The Securities and Exchange Board of India filed an application with the Supreme Court on Saturday, seeking a six-month extension to complete its probe into the allegations levelled by US-based short-seller Hindenburg against the Adani Group. Sebi said it had studied 56 cases of short selling reports filed against companies in the US, and the […]
By Rajesh Palviya Nifty started the week on a negative note but witnessed buying at lower levels to end the last week of CY2021 on a positive note. Nifty closed at 17354 with a gain of 350 points on a weekly basis. The weekly strength indicator RSI is below its reference line while the daily […]
NDTV founders Prannoy Roy and his wife Radhika Roy on Friday said they will sell 27.26 per cent out of their remaining 32.26 per cent shareholding in the news broadcaster to Adani Group. This follows Adani Group becoming the single largest shareholder in New Delhi Television Ltd (NDTV) after first buying out a company backed […]
The worst in terms of Foreign Institutional Investor (FII) selling and inflation outlook seems to be over now, said Sachin Shah, Fund Manager, Emkay Investment Managers in an interview with Kshitij Bhargava of FinancialExpress.com. Further, Sachin Shah believes that the earnings season barring the oil & gas sector was not too bad. He does foresee […]
Indian equities remained under pressure, with sell-offs dragging the indices down for the fourth straight session. The benchmark Sensex closed 337.66 points or 0.58% down at 57,900.19. It has seen a decline of 4.06% or 2,447.90 points in four sessions since March 9. Also read: Gold Price Today, 14 March: Gold flat after touching highs, […]
Benchmark indices BSE Sensex and NSE Nifty traded higher on Tuesday, extending their gains from Friday’s session. Nifty 50 was higher by 0.5%, reclaiming the 18,100 mark while Sensex gained 320 points at 61,439. The broader markets followed suit as Nifty Midcap 100 soared 0.82% and Nifty Smallcap 100 added 0.68%. There were no indices […]
By Dharmesh Shah Equity benchmarks snapped a two-week winning streak amid broader consolidation. The Nifty settled 1.9% down at 17758.80 while Midcap and small-cap indices corrected 2% and 1.3% respectively. Metals bore a sharp cut of 5% followed by Realty, Banking and Pharma each correcting 2-3% for the week. IT and Auto relatively outperformed. Nifty […]
Tata Starbucks recorded a revenue of Rs 1087 crore in the financial year 2023, up 71 per cent from Rs 635.7 crore the previous financial year. The growth was recorded on the back of growth in the number of retail outlets during the fiscal year. Further, Starbucks’ revenue for the quarter grew 48 per cent […]
Blackstone-sponsored Nexus Select Trust, which will hit the capital market on Tuesday, has raised Rs 1,440 crore from anchor investors.Nexus Select Trust will launch India’s first REIT (Real Estate Investment Trust) Initial Public Offer (IPO) backed by rent yielding retail real estate assets. At present, there are three listed REITs on stock exchanges but all […]
Paytm shares recovered partly today after sinking 9% on Friday after the Chinese e-commerce giant Alibaba offloaded its entire holding in the online payments aggregator. Paytm shares rose 4.28% to Rs 678.00 on BSE in an otherwise negative market with Sensex and Nifty 50 falling half a percent. Alibaba offloaded 21,431,822 shares of Paytm’s parent […]
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