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Sensex zooms 2,314 pts after Budget 2021; Nifty reclaims 14K
After touching an intra-day high of 48,641.23, the 30-share Sensex was trading 2,311 points or 4.99 per cent higher at 48,595.25; and the broader Nifty surged 462.15 points or 3.39 per cent at 14,096.75.
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Govt to hike FDI cap in insurance sector to 74%
FDI limit for insurance sector increased from 49 per cent to 74 per cent in insurance companies and allow foreign ownership and control with safeguards.
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Sensex rallies nearly 1,000 pts as FM presents Budget 2021
The 30-share Sensex was trading 929.54 points or 2.01 per cent higher at 47,215.31; and the broader Nifty surged 260.05 points or 1.91 per cent at 13,894.65.
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GST revenues touch record high of Rs 1.20 lakh cr in Jan
The GST revenues during January 2021 are the highest since introduction of GST.
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Sensex tanks 5% in a week ahead of Union Budget 2021
Benchmark equity indices witnessed a sharp fall during the week ended 29th January. The mood in the market was fragile as investors became wary of risks due to upcoming budget and heavy selling by FIIs.
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Sensex plunges 588 points to close below 46,500; Nifty ends at 13,634
After a gap up opening, the BSE Sensex and BSE Nifty ended Friday’s volatile session more than 1% lower, dragged by heavy selling in IT and auto stocks. Maruti Suzuki, Bajaj Auto, Infosys, Bharti Airtel, and Bajaj Finserv, down between 5% and 2.5%, were the top losers. On the flipside, IndusInd Bank, Sun Pharma, HDFC […]
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Here’s what AMFI expects from Budget 2021
Mutual Funds need parity with ULIPs.
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Securing retirement income in low-interest rates era
Few investment options that offer a better return than bank FDs for senior citizen.
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What is Nifty, its constituents & how is it calculated
NIFTY 50 is a benchmark based index and also the flagship of NSE, which showcases the top 50 equity stocks traded in the stock exchange out of a total of 1600 stocks.
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The importance of 72
In personal finance, if you divide the number 72 by the rate of interest, you get to know the number of years it will take for you to double the money… Eg: if the rate of interest is 9%, simply divide the number 72 by 9% and the answer is 8. Thus it will take […]
