Kolkata, Measures are needed to curb speculative trading and develop a long-term investment culture, said Nilesh Shah, part-time member of the Prime Minister's Economic Advisory Council (EAC-PM).Shah, also CEO of Kotak Mahindra Asset Management Company Ltd, highlighted how long-term equity...
New Delhi: Gold prices rose by Rs 530 to Rs 73,080 per 10 gram in the national capital on Thursday tracking an upward trend in international markets, according to HDFC Securities.The yellow metal had settled at Rs 72,550 per 10 grams in the previous trade.Silver prices also increased from Rs...
The stock market is a place where you can invest or trade in stocks, bonds, mutual funds, IPOs and many other financial instruments. To enter this place for the purpose of building your portfolio and increasing your hard-earned wealth, you will need a Demat account along with a complete KYC.A...
Investors are cautioned and advised not to subscribe to any such scheme/product offered by any person/entity offering indicative/assured/guaranteed returns in the stock market, the exchange said in a statement. Don't take. Do not take, as it is prohibited by law.NSE said a person named "Ajay...
Dubai, Indian crypto exchange CoinDCX has announced the acquisition of BitOasis, the leading virtual asset trading platform in the Middle East and North Africa with the largest trading volume in Emirates dirhams.CoinDCX had previously made a strategic investment in BitOasis in August 2023...
New Delhi [India], Enforcement Directorate (ED) on Wednesday recorded statements of television actors Karan Wahi and Krystle D'Souza as part of an ongoing investigation in the illegal online currency trading case through the OctaFx application, official sources said.Officials aware of the...
New Delhi: Gold prices rose by Rs 50 to Rs 72,550 per 10 gram in the national capital on Wednesday in line with firm trends in international markets, according to HDFC Securities.The precious metal had closed at Rs 72,500 per 10 grams in the previous session.Additionally, silver prices also...
Mumbai, The Enforcement Directorate on Wednesday recorded the statement of two television actors here as part of a money laundering probe related to the operations of an "illegal" online forex trading platform that allegedly duped investors for a sum of 500 million rupees. official sources said...
New Delhi: Two people, including a NEET aspirant, have been arrested for allegedly duping a person of Rs 5.46 lakh on the pretext of high profits in the trading market. Police gave this information on Wednesday.He said that the accused have been identified as Aman Bhavsar and Sandeep Sahu...
New Delhi: Shares of Vraj Iron and Steel Ltd on Wednesday closed with a premium of about 22 per cent over the issue price of Rs 207.The stock was listed at Rs 240 on both BSE and NSE, registering a jump of 15.94 per cent.It jumped 21.71 per cent to close at Rs 251.95 - its upper circuit...
New Delhi, Markets regulator Sebi has notified an institutional mechanism requiring stock brokers to establish systems for detection and prevention of market abuse.Prior to this, there were no specific regulatory provisions that placed the responsibility on brokers to have a system to prevent...
Mumbai: Equity benchmark indices started trading on an optimistic note on Wednesday, amid heavy buying in bank stocks and strong global market trends, with Sensex crossing the historic 80,000-mark for the first time and Nifty at its new lifetime high. Has reached.The 30-share BSE Sensex jumped...
Mumbai rupee depreciated by 5 paise to 83.53 against the US dollar in early trade on Wednesday, weighed down by the strength of the US currency and elevated crude oil prices.Forex traders said the rupee is trading in a tight range as purchases of US dollars by oil companies and foreign...
New Delhi: Gold and silver prices fell on Tuesday, following a bearish trend in international markets amid uncertainty over interest rate cuts by the US Federal Reserve.In futures trading on Multi Commodity Exchange (MCX), gold for August delivery was trading down Rs 122 or 0.17 per cent at Rs...
New Delhi, Indian Energy Exchange (IEX) on Tuesday recorded 19 per cent growth in its overall trading volume to 28.178 million units in the April-June period of FY25.The exchange reached a total trading volume of 23.68 billion units (MU) in the same period of the previous year."During the...
Mumbai (Maharashtra) [India], After experiencing major fluctuations throughout the trading session, the Indian stock market closed in negative territory on Tuesday.The BSE Sensex ended 34.73 points lower at 79,441.45, while the NSE Nifty fell 18.10 points to close at 24,123.85.The day...
IT stocks are leading in the market during trading hours. Three of the top five Sensex gainers were from the IT sector.L&T, Wipro, Infosys, HDFC Bank and TCS were the top gainers. Kotak Mahindra Bank, Bharti Airtel, Tata Motors, IndusInd Bank and ICICI Bank were the top losers.Smallcap and...
New Delhi [India], The central government has increased the windfall tax on petroleum crude to Rs 6,000 per tonne from the earlier Rs 3,250.According to an official gazette notification issued on Monday, this amendment in special tax will be effective from July 2.The government had reduced...
Mumbai: Equity benchmark indices Sensex and Nifty hit fresh lifetime highs in early trade on Tuesday amid a rally in global markets and buying in IT stocks.In early trade, the 30-share BSE Sensex jumped 379.68 points to reach a record peak of 79,855.87. Nifty rose 94.4 points to an all-time...
In a 46-page show cause notice, the market regulator has alleged that Hindenburg and Anderson have violated rules under the SEBI Act, SEBI's Prevention of Frauds and Unfair Trading Practices Rules and Code of Conduct for Research Analysts Rules.Meanwhile, according to the show cause notice...