Among gaining bank stocks were Sai Gon-Ha Noi Bank (SHB), Sacombank (STB), Bank for Investment and Development of Vietnam (BID), and Vietcombank (VCB). … [Read more...] about Banks, chemical and plastic firms lift market up
By Prashant Dhama Market volatility, like the one we have been experiencing for the past three months, usually results in anxiety, uncertainty and discomfort even in the most seasoned investor. Perhaps this feeling of anxiety and discomfort is the main reason why investors do not make good money from investing in the stock market. But why does this happen? To begin with, let’s understand some plain and proven facts. At any point in time, if you decide to start investing in the stock market, it doesn’t mean you automatically become a risk taker. The real risk is accepting the consequences of your actions, and that too, without the discomfort of fear. But why do we experience this discomfort and end up making investment mistakes? When a situation doesn’t go as per our expectations and we are not prepared for the resultant unpleasant outcome, it causes discomfort and pain. Up or down, volatility is and always will be an integral part of the stock market. Every … [Read more...] about Why most investors find it hard to handle volatility in stock market?
New Delhi: Power Exchange India (PXIL), promoted by NSE and NCDEX, is going to launch the real-time market (RTM) for electricity transactions from June 1. RTM provided by PXIL would ensure that buyers and sellers can purchase or sell electricity from anywhere across the country with just one hour’s prior notice. “The entire transaction would be online and accessible from any corner of the country,” the company said in a release. This would be the first exchange contract that would allow even generators with long-term PPAs to participate on the exchange where they can sell their requisitioned surpluses. This would also allow renewable energy generators, who may have unanticipated surpluses to sell such supply and earn revenues and in turn obtain Renewable Energy Certificates (RECs) as well. This market on PXIL also has the provision for generators who may have faced a forced outage, to purchase power and fulfil their contractual commitments. “For Discoms, … [Read more...] about Power Exchange India to launch real time market for electricity
Domestic stocks are likely to see high volatility on Thursday amid the expiry of weekly options and May series F&O contracts. Global cues will be watched keenly. Here’s breaking down the pre-market actions. TRADE SETUP SGX Nifty signals positive start Nifty futures on the Singapore Exchange traded 47.90 points, or 0.51 per cent higher at 9,359 in signs that Dalal Street was headed for a positive start on Thursday. Tech view: Nifty forms bullish candle Nifty50 took support at its 50-day moving average, whose value stood at 9,006 at Wednesday's close.The NSE barometer also closed above its 20-day moving average, which analysts said is a positive signal. Going ahead, the index may face resistance at 9,500 level and have support near 9,250, said analysts. Market-wide rollovers at 74% Market-wide rollovers till Wednesday stood at 74 per cent. Nifty rollovers stood at 61 per cent compared with the average rollovers of 57 per cent in the last three F&O series. Stock … [Read more...] about SGX Nifty trades 45 points higher; here’s what changed for market while you were sleeping
NEW DELHI: Around 8 stocks fell to touch their 52-week lows on NSE in Thursday's session. Among the stocks that touched their 52-week lows were Arman Financial Services, Krishana Phoschem, Mask Investments, Sterling Tools, Sundaram Multi Pap and Videocon Industries. Domestic benchmark index NSE Nifty was trading 147.10 points up at 9462.05, while the BSE Sensex was trading 517.66 points up at 32122.88. In the Nifty 50 index, IndusInd Bank, Zee Ent., Eicher Motors, HDFC Bank and Axis Bank were among the top gainers on the NSE. However, Wipro, BPCL, TCS, Grasim Inds. and ITC were among the top losers. … [Read more...] about Stock market update: 8 stocks hit 52-week lows on NSE