Manking Personal Finance Easy
With the quarterly earnings of India’s largest bank by total assets, State Bank of India, around the corner, analysts have become bullish on the stock and are predicting a healthy upside from the current market price. SBI will announce its September second quarter results on Friday, November 8. In the first quarter of the current…
The US dollar remained subdued for most of the week. On Friday, the dollar index rose sharply from a low of 103.68, recouping all the losses. Strong yields continue to support the dollar to maintain its strength. The dollar index closed the week flat at 104.28. The yield on US 10-year government bonds, on the…
At the invitation of the public, capital markets regulator Securities Exchange Board of India (Sebi) has released a consultation paper on assessment of issuance and listing of debt instruments and securities securities. For those unaware, Sebi had set up a working group to review the regulations governing securitized debt instruments (SDI), which came up with…
Persistent concerns over market valuations have worsened with 34 Nifty companies reporting flat net profit, while revenues grew 5 per cent, while EBITDA grew just one per cent. At the end of October, 34 of the 50 Nifty companies announced their results. Nine reported profits below expectations, while 10 posted profits above expectations, and 15…
Buy or sell shares: Despite market volatility, India’s benchmark Nifty 50 broke its four-week losing streak and ended last week with a modest gain of around 0.51 percent. However, on a monthly basis, October witnessed the biggest sell-off since the COVID-19 crash of March 2020, marking a turbulent turn in the markets. Strong foreign capital…
The Central Board of Indirect Taxes & Customs (CBIC) has made it mandatory from December 1 to declare the method used for producing synthetic or reconstructed diamonds at the time of export or import. This will help in speedy processing and inspection of the shipment, which in turn will facilitate trade. Synthetic or reconstructed diamonds…
The Indian stock market delivered an impressive performance last Samvat, with the benchmark Nifty 50 rising almost 25 percent. However, according to Shankar Sharma, top investor and founder of GQuant, an AI tech company, Samvat 2081 could be challenging and a year of moderate to negligible returns. “India’s performance over the past year has been…
Historically, US elections have had serious consequences for financial markets, and the crypto sector is no different. Industry experts suggest greater volatility is likely as investors may reduce their exposure to cryptocurrencies until there is more clarity on regulatory guidance. With the upcoming US elections in the spotlight, crypto markets are experiencing a mix of…
Latest Market News Today Live Updates: Watch Today’s Market Recap! Track Nifty 50 and Sensex moves along with top gainers and losers. See how the Asian and US markets fared and which sectors led (or fell). Summary: Follow Mint’s market blog for real-time updates on your favorite companies. This blog will keep you updated on…
During the special one-hour Muhurat trading session on Friday, benchmark indices ended with modest gains, marking a positive start to the new year for the seventh year in a row. The Sensex closed at 79,724 points, gaining 335 points or 0.42 percent, while the Nifty rose 0.41 percent to 24,304. Mahindra & Mahindra led the…
