As of March 2025, insurance companies collectively hold a 19.22% stake in NSE, amounting to 47.57 crore shares. At an estimated share price of Rs 2,369, this stake is valued at approximately Rs 1.12 lakh crore, underscoring the substantial institutional confidence in the exchange. Among the major state-backed stakeholders are Life Insurance Corporation of India…
In the last one year, several penny stocks have given substantial returns to their investors but we highlight 10 penny stocks that have surged between 40% and 740%. These stocks were selected based on specific criteria: a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a recent minimum trading volume…
Global investors are on edge as the US Federal Open Market Committee (FOMC) begins its two-day policy meeting today, with a decision on interest rates expected on June 18. While the US Federal Reserve is widely anticipated to keep rates unchanged, markets are closely tracking the Fed’s guidance amid lingering uncertainty over US tariff policies…
Metals and mining conglomerate Vedanta Ltd is set to consider its first interim dividend for the financial year 2025–26 (FY26), with a board meeting scheduled for Wednesday, June 18. In a regulatory filing after market hours on Friday, the Anil Agarwal-led company said, “The meeting of the Board of Directors of the Company (the ‘Board’)…
In the past two days, the scrip recorded a gain of over 9 per cent on the BSE, making its investors richer by a whopping Rs 15,000 crore. Source link
The Nifty started Wednesday’s trade on a rather timid note. As the underlying index was quietly drifting downwards, the futures started trading at a deeper discount of nearly 10 points. It was the last hour of trade that saw better volumes and a sharp movement. The fall amid global uncertainties has brought the Nifty once…