Former RBI governor Raghuram Rajan has asked why SEBI has not yet got to the bottom of ownership of the four Mauritius-based funds who are said to have parked 90 per cent of their USD 6.9 billion in Adani group stocks, saying does the market regulator need help of investigating agencies for this? The funds […]
India has become the first country in the world to fully implement the ‘trade-plus-one’ (T+1) settlement cycle for investors in top listed securities. Aside from China which is partly under the T+1 settlement cycle, most international markets such as the US, Europe, and Japan are still under the ‘T+2’ settlement cycle. From Friday, 27 January […]
Recently, Cement major Dalmia Bharat has entered into a share purchase agreement with Jaiprakash Associates (JAL) to acquire its cement assets spread across Madhya Pradesh, Chhattisgarh, and Uttar Pradesh with 9.4 million tonnes per annum capacity and other power assets at an EV of Rs 570 crore. This deal is still subject to due diligence, […]
Topgain Finance Pvt Ltd sold 184,51,883 shares of Excel Realty N Infra Ltd (EXCEL) at Rs 0.40 per share. Malabar India Fund Ltd bought 17,67,341 shares of Ganesh Benzoplast Ltd (GANESHBE) at Rs 149.69 per share. Anil Tulsian bought 5,00,000 shares of Jet Freight Logistics Ltd (JETFREIGHT) at Rs 15.13 per share. Pancholi Gunjan bought […]
By Niranjan Avasthi After the pandemic, which crippled the economy, there is another concern among market experts. It is: interest rates are rising too soon. Also, globally, financial markets have turned volatile with every small change in bond yields. This development is likely to bring about a definite change in the way businesses will be […]
Eight out of ten Adani Group stocks pared losses after falling in early trade, to stage a sharp recovery on the back of reports suggesting that the group will prepay or repay share-backed loans by March-end. The loans are worth $690 million to $790 million, as the conglomerate seeks to burnish its credit profile after […]
Investors are relying on an old strategy to navigate the current tumult in asset prices: buying shares of the massive U.S. companies that led markets higher for years.Shares of the top five companies by market value — Apple , Microsoft, Alphabet, Amazon and Nvidia — have gained between 4.5% and 12% since March 8, when […]
Stock Market Today, Nifty, Bank Nifty: Benchmark indices NSE Nifty 50 and BSE Sensex may trade flat on Monday amid muted global cues. The Nifty futures on the Singapore Exchange (SGX) were trading 49 points or 0.28% higher at 17,688.5 in the early morning trade. Asian markets were trading mixed with China’s Shanghai Composite Index […]
By Bhavik Patel Gold market has been trading in the range of 59500-60400 for the past 8 trading sessions. The biggest catalyst for the gold market would be the FOMC meeting on 3rd May. Today’s PCE will also be very important as it is Fed’s preferred indicator for inflation. Yesterday US GDP growth came lower […]
By Shivangi Sarda Nifty 50 index opened positive and headed towards 17884 in the first half of yesterday’s session but it could not hold at higher zones. Bears dragged the index and it drifted towards 17613 marks by breaking below the previous day’s lows. It closed near intr-day low with losses of around 175 points […]