Despite rate hikes and inflation fears, AIF funding stays strong

Despite rate hikes and inflation fears, AIF funding stays strong

MUMBAI : Indian alternative investment funds (AIF) have continued their fundraising spree in the current fiscal after a record previous year, as investors bet that high interest rates and accelerating inflation won’t dim the country’s growth prospects. In the quarter ended 30 June, AIFs raised commitments worth ₹53,162 crore, higher than commitments worth ₹35,967 crore […]

Multibagger penny stock announces record date for rights issue

Multibagger penny stock announces record date for rights issue

Saboo Sodium Chloro Ltd is a small cap company having a market cap of ₹70.06 Crore operating in the Fast Moving Consumer Goods (FMCG) sector. The first and largest salt refinery in North India is Saboo Sodium Chloro Ltd. Surya Salt, Saboo Salt, and Tota Salt are three of the company’s premium table salt brands. […]

Dish TV India Ltd spurts 3.21%, rises for fifth straight session

India’s forex reserves come down by $90 billion in the last one year

The reserves are still significantly stronger than they were during the preceding time period, which included part of the Eurozone crisis and the Federal Reserve’s taper tantrum, thanks to a sustained accumulation through to their high last year. During the last crisis, the rupee saw one of the worst performances among emerging-market currencies, falling […]

Stock Market LIVE: Caution to prevail on Monday; SGX Nifty flat

Stock Market LIVE: Caution to prevail on Monday; SGX Nifty flat

The week is littered with 13 central bank meetings that are certain to see borrowing costs rise across the globe. Wall Street closed lower on Friday and Asian markets remained cautious on Monday morning 19 Sep 2022, 08:59:41 AM IST Ashika Stock Broking view on market: Avoid trading aggressively amid global nervousness. Tirthankar Das, technical […]

FPIs invest over  ₹12k cr in equity market so far in Sept

FPIs invest over ₹12k cr in equity market so far in Sept

Foreign portfolio investors (FPIs) continue to be net buyers overall in the current month, however, in the last few days, money has been pulled out from equities. Market sentiment turned volatile due to fears of a global economic slowdown currently. Both Sensex and Nifty 50 tumbled more than 2% in the trading week from September […]