Why did Indian Market suffer the worst one-day fall in seven months?

The SENSEX crashed 1,406.73 points and NIFTY crashed 432.15 points recently. In terms of percentage, SENSEX crashed by 3% and NIFTY crashed by 3.14%. This was the biggest fall in seven months. This is being referred to as “Blood Bath in Dalal Street”. Dalal Street is the address of Bombay Stock Exchange. The main reason ..

Month: Current Affairs - December, 2020

Category: Economy & Banking Current Affairs • International Current Affairs

Topics: Bombay Stock Exchange (BSE) • Brexit • COVID-19 • COVID-19 new strain • Mutation • National stock exchange • Nifty • Sensex

INR-USD Futures and Options Contracts launched by Finance Minister

On May 9, 2020, the Union Finance Minister Smt Nirmala Sitaraman launched the INR-USD Futures and Options contracts in the BSE and NSE platforms. They were launched at the GIFT International Financial Service Centre (IFSC) in Gandhinagar, Gujarat through video conference. Significance The contracts have been launched to increase economic activity and employment in the ..

Month: Current Affairs - May, 2020

Category: Economy & Banking Current Affairs

Topics: Bombay Stock Exchange • Finance Minister • Gift City • IFSC • National stock exchange • nirmala sitaraman • Stock Market • Stock Trading

Inauguration of AI-powered National Stock Exchange Knowledge Hub by Piyush Goyal

Today, on the 6th of January 2020, the Union Minister of Railways & Commerce and Industry, Piyush Goyal inaugurated the National Stock Exchange (NSE) Knowledge Hub in New Delhi, which is an Artificial Intelligence (AI) powered learning ecosystem that will assist the banking, financial services, and insurance (BFSI) sector. In preparing future-ready talent for the ..

Month: Current Affairs - January, 2020

Topics: Artificial intelligence • National stock exchange • National Stock Exchange Knowledge Hub • Piyush Goyal • Union Minister of Railways

Girish Chandra Chaturvedi appointed as the Chairman of NSE

The leading stock exchange of India, the National Stock Exchange (NSE) has appointed Girish Chandra Chaturvedi as its new Chairman after getting approval from the Securities and Exchange Board of India(SEBI) on Friday, 6th December 2019. Girish Chandra Chaturvedi completed his post-graduation from the University of Allahabad in Physics, is a retired Indian Administrative Services ..

Category: Persons in News Current Affairs

Topics: Girish Chandra Chaturvedi • Government of India • Indian Administrative Service • Ministry of Petroleum and Natural Gas • National stock exchange • NSE • SEBI • Securities and Exchange Board of India • university of allahabad

Girish Chandra Chaturvedi appointed new of Chairman National Stock Exchange

The National Stock Exchange(NSE) has appointed Girish Chandra Chaturvedi as its new chairman. His appointment comes following the approval of markets regulator Securities and Exchange Board of India (SEBI). The NSE chairman was lying vacant since January 2019 when then incumbent Chairman of NSE Ashok Chawla resigned in the middle of charges of corruption in ..

Month: Current Affairs - December, 2019

Category: Awards, Persons & Places in News

Topics: Aircel-Maxis case • FIPB • Girish Chandra Chaturvedi • National stock exchange • NSE • SEBI • Securities and Exchange Board of India