Gains on the Nifty 50 were supported by State Bank of India, which surged as much as 15 per cent to a record high. The Reserve Bank of India kept rates steady, […]
Market Update for the day: 5 Feb’21
RBI monetary policy Update
RBI Monetary Policy Review: Signs of recovery has strengthened further, says Governor Shaktikanta Das Here are key highlights of what RBI Governor Shaktikanta Das said: Outlook on growth has improved significantly Need […]
Market Update for the day: 4 Feb’21
Mid- and small-cap shares witnessing buying interest as the Nifty Midcap 100 index rose 1.1% and Nifty Smallcap 100 index climbed 1.5%. While the market may remain volatile this year, analysts expect […]
No tax free returns on high PF contribution. Read to know more.
The interest earned by the Provident Fund contributions above Rs 2.5 lakh a year will now be taxable. The provision, introduced in Budget 2021 will apply only to the employee’s contribution and […]
Market Update for the day: 3 Feb’21
Morgan Stanley ups Sensex target to 55,000; bullish on cyclicals, midcaps If analysts at Morgan Stanley are to be believed, the index is on course to hit 55,000 mark by December 2021 […]
SC Directs Distribution Of 9122 Crores To Unit Holders Under Franklin Templeton’s 6 Mutual Fund Schemes
“Life is what happens while you are busy making other plans.” – John Lennon The Supreme Court has asked Franklin Templeton Mutual Fund to distribute the recovered mony to unit holders of […]
Market Update for the day : 2 Feb’21
Indics Previous Close Today Closing (+) or (-) % Change BSE 48600.61 49797.72 +1197.11 2.45 % NIFTY50 14281.20 14647.85 +366.65 2.57 %
Union Budget FY2021-22: Growth Booster Shot for the Economy
In line with the undeniable and imperative need to fuel sustainable growth recovery for an economy that is emerging from a pandemic ridden year, the Union Budget placed duly warranted importance on […]
Highlights of Union Budget 2021-22
General First digital Budget in the history of India Vehicle Scrapping Policy. Vehicle Fitness Test after 20 years in case of Personal vehicle and 15 years in case of commercial vehicles 64,180 […]
Changes in Nav applicability rules effective 1st Feb 2021
This is with reference to the SEBI Circular No SEBI/HO/IMD/DF2/CIR/P/2020/175 dated 17.09.2020 regarding Uniformity in applicability of Net Asset Value (NAV) across various schemes upon realization of funds irrespective of the amount […]
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