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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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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 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 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 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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IANS 17 October 2023
The Income Tax (I-T) Department has filed an appeal before the Bombay High Court against the order of the I-T Tribunal allowing relief to Mahindra & Mahindra on various disallowances and additions to the tune of Rs 194.73 crore made by the department.   "Income Tax Department has...

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Moneylife Digital Team 10 November 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...

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Moneylife Digital Team 17 August 2023
On Thursday, 1839 stocks advanced, 1738 declined and 163 remained unchanged on the Bombay Stock Exchange (BSE), with an advance decline ratio of 1.06, indicating a negative closing of stocks in broader markets. The domestic market's potential to recover was hampered by the growing impact of...

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IANS 03 October 2023
Barely 24 hours after the Nanded tragedy, at least another 8 patients, including 2 infants, perished in a government hospital in Ghati in Maharashtra's Chhatrapati Sambhajinaghar (ex-Aurangabad) district, sparking a fresh political furore.   Nationalist Congress Party President Sharad...

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IANS 14 February 2023
The wholesale price index (WPI) based inflation for January 2023 fell to 4.73 per cent against 4.95 per cent in December 2022, according to data released by the commerce ministry on Tuesday.   The fall in wholesale price inflation was owing to a decline in the rate of mineral oils,...

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IANS 01 December 2023
India's retail inflation slowed to a four-month low of 4.87 per cent in October from 5.02 per cent in September, bringing respite to consumers.   The falling inflation level is also coming closer to the RBI's 4 per cent target that would trigger a cut in interest rates to spur...

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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 27 October 2023
INDIAN MARKET TRENDS From 20th October to 26 October 2023, the Sensex fell 3%. The NIFTY and ML Mega-cap Index fell 4% each. ML Large-cap Index fell 5%. ML Mid-cap Index and ML Small-cap Index fell 6% each. ML Micro-cap fell 7%.                                        

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Moneylife Digital Team 27 June 2022
On Monday, the indices opened gap up and ended with gain. On the National Stock Exchange (NSE), 1,562 stocks advanced, 532 declined and 67 remained unchanged with advance decline ratio of 2.94, indicating strength in broader markets.   The trend of the major indices on Monday’s...

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IANS 02 February 2023
Both houses of Parliament were adjourned till 2 p.m. on Thursday amid noisy protests by Congress-led opposition parties over research group Hindenburg's report on Adani Group.   As soon as Lok Sabha convened for the day, opposition members rushed to the Well raising...

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Moneylife Digital Team 20 July 2022
We had mentioned in Tuesday’s closing report that Nifty and Sensex may gain more. On Wednesday, the indices opened gap up and ended with gain. On the National Stock Exchange (NSE), advance decline ratio was at 1.33 indicating positive sentiment across market. The trend of the major indices on...

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IANS 08 October 2022
World's largest cryptocurrency exchange Binance has confirmed that hackers have stolen more than $100 million from its platform.   The Binance Blockchain, also known as BNB Chain, said that a total of 2 million BNB tokens -- worth nearly $568 million -- were initially stolen by the...

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IANS 14 September 2023
At least three persons were injured after a private business aircraft with six passengers and two crew flying from Vizag to Mumbai skidded off the runway and crash-landed at the Chhatrapati Shivaji Maharaj International Airport, officials said here on Thursday.   VT-DBL, a...

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Moneylife Digital Team 18 April 2023
On Tuesday, 1904 stocks advanced, 1631 declined and 118 remained unchanged on the Bombay Stock Exchange (BSE), with an advance decline ratio of 1.16, indicating a positive closing of stocks in broader markets.   The trend of the major indices on Tuesday’s trading is given in the table...

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Moneylife Digital Team 21 June 2022
On Tuesday, the indices opened gap up and ended with strong gains on short-covering. On the National Stock Exchange (NSE), 1,759 stocks advanced, 366 declined, and 37 remained unchanged with advance decline ratio of 4.81.   The trend of the major indices on Tuesday’s trading are given...

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