Three Adani Group stocks, Adani Total Gas, Adani Green Energy and Adani Transmission, have their circuit limit narrowed down from 20% to 10% after two continuous days of fall. Today too, Adani Total Gas hit the revised lower circuit of 10% soon after opening. The other two stocks Adani Green Energy and Adani Transmission were […]
The departure of a Romanian aircraft carrying nearly 300 passengers, mostly Indians, to Mumbai was delayed on Monday as some of them did not want to return to their country of origin, media reports said on Monday, three days after being grounded by the French authorities at an airport near Paris over suspected “human trafficking.” […]
Shares of Adani Group companies slid for the sixth straight session on Thursday with the group’s combined market capitalisation (m-cap) seeing a drop of $106 billion since last Tuesday’s close as a video statement by group chairman Gautam Adani failed to assuage investor concerns. Adani Enterprises (AEL) called off its Rs 20,000-crore follow-on public offering […]
Domestic equity indices BSE Sensex and NSE Nifty ended lower as bears took over Dalal Street. The markets extended their losses intraday as Sensex gave up the 62,000 level, losing 800 points, settling at 61,799 while Nifty tanks 1.14% to close at 18,414 on the weekly F&O expiry. The fall comes as US Federal Reserve […]
The government is planning to come out with an initial share sale offer for up to 25 per cent stake in Indian Renewable Energy Development Agency (IREDA) and is looking for merchant bankers to manage the process. The Department of Investment and Public Asset Management (DIPAM) on Monday invited bids from category-I Sebi registered merchant […]
ITC share price rose 1% to Rs 402.6 and hit a fresh all-time high today after the firm informed stock exchanges that it is set to acquire Sproutlife over the next three to four years. Meanwhile, Rajiv Jain-led GQG Partners Emerging Markets Equity Fund increased its stake in ITC for the third straight quarter in […]
Markets regulator Sebi has simplified the procedural requirements for onboarding of Foreign Portfolio Investors (FPIs) in a bid to facilitate ease of doing business and to reduce the time taken for their registration. The regulator allowed designated depository participants (DDPs) to grant FPI registration on the basis of scanned copies of application forms and supporting […]
By Rajesh Palviya NSE Nifty 50 started the previous week on a negative note and traded with extreme volatility on either side throughout the week. Nifty 50 index closed at 16,584 with a gain of 232 points on a weekly basis. On the weekly chart, the NIfty 50 index has formed a “Doji” candlestick formation […]
The much-awaited Life Insurance Corporation of India (LIC) IPO (initial public offering) is set to open next week. Even as LIC issue size is trimmed down to 3.5% of equity, from 5% planned earlier; it will still be the largest ever to hit Dalal Street. The insurance company is valued at just over Rs 6 […]
Benchmark indices BSE Sensex and NSE Nifty fell in trade on Monday, as Sensex dropped 0.66% or 400 points to trade at 60,441 while Nifty fell 116.2, giving up the 17,800 level. Adani Enterprises, Adani Ports, Reliance Industries, SBI, ITC are the most active Nifty 50 stocks intraday. Nifty 50 Gainers and Losers On the […]
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