Edelweiss Financial Services’ Rs 200 cr NCD issue opens, to have 9-10.5% annual yields

Edelweiss Financial Services’ Rs 200 cr NCD issue opens, to have 9-10.5% annual yields

Edelweiss Financial Services said its Rs 200 crore public issue of debentures opened on Monday. The non-convertible debentures (NCDs) will have an effective annual yield of 9 per cent to 10.46 per cent. The issue will close on April 23. The NCDs carry fixed coupons and have a tenure of 24 months, 36 months, 60 … Read more

Ahead of Market: 10 things that will decide stock action on Wednesday

Ahead of Market: 10 things that will decide stock action on Wednesday

With Nifty scaling past the key hurdle at 17,500 on Monday, bulls are now looking much stronger on Dalal Street. The positive momentum is expected to continue with Nifty eyeing 17,700 – 17,800 zones. Here’s how analysts read the market pulse: Ajit Mishra, VP – Research, Religare Broking, said Nifty has decisively surpassed the hurdle … Read more