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 ..

Month: Current Affairs - December, 2020

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 ..

Month: Current Affairs - May, 2020

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 ..

Month: Current Affairs - January, 2020

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 ..

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 ..

Month: Current Affairs - December, 2019

Karvy’s Trading License Suspended by India’s Top Exchanges

Hyderabad based financial service company, Karvy Stock Broking Limited trading license was suspended by National Stock Exchange(NSE) and Bombay Stock Exchange (BSE) due to non-compliance of norms with the Government of India’s regulator for the securities market, Securities and Exchange ..