The government bond yields are expected to rise sharply in the early session on Thursday, tracking the U.S. peers, while local inflation jumped the most in 15 months. The benchmark 7.26% 2033 bond yield is likely to be in the 7.23-7.27% range after ending the previous session at 7.2034%, a trader with a primary dealership […]
Month: November 2022
Stock market today: Top global cues to watch out forStock market today: Top global cues to watch out for
Mixed global cues are coming in for the Indian markets. Asian markets have been trading broadly negative during the early trade on Monday. The GIFT Nifty indicated that the markets may witness a flat opening. The GIFT Nifty futures stood at 19,222 points. A Reuters report suggests that investors are seeking signals about the Federal […]
Quarterly earnings, macroeconomic data, global trends to drive markets this week: AnalystsQuarterly earnings, macroeconomic data, global trends to drive markets this week: Analysts
Quarterly earnings from IT majors Tata Consultancy Services (TCS), Infosys, macroeconomic data announcements, global trends and trading activity of foreign investors would guide the movement in the equity market this week, analysts said. Movement of global oil benchmark Brent crude and the rupee will also influence trading in the markets. “All eyes will be on […]
TATA Technologies files addendum to DRHPTATA Technologies files addendum to DRHP
Tata Technologies, a leading global engineering services company offering product development and digital solutions, including turnkey solutions, to global original equipment manufacturers, has filed an addendum to its Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI). JM Financial, Citigroup Global Markets India Private, and BofA Securities India are […]
LSE listing for Indian firms soonLSE listing for Indian firms soon
The government will explore direct overseas listing of Indian firms on the London Stock Exchange (LSE) only after a plan for overseas listing of domestic firms in the GIFT International Financial Services Centre (IFSC) in Gujarat is implemented, finance minister Nirmala Sitharaman said on Monday. The minister’s comments came during the meet with the UK […]
FPIs sell-off continues; take out Rs 8,000 crore from equities in OctoberFPIs sell-off continues; take out Rs 8,000 crore from equities in October
Foreign Portfolio investors (FPIs) have dumped Indian equities worth Rs 8,000 crore in the first week of October on the back of dollar appreciation and the steady rise in the US bond yields. This came after FPIs turned net sellers in September and pulled out Rs 14,767 crore. Before the outflow, FPIs were incessantly buying […]
Sebi submits report to Supreme Court, says probe doneSebi submits report to Supreme Court, says probe done
The Securities and Exchange Board of India (Sebi) in a fresh affidavit to the Supreme Court (SC) on Friday said that it has completed its investigation into the Adani Group. Sebi “shall take appropriate action based on outcome of the investigations,” it added. The market regulator said that it has investigated 24 transactions involving the […]
India’s December manufacturing PMI at 18-month low of 54.9 vs 56.0 in NovemberIndia’s December manufacturing PMI at 18-month low of 54.9 vs 56.0 in November
India’s manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, was recorded at an 18-month low of 54.9 in December as against 56.0 in November. Despite the fall, the HSBC India Manufacturing PMI was indicative of a marked improvement in the health of the sector. “The HSBC India Manufacturing PMI survey, conducted by S&P Global, […]
Gautam Adani hikes stake in Adani Enterprises; total promoter shareholding at 69.87%Gautam Adani hikes stake in Adani Enterprises; total promoter shareholding at 69.87%
Billionaire Gautam Adani-led promoter group has increased its stake in the group’s flagship firm as the ports-to-energy conglomerate continues to recover from the effects of a report by US short-seller Hindenburg Research. Promoter group has increased stake in Adani Enterprises Ltd from 67.65 per cent to 69.87 per cent, according to a stock exchange filing. […]
Cyclone Biparjoy leaves trail of devastation in Gujarat – SEE PICSCyclone Biparjoy leaves trail of devastation in Gujarat – SEE PICS
1/10 A couple rides a scooter amid dust due to strong wind, before the arrival of cyclonic storm Biparjoy, in Ahmedabad, India, June 15, 2023. (Reuters Photo) 2/10 This Thursday, June 15, 2023, satellite image released by NASA shows Cyclone Biparjoy approaching southern Pakistan. Biparjoy made landfall on Thursday evening as a vast swath of […]