Indian equity markets began the week on a strong note, with key indices closing in the green on Monday, driven by robust buying in realty, banking, and IT stocks. The BSE Sensex surged 591.69 points, or 0.73%, to close at 81,973.05, while the NSE Nifty rose by 163.70 points, or 0.66%, ending at 25,127.95. Midcap and smallcap indices also gained, ...
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Indian Stock Market Boom Fuels Demat Account Surge to Reach 175 Million in September
The Indian financial market has been witnessing a significant surge in the number of demat accounts, according to a recent report by Motilal Oswal Financial Services. The total number of these accounts reached 175 million in September, up from 171 million in August. This increase is a testament to the robust performance of the Indian stock market, which continues to ...
Read More »Sensex Opens Positive, Gains 256 Points; Experts Cite Middle-East Tensions
India’s equity markets opened higher on Tuesday, buoyed by strong performances in banking stocks and gains in UltraTech Cement, NTPC, and L&T among others on the BSE benchmark index. By 9:59 a.m., the Sensex had risen by 258 points or 0.32% to 81,308, while the Nifty climbed 58.20 points or 0.23% to 24,853. Leading the charge in the Sensex were ...
Read More »BREXIT Fall Out: PM Cameron to Quit in October
Now that the UK has done what was expected in the last one decade, exiting from the European Union, Britain’s Prime Minister David Cameron has decided to quit from the office in October as the referendum went against his wish to continue in the Union. In India, the government’s reaction is on expected lines that the economy has enough "firepower" ...
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