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Starlink Awaits Indian Approval for Satellite Broadband Services: Competition Heats Up

Elon Musk's Starlink, a satellite internet company, seeks approval for its India operations. Competition heats up in the GMPCS services sector.

Nifty Bank Analysis for Tuesday Intraday Trade Setup – 12/09/2023

Read our comprehensive analysis of Bank Nifty for Tuesday's intraday trade setup on 12/09/2023. Learn about the technical factors, support and resistance levels, and trading strategies to make informed decisions.

Nifty Reaches 20,000 Mark Amidst G20 Optimism and Strong Fundamentals

Nifty 50 has finally breached the 20,000 milestone, driven by optimism stemming from India's role at the G20 summit.

Railway Stocks Rally Up to 15% After G20 Summit Announcement

Railway stocks rally up to 15% after G20 summit announcement. Government order book and modernization programs boost rail stocks.

Finance Minister hikes securities transaction tax on options and futures contracts

India's Finance Minister has hiked securities transaction tax on options and futures contracts in the 2023 Finance Bill, affecting retail traders and brokers. The new rates will come into effect from the new financial year.

Equity Markets Extend Losses for Third Consecutive Week on Rising Caution and Global Concerns

Equity markets in India continue to decline for the third consecutive week as investors remain cautious after the government raised securities transaction tax and concerns over contagion in global banking.

NSE reduces market lot size for Nifty Bank futures and options in bid to boost retail participation

National Stock Exchange reduces market lot size for Nifty Bank futures and options to boost retail participation. Lot size revised to 15 from 25.

BJP holds parliamentary party meeting amid ongoing budget session protests and passing of Finance Bill 2023

Read about the latest developments in Indian politics, including the first parliamentary party meeting of BJP in the second phase of budget session and passing of the Finance Bill 2023 amid protests by opposition members.

Finance Bill 2023 Passed Amid Controversy as Opposition Protests for JPC Probe and Rahul Gandhi’s Disqualification

Both Houses of Parliament passed the Finance Bill 2023 amid protests from opposition parties demanding a JPC probe into the Adani issue and the disqualification of Rahul Gandhi from Lok Sabha.

Technical Indicators Point to Further Decline in Nifty50, Investors Eye Global Markets for Direction Amid Uncertainty

This news covers the volatile week for domestic equities, global banking industry developments, board meetings, derivatives expiry, FPI flows, IPO watch, commodity watch, and technical indicators.

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