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
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. […]
Ajmera Realty & Infra, Keystone Realtors joint venture signs redevelopment project in Bandra West
Ajmera Luxe Realty Private Limited (ALRPL), a joint venture between Ajmera Realty & Infra India Limited and Keystone Realtors Limited (Rustomjee), has embarked on a redevelopment project in Bandra West. As per regulatory filing, the companies will hold a 50 per cent stake in the project, which is expected to generate a gross development value […]
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
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 […]
Stock markets end 5-day winning run on profit-taking in IT stocks, weak global cues
Stock markets snapped their five-day winning run on Tuesday with the benchmark Sensex declining by 199 points due to profit-taking in IT and oil shares and weak global trends. The BSE Sensex dropped by 199.17 points or 0.27 per cent to settle at 73,128.77. The index opened lower but staged a recovery in late-morning deals […]
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 […]
HCL Tech shares jump over 5 pc; hit 52-week high after Q3 earnings
Shares of HCL Technologies climbed over five per cent in the morning trade on Monday after the company reported a 6.2 per cent increase in consolidated net profit to ₹4,350 crore in the December quarter. Also read: Markets hit record peaks: Sensex breaches 73,000 level for first time; Nifty goes past 22k mark The net […]
Indian debt market ignites as FPIs Inject $1 billion in just 12 days
Foreign portfolio investors (FPIs), recognising the advantage of early investments, are clearly doubling down on Indian debt market , pouring ₹7,912 crore (nearly $1 billion) in government securities in the first 12 days of this month. This comes on top of the turnaround seen in 2023, when the total debt inflows by FPIs hit a […]
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 […]
