Latest posts
-
Foreign investors continue buying spree; pour Rs 12,921 cr in first week of Aug
In early August, Foreign Portfolio Investors poured Rs 12,921 crore into Indian equities, building on their notable investments from July. This surge indicates improved investor sentiment and favorable macroeconomic conditions. Furthermore, foreign investors have displayed interest in India’s debt market, resulting in additional inflows. However, it’s worth noting that despite these recent inflows, they have…
-
DB Realty, Unitech stocks rose
The stocks of DB Realty and Unitech rose after top executives of these companies were granted bail in the 2G scam case.
-
Alfa raises delisting price to Rs 2,850 a share
Alfa Laval (India) today said its parent firm has raised the delisting offer price to Rs 2,850 a share.
-
Fitch withdraws Reliance Capital ratings
Fitch on Friday said it has withdrawn the ratings on Reliance Capital as the company has decided to stop participating.
-
‘Discoms’ poor fin health poses risks for traders’
The poor financial health of state electricity boards could pose significant business risks for power traders in the country, says Fitch.
-
Lovable Lingerie’s dream run on as traders lap it up
Lovable Lingerie is 3rd-best performing stock among companies listed this year, with it doubling in value, as traders bet it could repeat performance of Page Indus.
-
Cigarette cos shares outperform benchmark Sensex
Shares of cigarette companies have rallied over the past one month, with ITC, Godfrey Philips and VST Industries hitting record highs.
-
NSE becomes world’s sixth largest bourse with $47 billion m-cap
The National Stock Exchange of India has recently reached an impressive market capitalisation nearing $47 billion. Shares began trading at ₹1,800, slightly above the issue price of ₹1,785. With a price-to-earnings ratio of 43 times, it outperforms many global exchanges. Experts predict a strong growth in India’s capital markets, estimating an annual cash market turnover…
-
Reliance to raise Rs 10,000 crore next week as companies rush to tap surplus bank liquidity
Reliance Industries Limited is planning to raise ₹10,000 crore next week through a ten-year maturity bond. Other firms, including Adani Airport Holdings, will raise significant funds as well this Friday. The increasing number of companies tapping debt indicates the surplus liquidity in the banking system. This trend is occurring ahead of the Reserve Bank of…
-
Lower commissions could push Policybazaar into insurance manufacturing: Yashish Dahiya
PB Fintech is evaluating the possibility of entering insurance manufacturing as distribution commissions may decrease significantly. The proposed commission caps by the Insurance Regulatory Authority of India could impact the economic viability of their current distribution model. While these changes might make manufacturing more attractive, the company emphasizes the need for regulatory clarity. Additionally, PB…