SEBI Proposes Uniform KYC Process For Mutual Fund Folios: A Boost For Indian Investors The Securities and Exchange Board of India (SEBI) has released a consultation paper proposing a uniform process for opening mutual fund folios and executing the first investment. This move aims to ensure that all new folios are fully Know Your Client […]
US Yields Climb As Oil Jumps Before Inflation Data: Markets Wrap A surge in oil prices has rekindled concerns about inflation, which could impact the Federal Reserve’s ability to cut rates more aggressively, driving bond yields higher. Stocks rose amid solid earnings, with the S&P 500 hovering near 6,720. Understanding the Impact of Oil Prices
Q2 Results Updates: Colgate Palmolive Profit Falls, Declares Dividend; HUL Revenue Rises 2% The Q2 earnings season is in full swing, with several top Indian companies declaring their financial results for the quarter ended September 2023. In this article, we will provide an overview of the Q2 results of some key companies, including Colgate Palmolive,
SEBI Proposes To Ease Geo-Tagging Requirement For NRI Clients: A Boost For Overseas Investors The Securities and Exchange Board of India (SEBI) has proposed to ease the geo-tagging requirement for non-resident Indian (NRI) clients during their re-Know Your Client (KYC) or KYC process through digital onboarding or video client identification. What Is Geo-Tagging And Why
Gold Prices in India Hold Steady Above Rs 1,24,000: Check Current Rates Gold prices in India today held steady to Rs 1,24,530, after the festive season. On Tuesday, Gold prices slid the most in 12 years after a weeks-long furious rally. A confluence of factors dragged down the precious metal, including positive trade talks between
Market Outlook: Stocks To Watch On Friday Indian markets are expected to be volatile on Friday, driven by various corporate announcements and Q2 earnings updates. Hero MotoCorp Ltd., Vodafone Idea Ltd., Shipping Corporation of India Ltd., and NTPC Green Energy Ltd. are some of the stocks that will catch investors’ attention. Corporate Announcements After Market
Last Chance to Buy: Infosys, L&T Tech, REC, CESC Shares Go Ex-Dividend Soon Shares of Infosys Ltd., L&T Technology Services Ltd., REC Ltd., and CESC Ltd. are among the eight that will be of interest on Friday, as it marks the last session for investors to buy shares to qualify for receiving the interim dividend
SEBI’s Regulatory Action Against First Overseas Capital The Securities and Exchange Board of India (SEBI) has taken a significant regulatory action against First Overseas Capital Ltd (FOCL), a merchant banker, by imposing a 2-year ban on the company from taking new mandates and levying a fine of Rs 20 lakh for multiple violations of regulatory
Asian Stocks Higher As Trump-Xi Plan Eases Nerves: Markets Wrap Asian stocks rose on Friday as a plan for Donald Trump and Xi Jinping to meet eased nerves around a trade war. Oil prices fell ahead of US inflation data. MSCI Gauge of Asian Shares An MSCI gauge of Asian shares was up around 0.5%,
Nithin Kamath on Market Crashes: Greed Drives Boom and Bust Cycles Every market crash follows the same script, according to Zerodha co-founder Nithin Kamath. The one common driver of every boom-and-bust cycle is greed, highlights Kamath, stating that first it inflates the bubble and then the ‘bubble pops’. In a post on X (formerly Twitter),