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[ad_1] The GIFT Nifty recorded a 0.10% loss during Friday’s early trading session, with a value of 19,537.5 indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. Benchmark indices NSE Nifty 50 and BSE Sensex ended Thursday’s session in the green. The Nifty 50 advanced 29.45 points to 19,413.75 and the Sensex gained 0.25% to 65,558.89.   “Today’s domestic rally was supported by the contra bet buying of the IT stocks which was supported by stable margins, new generation business opportunities and moderation of USD, as latest US inflation is fast approaching the Fed’s target levels. The…

[ad_1] New-age firms got a reality check once they were subjected to volatile markets. They are returning to profitability as the conversation has shifted from metrics to structural growth. In an interview to Siddhant Mishra, Axis Securities MD and CEO Pranav Haridasan says despite increasing volumes, we cannot get too speculative as a market. Excerpts: How do you see the Indian markets at this juncture? Over the last 15-20 years, India has been a market that has promised a lot, but not lived up to expectations. This time, we are seeing an amalgamation of factors — cleaner balance sheets, better…

[ad_1] Indian government bond yields continued to witness fresh highs, after U.S. yields saw the breakout of key technical points on bets of more rate hikes, while fresh supply of debt locally pinned down investor sentiment further. The benchmark 7.26% 2033 bond yield was at 7.1624% as of 10:00 a.m. IST, after ending the previous session at 7.1464%. The yield hit 7.1755% earlier in the day, the highest since April 21. New Delhi plans to raise 390 billion Indian rupees ($4.72 billion) through the sale of debt later in the day. This would be the first auction for this quarter…

[ad_1] Benchmark indices NSE Nifty 50 and BSE Sensex may remain volatile amid mixed global cues. The GIFT Nifty futures were trading 22 points or 0.11% higher at 19,515.50. “The market is maintaining its optimism; however, a profit-booking tendency is visible at the upper band as the recent rally has raised the market to the historic new high range. The momentum of the market has shifted from the frontlines of this year to the laggards like IT, commodities, and PSUBs. The market is taking a breather ahead of the upcoming Q1 results. Pharma and banking displayed a positive trend, while…

[ad_1] The SGX Nifty recorded a 0.20% gain during Friday’s early trading session, with a value of 19,188.5 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex. Benchmark indices NSE Nifty 50 and BSE Sensex were closed for trading on Thursday on account of the Bakri Eid holiday. However, on Wednesday, the indices climbed to fresh highs, with Nifty surpassing the 19,000 level and Sensex climbing above 64,000. “After multiple attempts, the domestic market successfully managed to sustain record high levels, thanks to the increased buying interest in heavyweight stocks. The market’s bullish momentum was further…

[ad_1] Investing in fixed deposits is a popular choice among investors looking for a safe and steady way to grow their savings. While banks are the most common avenue for fixed deposits, company fixed deposits also offer an attractive alternative. However, before investing your hard-earned money in company fixed deposits, there are several crucial factors to consider. Let’s understand what to keep in mind before investing in company fixed deposits. Creditworthiness and Reputation Before investing in a company fixed deposit, it is crucial to assess the creditworthiness and reputation of the company. Research the company’s financial stability, track record, and…

[ad_1] Parag Parikh Flexi Cap Fund Factsheet (May 2023): Parag Parikh Mutual Fund has released its factsheet for the month of May. The following are some important details of the Parag Parikh Flexi Cap Fund (PPFCF) that you should know, as per the information shared in the factsheet. What is Parag Parikh Flexi Cap Fund (PPFCF)? Parag Parikh Flexi Cap Fund is an open-ended equity-oriented scheme with the flexibility to invest a minimum of 65% in Indian equities and up to 35% in overseas equity security and domestic debt/money market securities. According to the factsheet, this fund may be suitable…

[ad_1] By Bhuvanaa Shreeram One OF THE MOST important considerations after retirement is how to properly manage your money so it serves you for the rest of your life. Upon retirement you may receive a significant corpus from provident fund, gratuity and other benefits. Or if selling off a business, you may receive a significant amount from the sale proceeds. What you do with this money will determine how much you can sit back and enjoy your second innings. What retirement planning is not? Retirement planning is not purchasing money-back policies and annuity plans. Retirement planning is not even investing…

[ad_1] Coal India share price tanked 4.8% to Rs 229.55 today ahead of the central government’s bid to divest up to 3% equity stake in the company through offer for sale of shares (OFS). The Centre is likely to raise about Rs 4,200 crore from the sale of the full 3% stake at the base price of Rs 225 per share, which is at a 7% discount to yesterday’s closing price of Rs 241.2. Here are the top 10 things to know about the Coal India OFS today: The government will offload a 3% equity stake in Coal India, including…

[ad_1] NSC vs SCSS: Both the Senior Citizen Savings Scheme (SCSS) and National Savings Certificates (NSC) offered by the post office can be used by senior citizens to protect their hard-earned money and support their post-retirement lives. However, both schemes have their own distinct advantages and limitations that should be looked at before investing. Here is a comparison of both schemes on six key points for the benefit of senior citizens. NSC vs SCSS: Interest rate The current interest rate for deposits in an NSC account is 7.7% whereas the SCSS scheme is offering 8.2% interest to senior citizens. NSC…