The Nifty 50 closed 0.11% lower at 22,641.75, while the BSE Sensex closed 0.10% lower at 74,665…
Read moreThe new anti-melt 12V-2×6 GPU connector, replacement for the notoriously melty 12VHPWR connector, has undergone initial testing. And, hallelujah, it doesn’t melt.
Testing at cable manufacturer Linwell, by YouTube channel Hardware Busters, shows in excess of 600 watts coursing through the new connector for 15 minutes and only hitting 46°C at both ends of the cable. But here’s the really impressive bit. That applies both with the cable fully seated and barely in contact.
In other words, you can have the new 12V-2×6 only partially inserted and it won’t overheat. At least, it didn’t in this test, again with over 600 watts of power, which is a fair old lump of electricity.
Of course, this is just one test. With the old 12VHPWR connector overheating wasn’t a nailed on ce…
Read moreShare Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark domestic indices ended the week’s last trading session in the negative territory. The NSE Nifty 50 fell 82.05 points or 0.42% to settle at 19,542.65, while the BSE Sensex shed as much as 231.62 points to 65,397.62. The broader indices ended in the red, with Midcap stocks leading the losses. The Bank Nifty index shed 31.45 points, or 0.07% to settle at 43,723.05. The other sectoral indices also settled in the negative territory except for Private Bank. ITC, Tata Steel, BPCL, Divi’ Labs and Cipla were the top laggards on the NSE Nifty 50, while the gainers included Kotak Mahindra bank, IndusInd Bank, SBI Life Insurance Company, TCS and NTPC. The volatility index (India VIX) sett…
Read moreShare Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices closed in negative territory on April 09. The NSE Nifty 50 dropped 24.55 points or 0.11% to settle at 22,641.75, while the BSE Sensex lost over 77 points or 0.10% to finish at 74,665.32. Bucking the trend, Nifty Bank gained 127 points or 0.26% to close at 48,708.35.
Capital markets regulator Sebi is looking to come out with a framework for the issuance of subordinate units by REITs and InvITs to sponsors and their associates.Additionally, the regulator has proposed a framework for unit-based employee benefits (UBEB) in the context of REITs (real estate investment trusts) and InvITs (infrastructure investment trusts).
The Securities and Exchange Board of India (Sebi) has sought comments from the public till December 29 on the proposals.Under the proposed framework, subordinate units can be issued only to the sponsor, its associates and sponsor group, such units should carry only inferior voting as compared to ordinary units and the units can be issued to the eligible entities in the initial offer or in any offering subsequent to the init…
Read moreThe small-cap segment has been on fire in recent times, but mutual fund houses won’t be launching many new fund offers (NFOs) in the space, said market experts.
“Going forward, there won’t be too many launches in the small-cap funds because everybody already has a scheme,” Dhirendra Kumar, Chief Executive Officer and Founder of Value Research said. He added that fund houses may have to resort to launching more index funds in the same space since there is no regulatory restriction on the latter.
In October, already 10 new fund offers are set to be launched. One already launched in the first week, while nine are ongoing. Out of these, there are two small-cap funds. Four of the active new fund offers are set to close on October 18, according to I…
Read moreGIFT Nifty traded up 34 points, or 0.17%, at 19,734.50, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Monday. On Friday, the NSE Nifty 50 fell 0.22% to settle at 19,751.05, while the BSE Sensex shed 125.65 points to 66,282.74.
“Weak revenue guidance of the IT sector and the current uptick in crude prices weighed on the sentiment. While higher-than-expected US inflation data pulled down the week’s early uptrend, which was positive on remark of less hawkish US Fed meeting. However, some optimism was visible from domestic factors like a steep decline in domestic inflation and impressive industrial production data, along with bright earnings expectations for Q2,” said Vinod Nair, Head of Research at Geojit Financial Service…
Read moreVivriti Asset Management (VAM), a performing credit-focused asset manager, on Monday announced closure of its diversified bond fund (DBF) with over $200 million of commitments.
Launched in early 2022, the strategy comprises of three category-II credit AIFs: Vivriti Wealth Optimizer Fund, Vivriti Emerging Corporate Bond Fund and Vivriti Alpha Debt Fund – enhanced.
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Under diversified bond funds (DBF), VAM has invested over Rs 1,400 crore since January 2022 in 40 investees that operate predominantly in core sectors – airports, clean energy, road construction, fertilizer , thermal energy, and others as well as services such as software services and managed offices, the fund ma…
Read moreStocks in Focus: GIFT Nifty traded up 48 points or 0.25% at 19,005.5, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Friday. Previously on Thursday, the NSE Nifty 50 tanked 264.90 points or 1.39% to settle at 18,857.25, while the BSE Sensex shed as much as 900.91 points or 1.41% to 63,148.15.
“Till date, the actual domestic Q2 results are below par in comparison to the excited earnings forecasted. Similar disappointments are visible in developed economies. Downgrade in earnings and valuation is arising due to risk of further slowdown of the economy due to geopolitical and elevated interest rates. Also selling pressure intensified due to expiry-led volatility influencing investors to stay cautious,” said Vinod Na…
Read moreThe Economic Survey 2023-24 has raised concerns about the consequences of the increased participation of retail investors in derivatives trading, and the financial market growth running ahead of the economic growth. The survey, tabled in Parliament on Monday, said the capital markets are becoming prominent in India’s growth story.
The 476-page document has hinted at potential regulatory and government policy interventions as the financial sector undergoes critical transformation.
“The Indian financial sector is at a turnpike moment. The dominance of banking support to credit is being reduced, and the role of capital markets is rising… As India’s financial sector undergoes this critical transformation, it must also brace for likely vulnerabilities and prepar…
Read moreGIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Tuesday. Here is all you need to know before the market opens.
GIFT Nifty ended up by 22 points or 0.10% at 21,821.50 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Tuesday. Previously, on Monday, the NSE Nifty 50 dropped 82.10 points or 0.38% to settle at 21,771.70, while the BSE Sensex plunged by 354.22 points or 0.49% to 71,731.42.
“Markets started the week on a subdued note and shed nearly half a percent. After the flat opening, the Nifty oscillated in a narrow range however a sharp dip in the final hours pushed the index lower. Meanwhile, traction continued in pharma, auto and energy packs while FMCG,…
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