Market Movers: Nifty Stocks on Sale, Tata Steel Stake Buy & NSDL IPO Buzz
Your daily dose of business news
🗞️ SEBI Chief on ₹250 SIP: ‘Every Indian Can Invest’
SEBI's chief emphasized financial inclusion, saying even a ₹250 monthly SIP can help every Indian invest.
Expert Opinion:
“This move can democratize investing in India.” – Shruti Mehta, Personal Finance Expert
🗞️ NSDL’s ₹3,000 Crore IPO Set for Next Month
CDSL shares surged amid reports that NSDL is planning a ₹3,000 crore IPO in March.
Expert Opinion:
“This could be a major milestone in India's financial infrastructure growth.” – Ramesh Iyer, Market Strategist
🗞️ Tata Steel Buys ₹2,603 Crore Stake in Singapore Arm
Tata Steel acquired a ₹2,603 crore stake in its Singapore subsidiary to strengthen its global operations.
Expert Opinion:
“This signals Tata Steel’s commitment to global expansion.” – Anuj Verma, Metals & Mining Analyst
🗞️ ₹135 Dividend Payouts by 17 Companies on Feb 21
Companies like PG Health, Nirlon, Manappuram Finance will distribute ₹135 per share in dividends tomorrow.
Expert Opinion:
“Investors should track dividend-paying stocks for stable returns.” – Rohan Desai, Market Analyst
🗞️ Nifty Stocks on Sale: 29 Bluechips Below 5-Year Average PE
29 Nifty blue-chip stocks are trading below their 5-year average PE, sparking a buying opportunity debate.
Expert Opinion:
“Investors should evaluate fundamentals before jumping in.” – Rajiv Malhotra, Equity Analyst
🗞️ Flipkart’s Festive Sale Impacted Walmart’s Q4 Growth
Walmart CFO acknowledged that Flipkart’s Big Billion Days sale timing affected Walmart’s Q4 revenue growth.
Expert Opinion:
“This highlights the seasonal impact of major e-commerce events.” – Kritika Sharma, Retail Market Expert
🗞️ US Tariffs Won’t Significantly Impact India’s Pharma Exports
Despite new US tariffs, experts say India’s pharma exports will remain stable.
Expert Opinion:
“Indian pharma firms have diversified markets to reduce risk.” – Dr. Neha Agarwal, Healthcare Economist
🗞️ Trump Calls $21 Million USAID Fund to India a ‘Kickback Scheme’
Donald Trump called the US aid to India a "kickback scheme," triggering a new BJP vs Congress debate.
Expert Opinion:
“This could influence US-India relations ahead of elections.” – Dr. Vivek Sharma, Geopolitical Analyst
📊 Market Updates
Sensex: Down 424.90 points (0.56%), closes at 75,311.06
Nifty 50: Falls 117.25 points (0.51%), ends at 22,795.90
Rupee: Weakens to ₹86.71/$
Gold: ₹88,223 per 10g
Silver: ₹103,500 per kg
Brent Crude: Steady at $76.45 per barrel