The Board of Adani Enterprises (AEL) on Friday approved the raising of Rs 20,000 crore in the country’s largest follow-on public offering (FPO) of new shares, beating Yes Bank’s Rs 15,000-crore issue in 2020. The proposed fund raise comes as the group led by Gautam Adani aggressively expands into sectors…
By Devarsh Vakil Last year before Diwali, India was grappling with the aftermath of the first Covid-19 infections wave and there were considerable uncertainties on how the pandemic will impact India and globe. Stock markets had recovered from a steep Covid-19 induced fall and benchmark nifty was pushing near pre-Covid…
Eight of the top-10 most valued firms together added Rs 1,15,837 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer. From the top-10 pack, HDFC twins were the only laggards. The market valuation of Reliance Industries jumped Rs 71,462.28 crore to Rs 18,41,994.48 crore. Also…
Skse Securities Ltd bought 12,50,016 shares of Ajooni Biotech Limited (AJOONI) at Rs 7.44 per share.Tango Commosales LLP sold 90,288 shares of Akash Infra-Projects Ltd (AKASH) at Rs 34.23 per share.Ilaben Dineshbhai Paghdar sold 1,68,786 shares of Akshar Spintex Limited (AKSHAR) at Rs 68.58 per share.Vinod Somani HUF bought 1,77,000…
Nearly 28 lakh shares were tendered by shareholders of NDTV under the Adani group’s open offer at the end of the third day on Thursday.Adani group’s open offer to acquire an additional 26 per cent stake in the media firm New Delhi Television (NDTV) started on Tuesday. According to the…
Foreign institutional inventors (FII) sold shares worth a net Rs 1,131.67 crore while domestic institutional investors (DII) bought shares worth Rs 772.29 crore on Thursday, December 8, 2022, according to the data available on NSE. For the month till December 8, FII sold shares worth a net Rs 5,499.13 crore…
Stocks and commodities prices suffered a broad sell-off on Monday as rare protests in major Chinese cities against the country’s strict zero-COVID curbs hit growth expectations in the world’s second-largest economy. Clashes between police and protesters across several major cities over the weekend halted a tentative stocks rally that gathered…
By Milind MuchhalaThe Indian equity market finally seems to be witnessing the much-awaited correction, although the headline index is getting some support from the healthy performance of the financials. However, this is masking the weakness in the broader market, especially in the midcap and small cap space. While the respective…
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian benchmark indices remained in green amid a volatile trade session on Tuesday. NSE Nifty closed at 18,618 after touching a day’s high of 18,678. BSE Sensex rose over 200 points and reached a day’s high of 62,887 before settling…
Indian benchmark indices ended the session mildly in the green after a day of flat trade on weekly F&O expiry amid weak global cues. Sensex closed over 180 points higher at 62,570, while Nifty settled at 18,613, up by 0.28%. The broader markets ended marginally higher as well, with Nifty…