Closing auction session volumes surge on NSE after MSCI rejig
NSE’s CAS turnover surged to Rs 39,718 crore, nearly 22 per cent of cash-market turnover, as MSCI rebalancing triggered sharp price swings in dozens of stocks
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NSE’s CAS turnover surged to Rs 39,718 crore, nearly 22 per cent of cash-market turnover, as MSCI rebalancing triggered sharp price swings in dozens of stocks
What the US Fed’s new chief had to say at the symposium reassured global markets, while the seven key principles he enunciated for monetary policy are relevant for central banks across the globe—even if his position on communication is contestable.
Wife escaped income tax notice as she proved in ITAT that her husband entirely paid for their joint property which was sold for Rs 14 lakh less price than market value. Read the article to know why the wife won the case in ITAT Kolkata.
The country’s latest GDP data offers a heartening picture of the economy in the last quarter. It’s a story of all-round resilience in the face of global headwinds—and perhaps a scale tilter in the context of RBI policy.
Numbers, brands and ideas may all signal progress, but it’s systems, these pieces tell us, that actually decide the durability of progress
India’s primary market anticipates a strong September with IPOs worth twenty to twenty-five thousand crore. Nearly twenty-five companies are preparing to launch offerings before their approvals expire. This surge reflects improved issuer sentiment after a cautious first half of the year. Companies are capitalizing on better market conditions and recent successful listings. This activity aims…
MSCI index rebalancing on Monday saw sharp stock swings in the final minutes. Global funds adjusted holdings, impacting several stocks significantly during the new Closing Auction System. The Closing Auction Session accounted for a substantial portion of the day’s total cash market turnover. Some large-cap stocks experienced unexpected declines without clear fundamental reasons. Traders and…
The Reserve Bank of India’s net short forward positions soared to a record high of $137 billion in July, driven by long-term swaps related to forex inflow strategies. The most notable rise occurred in short positions exceeding one year, climbing to $91 billion. The central bank’s intervention tactics cover spot, NDF, and forward markets as…
The shares of Skyways Air Services IPO is commanding a premium of ₹32 in the grey market.
On Monday, Nifty 50 index recovered 86 points from the intraday low and settled at 24,080.40, lower by 95.25 points or 0.39%.