Calcutta Stock Exchange: A Legacy Comes to an End The Calcutta Stock Exchange, one of India’s oldest bourses, may this year celebrate its last Kali Puja and Diwali on October 20 as a functioning exchange, with the process of voluntary exit as a bourse nearing completion after a decade-long legal battle. A Brief History of […]

Corporate Actions This Week: IRFC, Tech Mahindra To Trade Ex-Dividend, And Covidh Technologies To Issue Rights The festive week ahead will have some prominent companies giving away their dividends and trading ex-dividends. The week is less busy compared to other weeks. IRFC, Tech Mahindra, and Waaree Energies to Trade Ex-Dividend In the upcoming week, Indian

Nvidia’s Market Share in China Drops to Zero: A Result of US Trade Restrictions The ongoing trade war between the United States and China has had a significant impact on many US companies, including Nvidia. The company’s co-founder and CEO, Jensen Huang, recently admitted that Nvidia’s market share in the advanced AI chip segment in

FPIs Reverse Three-Month Trend To Buy Rs 6,480 Crore Into Indian Equities In October In what could be a major sentiment booster for Indian markets, foreign portfolio investors have turned buyers with a Rs 6,480 crore investment in the month of October, thus reversing a three-month selling trade. Indeed, FPIs net sold Rs 23,885 crore

Gold and Silver Prices in India Witness Sharp Correction After Dhanteras After an unprecedented rally, gold and silver prices in India witnessed a sharp correction after the end of Dhanteras, as profit booking and easing global outlook pulled rates back from the recent record highs. Gold Prices Touch Unprecedented Levels During Dhanteras Gold prices, after

MCap Of Top-Valued Firms Surges: Reliance Industries, Airtel Biggest Gainers The combined market valuation of seven of the top-10 most valued firms surged Rs 2.16 lakh crore last week, with Reliance Industries and Bharti Airtel stealing the limelight, in tandem with an optimistic trend in equities. Weekly Market Trends Last week, the BSE benchmark jumped

Gold Prices Show No Signs of Slowing Down With gold prices witnessing an unprecedented and record-breaking rally, Zoho Corporation’s Co-founder and CEO, Sridhar Vembu, has issued a warning sign for investors, stating that debt levels have gone too high. Reacting to an op-ed from former IMF First Deputy Managing Director, Gita Gopinath, Vembu added that

RBL Bank to Receive $3 Billion Investment from Emirates NBD, Triggering Open Offer Emirates NBD, the second-largest bank in Dubai, will invest $3 billion in RBL Bank Ltd., triggering an open offer and altering the Indian private bank’s shareholding structure. According to RBL Bank’s Chief Executive Officer, R Subramaniakumar, the investment will lead to the

Emirates NBD-RBL Bank Deal: A New Era for Indian Banking? Shareholders of RBL Bank will soon vote on the highly anticipated deal with Emirates NBD, marking a significant milestone in the Indian banking sector. The proposed acquisition has been making headlines, with many investors eager to know what this means for the future of RBL

Nifty In Technical Charts: Buy The Dip Time Is Back! Well, finally the market seems to have got the much awaited push higher, hauling itself past the 25,500 levels that was confining it so far. I ended the last week letter stating that “market is in with a chance to push higher if it can