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The Indian rupee weakened further on Friday to hit a fresh all-time low versus the US dollar as domestic equities fell amid risk aversion in markets ahead of the release of US inflation data, which is seen influencing the pace of future rate hikes by the US Federal Reserve. Furthermore, …
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Shares of Bajaj Auto advanced 2 percent to Rs 3,965 on the BSE in Friday’s trade, in an otherwise weak market, after the company said its board will consider a buyback proposal on June 14, 2022. With this, the stock has rallied 5 percent in two trading days. At 09:18 …
Continue reading “Bajaj Auto gains 2% in a weak market as the board to mull buyback on June 14”
- Best Investment Advisor in India
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Rossari Biotech share price jumped 4.8 per cent to trade at its highest since listing at Rs 857.80 apiece on BSE. The stock made a debut on BSE on July 23, at a listing price of Rs 670 apiece, which was 57 per cent higher from its issue price of …
Supreme Court gives telcos 10 years to pay AGR dues; Bharti Airtel jumps 6%, Vodafone Idea tanks 20%
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Bharti Airtel shares jumped 6% to become the top Sensex gainer on Tuesday, post Supreme Court’s Adjusted Gross Revenue (AGR) dues judgement. On the other hand, Vodafone-Idea, the other major telecom operator that was eagerly awaiting the verdict, entered free fall as the stock tanked 20% to hit the lower …
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It was bloodbath on Dalal Street on Monday as domestic benchmark indices tanked over 2% during the day’s trading session. S&P BSE Sensex ended 839 points or 2.13% lower at 38,628 points, while the 50-stock Nifty gave the 11,400 mark and closed at 11,342. Analysts say that equity markets saw …
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Markets regulator Sebi on Thursday extended the timeline for implementation of procedural guidelines for proxy advisors to January 1. The guidelines issued by the regulator on August 3, were supposed to come into force from September 1. Proxy advisors advise shareholders on corporate governance issues and assist them with voting …
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In an otherwise volatile share market, that is witnessing the benchmark indices dance between gains and losses, it is the auto stocks that are having one of their best trading sessions in recent weeks. Bajaj Auto was one of the top gaining stocks on S&P BSE Sensex, along with Mahindra …
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Nippon Life India Asset Management on Tuesday said it has garnered Rs 720 crore through the new fund offer of its Multi-Asset Fund. The company claimed that this is one of the biggest amounts raised through a new fund offer (NFO) during the pandemic. Over 80,000 investors spread across 370 …
Continue reading “Nippon India Multi-Asset Fund NFO garners Rs 720 crore”
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