The personal loan and credit card segment has seen a significant increase in NPAs. NPAs in the personal loan segment increased by 51 per cent, or 0.93 per cent, from Rs 7,422 crore in March 2023 to Rs 11,210 crore (1.16 per cent) in June 2024. According to RBI data, …
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Stock market weak in early trade for fifth consecutive day, Sensex and Nifty fall
New Delhi, 20 December (Hindustan Reporter). The domestic stock market seems to be trading under pressure amid fluctuations during early trading today. Today’s trading started with a slight gain. In the first half hour of trading, the stock market showed a bullish trend due to the support of buying, but …
Read More »Gold became cheaper, silver also lost its shine
New Delhi, 20 December (Hindustan Reporter). There is weakness in the domestic bullion market today. Today gold has become cheaper by Rs 650 to Rs 710 per 10 grams. Due to the fall in the price of gold, 24 carat gold is still trading in the range of Rs 77,280 …
Read More »Vikas has gone mad! Under Modi rule, rupee rose from 62 to 85 against dollar and broke all records.
Indian Currency Rupee News: A new history was created in the currency market when the dollar price crossed the level of Rs 85 for the first time as the record price of the dollar rose rapidly against the rupee in the currency market today. Amid a sharp fall, the rupee …
Read More »Strict rules for SME IPO, merchant banking business
Mumbai: Capital markets regulator Securities and Exchange Board of India (SEBI) has tightened rules for small, medium enterprises (SMEs) launching IPOs for listing in the capital markets. Along with this, rules for merchant bankers have also been made stricter. It has also been expanded for mutual fund managers specifying the …
Read More »Ban on futures of seven agricultural commodities extended for next forty days
Mumbai: The Securities and Exchange Board of India (SEBI) has extended the ban on trading in derivative contracts of seven agricultural commodities till January 31, 2025. Traders expect the ban to be lifted next year, with the ban extended only for forty days. According to a notification issued by SEBI …
Read More »Limited rise in shares in 2025, scope for Nifty index to reach 26482
Mumbai: After four years of massive rally, investors in Indian stock markets now see limited upside scope in 2025. In its The Big Review-Rewind 2024 and Outlook 2025 report, HDFC Securities estimates that growth in the Indian market will remain volume-driven in FY2026 and the days of margin expansion are …
Read More »Bitcoin weakens on signs of US interest rate cut
Mumbai: Major cryptocurrency Bitcoin slipped below $1,00,000 after the US Federal Reserve hinted at a slow pace of interest rate cuts in 2025, although it once again bid above $1,00,000. Federal Reserve Chairman Jerome Powell’s statement that the Federal Reserve will not be allowed to create Bitcoin reserves also unsettled …
Read More »Sensex lost 80000 level and finally fell by 964 points to 79218
Mumbai: Selling by foreign portfolio investors (FPIs) in Indian stock markets became more aggressive today. Despite the US Federal Reserve cutting interest rates by 0.25 per cent, with signs of only two interest rate cuts in 2025, global funds continued to underwrite big bullish trades yesterday, with the Dow Jones …
Read More »Explosive share listing, started at 90% premium
Hamps Bio Limited, a small but influential company, has made a big entry in the stock market. The company’s shares were listed at ₹96.90 with a huge premium of 90%, while its issue price was only ₹51. Hemps Bio’s IPO opened on 13 December 2024 and closed on 17 December. …
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