
Nifty hits 20,000-mark; 21,000 by Diwali? Here’s what analysts say
Nifty is on track to hit 20,432 this month and 21,000 by Diwali, says Rahul Sharma of JM Financial Services.
Nifty is on track to hit 20,432 this month and 21,000 by Diwali, says Rahul Sharma of JM Financial Services.
It is surprising that SEBI has made the Prayer to ‘pass an appropriate order’, a phrase that is highly open-ended, which carries the risk of the SC Order proving to be cumbersome upon SEBI itself
According to SEBI, the decision has been taken considering significant development in the securities market, including technological advancements.
The capital markets regulator has issued parameters in line with stock broker regulations, 1992, for designating certain stock brokers as qualified stock brokers.
Anticipations and expectations that masses will indeed develop ahead of any key event, do happen ahead of the budget too and for its obvious significance in highest intensity.
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In 2008, FIIs sold equities worth ₹53,000 crore and Nifty fell 35% while in first 74 days of current calendar year net selling by FIIs is ₹1.11 lakh crore and Index fell by just 9%.
A shocking 55% of women are either not investing or are clueless about their investments, says survey.
Sharma's comment comes as the Indian benchmark indices opened in the red for the fourth session in a row, weighed down by geopolitical tensions and rate hike fears.
Government's bet on infrastructure is pepping up capital goods, construction, cement, metals and banking stocks.