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U.S. Markets Mixed; Waiting Fed Announcement Stocks in the U.S. market are currently trading mixed with low volumes, as investors wait for major announcements from corporations and the Federal Reserve. The Federal Reserve is expected to keep rates the same in its review announcement today. Tech giants including Apple are set to announce their quarterly […]
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News Shots IndusInd Bank reported doubling of its net profit to Rs 1,016 crore in the June 2021 quarter, on a dip in provisioning and a surge in other income. Larsen & Toubro board has approved the amalgamation of the company’s wholly-owned arm L&T Hydrocarbon Engineering Ltd with the parent firm. ICICI Lombard General Insurance […]
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Depositories are institutions that holds your shares/securities in electronic or dematerialized(DEMAT) form. Broadly speaking, a depository acts as a custodian. It may store any form of securities. One can store shares, ETFs, bonds, debentures, certificates of deposits, Government Securities(GSecs), and much more. There are two central depositories in India: National Securities Depository Limited(NSDL) Central Depository […]
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