Tutorials

Shares were mostly lower in Asia on Wednesday after Wall Street pumped the brakes on its recent rally. Tokyo’s Nikkei 225 index edged higher, while the Shanghai Composite sank 1.6%. Overnight, a late slide in big technology companies left indexes broadly lower, breaking a seven-day winning streak for the S&P 500. A discouraging lack of progress on talks over more economic aid for the US economy, coupled with worries over the coronavirus pandemic and tensions Read More

Equity mutual funds witnessed an outflow of Rs 2,480 crore in July, making it the first withdrawal in more than four years, primarily on profit-booking by investors. Overall, the mutual fund industry witnessed a net inflow of 89,813 crore across all segments last month, much higher than Rs 7,265 crore seen in June, data by Association of Mutual Funds in India showed on Monday. This inflow could be attributed to infusion in liquid funds and Read More

Sensex and Nifty regained momentum and ended Thursday’s trading session higher, helped by RBI’s announcements regarding loan restructuring. S&P BSE Sensex ended 362 points or 0.96% higher at 38,025 points, while the 50-stock Nifty managed to close at the 11,200 mark. With the Nifty 50 closing at 11,200 mark, analysts say there could be further upside in the coming sessions. IT Companies and Banking stocks helped lift the Indices higher today. Apart from Nifty PSU Read More

Gold prices today continued to rally and made a new all-time high of Rs 54,797 per 10 grams, mirroring the rise in overseas gold. In the international market, gold and silver prices are rising at a significant pace, as both metals breached the key level of $2000 and $25, respectively. On MCX, gold October futures rose Rs 246 to hit a record high, while silver September futures fell Rs 186 or 0.27 per cent to Read More

India is the 5th largest economy in the world and the fastest-growing emerging economy. As of 2019, India’s nominal GDP stands at $2.94 trillion and it aims to aggressively accelerate this growth and hit the $5 trillion mark by 2025. The negative effects of the COVID-19 pandemic have affected the entire world. While the world searches for a vaccine, foreign investors of all sizes, be it FPIs or FDIs, are looking for safe-haven investment destinations Read More