Slone Infosystems share price made a blockbuster debut on NSE SME today. Slone Infosystems share price opened at ₹118.50, which is 50% higher than the issue price of ₹79. The Slone Infosystems IPO subscription period began on Friday, May 3, and closed on Tuesday, May 7. The Slone Infosystems IPO price band was established at ₹79, … Read more
Akshaya Tritiya 2024: Investing in gold has long been a tradition for investors seeking stability and security in their portfolios. However, there are alternative avenues that offer similar benefits with unique advantages. Diversifying investment portfolios with these alternative instruments alongside or instead of gold can enhance risk-adjusted returns and align with specific investment objectives and … Read more
Equities rose as a jump in jobless claims reinforced bets on Fed policy easing — and extended gains after a $25 billion sale of 30-year bonds saw decent demand. The S&P 500 topped 5,200 — though trading volume was 20% below the average of the past 30 days. Gains in stocks have also been attributed … Read more
When you are given a loan’s pre-approval, it usually has a minimal impact on your CIBIL score. This happens because it leads to a soft inquiry rather than a hard inquiry. In other words, loan pre-approval does not influence your CIBIL score in any significant way. Let us understand what is a soft inquiry. Pre-approval … Read more
Amid steep volatility, expiring weekly index options and foreign investor selling, the bellwether Nifty plunged 1.55% to 21,957.5, its biggest single-day fall since 17 January, while the Sensex fell 1.45% or 1,062 points to 72,404.17, its worst since 23 January. Nifty’s top five losers alone accounted for almost three-fifths of the index’s 345-point fall. Foreign … Read more
Maintaining a healthy credit score is vital for financial stability. There are numerous factors responsible for a healthy credit score such as length of credit history and credit utilisation ratio. Additionally, if you are struggling to make payments, consider reaching out to your creditors to discuss alternative payment arrangements or hardship programs. Your bank may … Read more
Shares of gold financing companies – Muthoot Finance, and Manappuram Finance – were trading under pressure on Thursday after the Reserve Bank of India (RBI) sent the companies an advisory concerning cash disbursal of loans. The RBI has instructed Non-Banking Financial Companies (NBFCs) to strictly follow the provisions of the Income Tax Act regarding cash … Read more
The Capital markets regulator Securities and Exchange Board of India (Sebi) has recently issued a master circular for all registered registrars to an issue and share transfer agents (RTAs). The circular stipulates numerous details ranging from registration to responsibilities, transfer related matters, investor grievance redressal, investor charter, cyber security, and role of RTAs with respect … Read more
Defence stocks Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) shares gained over 2% in early trade on Thursday after foreign brokerage Nomura initiated coverage on these stocks. HAL share price rose up to 2.45%, while BEL share price gained as much as 2.78%. Nomura believes India’s defence sector is witnessing significant growth driven by increasing … Read more
CIBIL scores reflect your creditworthiness based on your credit history. Banks use this score as one of the key factors in their decision-making process at the time of assessing your loan application. While a high CIBIL score shows that you have a good credit history and are likely to repay your loans on time, banks … Read more