“MSCI is awaiting further clarification on timeliness, quality and standardization of the data provided by NSDL and CDSL before making related changes to the MSCI Indexes,” it said.
"For the time being, it seems traders would do well by focusing on stock specific opportunities rather than initiating positional trades on index," said Mazhar Mohammad of Chartviewindia.in.
Top Nifty gainers include names like HDFC, UPL, Bajaj Finserv, and Axis Bank.
Under the norms, a manager is required to submit an annual report, among other documents, to all unit holders of the REIT or InvIT with respect to activities of such investment vehicle, within three months from the end of the financial year.
Among sectors, buying was seen in banks, FMCG, energy and metal, while pharma was under pressure. BSE Midcap and Smallcap indices ended with marginal gains.
Considering the last six month's average criteria of NSE parameters, the brokerage has short listed 11 stocks for fresh inclusion in the F&O segment.
Gold has breached past the USD 1800/oz level paving way for more gains however the up move has come without any fresh new triggers hence one needs to be cautious and wait for a lower level to create fresh long positions.
At the interbank forex market, the rupee opened at 75.49 against the US dollar, but lost ground and ended the day at 75.60 against the US dollar, down 9 paise over its last close.
In the futures market, silver for September delivery touched an intraday high of Rs 50,891 and a low of Rs 50,333 per kg on the MCX.
Local gold futures hit an all-time high of 48,871 rupees ($646.66) per 10 grams in early trade, taking their gains to 25 percent in 2020 so far. The contract had gained nearly 25 percent in 2019.
"Long term investors should not get carried away by such instant short term outperformance and can have exposure upto 20-25 percent in few promising quality mid & small cap stocks," Prashanth Tapse said.
We overall assume FY21 expected earnings will be impacted by the lockdown in first/second quarter and earnings recovery may be visible only from the second half of FY21.
The feud between the four brothers stems from a letter they signed in 2014 which penned the long-followed family ideology - Everything belongs to everyone and nothing belongs to anyone
In case of Pharma index which rallied over 60 percent from its March lows, Gautam Shah feels charts are good and the trend is rock solid.
The stock rallied 64 percent from its March lows and was quoting at Rs 86.70, up 9.96 percent on the NSE at 11:58 hours IST.
Spot gold was up 0.2% at $1,783.52 per ounce by 0555 GMT, after hitting its highest level since early October 2012 at $1,785.46 in the previous session.
Equity markets had a plethora of headwinds during the first half of the calendar year 2020. From geopolitical tensions to deteriorating macro to COVID-19, the beleaguered market kept investors on tenterhooks.
Our Top Value Picks with 12-18 month investment horizon are: Bharti Airtel, ICICI Bank, Tata Consumer, Bajaj Finserv, and Hero MotoCorp.
Copper prices have risen seeking support from dwindling stockpiles at exchange warehouses along with signs of robust demand from China.
Bank Nifty added close to a percent led by Axis Bank which jumped over 3 percent followed by Federal Bank, Bank of Baroda, ICICI Bank, IDFC First Bank, IndusInd Bank and RBL Bank.
Revenue receipts of central government in April-May less than a third of the same period last year
The charge was filed in US District Court in Philadelphia. The price-fixing conspiracy allegedly took place from 2013 to 2015 and caused a loss to victims of at least $200 million, according to the department.
In the first half of 2020, only 121 stocks from the S&P BSE 500 index delivered positive returns
For the full year, net loss of the company was reported to Rs 58.11 crore in the year ended March 2020 as against net profit of Rs 160.10 crore during the previous year ended March 2019.
Experts are of the view that the trend in global and silver is likely to remain on the upside amid rising fears of COVID-19 related cases, and global recession.