Tag: genuine investment adviser

Sensex and Nifty give up six-day gaining spree; leaves investors poorer by nearly Rs 5.5 lakh crore

August 31, 2020 / admin / 0 Comments

It was bloodbath on Dalal Street on Monday as domestic benchmark indices tanked over 2% during the day’s trading session. S&P BSE Sensex ended 839 points or 2.13% lower at 38,628 points, while the 50-stock Nifty gave the 11,400 mark and closed at 11,342. Analysts say that equity markets saw …

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Sebi extends timeline for implementation of procedural guidelines for proxy advisors to January 1

August 27, 2020 / admin / 0 Comments

Markets regulator Sebi on Thursday extended the timeline for implementation of procedural guidelines for proxy advisors to January 1. The guidelines issued by the regulator on August 3, were supposed to come into force from September 1. Proxy advisors advise shareholders on corporate governance issues and assist them with voting …

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Hopes of GST rate cut lifts auto stocks; TVS Motors up 4%, Bajaj Auto gains close to 3%

August 26, 2020 / admin / 0 Comments

In an otherwise volatile share market, that is witnessing the benchmark indices dance between gains and losses, it is the auto stocks that are having one of their best trading sessions in recent weeks. Bajaj Auto was one of the top gaining stocks on S&P BSE Sensex, along with Mahindra …

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Nippon India Multi-Asset Fund NFO garners Rs 720 crore

August 25, 2020 / admin / 0 Comments

Nippon Life India Asset Management on Tuesday said it has garnered Rs 720 crore through the new fund offer of its Multi-Asset Fund. The company claimed that this is one of the biggest amounts raised through a new fund offer (NFO) during the pandemic. Over 80,000 investors spread across 370 …

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Why foreign portfolio investments may hit a lifetime high in August 2020; FPI pours into the Indian market

August 19, 2020 / admin / 0 Comments

Foreign portfolio investors poured Rs 12,157 crore into the Indian capital market in one day on Tuesday, 18 August 2020, taking the overall FPI inflow so far this month to Rs 43,058 crore, according to the National Securities Depository Ltd (NSDL). Moreover, it is not the first time this month …

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Gold prices jump on weaker dollar, US-China trade tensions; yellow metal may hover in this range today

August 18, 2020 / admin / 0 Comments

Gold prices were trading higher on Tuesday after rising 2 per cent in the previous session, supported by lower US bond yield and escalation in US-China trade tensions. Gold October futures were trading Rs 280 or 0.53 per cent up at Rs 53,555 per 10 gram, while the silver September …

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The apt time to invest in gold, prices may surge 10-12% more in coming months

August 14, 2020 / admin / 0 Comments

Indians’ love affair with gold goes beyond the usual perception of the yellow metal in other parts of the world, where it is seen widely as an investment option. For millennia, gold has held a special place in Indian families, as an auspicious and ornamental asset. This sentiment continues to …

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HAL share price hits fresh 52-week high on approval of equipment acquisition worth Rs 8,722 cr

August 12, 2020 / admin / 0 Comments

Hindustan Aeronautics Ltd (HAL) share price surged over 10 per cent to hit a fresh 52-week high of Rs 1,126 apiece, a day after the Ministry of Defence approved the capital acquisitions of various platforms and equipment worth Rs 8,722.38 crore required by the Indian Armed Forces. HAL stock price …

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