The use of alternative investment funds (AIFs) for circuitous routing of funds into stressed entities or to circumvent norms around funding raises questions on whether regulations should be eased, Ananth Narayan, whole time member of Sebi, said on Thursday. Speaking at a conference organised by the Confederation of Indian Industry, he said AIFs are structured […]
Month: October 2023
Eicher Motors: Jefferies sees 22% upside potential; retains Buy with target at Rs 4150Eicher Motors: Jefferies sees 22% upside potential; retains Buy with target at Rs 4150
Jefferies has retained a ‘Buy’ rating for Eicher Motors with a revised price target of Rs 4,150. This revised target sees a 22% upside target. The share price of Eicher Motors soared nearly 4% intra-day following this upside revision. “We believe time is ripe to buy EIM given alleviating competitive concerns, along with tailwinds of […]
States debt cost crosses 7.70pc, spread between G-sec jumps to 2-year high of 53 bpsStates debt cost crosses 7.70pc, spread between G-sec jumps to 2-year high of 53 bps
At the first weekly auction of the last quarter of 2023-24, the states saw their interest burden sharply rising to cross the 7.7 percentage mark on Tuesday, leading to the spread between the cut-off of 10-year state bonds and the G-sec yield crossing the 50 basis points mark for the first time in two years. […]
Stocks To Watch: Ashok Leyland, TCS, Adani Green Energy, Tata Steel, ONGC, Nazara Technologies, VedantaStocks To Watch: Ashok Leyland, TCS, Adani Green Energy, Tata Steel, ONGC, Nazara Technologies, Vedanta
Stocks in focus: GIFT Nifty traded 0.10% up during Friday’s early trading session at19,787.5, indicating a higher opening for domestic indices NSE Nifty 50 and BSE Sensex. Nifty 50 and Sensex closed in the green on Thursday after a volatile session, extending gains for the fifth session. Nifty 50 ended at 19,727, adding 116 points […]
Share Market Highlights: Nifty settles below 19450, Sensex below 65230; Bank Nifty sheds over 430 pointsShare Market Highlights: Nifty settles below 19450, Sensex below 65230; Bank Nifty sheds over 430 points
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark domestic indices ended Wednesday’s trading session in negative territory. The NSE Nifty 50 fell 0.47% to settle at 19,436.10, while the BSE Sensex tumbled 286.06 points to 65,226.04. The border indices settled in red. The Bank Nifty index shed as much as 435 […]
Indian Railways’ Anji Khad and Chenab bridge may get operational by year-end – See PhotosIndian Railways’ Anji Khad and Chenab bridge may get operational by year-end – See Photos
1/10 Anji Khad bridge, the first cable-stayed railway bridge of India is nearing completion and the deck of the bridge is expected to be ready by May, 2023 on the Anji river in Jammu and Kashmir. (PTI photo) 2/10 Anji bridge is an “asymmetrical” bridge erected on a single pylon and it has tunnels on […]
Plaza Wires sees bumper debut on bourses; lists over 55% premium; Should you hold or book profit?Plaza Wires sees bumper debut on bourses; lists over 55% premium; Should you hold or book profit?
Plaza Wires’ shares listed at 55.55% premium over the IPO price on bourses on Thursday. The share debuted at Rs 84 on the BSE, as compared to the issue price of Rs 54. The investors have made a profit of Rs 30 per share as the scrip gave more than 55% returns to investors on […]
PM Modi boards Delhi Metro! Interacts with commuters – See PhotosPM Modi boards Delhi Metro! Interacts with commuters – See Photos
1/7 Prime Minister Narendra Modi on Friday took the metro ride to Delhi University to attend the centenary celebrations. The PM boarded the yellow line metro from the Lok Kalyan Marg metro station. The commuters were seen taken aback in surprise as the PM boarded the metro. 2/7 Prime Minister Narendra Modi arrives to travel […]
Goldman Sachs-backed Samhi Hotels IPO to open on September 14Goldman Sachs-backed Samhi Hotels IPO to open on September 14
The initial share sale of Goldman Sachs-backed Samhi Hotels will open for public subscription on September 14. The three-day initial public offering (IPO) will conclude on September 18 and the bidding for the anchor investors will open on September 13, according to the red herring prospectus (RHP). The price band is yet to be announced […]
MCX crude near its resistance zone; OPEC lifts its crude oil demand forecast for 2023 to 2.4 million bpdMCX crude near its resistance zone; OPEC lifts its crude oil demand forecast for 2023 to 2.4 million bpd
By Bhavik Patel Oil bulls are back with a bang as the market sentiment has shifted to positive note with inflation in the U.S. slowing dramatically and markets tightening on the back of supply disruptions and production cuts. Until now, the market was only looking at the consumption side but now concerns are emerging regarding […]