An Overview So far in September, foreign portfolio investors (FPIs) have been net purchasers in Indian markets, investing a total of Rs 16,305 crore. On a net basis, foreign investors invested Rs 11,287 crore in shares and Rs 5,018 crore in debt between September 1 and 17, according to depositories data. The entire net investment …
India’s information and technology giant, Tata Consultancy Services, has finally entered the promised land of Rs. 200 billion market capitalisation. It is primarily due to this fact that its stock reached an all-time high in intraday trading on Wednesday, 15 September 2021. TCS’ stock price reached its lifetime high of Rs. 3,980, and it ended …
Economic recovery The global economic recovery is strengthening, and now is the right time for a shift in the global order, according to Kumar. He emphasised that if the global economy continues to open, a new world order will emerge. Kumar went on to say that alliances of like-minded countries are urgently needed, as well …
An Overview The Union Cabinet agreed to a rescue package for the telecom sector on Wednesday, which includes a four-year moratorium on telecom companies paying statutory dues and permitting 100 percent foreign investment through the automatic route. Telecom Minister Ashwini Vaishnaw briefed on the Cabinet’s decisions, saying that nine structural reforms for the telecom sector …
Ami Organics made an impressive stock debut as its shares got listed on the bourses at a 49% premium. Since listing, the share price of this Surat-based specialty chemical manufacturer has surged 84% from its IPO issue price of Rs. 610 per unit. Moreover, on 15 September 2021, Thursday, Ami Organics share price surged 20% to …
Global investment fund, The Blackstone Group, reduced its stake in Embassy Office Parks REIT by 6%. Earlier, Blackstone had a stake of 38%. Presently that has reduced to 32%. Blackstone took this step to monetise some of its investments. The sale of these units was made in the open market via block deals. Check out …
On 5 September 2021, Telecom stocks jumped prior to the Cabinet meeting scheduled for later that day to consider monetary relief to embattled enterprises. On the other hand, Vodafone Idea stock went up by 0.58% and reached Rs. 8.74 apiece. Reliance Communications gained 1.6%, while MTNL climbed by about 2%. Moreover, Bharti Airtel share price …
The National Stock Exchange (NSE) has reportedly begun to look into freak trades that have occurred in the futures and options segment (F&O) in contracts on some of the most traded stocks. According to reports, the prices of these trades were higher than the current market price by ten per cent. News reports suggest that …
An Overview In order to make the mechanism more effective, the Securities and Exchange Board of India (SEBI) has urged revising the settlement regulations to parallel them with the specified methods of violations committed by firms. SEBI has recommended revising the timetables and rationalising the cost structure for settlements, which is an application that involves …
Surge in exports Merchandise exports increased 45.8 percent year on year to $33.3 billion in August, owing to a favourable base, greater order flow from western markets, and higher global commodity prices. Exports also increased by 28 percent over the pre-pandemic (similar month in 2020) level, as advanced countries’ rebound boosted demand for goods. According …
