Dee Development Engineers IPO: Bidding for the initial public offering (IPO) of Dee Development Engineers Limited ended on 21st June 2024, i.e. on Friday last week. After the Dee Development Engineers IPO subscription ends, applicants are eagerly waiting for the Dee Development Engineers IPO allotment date, which is most likely on 24th June 2024 i.e. … Read more
Indian stock market: The domestic benchmark equity indices, Sensex and Nifty 50, closed Thursday’s session higher despite encountering volatility throughout the trading day. The 30-share BSE Sensex concluded the session with a gain of 141.34 points, or 0.18 per cent, closing at the level of 77,478.93. Meanwhile, the Nifty 50 finished at 23,567.00, up by … Read more
Indian stock market: The Sensex and the Nifty 50, India’s leading stock market indices, reached new all-time highs on Thursday, June 13. The surge was driven by robust macroeconomic indicators that fostered optimism regarding India’s economic growth in the medium to long term. During the trading session, the Sensex reached a new all-time high of … Read more
On Thursday, the Indian stock market indices closed almost with strong gains led by buying across the board with the benchmark Nifty 50 reclaiming 22,400 level. The Sensex rallied 676.69 points, or 0.93%, to close at 73,663.72, while the Nifty 50 ended 203.30 points, or 0.92%, higher at 22,403.85. The Bank Nifty surged 290 points … Read more
What is Portfolio Diversification? Portfolio diversification is a crucial concept in finance, epitomised by the adage “Don’t Put All Your Eggs in One Basket.” This principle underscores the importance of spreading investments across various asset classes to mitigate risk. By diversifying across equities, commodities, currencies, and bonds, investors can shield themselves from unforeseen market movements, … Read more
The investment process is now notably more convenient and accessible than in the past, courtesy of diverse digital platforms that have streamlined the overall investing experience. Below are the steps you should follow to effortlessly purchase stocks from the convenience of your home: Open a demat account Initially, select a Depository Participant, which serves as … Read more
The Indian market snapped a 5-day winning streak to close in the red on Friday as investors preferred to book profits at higher levels. The S&P BSE Sensex fell more than 170 points while the Nifty50 managed to hold on to 21,700 levels on Friday. Sectorally, buying was seen in telecom, auto, FMCG, and utilities … Read more