India's Monetary Policy Committee decided to keep the benchmark repo rate unchanged for the sixth straight meet even as food inflation concerns persist while economic activity stays resilient. The MPC decided: To keep the repo rate unchanged at 6.5% by a 5:1 majority. The standing deposit facility rate,…
SBI Energy Opportunities Fund NFO Details: Mutual Fund SBI Mutual Fund Scheme Name SBI Energy Opportunities Fund Objective of Scheme The investment objective of the scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies…
NIFTY: the NIFTY opened at 22045.05 with a gap up of 116 points. The index could not sustain at the higher levels and saw a sharp dip after recording its intraday high at 22053.30 in its initial trades. The decline filled the gap and prices moved further on…
View on market: Volatility Prevails, Market is searching for better value Early on Thursday, the markets in South Korea and Japan were rising, following Wall Street's overnight gains. At 6:30 a.m., the KOSPI index was trading 10.68 points, or 0.41%, higher at 2,620.26, while the Nikkei 225 was…
NIFTY: NIFTY opened at 21825.20 with a gap up of 54 points. The index could not sustain at the higher levels and saw a sharp dip for the first five minutes of trading. Prices have filled the gap, found support there, and bounced up sharply after recording its…
View on market: Volatility Prevails, Market is searching for better value Following the lead set by Wall Street's overnight advances, the majority of markets in the Asia-Pacific area saw higher opening activity on Wednesday. At 6:30 a.m., the KOSPI index was up 31.35 points, or 1.22%, at 2,607.55…
NIFTY: The NIFTY opened at 21921.05 with a gap up of 68 points. The index could not sustain at the higher levels and saw a sharp dip for the first five minutes of trading. Prices have filled the gap and then bounced up sharply. The rally found resistance…
View on market: Volatility Prevails, Market is searching for better value Following Wall Street, the majority of other Asian indices fell as expectations for a quick shift by the Federal Reserve to monetary easing were further dampened by positive US economic statistics. Treasuries rose on Monday following yet…
