Day: May 12, 2023

Adani group shares tank over 4% as OCCRP report alleges family bought shares via opaque Mauritius fundsAdani group shares tank over 4% as OCCRP report alleges family bought shares via opaque Mauritius funds

Shares of Adani group companies tanked up to 4% in trade on reports form OCCRP, an investigative reporting platform that suggested hundreds of millions of dollars were invested in publicly traded group stocks through Mauritius-based ‘opaque’ investment funds managed by partners of promoter family of billionaire Gautam Adani. However, the already embattled Adani group denied […]

JPMorgan sees India share sale boom reaching $30 billion in 2024JPMorgan sees India share sale boom reaching $30 billion in 2024

India will see at least $30 billion raised annually through primary and secondary share sales in 2024 and in the years to come, as companies and their shareholders are more willing to tap the market for funding, according to JPMorgan Chase & Co. Sales of additional shares in listed companies in the country have surpassed […]

Share Market Highlights: Nifty closes over 19340, Sensex above 65k; JFS, Tata Steel among the top gainersShare Market Highlights: Nifty closes over 19340, Sensex above 65k; JFS, Tata Steel among the top gainers

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic equity indices NSE Nifty 50 and BSE Sensex closed in the green on Wednesday. Nifty 50 closed at 19,347.45, while Sensex closed the trading session at 65,087.25. The broader markets settled largely in the green, with Nifty Smallcap 50 and Nifty Midcap 50 adding […]

Markets to focus on macroeco data, global trends, trading activity of foreign investors: AnalystsMarkets to focus on macroeco data, global trends, trading activity of foreign investors: Analysts

Macroeconomic data announcements, global factors and trading activity of foreign investors would be the key triggers for the domestic stock markets this week, analysts said. Last week, the benchmark indices joined the broader market’s party despite a host of negative global cues. In the broader market, the BSE midcap and smallcap gauges hit their all-time […]