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Nestle India set first stock split date; Big Opportunity for Investors

21Dec By PriyankaNo Comments

Market

Nestle India set first stock split date; Big Opportunity for Investors

Mumbai, 21st December, 2023: Nestle India, the owner of popular brands like Nescafe, Maggi, and Kit Kat, is set to proposed stock split. The board of directors of this leading FMCG company has announced that January 5, 2024, will serve as the record date for the previously announced stock split. On October 19, Nestle's board granted approval for a stock split in the ratio of 1:10. This means that each equity share with a face value of ₹10 will be divided into 10 shares, each with a face value of ₹1. The stock split will result in an increased number of outstanding shares, thereby enhancing the liquidity of the share. Taking into account the most recent shareholding pattern available on the BSE, promoter entities presently hold a 62.8% stake in the company. Foreign institutional investor...

15Oct By AnkitaNo Comments

Market

Noteworthy Stock Market Crashes in History

The stock market has always been a subject of fascination and concern for both seasoned investors and new entrants. Market trends and behaviors can significantly impact investment decisions, and predicting the future can seem like an elusive endeavor. In this article, we explore the potential for a stock market crash in the years 2023 and 2024, delving into various viewpoints from experts and analyzing key factors that could influence the market's stability. Historical Market Crashes Understanding the past can provide valuable insights into the future. While history does not repeat itself exactly, it often rhymes. Several major market crashes have shaped the course of financial markets in the past, such as the Great Depression of the 1930s, the Dotcom bubble burst in the early 2000s,...

Financial Psychology: The Art of Knowing How to Invest

14Dec By AnkitaNo Comments

Market

Financial Psychology: The Art of Knowing How to Invest

If you want to make smarter decisions about money, you can benefit from learning a bit of psychology. Experts in this field have been dissecting consumer and investor behaviour for decades. Today, there are plenty of insights that can improve your relationship with money. Whatever your situation, this knowledge will help you grow your wealth. Humans are irrational things by nature, and they make poor decisions with money all the time. Discover the way psychology and finance are connected. These takeaways will help any trader or investor in India. When Economics and Psychology Come Together Psychology and economics are pretty different subjects. The former is concerned with human behaviour, emotions and cognition. Economics studies the ways we produce, consume and transfer wealth. ...

2Jan By AdityaNo Comments

INDIA

‘161 Indian IPO’s garner $5.52 bn till November in 2018’

Indian stock exchanges ranked second globally in terms of number of initial public offerings (IPOs), raising USD 5.52 billion from 161 offerings till November this year, according to a report. At the BSE and the National Stock Exchange, there were only two IPOs in fourth quarter of this calendar year, compared with nine and three in fourth quarter of 2017 and third quarter of 2018, respectively, said EY India IPO Trends: Q4 2018 report. A similar trend was witnessed in the small and medium enterprise (SME) market. There were eight IPOs in fourth quarter of 2018, compared with 31 and 42 in fourth quarter of 2017 and third quarter of 2018, respectively, showing a drop of 74 per cent and 81 per cent, respectively, it said. Industrial sector -- construction and engineering -- was the ...

5 Small Stocks that Can Give You Big Returns in Future

6Apr By Lavina TolaniNo Comments

ANALYSIS

5 Small Stocks that Can Give You Big Returns in Future

Have you been trying to look into stocks of small companies that could yield good returns but failed to do so? Well, nothing to worry about, as we have got you covered with our list of top 5 small stocks that seem to be bursting with potential for offering better returns in 2018. Though investors are usually apprehensive when it comes to dishing their money into small stocks, they can be profitable in the long run provided that they are chosen with care and self-analysis. Why should an investor be optimistic regarding small stock investment? Market analysts do not pay much heed to small stocks when it comes to investing in the share market. This is why it gets risky to invest in them. But thinking along a different perspective, the advantage of finding a hidden gem can be tremendous w...

Indian Sensex Crashes Over 300 pts on Capital Gains Tax Proposal

1Feb By AdityaNo Comments

Market

Indian Sensex Crashes Over 300 pts on Capital Gains Tax Proposal

Benchmark Sensex crashed over 300 points in afternoon trade today after Finance Minister Arun Jaitley announced 10 per cent tax on some long term capital gains in his Budget speech. The NSE Nifty also sank below the 11,000-mark during the Budget presentation. Sentiment also took a hit after the fiscal deficit target for 2017-18 was raised to 3.5 per cent of GDP as against 3.2 per cent earlier. The target for 2018-19 has been fixed at 3.3 per cent as against the Fiscal Responsibility and Budget Management Act target of 3 per cent. In highly volatile trading, the Sensex crashed to 35,590.17, a steep fall of 374.85 points, or 1.04 per cent. The 50-share NSE Nifty dropped 117.20 points, or 1.06 per cent, to 10,910.50. All sectoral indices were weighed down by widespread selli...

Know About The Sensex Zig-Zag Happened On Gujarat And HP Election Day

18Dec By RishabhNo Comments

Market

Know About The Sensex Zig-Zag Happened On Gujarat And HP Election Day

The BSE Sensex and NSE Nifty rose after falling over 2% in the opening trade on Monday under the influence of close fight in voting between BJP and Congress in Gujarat and Himanchal Pradesh. The disturbance also weakened against the US Dollar, while bond yield hit a fresh 16-month high. As the market opened, BSE Sensex was down by 531.93% points (1.59%), to 32,931.04 while the Nifty 50 fell 217.30 points (2.10%) to 10,115.95. The market also saw rupee opened at 64.23 against a dollar and touched a low of 64.40. At 09:15, rupee was trading at 64.39 dollar, down 0.54% at the time it closed on Friday at 64.05. The 10-year bond yield was at 7.192%, a level last seen on 3 August 2016, compared to its previous close of 7.134%. At 09:42 all the 19 sectoral indices declined, with BSE Teleco...

Indian Online Travel Portal Yatra.com Listed on Nasdaq Today

20Dec By NitishNo Comments

News

Indian Online Travel Portal Yatra.com Listed on Nasdaq Today

Online travel firm Yatra Online Inc has been listed on the American stock exchange, Nasdaq, under the ticker symbol "YTRA" with effect from today. Yatra said it has completed the transaction with Terrapin 3 Acquisition Corporation (TRTL), which will result in TRTL becoming a partially owned subsidiary of Yatra. As a part of this process, Yatra has raised more than USD 92.5 million of primary capital from global investors, and the merged entity, 'Yatra Online Inc', will continue to be led by Yatra's management team, Yatra Online Inc said in a statement. Commenting on the development, Yatra Co-founder and CEO Dhruv Shringi said: "It's a matter of great pride for us to be one of the few Indian companies to be listed on Nasdaq". Over the course of the past decade, Yatra has established i...