In order to meet its vision of ‘Insurance for All’ by 2047, the Insurance Regulatory and Development Authority of India (Irdai) has announced several measures to create a progressive environment for insurance distribution while offering enhanced flexibility to the insurers. Private equity (PE) funds can now directly invest in insurance…
By Rajesh Palviya In Nifty current series, there has been a Long Addition witnessed with an increase in the price of 3.12% and increase in OI by 13.61% as of Wednesday wherein there was addition of 16.62 lakh shares in OI, increasing from 116.52 lakh to 138.69 lakh shares. Nifty…
Gland Pharma share price tanked over 4 per cent on Wednesday after the pharma company through its wholly-owned subsidiary, Gland Pharma International PTE. Ltd, Singapore, entered into a Put Option Agreement to acquire 100% of Cenexi Group for an equity value of up to 120 million euros. Post this acquisition,…
By Shivangi Sarda Nifty index opened positive on Wednesday and while it remained range bound for most part of the day, the concluding hour witnessed selling pressure. It respected its previous day’ low levels but bulls are feeble and lack of follow up buying is limiting the upside. It formed…
Indian benchmark indices BSE Sensex and NSE Nifty 50 could start the week’s last trading session in red. SGX Nifty hinted at negative open for the domestic share market as Nifty Futures traded 50 pts or 0.26% lower at 18925 on the Singapore Exchange. On Thursday, the Sensex jumped 185…
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate was positive on Monday as a result of positive global cues, while silver rate was up 1.13%. On Multi Commodity Exchange, gold February futures were trading at Rs 54,209 per 10 grams, up Rs 359 or 0.67%. Silver March…
PolicyBazaar share price has fallen more than 65% since the listing last year, but has rallied for two sessions. However, analysts still advise conservative investors to stay away from PB Fintech stock, while those comfortable with a little risky bet may take measured exposure in it. PB Fintech touched a…
By Shrikant Chouhan On Tuesday, the market finally came down with the support of the broader market. The sectors other than technology closed in the negative territory. The Nifty 50 index was at 18604, however, it closed at 18419 at the lowest point of the day. On a daily basis,…
Edible oil industry body SEA has written to the Union food minister Piyush Goyal to increase import duty on refined palm oil to 20 per cent from the current 12.5 per cent in order to protect domestic refiners. The Solvent Extractors’ Association of India (SEA) pointed out that the duty…
By Niranjan Avasthi A trend in markets can be a double-edged sword. There are some who gain from a trend while there are many who may lose from a trend. A case in the point is the recent investors’ frenzy in India’s primary or Initial Public Offering (IPO) market. According…