Mumbai: Retail investors stand to lose out by not participating in rights issues of good companies that offer stock to existing shareholders at deep discounts to current market prices. Some companies, such as , , , Choice International, and , have recently offered rights issues at 40-95% discounts to the prevailing market prices. In some … Read more
Benchmark indices rallied for the second day in a row led by gains in the PSU bank stocks. Nifty ended higher at 17,480 points. SBI, Adani Ports, , Nestle and SBI Life led the Nifty gainers’ pack while the laggards were NTPC, HDFC, , and . Here’s how analysts read the market pulse: Nagaraj Shetti, … Read more
Nifty futures on the Singapore Exchange traded 278 points, or 1.61 per cent lower at 17,036, signaling that Dalal Street was headed for a negative start on Monday. Here are a dozen stocks which may buzz the most in today’s trade: : The Tata Group’s IT major will officially kick-off earning season of India Inc. … Read more
NEW DELHI: Key benchmark indices Sensex and Nifty50 rallied in four of five sessions last week, producing a solid 1.4 per cent return each. At least 35 stocks from the broader BSE500 index, which is up for the last seven sessions, delivered double digit returns for the week, with every one of five index constituents … Read more
The bulls made a strong comeback this past week, with the benchmark indices recouping all the losses it made in the first three sessions to end the week on a strong note, thanks to an improvement in global sentiment and F&O related activity. Banking and auto stocks gained while metals and oil & gas stocks … Read more
New Delhi: Domestic equity markets ended the week with mild gains, thanks to a strong pull back on Friday. The merger of HDFC twins boosted the morale on Monday, but markets remained volatile mid week. The hawkish commentary from the Fed, rising inflation, spike in bond yields and tension between Russia and Ukraine kept the … Read more
NEW DELHI: India Inc‘s foreign borrowings fell by over 47 per cent in August this year to USD 1.75 billion, data from the Reserve Bank showed on Monday. The domestic companies had borrowed a total of USD 3.32 billion from overseas markets in August 2019, by way of external commercial borrowings (ECBs). Of the total … Read more