On June 4, a serious glitch disrupted the mutual fund investments of numerous investors using online platforms such as Zerodha and Groww. Despite purchasing their mutual funds before the cut-off time, these investors discovered they were allocated the Net Asset Value (NAV) for June 5 instead of June 4, leading to significant financial losses. In … Read more
Mumbai: TMC MP Saket Gokhale has asked securities market regulator Sebi to investigate the June 3 stock market manipulation triggered by election exit polls. In a letter to Sebi chief Madhabi Puri Buch, Gokhale said multiple exit polls predicted a landslide win for the BJP. But, one exit poll predicted “extremely strange” and “inflated seat … Read more
Fear index India VIX witnessed its highest single-day gain in 9 years, jumping nearly 40% on intraday basis to the day’s high of 28.62. The gains were seen after counting trends showed a strong fight back by the India Alliance though BJP-led NDA still managed to cross the majority mark. India VIX had settled at … Read more
Nifty ended Monday’s trading session 733 points higher with analysts saying that if the election results are better than expected on Tuesday the headline index can even cross the 24,000 mark. The bulls are in full control of the markets at the current juncture and are using every minor pullback to create long positions. Support … Read more
D-Street fear index India VIX fell 22% to the day’s low of 19.12 on Monday after a screaming call by exit polls suggesting the return of the incumbent Bharatiya Janata Party (BJP) led NDA government. At 1:20 pm India Vix stood at 20.21, down by 17.85% from 24.60 on Friday. According to the average of … Read more
India Today – Axis My India has released an exit poll summary indicating that Prime Minister Narendra Modi’s alliance, led by the BJP, will likely secure a majority in the general election. Experts widely agree that the BJP is poised to form a government for the third term. However, the market has experienced some volatility, … Read more
While the smallcap and midcap indices have already been hitting new peaks every other day, it took the twin triggers of exit poll and GDP data for Nifty to scale above its previous peak of 20,222 hit on September 15 today. While the Q2 GDP growth rate at 7.6% surpassed all expectations, Street favourite BJP … Read more
The result of the three-cornered contest between the ruling BJP, the Congress and former Prime Minister H.D. Deve Gowda’s Janata Dal (Secular) will be announced on May 13 Source link