Daily Dose of Market and News: 17/09/21

Market Update ▫️ Indian markets extended the rally, on account of support measures announced by the government for various sectors. ▫️Sensex and Nifty closed at 59,141 (+0.71%) and 17,629 (0.69%). ▫️Banking Sector was show stealer which jumped on expectations of Finance Minister's announcement of government funded Bad Bank. Nifty Bank and Nifty PSU Bank surged [...]

Your Daily Dose of Market and News Update 15/09/21

Market Update▫️Indian markets ended the day with moderate gains, amid positive global cues, likelihood of telecom relief package and Auto PLI scheme. Marginally higher Wholesale inflation data restricted the gain.▫️Overall, Sensex and Nifty closed in green at 58,247 (+0.12%) and 17,380 (+0.14%).▫️Broader Markets continue to outshine the benchmark, with Nifty Midcap and Smallcap ending with [...]

Cixit: All you need to know about Citi’s India exit!

India's largest and oldest foreign bank is all set to bid adieu to India's consumer banking business. The announcement baffled bankers all across the country, as the Citi Group has decent market share in world's second largest country. The article may be little lengthy, as we will try to cover all possible aspects of the [...]

Outlook 2021…

If 2020 was a year to preserve your finance, 2021 will be a year to multiply your wealth. The global economy has restarted with a bang and emerging economies are eyeing for a double digit GDP growth, along with high single digit growth in developed nations, thanks to low base, rock bottom interest rates, rapid [...]