NSE to launch derivatives on Nifty Next 50 Index (NIFTYNXT50) from April 24, 2024
NSE to launch derivatives on Nifty Next 50 Index (NIFTYNXT50) from April 24, 2024
The introduction of derivatives on the Nifty Next 50 index (NIFTYNXT50) will well complement the existing index derivatives product suite.
The Nifty Next 50 index has a 71 per cent correlation and a Beta value of 0.95 with the Nifty 50 Index. It has a correlation of 90 per cent with Nifty Midcap 150 index in financial year 2024.
FIIs bought 1,71,000 shares: This drone company signs agreement with CBAI Technologies Pvt Ltd to purchase 200 type certified training drones!
FIIs bought 1,71,000 shares: This drone company signs agreement with CBAI Technologies Pvt Ltd to purchase 200 type certified training drones!
The agreement entails the procurement of 200 type certified training drones over a span of 3 years.
As of March 2024, FIIs bought 1,71,000 shares and increased their stake to 2.02 per cent compared to 1.31 per cent in September 2023.
"Corporate India is witnessing a consensus earning upgrade cycle"
"Corporate India is witnessing a consensus earning upgrade cycle"
Despite reservations about the ‘froth’ building up in the mutual fund industry, Sorbh Gupta, Senior Fund Manager (Equities) Bajaj Finserv Asset Management, believes that the time is right for investors, especially those taking their first plunge, to park their funds in flexi-cap funds to take advantage of the positive trends
Interview with Sorbh Gupta, Senior Fund Manager (Equities), Bajaj Finserv Asset Management.
Shares below Rs 100: Only buyers were seen in these stocks on April 18
Shares below Rs 100: Only buyers were seen in these stocks on April 18
BSE-listed companies' market capitalisation is approximately - Rs 394 lakh crore or USD 4.72 trillion as of April 18, 2024.
The broader markets were in mixed territory, with the BSE Mid-cap Index down 0.39 per cent and the BSE Small-cap Index up 0.06 per cent.
Market Wrap: Benchmark indices close lower with Nifty FMCG among the top losers.
Market Wrap: Benchmark indices close lower with Nifty FMCG among the top losers.
On Thursday, Benchmark indices concluded the trading day on a negative note as Sensex substantially declined by 0.62 per cent and closed at 72,488.99 level, while Nifty also plunged by 0.69 per cent and closed at 21,995.85 level.
On April 16, 2024, foreign institutional investors (FII) offloaded shares worth Rs 4,468.09 crore, while domestic institutional investors (DII) bought shares worth Rs 2,040.38 crore.
Middle East Tension Disrupt Global Equities
Middle East Tension Disrupt Global Equities
Global Market Watch
The primary catalyst for the market's decline was the release of the much-anticipated Consumer Price Index (CPI) data.
Gold and Oil Stay Solid Amid Escalating Geopolitical Issue
Gold and Oil Stay Solid Amid Escalating Geopolitical Issue
Commodity Market Watch
Oil prices continued their upward trajectory in the past fortnight, reaching their highest levels since October 2021.
Hindustan Unilever Limited
Hindustan Unilever Limited
STABILITY ROCKED BY COMPETITION
The FMCG sector in India has experienced significant growth
driven by consumer demand and higher product prices,
particularly for essential items.
Trackpad
Trackpad
Nandan Denim Ltd (NDL), founded in 1994 and part of the diversified Chiripal Group, is India's largest and the world's fourth-largest integrated denim fabric maker.
Eyes Rs 250 crore revenue by FY30: Small-cap auto company signs MoU with South Korea’s Yongin for EV components facility!
Eyes Rs 250 crore revenue by FY30: Small-cap auto company signs MoU with South Korea’s Yongin for EV components facility!
This strategic agreement, expected to generate Rs 250 crore in business over the next 5 years, marks a crucial step in advancing the production of electric vehicles (EV) and electronic components within India.
The company’s client portfolio comprises leading OEMs in the domestic market and international markets.
All That Shines is Gold & Silver
All That Shines is Gold & Silver
Performance of Gold, Silver and Nifty 50
From Rs 17.26 to Rs 48.50 per share in just 256 days: Heavy buying witnessed in this multibagger penny stock; Hit 52-week high today!
From Rs 17.26 to Rs 48.50 per share in just 256 days: Heavy buying witnessed in this multibagger penny stock; Hit 52-week high today!
From Rs 17.26 to Rs 48.50 per share, the stock gave multibagger returns of 181 per cent in just 256 days.
From Rs 17.26 to Rs 48.50 per share, the stock gave multibagger returns of 181 per cent in just 256 days.