We had mentioned in Friday’s closing report that Nifty, Sensex might give up some gains. The major indices of the Indian stock markets suffered a correction on Monday and closed with losses over Friday’s close. On the NSE, there were 434 advances, 1,329 declines and 339 unchanged. The trends...

Market regulator Securities and Exchange Board of India (SEBI) has barred 12 websites and three people behind these portals for luring investors with an assured monthly income and returns of 300% to 800% by sharing fraudulent market tips.    Entities barred by SEBI include Rishabh...

Changes in the SEBI listing and prevention of insider-trading regulations, revisions in the double-taxation avoidance agreements (DTAAs) with Mauritius and Singapore are set to come into effect from April 1.   The changes in DTAAs give India the right to tax capital gains arising on...

We had mentioned in last week’s closing report that Nifty, Sensex were in the grip of bulls. The major indices of the Indian stock markets were range-bound during the week and closed with small gains on Friday over last Friday’s close. The trends of the major indices during the course of the...

In February 2019, Kotak Mahindra Bank and Axis Bank were the most preferred stocks of Indian mutual funds. The net purchases of Kotak Mahindra Bank were Rs1,525 crore, of which ICICI Prudential Mutual Fund made net purchases worth Rs140 crore. Bajaj Auto and Housing Development Finance...