BSE, NSE to function to open on Saturday,  Monday holiday

BSE, NSE to function to open on Saturday, Monday holiday

Equity and derivatives markets of BSE and the National Stock Exchange will function normal on Saturday i.e. from 9:15 a.m. to 3:30 p.m., without the planned disaster recovery movements. However, the markets will remain shut on Monday, as the Maharashtra Government has declared public holiday under the Negotiable instruments Act. SHARE Copy link Email Facebook […]

Stock to buy today: Century Plyboards (I) (₹800) – BUY

Stock to buy today: Century Plyboards (I) (₹800) – BUY

The short-term outlook is bullish for Century Plyboards (I). The stock has risen 1.7 per cent on Thursday marks the end of the sideways consolidation that was in place since the last week of December. It also indicates that a fresh leg of upmove has begun. The stock has formed a strong base above ₹750. […]

Developers put REITs on hold on uncertain market conditions

Developers put REITs on hold on uncertain market conditions

Several developers with commercial assets in their portfolio, who were planning to float real estate investment trusts and list their units, have put them on hold as they feel that the current market conditions are not conducive for a REIT offering. Bengaluru-based Bagmane Developers was working on filing draft papers for a REIT, but sources […]

Rupee falls 3 paise to 83.15 against US dollar in early trade

Rupee falls 3 paise to 83.15 against US dollar in early trade

The rupee depreciated 3 paise to 83.15 against the US dollar on Wednesday, tracking a strong greenback against major rivals overseas and massive selling in domestic equity markets. However, inflow of foreign funds in domestic equity markets and softening crude oil prices in the international markets resisted a steep fall in the domestic currency, forex […]

India acquires five lithium blocks in Argentina

India acquires five lithium blocks in Argentina

India on Monday announced the acquisition of five lithium blocks in Argentina. The Mines Ministry, through Khanij Bidesh India Limited (KABIL), signed an agreement with Argentina’s State-owned CAMYEN.  CAMYEN, which stands for Catamarca Minera Y Energetica  Sociedad Del Estado, is based out of the Catamarca province in the Latin American nation. Also read: India closing in on […]

Luxembourg, France gain heft among FPIs investing into India 

Luxembourg, France gain heft among FPIs investing into India 

There has been a change in the pecking order among regions that foreign portfolio investors (FPIs) invest from into India. Luxembourg has dislodged Mauritius to become the region with the third-largest assets under custody. Its AUC grew 30 per cent last year to ₹4.85 lakh crore, with its equity assets now second only to the […]