Unless this blows up into substantial numbers wherein we start looking at physical movement restrictions, on current evidence this seems a non-event for markets at this juncture
The latest gains come on the back of robust sales posted by realty developers for the three-month period ending March (Q4FY23)
Inspired by Brazil's Novo Mercado, the platform would accept any listed company that voluntarily adopted its stricter corporate governance code
Udayshivakumar Infra IPO listing date: The shares of the IPO are expected to be listed on the bourses on April 3
Equity benchmark Sensex declined nearly 540 points on Thursday, pressured by heavy selling in index heavyweights Reliance Industries, Bajaj Finserv and ICICI Bank amid a sluggish trend in the global markets. Besides, a weak rupee against major currencies overseas further weighed on sentiment, traders said. Snapping its three-day gaining streak, the 30-share BSE Sensex opened strong but came under severe selling pressure to close 541.81 points or 0.90 per cent lower at 59,806.28. Similarly, the broader NSE Nifty declined 164.80 points or 0.93 per cent to 17,589.60. M&M was the top loser in the Sensex pack, skidding 3.31 per cent, followed by Reliance Industries, Bajaj Finserv, ICICI Bank, Maruti, Tata Motors and Tech Mahindra. On the other hand, Tata Steel, L&T, Axis Bank, Bharti Airtel and HDFC Bank were among the gainers. Sector-wise, BSE Auto and Consumer Durable witnessed intense selling during the session. In the broader markets, the BSE midcap fell 0.55 per cent and the ..
India, according to them, is among the more sensitive markets to US rates, and demonstrates the most sensitivity to local rates given higher influence of domestic flows into the market
Reading rides on coat-tails of Rs 31-trn decline in India's m-cap to Rs 258 trn
India's contribution to the world market cap too has slipped below 3 per cent after having topped 4 per cent in October 2022
The UK's equity market capitalization remains behind France after losing its place as Europe's biggest stock market last year.
Baring Private Equity India Investment Manager LLP has settled with markets regulator Sebi a case pertaining to alleged flouting of AIF rules. This came after Baring Private Equity (noticee) proposed to settle the proceedings through a settlement order "without admitting or denying the findings". In the settlement order passed on Monday, Sebi said, "The instant adjudication proceedings initiated against Baring Private Equity India Investment Manager LLP vide SCN dated on May 12, 2022 is disposed of". The Securities and Exchange Board of India (Sebi) had initiated the adjudication proceedings for the alleged violation of AIF (Alternative Investment Fund) norms. Thereafter, the regulator issued a show cause notice (SCN) to the noticee on May 12, 2022, for violating AIF rules. Pending adjudication proceedings, the noticee filed a settlement application with Sebi to settle the case. The regulator recommended the settlement of instant proceedings upon payment of Rs 16.57 lakh. After t
Banking stocks witnessed intense selling pressure in the latter part of last week
Shares of Adani Group firms ended on a mixed note on Thursday after rallying in the morning trade amid volatile trend in the broader market. Adani Wilmar stock climbed 5 per cent, NDTV rallied 4.99 per cent, Adani Power jumped 4.97 per cent, Adani Ports advanced 1.45 per cent, Adani Enterprises ended 1 per cent higher and Ambuja Cements advanced 0.99 per cent on the BSE. However, shares of Adani Total Gas tanked 5 per cent, Adani Transmission fell 4.93 per cent, Adani Green Energy dipped 0.69 per cent and ACC declined 0.55 per cent. In the broader market, the BSE Sensex ended marginally higher by 44.42 points or 0.07 per cent at 61,319.51. Most of the Adani Group stocks had ended higher on Wednesday. Billionaire Gautam Adani's embattled conglomerate said its balance sheet is "very healthy" and is laser focused on continuing business momentum, as it looked to reassure investors to keep faith in the group despite a share rout triggered by a damning report by a US short-seller. Grou
One of the prominent reasons for this net outflow is higher valuation of Indian equities as against some of the other comparable markets
Sebi on Tuesday said it will auction 22 properties belonging to companies of MPS Group, Tower Infotech and four others on March 3 for a reserve price totalling Rs 91 crore in a bid to recover investors' money. Apart from MPS Group and Tower Infotech, the regulator has put on block properties of Vibgyor Group, Prayag Group, Multipurpose BIOS India Group and Waris Finance International Group. These companies had raised funds from investors without complying with regulatory norms. The 22 properties to be auctioned include land parcels, storied buildings, flats and a commercial space, situated across West Bengal, the Securities and Exchange Board of India (Sebi) said in a notice. Inviting bids, Sebi said auction of the properties will be conducted through online mode on March 3 during 11 am to 1 pm. Of the 22 properties to go under the hammer, 11 belong to MPS Group of companies; 3 each relate to Multipurpose BIOS India Group and Vibgyor Group of companies; two each are of Prayag Grou
The brutal selloff induced by the report has not only had an impact on Gautam Adani's personal wealth but also reduced India's weighting in MSCI's emerging-market benchmark
'Foreign reserves grew to USD 8 billion. FPOs (follow-on public offers) come and go'
CLOSING BELL: Broader markets, however, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices surged up to 0.5 per cent
Stocks to watch today: The Board of Adani Enterprises (AEL) has announced that it will not go-ahead with the fully subscribed Follow-on Public Offer (FPO)
CLOSING BELL: Broader markets were unable to recover from the intra-day lows with BSE Midcap and Smallcap indices dropping up to 1 per cent
CLOSING BELL: Broader markets, too, remained upbeat throughout the day as Nifty MidCap 100 and Nifty SmallCap 100 outperformed benchmark indices to close up to 2 per cent