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IANS 18 September 2023
The Central Bureau of Investigation (CBI) has lodged an FIR of loan fraud of Rs 3,847.58 crore against Unity Infraprojects Ltd (UIL), a Mumbai-based firm, its CMD Kishore Avarsekar, and three directors of the company.    The CBI had received a complaint in this regard from the State...

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Moneylife Digital Team 23 June 2022
The income-tax (I-T) department has said that the 1% TDS on transfer of virtual digital assets would be levied on net transaction value and the onus of deducting the tax would primarily be on the exchanges.   The central board of direct taxes (CBDT) issued an FAQ (frequently asked...

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Moneylife Digital Team 11 April 2022
On Monday, the indices opened gap down and ended with a loss. On the National Stock Exchange (NSE), 1,195 stocks advanced, 922 declined and 54 remained unchanged with advance decline ratio of 1.30, indicating strength in broader markets.   The trend of the major indices on Monday’s...

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Moneylife Digital Team 16 June 2022
We had mentioned in Wednesday’s closing report that Nifty and Sensex remain under pressure before Fed policy decision. On Thursday, the indices opened gap up after the US markets ended higher but closed with huge loss. On the National Stock Exchange (NSE), 288 stocks advanced, 1,814 declined,...

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IAS officer and Jharkhand Mines Secretary Pooja Singhal was on Wednesday arrested by the Enforcement Directorate (ED) after her second day of questioning in connection with the ongoing probe of Prevention of Money Laundering case pertaining to alleged embezzelment of MNREGS...

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Moneylife Digital Team 06 February 2023
On Monday, Sensex fell 334.98 points and Nifty ended below 17,800 points. On the Bombay Stock Exchange (BSE), 1900 stocks advanced, 1695 declined and 198 remained unchanged with advance decline ratio of 1.12, indicating a positive closing of stocks in broader markets. The trend of the major...

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Moneylife Digital Team 17 July 2023
On Monday, 2068 stocks advanced, 1606 declined and 182 remained unchanged, with an advance decline ratio of 1.28 on the Bombay Stock Exchange (BSE), indicating a negative closing of stocks in broader markets. The markets were in excellent shape as benchmark indexes reached new highs thanks to...

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IANS 07 August 2023
The Supreme Court on Monday refused to interfere with the order of the Delhi High Court allowing aircraft lessors of cash-strapped Go First airline to inspect their aircraft at least twice a month to carry out maintenance work.   A bench, headed by CJI D.Y. Chandrachud and comprising...

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Moneylife Digital Team 10 June 2022
INDIAN MARKET TRENDS From 3rd June to 9 June 2022, ML Micro-cap Index and ML Mega-cap Index ended flat. ML Small-cap Index, the NIFTY, the Sensex, ML Mid-cap Index and ML Large-cap Index fell 1% each.                                             FUND...

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Moneylife Digital Team 29 March 2022
On Tuesday, the indices opened gap up and ended with gain. On the National Stock Exchange (NSE), 874 stocks advanced, 1,215 declined, and 50 remained unchanged with advance decline ratio of 0.72.   The trend of the major indices on Tuesday’s trading are given in the table...

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Moneylife Digital Team 26 May 2023
Guidelines    1. The Grader captures the three factors that determine investments: valuation, returns and price strength. Our grader captures these three parameters.   2. In this system, A is a higher rank than B and so on. Since, in valuation lower is better, we have ranked...

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IANS 15 September 2023
The Supreme Court on Friday questioned the Manipur Police for booking the President and three editors of the Editors Guild of India (EGI) for allegedly releasing a "biased and factually inaccurate" report on the ethnic strife in the northeastern state.   During the hearing, a bench...

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Moneylife Digital Team 11 November 2022
INDIAN MARKET TRENDS From 4th November to 10 November 2022, ML Small-cap Index, ML Micro-cap Index, ML Mega-cap Index, ML Large-cap Index and the NIFTY ended flat. The Sensex and ML Mid-cap Index...

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Moneylife Digital Team 06 March 2023
Essel group entity, Dish TV India Ltd (Dish TV), says its shareholders have rejected the appointment of four independent directors on the company's board.   These four independent directors, Sunil Kumar Gupta, Madan Mohanlal Verma, Gaurav Gupta and Dr Lalit Behari Singhal, have...

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Meta-owned WhatsApp on Friday said that it banned over 19 lakh bad accounts in India in the month of May in compliance with the new IT Rules 2021.   The platform had banned over 16.6 lakh bad accounts in India in April.   The company also received 528 grievance reports in May...

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Moneylife Digital Team 29 July 2022
We had mentioned in Thursday’s closing report that Nifty and Sensex rise on global cues. On Friday, the indices opened higher and ended with gain. On the National Stock Exchange (NSE), advance decline ratio was at 2.06 indicating wider positive closing of stocks.   The trend of the...

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Moneylife Digital Team 10 January 2023
On Tuesday, Sensex slipped 631.83 points and Nifty ended above 17,900. On the Bombay Stock Exchange (BSE), 1422 stocks advanced, 2099 declined and 133 remained unchanged with advance decline ratio of 0.67, indicating a negative closing of stocks in broader markets.    The trend of the...

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Moneylife Digital Team 03 March 2023
The trends of the major indices in the course of the week’s trading are given in the table below:     On Monday, 956 stocks advanced, 2593 declined and 186 remained unchanged on the Bombay Stock Exchange (BSE) with advance decline ratio of 0.36, indicating a negative closing...

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Moneylife Digital Team 12 May 2023
INDIAN MARKET TRENDS From 5th May to 11 May 2023, ML Micro-cap Index and ML Mid-cap Index rose 3% and 2%, respectively. ML Small-cap Index, ML Mega-cap Index, ML Large-cap Index, the NIFTY and the Sensex, rose 1% each.     FUND FLOWS Foreigners: Foreign...

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Moneylife Digital Team 19 December 2022
We had mentioned in Friday’s closing report that Nifty and Sensex remain under pressure. On Monday, the indices opened flat and ended with gain. On the Bombay Stock Exchange (BSE), 2,117 stocks advanced, 1,501 declined and 163 remained unchanged with advance decline ratio of 1.4, indicating...

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