The benchmark equity indices closed in positive territory. The NSE Nifty 50 closed 0.95% higher to settle at 21,725.70, while the BSE Sensex gained 0.86% to se…
Investment advisors can charge fees only for advisory, not PMS- Sebi
Securities And Exchange Board of India (Sebi) Chairperson, Madhabi Puri Buch, made a strong case for differentiating between investing advisory and money management. In her address at the Association of Registered Investment Advisers (ARIA) conference she said that 35% of the investment advisers (IAs) are unregistered in India.
All IAs registered with the Sebi are mandatorily required to obtain membership registration of the BSE Administration & Supervision (BASL), according to the BSE.
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FII, DII data: FPIs sold shares worth Rs 2034 cr, DIIs bought shares worth Rs 1361 cr on October 3, Tuesday
There are close to 1,300 IAs registered with the regulator, according to the Sebi website. Close to 900 are registered with the BASL.
New F…
Markets sees lackluster trading with sectoral variations; Here are the key levels to watch on Nifty and Bank Nifty
By Ajit Mishra
Markets traded lackluster in a range and settled with marginal cut, in continuation to the prevailing consolidation phase. After the muted start, Nifty oscillated on both sides, tracking mixed trends in the heavyweights across sectors.
Meanwhile, the sectoral moves kept the traders busy wherein pharma, energy, and realty performed well while pressure continued in FMCG and banking. The broader indices also traded mixed and midcap managed to gain nearly a percent.
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Brokerage houses remain bullish on ONGC as the risk-reward ratio is deemed reasonable
Amid the choppiness on the local front, a steady uptrend in the US markets is giving some comfort. We were eyeing 39,000 in the Dow Jones Industrial …
Life insurers slump after surrender-value shock
Shares of most life insurance companies bucked a rallying market trend on Thursday after the Insurance Regulatory and Development Authority (Irdai) sought to massively hike the surrender value on non-par insurance products from the next year.
Despite the rally in the domestic market after the dovish Fed policy, shares of life insurers, barring LIC, which rallied more than 1%, and SBI Life, which settled almost flat with a minor positive bias, declined between 1% and 4%.
Counters of private life players were battered, with Max Life’s parent Max Financial Services falling 3.1% to close at Rs 1,024.45, HDFC Life losing 1.90% to Rs685, ICICI Prudential Life shedding 1.72% toRs533 and Nippon Life AMC slipping 3.6% to close at Rs443.
Are ‘vampire facials�…
Mutual funds see steady inflow after AUM crossed Rs 50 lakh crore in FY24, March folios surge 22%
In FY24, the mutual fund industry surpassed the Rs 50 lakh crore mark in assets under management. The net AUM of the industry grew by 35.5% to Rs 53.4 lakh crore in FY24.
The net inflow in the mutual fund industry reached Rs 3.55 lakh crore, an increase of 4.6 times compared to Rs 76,225 crore in the previous year.
Also, in the three main categories of schemes, the hybrid category saw net flows increasing by 9.7 times to Rs.1.45 lakh crore, compared to the outflow of Rs.18,813 crore which it reported in FY23.
India to install 40-50 small modular nuclear reactors to reach net-zero emission by 2070, claims Tata Consulting Engineers’ CEO Baron Capital marks Swiggy’s valuation at 14.7 billion Stree 2 Advance Booking: Shraddha Kapoor, Rajkummar R…
IT companies guided for muted growth but how have stocks performed year to date; Here’s all you need to know
On March 19, the markets saw a big sell-off which was led majorly by the IT stocks, to be more specific – Tata Consultancy Services among IT stocks.
However, let’s see how IT stocks have performed till now in 2024.
The stocks of IT haven’t performed that well from year to date as they’ve dipped as low as 18.6% year to date whereas rose highest almost 10% YTD. Shares of LTIMindtree have fallen almost 19% in the current year 2024 while those of Persistent Systems rose around 10% in the same period and was the highest return-giving stock during this timeframe.
“This maybe the last opportunity to get hostages home,” says Blinken as he pushes for ceasefire in Gaza HAL set to receive another LCA Order despite delivery challeng…
Retail investors can buy Floating Rate Savings Bonds through RBI portal
The Reserve Bank on Monday said retail investors can subscribe to Floating Rate Savings Bonds, 2020 (Taxable) through its Retail Direct portal.
RBI-Retail Direct Scheme was launched by the Prime Minister on November 12, 2021.
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Reliance General Insurance unveils Reliance Limit Sure Pay As You Drive. Check details
Under the scheme, individual investors are permitted to open a Retail Direct Gilt account with the Reserve Bank of India, using an online portal, through which investments in government Securities can be made in primary and secondary markets.
India to install 40-50 small modular nuclear reactors to reach net-zero emission by 2070, claims Tata Consulting Engineers’ CEO Kota in crisis Byju assures employees of speedy resolutio…
Share Market Budget 2024 Expectations Highlights- Top Stocks to watch
Budget 2024 Stock Market Expectations Highlights: On February 1, finance minister Nirmala Sitharaman will present an ‘interim’ budget as the government faces a general election this year, in April-May. There are the top stocks to watch before the interim budget to watch for.
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Tekken 7 Bans Over 400 Accounts "Suspected" Of Cheating Ahead Of Evo
Over 400 accounts have reportedly been banned from Tekken 7 following a recent update targeting players suspected of cheating and/or boosting their ranks.
According to producer Michael Murray, the 3D fighter received an update on August 3 that takes out “people suspected of using a cheat tool in Ranked Matches.” Others who were found cheating or violating the game’s End-User License Agreement (EULA) were also banned from Tekken 7. Come from Sports betting site VPbet
Murray outlined the specific kinds of players that have been banned from the game. Those who play multiple matches against the same opponent “within a certain time frame” and no other matches in between were banned, as this is seemingly an…
The Gears Of War Card Game Is 20% Off At Amazon
The Gears of War series hasn’t seen much movement in recent years, with Gears 5 dropping in 2019 followed by Gears Tactics in 2020. Gears of War: E-Day was announced at the Xbox Games Showcase earlier this summer, though it doesn’t yet have a release date. That means fans could be waiting a while for the next installment of the beloved franchise to hit store shelves. If you’re looking for something to help make the wait easier, you should check out Gears of War: The Card Game, which is on sale at Amazon for just $27 (was $35), along with a handful of Gears of War novels–many of which are down to their best prices all year.
Gears of War: The Card Game
$27 ( In June 2024, Denmark experienced a remarkable 37.0% increase in gambling revenue, reaching DKK703m (£81.1m/€94.2m/$103.0m). This substantial growth is attributed to a significant rise in sports betting activities, coinciding with the excitement surrounding Euro 2024. The total revenue, as reported by the Danish regulator Spillemyndigheden, includes contributions from sports betting, online casinos, land-based casinos, and physical slot machines. Sports betting takes center stage: The sports betting sector witnessed an impressive 75.7% year-on-year increase in revenue, totaling DKK271m for June (Excel<…$35)Come from Denmark’s Gambling Revenue Soars in June 2024, Boosted by Euro 2024