India has intensified patrolling of seas after recent attacks on merchant navy ships. The government has taken the drone attack on MV Chem Pluto and attack on MV Saibaba in the Red Sea seriously, said defence minister Rajnath Singh on Tuesday. In his opening address during the commissioning of INS Imphal into India Navy in […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to one stock/security on Monday, February 6, 2023. Adani Ports is the stock/security placed on the National Stock Exchange’s futures and options (F&O) ban for trade on Monday. According to the NSE, the stocks mentioned above are prohibited in the […]
U.S. stock futures rose in Asian trade on Monday in relief at a weekend rescue deal for Credit Suisse, though the mood was nervous and financial shares remained under pressure from contagion fears, even with support from global central banks. S&P 500 futures rose 0.5% in bumpy early trade. Currency markets were broadly steady while […]
Adani Group stocks surged on Monday after the Gautam Adani-led group said it has repaid loans aggregating $2.65 billion to complete a prepayment programme ahead of the March 31 deadline to cut overall leverage in an attempt to win back investor trust. Adani Enterprises shares rose nearly 4% and Ambuja Cements shares jumped 2%. The […]
Meena Singhal sold 32,000 shares of Arihant Academy Ltd (ARIHANTACA) at Rs 114.89 per share. Gaurang Jitendra Parekh sold 1,05,600 shares of Atal Realtech Ltd (ATALREAL) at Rs 87.40 per share. B W Traders sold 4,25,723 shares of Generic Eng Cons Proj Ltd (GENCON) at Rs 52.89 per share. Solenco Services LLP sold 2,00,000 shares […]
Benchmark equity indices Sensex and Nifty closed lower for a second day on Tuesday due to profit-taking in select banking, power and FMCG stocks amid mixed global markets and foreign fund outflows. Fall in index major Reliance Industries, HDFC Bank and ICICI Bank also dented sentiment. Also Read: Rupee falls 3 paise to close at […]
The infopreneurs and Tier-2 cities are leading as the creator economy surpasses the mark of $100 billion dollar, highlighted a recent survey by Classplus. Survey further shows that the creator economy, once dominated by entertainers, is now witnessing a significant shift towards education and knowledge sharing, giving rise to a new breed of creators- ‘infopreneurs’. […]
The rupee pared all its initial gains to settle lower by 10 paise at 81.84 (provisional) against the US currency on Thursday amid a strong greenback overseas.However, the strong sentiment in the domestic equities market restricted the rupee’s fall, forex traders said. At the interbank foreign exchange, the domestic unit opened at 81.69 against the […]
The National Stock Exchange (NSE) received approval from the Securities and Exchange Board of India (SEBI) to set up a Social Stock Exchange (SSE) as a separate segment on Thursday, December 22. Through the SSE, non-profit organisations (NPO) can now list on the NSE and raise funds. In the Union Budget 2019-20, Finance Minister Nirmala […]
Days after US-based short-seller Hindenberg Research alleged stock manipulation in Adani group stocks, putting an 85% downside target, valuation guru Aswath Damodaran said that “it is possible that Hindenburg was indulging in hyperbole.” Damodaran, Professor of Finance at the Stern School of Business at New York University said that the share price of Adani Enterprises […]
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