DBS Bank India has committed $250 million (approximately ₹2,000 crore) to lend to new-age startups. This decision comes as operating metrics have enhanced, and a keener focus on profitability has improved the confidence in the sector after facing a prolonged funding slowdown. The Managing Director and Head of Institutional Banking at DBS Bank India, Rajat …
French automaker Citroen informed that the company has plans to scale up the sales network in India to more than 200 outlets by the end of 2024, which is a three-fold jump from its current touchpoints. Citroen India released a statement that adding new dealerships across urban, rural and semi-urban markets will immensely improve the …
On March 12, 2024, Nifty 50 rose 0.01% to 22,335, while Sensex grew 0.22% to 73,667. Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) bought securities worth about ₹73 crore and ₹2,358 crore, respectively. Nifty 50 witnessed a technical bounce back, and resistance was observed at 22,450 Top Gainers and Losers Nifty IT, Nifty …
On February 29, 2024, the Nifty 50 increased by 0.14% to 22,982, and the Sensex rose by 0.27% to 72,500. The market was mostly stable but surged in the last trading hours. Foreign Institutional Investors bought shares worth ₹3,568 crores, while Domestic Institutional Investors sold shares worth ₹230 crores. Top Gainers and Losers Nifty PSU …
On February 27, 2024, the Nifty 50 index experienced an increase of 0.34%, closing at 22,198, while the Sensex saw a rise of 0.42%, ending the day at 73,095. The market displayed volatility throughout the trading session, ultimately settling at the 22,198 level. Regarding investment flows, FII were seen offloading their holdings, with a sell-off …
On February 26, 2024, the Nifty 50 fell by 0.41% to 22,122, and the Sensex decreased by 0.48% to 72,790. The market has been consolidating for four sessions, with trades between 21,800 and 22,300. Foreign Institutional Investors (FII) sold off around ₹285 crores, while Domestic Institutional Investors (DII) sold off about ₹5 crores. Top Gainers …
On February 22, 2024, the benchmark index, Nifty 50, closed higher at 22,217 with a gain of 0.74%. Sensex also gained 0.74% to 73,158. Foreign Institutional Investors (FII) sold securities worth ₹1,410 crore, and Domestic Institutional Investors (DII) bought securities worth ₹1,823 crore. Top Gainers and Losers Nifty IT, Nifty Auto, Nifty Metal and Nifty …
Angel One welcomed Meenal Maheshwari Shah as the Group General Counsel. Having a remarkable career of over 14 years, Meenal brings a wealth of experience in handling diverse legal transactions, navigating intricate legal environments and providing insightful counsel on legal, policy and regulatory matters. Her background includes notable leadership roles where she has excelled as …
Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the green. The Nifty50 closed at 22,097, marking an increase of 202.90 points or 0.93% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 73,328, reflecting an increase of 760 points. Among all the stocks listed on the …
Dhanlaxmi Bank Ltd is an Indian banking institution that offers an extensive array of financial services. These services encompass retail banking, corporate banking, and treasury operations, with a primary focus on the Southern states of India. The bank was incorporated in 1927 in Thrissur, Kerala. There was significant strength in the bank’s stock today. During …
