When tech glitch made brokers revolt, seek more trading time
The glitch frustrated brokers, who demanded better guidelines and longer hours to to be able to square off their trades. – Stocks-Markets-Economic Times
Month: February 2021
Budget Measures Positive For Gold Industry, Demand Set To Recover: WGC
Lower import duty on gold may boost consumer demand and curb unofficial imports but some policy areas can take longer to progress than others – NDTV Profit – Latest
Sensex Rallies 1,030 Points, Nifty Reclaims 14,950 Led By Private Banks
Private banks surged after the government lifted the embargo on private sector banks for the conduct of government-related banking transactions – NDTV Profit – Latest
Economy Likely Returned To Growth In December Quarter: Poll
The median forecast from a survey of 58 economists, conducted between February18-24, put year-on-year growth at 0.5 per cent in the December quarter, as the economy stabilised after contracting 23.9… … Read More
Rupee Gains To 72.35 Against Dollar Amid Positive Domestic Equities
Rupee Vs Dollar Today: At the interbank foreign exchange market, the domestic unit opened at 72.35 against the dollar and witnessed an intra-day high of 72.26 – NDTV Profit … Read More
Sensex leaps 1,030 points. Did short covering fuel the market rally?
Many analysts speculated the rally could be due to short-covering ahead of F&O expiry. – Stocks-Markets-Economic Times
Cabinet Approves Rs 7,350 Crore Plan To Boost IT Product Exports
IT Sector: The production-linked incentive plan, which provides manufacturers cash-backs, will help India export IT goods worth Rs 2.45 lakh crore – NDTV Profit – Latest
Retail Investors Dabble In Stocks Directly, Ditching Mutual Funds
The number of ‘demat’ accounts, which contain retail investor holdings in securities in electronic format, increased 27 per cent last year to stand at 49.8 million at the end of … Read More
Centre Lifts Embargo On Granting Businesses To Private Banks
“Private banks can now be equal partners in development of the Indian economy, furthering the government’s social sector initiatives and enhancing customer convenience,” Finance Minister Nirmala… – NDTV Profit … Read More
RBI Has ‘Major Concerns’ Over Cryptocurrencies: Shaktikanta Das
The central bank told lenders in 2018 they could not offer any banking services to any cryptocurrency traders or exchanges, but the order was challenged in court and eventually reversed … Read More