended 85 points higher to form a green candle with a minor upper shadow on the daily chart. On the weekly scale, a small positive candle with a long lower shadow was seen. The short-term trend of the Nifty remains positive. A sharp move above the hurdle of 22,200-22,300 levels could pull …
Nifty on Thursday ended 149 points higher to form an Inside Bar candle on the daily chart as it consolidated around the lower half of the previous session’s candle on the daily timeframe. The positive chart pattern like higher tops and bottoms is still intact, as the Nifty managed to make a new higher swing …
India’s market capitalisation can grow from $4.8 trillion now to $50 trillion in the next 20 years, National Stock Exchange (NSE) CEO Ashish Chauhan has predicted. If India must reach a market cap of $50 trillion in next 20 years, it will come on the back of tech-driven startups that will lead wealth creation, National …
Nifty on Thursday fell over 200 points to form a strong bearish candle on the daily chart, which might negate the intermediate bullish undertone. The short-term trend of Nifty seems to have turned down and one may expect some more weakness in the short term. The near-term uptrend of the market remains intact and further …
Stock exchanges will be conducting a special live trading session on January 20 (Saturday), in a move to switch over to the Disaster Recovery (DR) site. This aligns with the framework for the Business Continuity Plan (BCP) and Disaster Recovery Site (DRS) for stock exchanges and depositories, outlined by the Securities and Exchange Board of …
As bulls continue their run on Dalal Street, retail investors have more reasons to cheer than one. Sceptics may say that the music may stop anytime, but the optimists argue that it is hard to stop dancing when the music is still on. Both benchmark indices have hit their lifetime highs in quick succession on numerous occasions in …