Indian stock market: The domestic equity market is expected to open flat Thursday tracking mixed cues from Asian peers. Asian markets traded mixed while the US stock market was closed for the Juneteenth holiday. Market participants watch out for China’s one- and five-year loan prime rate fixing today. It is […]
RBI
Mumbai: The Reserve Bank of India and the markets regulator are monitoring the high volume of trading in the futures and options segment, RBI governor Shaktikanta Das said, but ruled out any signs of overheating in the financial market. The Securities and Exchange Board of India is is fully seized […]
One97 Communications share price, which is the parent company of fintech platform Paytm, witnessed a 3 per cent downfall during Tuesday’s trading session. This decline occurred amid ongoing discussions with food delivery giant Zomato regarding the potential sale of its movie ticketing business. During intraday trading on the NSE, Paytm […]
Domestic Infrastructure and Capital Goods stocks are on a sturdy path. Over the past 3 years, capital goods stocks have, on average, tripled in value, while infra stocks have doubled. There were concerns about whether this trend would persist during the recent national election period due to high prices and […]
What are your expectations from the new government? Do you expect any major shift on the policy front? The focus should remain towards investment-led growth. We continue to remain bullish on the same themes. While I don’t foresee any significant policy changes, I think it’s wise to pay attention to […]
In day trading, the 30-share BSE Sensex rose 1,720.8 points, or 2.29%, to a new record high of 76,795.31. The benchmark closed at a record high of 76,693.36, up 1,618.85 points, or 2.16%. The NSE Nifty rose 498.8 points, or 2.18%, to 23,320.20 throughout the day, trailing just the record […]
Bajaj Housing Finance IPO: Bajaj Finance, a non-banking finance company (NBFC), will offload shares of its housing finance arm, Bajaj Housing Finance, for ₹3,000 crore in its forthcoming initial public offering (IPO). “This is subject to market conditions, receipt of applicable approvals, including those from the Securities and Exchange Board of India (SEBI), […]
Bajaj Housing Finance on Thursday, June 6, said its board approved an initial public offering (IPO) with a fresh issue of shares worth ₹4,000 crore. The IPO would include a sale of shares by existing shareholders, the Bajaj Finance subsidiary said in a statement. The IPO would be subject to […]
The majority of polls estimate the Bharatiya Janata Party (BJP)-led alliance will win between 350 and 400 seats overall, which is far more than the 272 seats needed for a majority in the 543-seat lower house of parliament. The alliance took home 352 in 2019. On Tuesday, the votes will […]
The foreign exchange reserves, or forex reserves, of India dropped more than USD 2 billion to USD 646.673 billion in the week ended on May 24, according to data released by the Reserve Bank of India (RBI) on Friday. In the prior week, the forex reserves had increased by USD […]