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Analysts’ take: Why Sensex tanked over 500 points today
Benchmark equity indices BSE Sensex and NSE Nifty cracked over 1% on Monday following weak global cues and reports of Indo-China border tension. The 30-share Sensex closed 530.95 points down at 48347.59, while the 50-share Nifty index settled 133 points down at 14,238.90. With a fall of 5.36 per cent, energy-to-telecom behemoth Reliance Industries emerged […]
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RERA Act: Seven things homebuyers should know
Are you still waiting for the possession of your home your builder promised? Is the builder not paying you interest on the delayed possession of the property? Is the quality of construction not good? To address such issues, the central government passed The Real Estate Regulation and Amendment Act (RERA) in 2016, which became effective […]
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Stocks to watch today: YES Bank, Reliance Industries, Maruti Suzuki, Tata Motors, JSW Steel and more
Nifty futures on the Singapore Exchange traded 161 points up at 14,536 at 9 am on Monday, indicating a positive start for the domestic benchmark indices. Here are the top stocks to track in today’s session: Q3 results: Aarti Drugs, Can Fin Homes, ICICI Securities, Larsen & Toubro, Uco Bank and Navin Fluorine International are […]
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Here’s how you can check your EPF account balance
EPFO, the retirement fund body, has over six crore members. It has credited interest of 8.5% for 2019-20 to its members. Members can view their account details online and see the amount credited. Here are the steps that you need to follow to check your account balance: — Visit the EPFO website (www.epfindia.gov.in) and click […]
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Here’s a look at five mistakes bank account holders must avoid
Bank account holders nowadays hardly visit their bank branches for carrying out transactions or use other banking services. With debit and credit cards becoming the main modes of carrying out transactions, it has become imperative for individuals to be extra careful about their banking credentials and ensure they are not caught napping. Here are some […]
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Income tax refunds: A look at mistakes you need to steer clear of
Taxpayers look forward to getting refunds after filing their tax returns but sometimes due to some mistakes, they don’t get the refund money on time. With a slew of measures taken by the tax authorities to make the refund process seamless and hassle-free, lack of awareness and proper documentation may prove to be major hindrances […]
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What is UPI and how does it work?
UPI is a single platform that merges various banking services and features under one umbrella. It allows the transfer of money from one bank account to another instantly via one’s mobile phone. Payments can be made via an app on a mobile device only. The money transfer via UPI works on a 24×7 basis. To […]
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Indigo Paints IPO subscribed 117 times; key things you should know
Indigo Paints’ Rs 1,170-crore initial share-sale garnered an overwhelming response from investors and was subscribed 117 times on the final day of bidding on January 22. Here are the key things you should know about the public offer: 1) The IPO has received bids for 64.58 crore shares against an offer size of 55.18 lakh […]
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Upstox launches digital gold platform
Upstox, also known as RKSV Securities India, on January 19 launched a digital gold investment platform for its clients. Apart from investing in the stock market and mutual funds, over 20 lakh Upstox clients can now also invest in gold online and right from the mobile app. The platform enables customers to buy 24-karat digital […]
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Who are Domestic Institutional Investors?
DII refers to ‘Domestic Institutional Investors’. DIIs invest in financial assets and securities of their home country. They use pooled funds to trade in securities and assets. These investments are are influenced by political and economic trends in the country. In addition to foreign Institutional investors (FII), the DIIs also play a decisive role in […]
