Stocks in focus: GIFT Nifty traded 0.01% higher during Thursday’s early trading session at 19,626, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. Indian equity indices NSE Nifty 50 and BSE Sensex closed in the green on Wednesday after trading in the red, extending gains for the fourth session. Nifty 50 […]
Month: August 2023
Rupee rises marginally to 82.62 against US dollar in early tradeRupee rises marginally to 82.62 against US dollar in early trade
The rupee traded in a narrow range and appreciated by 1 paise to 82.62 against the US dollar in early trade on Thursday amid a positive trend in the domestic equity market. Outflow of foreign funds and relatively higher crude prices weighed on the domestic unit, according to forex traders. Investors are also awaiting the […]
India bond yields seen steady, Aug CPI data eyedIndia bond yields seen steady, Aug CPI data eyed
Indian government bond yields are likely to trade largely unchanged in early session on Tuesday before an auction of state debt and release of retail inflation data later in the day. The new 10-year benchmark 7.18% 2033 bond yield is likely to be in a 7.20%-7.22% range on Tuesday after ending the previous session at […]
Rupa and Company Case: Sebi penalises two entities for violating insider trading normsRupa and Company Case: Sebi penalises two entities for violating insider trading norms
Capital markets regulator Sebi has levied penalties totalling Rs 20 lakh on two entities for flouting insider trading norms in the shares of Rupa and Company Ltd (RCL). The regulator imposed a fine of Rs 10 lakh each on Sushil Patwari (Independent Director of RCL) and Nagreeka Capital and Infrastructure Ltd (NCIL). The order came […]
India misses out on FTSE Russell government bond index inclusionIndia misses out on FTSE Russell government bond index inclusion
Global index provider FTSE Russell said on Friday it would not yet include India in an government bond index, a week after JPMorgan said India would be part of its influential GBI-EM index suite starting next year. “Areas for improvement in the Indian government bond market structure highlighted by international investors remain largely unchanged from […]
Sebi issues template for info sharing by credit rating agencies to debenture trusteesSebi issues template for info sharing by credit rating agencies to debenture trustees
Credit rating agencies will have to submit their disclosures to the debenture trustees in a specified format for easier accessibility and analysis of the data submitted by them, according to Sebi. Under Sebi norms, credit rating agencies (CRAs) have to share certain information with Debenture Trustees (Dts). In this regard, the Securities and Exchange Board […]
Alembic Pharmaceuticals gets 8 USFDA approvals in Q3FY24Alembic Pharmaceuticals gets 8 USFDA approvals in Q3FY24
Alembic Pharmaceuticals Limited on Tuesday announced that it has received US Food & Drug Administration (USFDA) approvals on eight of its Abbreviated New Drug Application (ANDA) in Q3FY24. The Company has received five final approvals that includes Selexipag Tablets, 200 mcg, 400 mcg, 600 mcg, 800 mcg, 1,400 mcg and 1,600 mcg, Dapsone gel, 7.5%, […]
Nifty continues record-setting spree, targets 19,700; Bank Nifty undergoes profit-booking, buy on dipsNifty continues record-setting spree, targets 19,700; Bank Nifty undergoes profit-booking, buy on dips
By Dharmesh Shah Nifty 50 endured its record setting spree over third consecutive week buoyed by firm global cues. As a result, Nifty settled last week at 19,565, up 1.2%. The broader market performed in tandem with the benchmark as Nifty Midcap, Smallcap gained 1.3% and 1.9%, respectively. Sectorally, IT, metal, realty while financials took […]
Mandi prices of onion up 15% in Lasalgaon, Nasik in a week as govt agencies step up purchasesMandi prices of onion up 15% in Lasalgaon, Nasik in a week as govt agencies step up purchases
Within a week, the mandi prices of onion at Lasalgaon, Nasik district of Maharashtra, the hub of the trade, has increased by 15% to Rs 2351/quintal on Friday on account of purchase by agencies like Nafed and National Cooperative Consumers’ Federation of India (NCCF) to boost buffer stock. Average mandi prices were Rs 1700/quintal a […]
Rupee rises 9 paise to 83.10 against US dollar in early tradeRupee rises 9 paise to 83.10 against US dollar in early trade
The rupee rose 9 paise to 83.10 against the US dollar in early trade on Friday amid a retreating dollar versus major rivals and positive cues from equity markets. Massive selling of equities by foreign investors and an upward trend in crude oil prices, however, capped the rise of domestic currency, forex dealers said. The […]