Author: admin
Investors having demat accounts with the National Securities Depository Ltd (NSDL) and Central Depository Services Ltd (CDSL) can now access their holdings across the two platforms in one place.On 20 February, NSDL and CDSL, in collaboration with the Securities and Exchange Board of India (Sebi), launched apps that consolidate an investor’s financial data and offer a seamless and comprehensive view of their portfolios on a single interface.These unified platforms are meant to offer significant convenience to India’s millions of demat account holders. According to Sebi’s annual report for 2024, CDSL had 115.6 million demat accounts and NSDL had 35.8 million…
(Bloomberg) — With the so-called Trump bump fading across markets, Bitcoin options are showing that investors and traders are hedging against a decline in the cryptocurrency to levels last seen just after election day. Most Read from Bloomberg The open interest, or the number of outstanding contracts, for put options with a strike price of $70,000 is the second highest among all contracts expiring on Feb. 28, according to data from Deribit, the largest crypto options exchange. A total of $4.9 billion in open interest is set to expire on Friday. Bitcoin has tumbled roughly 20% from a record high…
The government is working on a universal pension scheme that will be offered to all citizens, including those in the unorganised sector, reported NDTV on Wednesday, citing Labour Ministry sources.Currently, workers in the unorganised sector do not have access to pension schemes such as the National Pension Scheme (NPS), but they can subscribe to Atal Pension Yojana (APY).Under the APY, subscribers receive a guaranteed minimum pension of ₹1,000, 2,000, 3,000, 4,000, or 5,000 per month after the age of 60 years until death, depending on their contributions.What is the new universal pension plan?The Labour Ministry is contemplating a universal pension…
On Wednesday, the global crypto market plunged to $2.7 trillion, as Bitcoin, Ether, Dogecoin, and other cryptocurrencies saw their worst performance in months. This sharp decline triggered liquidations exceeding $700 million, according to CoinGlass. “The cryptocurrency market has been under pressure for the past few days,” said Sergei Gorev, Head of Risk at YouHodler. Bitcoin’s price sank to $83,883 on Wednesday afternoon, while Ether dropped to $2,307. Bitcoin recently hit its lowest price since November 2024, while Ether reached its lowest value since September 2024. “Ethereum’s recent decline is primarily driven by broader market sentiment,” said Ruslan Lienkha, Chief of…
(Bloomberg) — It’s never been more expensive to go on vacation during spring break. This year the average trip from March 12-21—determined to be the peak period for school breaks—costs $8,306. That’s more than double what it cost in 2019 and 26% more than it did last year, according to Florida-based Squaremouth, a travel insurance comparison engine. To crunch those numbers, Squaremouth examined the value of 6,000 trips from Feb. 20 to April 15, 2025. (Cost of travel must be submitted when purchasing insurance.) The company also surveyed 8,000 US travelers about their plans, finding that at least 40% of…
Bitcoin tumbled below $84,000 on Wednesday, sliding more than 5% in the past 24 hours, as U.S. President Donald Trump announced plans to impose a 25% tariff on the European Union. Speaking during his first cabinet meeting, Trump said, “We have made a decision, and we’ll be announcing it very soon. It’ll be 25 per cent,” as reported by the Financial Times. The president also criticized the EU’s trade practices, claiming that “the EU was formed to screw the US.” Stocks turned lower on Wednesday, reversing earlier gains, with the S&P 500 heading for its fifth consecutive day of declines.…
Check out the companies making headlines in after-hours trading: Snowflake — Shares of Snowflake popped more than 9% on the back of the company’s better-than-expected fourth-quarter report. The data cloud analytics company reported adjusted earnings of 30 cents per share on revenue of $987 million, while analysts surveyed by LSEG expected earnings of 17 cents per share on revenue of $956 million. Nvidia — The chipmaker’s shares edged about 0.6% higher on a strong earnings report. Nvidia exceeded fourth-quarter estimates on the top and bottom lines and said it sees first-quarter revenue coming out higher than the Street’s expectations. Nvidia…
This crucial metric for stress tests, as mandated by the Securities and Exchange Board of India, indicates higher liquidity risks in the small-cap segment even as investors flock to these stocks, lured by their promise of high returns. According to some experts, a high liquidity risk could also point to the low quality of a fund’s investments. On average, the time required to liquidate 50% of a small-cap fund portfolio has increased by 39.4 days between the first such stress test conducted in February 2024 and the latest in January. The time needed to liquidate 25% of a portfolio has risen…
Stocks closed mixed to end another volatile trading session after President Trump spoke about his tariff plans at a cabinet meeting Wednesday afternoon and investors also braced for Nvidia’s (NVDA) after-the-bell earnings, which beat on both the top and bottom lines. The Nasdaq Composite (^IXIC) pared gains to finish the day up around 0.3%. The tech-heavy index had risen as much as 1% earlier in the session after consecutive sharp losses for the index. The benchmark S&P 500 (^GSPC) closed just above the flatline, while the Dow Jones Industrial Average (^DJI) fell roughly 0.4%. Bitcoin (BTC-USD), which has been retreating…
The market has been volatile for quite some time now and benchmark index Nifty50 is down 16 percent from its peak in September 2025. Sensex 30 now trades around 20.7 price/equity (PE) and Nifty50 is around the same level too. Thanks to the market correction, several stocks are seen to be available at discounted prices. This brings to the need to invest in value mutual funds which are seen to hold a lot of potential in future.For the uninitiated, value funds refer to the schemes which follow value investment strategy with at least 65 percent assets invested in stocks.Two types of…