State Bank of India Market Cap Crosses ₹8 Lakh Crore Milestone State Bank of India (SBI), the largest public sector bank in India, achieved a significant milestone as its market capitalization crossed the ₹8 lakh crore mark. This achievement highlights the robust performance and confidence of investors in the bank’s growth prospects. Market Cap Milestone…
“Record FPI Purchases Drive Indian Equities to All-Time Highs in December” Amidst a dynamic financial landscape, the Indian equity market experienced an unprecedented surge in December, propelled by an influx of Foreign Portfolio Investor (FPI) purchases. This surge has propelled Indian equities to achieve remarkable all-time highs, charting a promising trajectory for the nation’s economic…
HDFC Securities Launches Mobile Trading App HDFC Sky on AWS Cloud HDFC Securities, a prominent player in the stockbroking industry, recently made waves in the market with the introduction of its cutting-edge mobile trading application, HDFC Sky. This innovative platform is set to revolutionize the trading experience for users, boasting seamless functionality and enhanced accessibility,…
SEBI Plans to Introduce Same-Day Trade Settlement by March 2024 The Securities and Exchange Board of India (SEBI) recently unveiled its ambitious plan to implement same-day trade settlement by March 2024. This revolutionary move aims to transform the trading landscape in the country’s stock markets, bringing a paradigm shift from the existing T+2 (trade date…
LIC Raises Stake in Tech Mahindra to 8.88% Through Open Market Transactions LIC Raises Stake in Tech Mahindra | Tech Mahindra, one of India’s leading multinational technology companies, recently witnessed a significant development as the Life Insurance Corporation of India (LIC) increased its stake in the company through open market transactions. LIC, the largest insurance…
BSE & UN Women India launches a new programme, ‘FinEMPOWER’, at Bombay Stock Exchange The Bombay Stock Exchange (BSE) and UN Women India have launched a new program called “FinEMPOWER” aimed at promoting gender equality and empowering women in the financial sector. This initiative will help women to gain knowledge and skills in finance and…
