FII, DII data- FPIs sold shares worth Rs 549Cr, DIIs added shares worth Rs 595 Cr on November 6, Monday

Foreign institutional investors (FII) offloaded shares worth net Rs 549.37 crore, while domestic institutional investors (DII) added shares worth net Rs 595.70 crore on November 6, 2023, according to the provisional data available on the NSE.

For the month till November 6, 2023, FIIs sold shares worth net Rs 3,613.87 crore while DIIs bought shares worth net Rs 2,467.23 crore. In the…

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Find out why markets see a sharp fall after Finance Minister hikes capital gains tax, STT

On Tuesday, Indian markets fell to their intra-day lows, reacting on Finance Minister Nirmala Sitharaman’s announcement on STT in Union Budget 2024.The Government has hiked capital gains tax, STT. As a direct impact, theNifty 50 plunged 353.10 points, or 1.44%, closing at 24,156.15. The BSE Sensex dropped 1,058.98 points, or 1.32%, settling at 79,443.10. The Nifty Midcap index experienced…

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Nifty hits 21,000 as markets cheer RBI rate decision

The rally in India’s stock markets continued on Friday with the Nifty benchmark reaching the 21,000-mark in intraday trade.
While stocks pared some of their early morning gains, the sentiment was cheerful after the Reserve Bank of India (RBI) left key interest rates unchanged and sounded less hawkish than in previous monetary policy announcements. Importantly, the RBI’s higher growth for…

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Rating- Hold; Dmart- More expansion plans in store

In Q2, Avenue Supermarts or D-Mart reported Ebitda figures that fell below both our and consensus estimates, primarily due to lower gross margins and increased staff costs. The general merchandise and apparel mix remained subdued, which contributed to the downward pressure on gross margins. There are concerns about whether this mix deterioration is a cyclical issue or a more structural problem,…

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Rupee falls 9 paise to close at all-time low of 83.33 against US dollar

The rupee depreciated 9 paise to close at an all-time low of 83.33 (provisional) against the US dollar on Wednesday, tracking a strong greenback against major rivals overseas and unabated foreign capital outflows.

Besides, a negative trend in domestic equities and elevated crude oil prices amid geopolitical uncertainty in the Middle East weighed on investor sentiments, according to …

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Rupee falls to fresh all time low; All eyes on RBI Policy statement now

By Gaurang Somaiy

Rupee fell to fresh all-time lows after consolidating in a narrow range for the last few months as the dollar index rebounded from its recent lows and is now headed to test level of 105. Also, the Chinese Yuan fell to the lowest level in three-months following expectation that the PBoC could announce more stimulus measures to stimulate the econom…

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Starting October, FPIs to get funds on settlement day- Sebi official

The Securities and Exchange Board of India (Sebi) is nudging custodians to ensure that foreign portfolio investors (FPIs) can access their funds on the day of the settlement by October, on par with the rest of the investors in the market. “From October 2024, we expect custodians to make available funds to FPIs on the day of the settlement itself,” said Ananth Narayan, Sebi’s whole time me…

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Steam Deck Now Has Windows Audio Drivers

Almost three months after the official release of the Steam Deck, Valve has announced that the audio drivers are now available for Windows 10 and Windows 11 on Steam Deck.

A new Steam Support forum post contains the details, as well as the links for the driver files, which are now available for owners of the portable device to access. The update also gives users the ab…

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The GTA Online Los Santos Drug Wars Update Gives A First Dose Of What's To Come

GTA Online’s latest update starts a new storyline called Los Santos Drug Wars, which launches players into the world of producing and delivering psychedelics.

Players will team up with a wacky crew of drug runners and chemists called the Fooliganz. Players will take on The Last MC, among other enemies, and establish their dominance in Los Santos’ drug trade. Lead by goofy repeat criminal …

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Crystal Looking for Ways to Bring Back Casinos on Cruise Liners

At the start of August, 18 months after its collapse, the Crystal Cruises line was brought back to life with the much-anticipated debut of its first pair of renovated ships.

Parent company A&K Travel Group, which acquired Crystal Serenity and Crystal Symphony along with a few assets in 2022 Read more