The stock market regulator, the Securities and Exchange Board of India (SEBI) updated the eligibility criteria for the entry/exit of stocks in the derivatives segment.
Indian stock indices settled the week's trade on a high, keeping the gains that were accumulated throughout the day intact. The indices were supported by continued buying by foreign portfolio investors.
New Delhi [India], August 30: Investing in the Indian stock market has become increasingly accessible for Non-Indian Residents (NRIs) due to the availability of NRI Demat accounts. These accounts allow NRIs to hold, trade, and invest in Indian equities and other securities with ease. However
Indian stock markets opened on a positive note on the last trading session of August, following a global rally in stocks after the strong GDP numbers of the US economy.
The Nifty touched a record high at 25,174.55 and Sensex rose to 82,220.68. The indices opened almost flat with a mixed response from both indices in the opening hour.
Resourceful Automobile Ltd, a company that recently garnered significant attention in the stock market, made its debut on the BSE SME index on Thursday.
Stock markets globally are facing pressure after Nvidia management disappointed some investors during the announcement of quarterly results. The company, however, showed good quarterly results.
Berkshire Hathaway Inc., the conglomerate led by American Businessman Warren Buffett, has made history by becoming the first U.S. non-tech company to surpass the USD 1 trillion mark in market capitalisation.
Expectations of strong festival season demand, revival in rural demand, and hopes of interest rate cuts later this fiscal year are expected to support stock markets, brokerage Prabhudas Lilladher said in its latest 'India Strategy' report.
The Nifty at the National Stock Exchange (NSE) touched a record new lifetime high of 25,114.05 during the trading hour on Wednesday. The sectoral stocks of IT contributed the most to the fresh lifetime high ever of Nifty. The sectoral index of IT was trading with a lead of 1.96 per cent.