In a surprising Monday market open, Reliance Industries Limited (RIL) shares appeared to drop 50%, catching many investors off guard. However, this price shift is due to RIL’s 1:1 bonus share issue, not an actual market loss. In this article, we’ll examine what this bonus adjustment means, explore its impact on the broader market and … Read more
Market Overview The National Pension System (NPS) continues to attract attention as a secure, tax-beneficial investment option for long-term retirement planning. Originally designed for government employees in 2004 and later expanded to all sectors in 2009, the NPS has maintained its appeal by providing retirement income through a disciplined, market-linked approach. With recent regulatory updates … Read more
In a major development in India’s tech and food delivery landscape, Swiggy is set to debut in the stock market with a highly anticipated Initial Public Offering (IPO) in early November. With plans to raise nearly ₹11,300 crore (approximately $1.35 billion), this move is significant for investors in emerging markets, particularly in tech-driven sectors. Let’s … Read more
Market Overview In an unprecedented shift in the tech sector, Nvidia briefly overtook Apple to become the world’s most valuable company. On Friday, Nvidia’s market cap surged to $3.53 trillion, just edging out Apple’s $3.52 trillion, thanks to a remarkable rally driven by booming demand for Nvidia’s specialized AI processors. This milestone highlights Nvidia’s stronghold … Read more
Market Overview On October 25, 2024, the Indian stock market saw a sharp decline as the Sensex and Nifty indices plunged, leading to significant investor losses. With Sensex down by 663 points (0.83%) and Nifty 50 slipping by 219 points (0.90%), both indices marked their fifth consecutive session of losses, closing at 79,402.29 and 24,180.80, … Read more
The Indian equity markets extended their recent downward trend today, as disappointing earnings reports from several major players and foreign institutional selling fueled a fifth consecutive day of losses. The benchmark indices, Sensex and Nifty, fell sharply, with the Sensex closing down by 663 points (0.83%) at 79,402, and the Nifty losing 218 points (0.9%) … Read more