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 …
On 14 September 2021, Tuesday, shares of Ami Organics and Vijaya Diagnostic made strong debuts on D-Street after a number of tepid listings. Here, we’ll be looking into how the listing day of these two stocks turned out. Ami Organics Makes a Firm Debut Ami Organics shares got listed on the BSE at Rs. …
Rapid recovery “The pandemic impacted the country, but the recovery has been faster than the damage.” Prime Minister Narendra Modi said on Saturday. “Covid-19 had an impact on economies all across the world, including India’s. But our economy has made a strong comeback,” Modi remarked at the Sardardham Bhavan’s opening in Ahmedabad. The Prime Minister …
An Overview Last week, five of the ten most valuable companies increased their overall market value by Rs. 62,508.32 crore, with RIL emerging as the highest gainer. Other gainers included HUL and SBI, while losers included TCS, Infosys and ICICI Bank.. RIL’ market capitalization increased by Rs. 23,582.73 crore to Rs. 15,37,600.23 crore at the …
An Overview According to the FICCI Manufacturing Survey for July-September, the outlook appears to have improved markedly in Q2 after a weak Q1. The percentage of responders reporting increased output in the second quarter of 2021-22 was much above 50%, at roughly 61%. This was much higher than the same percentage in the second quarter …
Cryptocurrency prices dropped steeply on September 8, on the back of a heightened volatility and a huge sell-off. While Bitcoin fell to $45,000 levels, Ethereum traded at $3,300 levels, both dropping 13.48 and 14.45 per cent, respectively. The cryptocurrency prices, including those of Bitcoin, Dogecoin and Ethereum, have been experiencing a lot of volatility over the …
