Category: Uncategorized

Four of the top-10 most valued firms together added ₹2.18 lakh crore in market valuation last week, with Life Insurance Corporation and State Bank of India emerging as the biggest gainers. Also read: Inflation, industrial production data, global trends to drive market trends this week: Analysts From the top-10 pack, Reliance Industries, Tata Consultancy Services […]

Foreign Portfolio Investors (FPI) continued to be net sellers in equities in February so far even while doubling down on Indian debt markets, pumping as much as ₹15,093 crore in first nine days of this month, data with depositories showed. Also read: FPIs dump $1.5 billion in 3 sessions after rise in US bond yields, […]

Prem Watsa-backed Fairfax is under rough weather after short-seller hedge fund Muddy Waters Research alleged consistent manipulation of asset values and income by engaging in often value destructive transactions to produce accounting gains. Fairfax, which has invested heavily into India and is one of the contenders for buying a government stake in IDBI Bank, has […]

Crude oil futures traded marginally lower on Friday morning, as Israel attacked the southern city of Rafah, on Thursday, after rejecting the ceasefire offer by Hamas. At 9.52 am on Friday, April Brent oil futures were at $81.59, down by 0.05 per cent and March crude oil futures on WTI (West Texas Intermediate) were at […]

The Securities and Exchange Board of India (SEBI) on Thursday asked 15 guest experts including Nirmal Kumar Soni, Partha Sarathi Dhar, Simi Bhaumik, Mudit Goyal, Himanshu Gupta, Ashish Kelkar and Kiran Jadhav, appearing on the Zee Business news channel to pay ₹7.41 crore for the “unlawful gains” that they made by taking opposite positions in […]

After having gained about 80 per cent year-on-year, turmeric prices will likely rise further on lower production as a result of the sowing of the crop dropping by at least 20 per cent this year, say traders and analysts. “Overall, prices are higher compared with the same period last year due to lower acreage. Prices […]

The Securities and Exchange Board of India (SEBI) has tightened its scrutiny on the objectives for raising fresh capital through initial public offerings (IPOs), said two people in the know. The regulator has expressed its displeasure over companies opting to raise money largely for debt repayment and is asking for more disclosures. ‘Need clarification’ “SEBI […]

Benchmarks BSE Sensex and NSE Nifty advanced on buying in IT stocks and expectations of a status-quo in the policy rates of the Reserve Bank of India (RBI) which is set to announce its revised monetary policy on Thursday. Besides positive global cues, investors’ interest in oil as gas stocks helped the indices. Also read:Broker’s […]

The NSE Nifty was up by 0.39 per cent or 85.80 points to 21,860.65 points, while the BSE Sensex was at 72,000.09, up by 0.37 per cent or 268.67 points. A total of 3,193 stocks were actively traded, with 2,144 advancing, while 951 declined and 98 stocks remained unchanged, with 242 stocks hitting a 52-week […]

Capital market regulator SEBI will soon widen the ambit of large, mid and small cap stocks based on their market capitalistion after the dizzying rally in equity markets last year. Mutual funds have moved SEBI to enhance the large-cap classification from top-100 companies in terms of market capitalisation to 125. Subsequently, mid-cap will now be […]