Adani Enterprises gains most from block deals this week. Know how ITC, Airtel, HDFC, others performed?

Adani Enterprises gains most from block deals this week. Know how ITC, Airtel, HDFC, others performed?

Adani Enterprises was the best performer on the Nifty50 in the week ended Friday, May 26 gaining over 30% during the five trading sessions. It was on the back of 61 block deals which fetched Rs 1,021 crore for the Ahmedabad-based company which has business interests in mining, solar manufacturing and water management among others. … Read more

How roller coaster ride in global yields is leading to carnage in stocks

How roller coaster ride in global yields is leading to carnage in stocks

Last month has seen a carnage in the bourses globally, with the World MSCI Index falling 6%, MSCI China 8%, and MSCI Emerging market and India too relatively outperforming but in absolute terms down ~5%. The last month itself had two swings in the Global Debt Market – firstly the Fed suggesting possibility of even … Read more