Markets record biggest one-day jump in more than 4 months; RIL, lead charge ICICI
India’s benchmark indices had their best day in more than four months on Friday with heavyweights such as Reliance Industries, ICICI Bank and Infosys topping the list. The Sensex rose 1,031 points, or 1.8 percent, to end at 58,991, while the Nifty50 index settled at 17,360 after gaining 279 points, or 1.6 percent – the […]
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Markets are preparing for the fourth consecutive monthly decline
Ravi Nathani Codes How Nifty50 and Nifty Bank Trade Amid Volatility Sensex rose 445 points from the day’s low to the end level; Adani FPO fully subscribed Street signs: Nifty50 rises, Whirlpool of India may face F&O ax and more Sensex rose 157 points, Nifty rose above 17,300 points; Nifty Metal rose 3% and consumer […]
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Benchmark Sensex gains 346 points thanks to steady trends in global markets
Sensex rose by 346 points while Nifty closed near 17,100 on Wednesday amid new inflows of foreign money and steady trends in global markets. Buying into services, real estate, commodities and auto stocks also added to the positive momentum. The 30-share BSE Sensex advanced 346.37 points, or 0.60 percent, to close at 57,960.09. On the […]
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The S&P 500 is falling while bond yields are rising along with gold
By Sinead Carew and Amanda Cooper NEW YORK/LONDON (Reuters) – The Standard & Poor’s 500 index fell on Tuesday, after gains in the previous session, while Treasury yields rose with gold for the second day in a row, as investors continued to worry about banks and the economy in the absence of strong positive catalysts. […]
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Sebi fined Rs.1 crore in Coffee Day Enterprises money transfer case
Coffee exports from India increased by about 2% to 400,000 tons in 2022 Total defaults for Coffee Day Enterprises at Rs.465.66 crore in Q2FY23 Joy for Coffee: How to Choose the Best Brew for Your Home Delight ‘Run like a feudal lord’: Sippy imposes a penalty of Rs 26 crore on a coffee day Shareholders […]
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Foreign investment institutions invested nearly Rs 7,200 crore in Indian stocks in March so far
Foreign investors have poured Rs 7,200 crore into Indian stocks so far this month, mainly driven by the massive investment in Adani group companies by US-based GQG Partners. Going forward, FPIs are likely to be cautious in the near term as there is a sense of risk-off in equity markets globally due to stress in […]
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Avalon Technologies will launch its IPO of Rs 865 crore on April 3
The initial share sale of Rs 865 crore electronic manufacturing services company Avalon Technologies will open for IPO on April 3. The initial public offering (IPO) will close for three days on April 6, and bidding for anchor investors will open on March 31, according to Red herring (RHP)’s prospectus. The company reduced the IPO […]
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Campus Activewear shares tanked 9% after TPG sold its entire 7.62% stake.
Shares of Campus Activewear fell nearly 9 percent after TPG sold its 7.62 percent stake in the company via package deals. The principal private equity firm sold 23.2 million shares at Rs 347.24 per share totaling Rs 806 crore. Among the buyers were Fidelity and Societe Generale. Shares of the shoe manufacturer […]
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Accepting investments from KYC-compliant e-wallets: Sebi to mutual funds
The use of e-wallets for microfinance investments was allowed in 2017 to promote digitization
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Markets Take Gains Ahead of Fed’s Interest Rate Decision; Bank stocks rose
Equity markets rose slightly as investors around the world shifted their focus to the US Federal Reserve’s interest rate decision after the conclusion of the two-day meeting of the Federal Open Market Committee. The ongoing crisis in the banking sector has raised hopes that the US Federal Reserve will push to raise […]
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