The Nifty is expected to open lower on November 19 following mixed trend seen in other Asian markets.Trends on SGX Nifty indicate a negative start for the broader index in India, with a 28 points gain. Nifty futures were trading around 11,895 levels on the Singaporean Exchange.The rupee erased early morning gains on November 18 to settle six paise lower at 71.84 against the dollar.Close On the institutional front, FPIs were net sellers in Indian markets to the tune of Rs 270.66 crore, while DIIs were net buyers to the tune of Rs 309.45 crore, provisional data showed. related news Hot Stocks: Technical indicators show signs of bullishness, strong support at 11,700-11,800 What changed for the market while you were sleeping? Top 12 things to know Early on D-Street | Market may continue to consolidate; 12,000 key level for Nifty Stocks in news:Jaypee Infratech: Resolution plans of NBCC & Suraksha Realty received by Resolution Professional were placed before the … [Read more...] about Market Headstart: Nifty likely to open lower; Rallis India, Granules top picks
Moneycontrol BureauIt's the time of the year when everyone wants to go on a shopping spree. Apart from the festive cheer, there is one more reason. Everything, from a car to an air conditioner is sold at a heavy discount.While Flipkart and Amazon kicked off their festive sales starting October 10, offline players are also gearing up to offer interesting deals for consumers.Close Moneycontrol collated some of the best deals offered in the online and offline space across four-wheelers, two-wheelers, white goods, and retail industries. related news ArcelorMittal aims to complete Essar Steel acquisition by 2019-end Adani Ports & SEZ in stable waters; stock price a pull Aarti Industries Q2: Margin profile stands out; buy on dips Cars and Two-wheelersSince festivals are considered auspicious in India, many people prefer to buy vehicles during this period. This festive season, carmakers are offering attractive discounts on cars.Tata Motors has announced a special festive … [Read more...] about Festive sale! Not just online, it’s raining deals, discounts at offline stores as well
As we enter 2019, the question on everyone’s mind is: can we say goodbye to market volatility that 2018 unleashed upon us? The answer may not be that simple.By the end of 2018, while the Nifty50 gained a mere 3.5 percent over past one year, the mid-cap index and Nifty small-cap index lost 15.45 percent and 28.59 percent, respectively.The divergence between the large-cap stocks and the rest of the stocks, made many investors turn risk-averse. Although investors continued with their systematic investment plans (SIP), the outcomes varied. Investors who stuck to large-cap funds managed to float with relatively lower return compared to previous year. Those investing in small and mid-cap funds burnt their fingers.Close Are economic conditions turning around? related news ArcelorMittal aims to complete Essar Steel acquisition by 2019-end Adani Ports & SEZ in stable waters; stock price a pull ICICI Bank may raise Rs 20,000cr via 6-7% stake sale to institutional investors … [Read more...] about Gold, mutual funds, equity – where to invest in 2019?
With the aim of spreading financial education among college students and at the same time equipping the existing sales force in the financial services industry, FinX has acquired Centre of Investment Education and Learning (CIEL). Himanshu Vyapak, former deputy chief executive officer at Nippon India Mutual Fund owns and heads AV Financial Expert Network, which owns FinX. CIEL was founded in 2007 by Uma Shashikant, a well-known trainer in the financial services space and a mutual funds industry expert. FinX will now own 51 per cent of CIEL; the latter will continue as a stand-alone subsidiary of FinX.Increasing financial literacyWhen Himanshu founded FinX in early 2019, his aim was to impart financial education to school and college students. Financial literacy has not been a formal part of the Indian education system. It is, at best, a vocational subject that is largely voluntary and offered sparsely. In other words, students are free to opt for or avoid what Himanshu states as, … [Read more...] about New entrant Finx acquires seasoned CIEL
Indicating some recovery in the aviation sector due to the tourist season, the domestic air passenger traffic this October increased by 3.98 per cent compared to the same month last year, according to data released by the DGCA on November 18. In September this year, the domestic passenger growth was just 1.18 per cent compared to the same month last year.The domestic air traffic last month consisted of 12.31 million passengers compared to 11.84 million passengers in the same month last year, a jump of 3.98 per cent, as per data.On the date for October, Directorate General of Civil Aviation (DGCA) said, "The passenger load factor in the month of October 2019 has shown increasing trend compared to previous months primarily due to the onset of tourist season."Close However, the passenger load factor of all major airlines -- Air India, SpiceJet, GoAir, IndiGo, AirAsia and Vistara -- declined in October as compared to September this year, as per DGCA data. related news Khattar … [Read more...] about Domestic air passenger traffic grows by 3.98% in October