Day: April 5, 2023

FII blues make markets see red; Rs 5.5 trillion loss in investor wealth in 3 daysFII blues make markets see red; Rs 5.5 trillion loss in investor wealth in 3 days

The Indian markets continued to fall for the third consecutive trading session on the back of consistent selling by foreign institutional investors (FIIs). On Thursday, the Sensex closed at 66,230.24 points, down by 570 points or 0.85%. The Nifty closed at 19,742 points, down 159 points or 0.80%. Over a three-day period, the Sensex has […]

India to continue giving more under FTAs than it musters: StudyIndia to continue giving more under FTAs than it musters: Study

In the free-trade negotiations that India is involved in, it may end up giving up more than what it can gain, trade policy think tank said on Tuesday citing a recent study. Even in labour-intensive sectors where New Delhi is seeking parity with competitors from the developing world, it may face disappointments, the Global Trade […]

Canada wildfires unleash Nature’s fury | IN PICSCanada wildfires unleash Nature’s fury | IN PICS

1/6 Smoke rises from areas on the southeast side of wildfire EWF-035, part of the Deep Creek Wildfire Complex which is being tackled by helicopters near Shining Bank, Alberta, Canada (Reuters) 2/6 2,000 hectares planned ignition is successfully completed on the Stoddart Creek wildfire, on Saturday in Stoddart Creek, British Columbia. The operation achieved its […]

Sewerage infra player EMS plans to float IPO in Sep to raise up to Rs 320 crSewerage infra player EMS plans to float IPO in Sep to raise up to Rs 320 cr

Water and sewerage infra player EMS Ltd on Thursday said it is planning to launch an initial public offering (IPO) in the next month to raise Rs 300-320 crore. Also, the company said it has completed the pre-IPO placement round and raised Rs 33.76 crore through it, leading to a reduction in fresh issue size […]

Nifty to defend 20100 or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opensNifty to defend 20100 or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opens

GIFT Nifty traded flat at 20,229, up by merely 11.5 points or 0.06% during Friday’s early trading session, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. The Nifty and the Sensex hit fresh all-time highs in early trade and then traded relatively choppy for the rest of the session. The […]

Mcap of BSE-listed firms hits fresh peak of Rs 320.94 lakh cr as markets extend rally to 6th dayMcap of BSE-listed firms hits fresh peak of Rs 320.94 lakh cr as markets extend rally to 6th day

Buoyed by the ongoing rally in domestic equities, the market capitalisation (mcap) of BSE-listed firms surged to a fresh record of Rs 320.94 lakh crore on Friday. The BSE Sensex jumped 333.35 points or 0.50 per cent to settle at 66,598.91. Helped by the encouraging trend in domestic equities, the market capitalisation of BSE-listed companies […]