By Siddhant Mishra Sebi on Tuesday announced that active mutual fund (MF) schemes have to limit investments in debt instruments issued by a single issuer, based on the credit rating. Similar caps already exist for passive funds, such as exchange-traded funds, and are intended to reduce the risk from a…
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian benchmark indices ended lower on December 9 with Nifty around 18,500. BSE Sensex fell 389.01 points or 0.62% to 62,181.67, and the NSE Nifty 50 settled 112.70 points or 0.61% lower at 18,496.60. Sectoally, information technology index shed 3…
Markets regulator Sebi on Thursday extended the deadline till December 15 for credit rating agencies to implement the standardised framework for industry classification. The framework is for rating exercise and research activities. Also Read: Sebi bars FWCS, its directors from markets for 1 year for unauthorised advisory services In view…
By Bhavik Patel Traders rushed into risky assets including gold and silver after the market reacted to Fed Chairman Jerome Powell’s speech at the Brookings Institution in Washington, where he continued to focus on his remarks to slow the pace of upcoming rate hikes. COMEX gold finally breached the psychological…
The board of State Bank of India (SBI) on Tuesday approved raising of Rs 10,000 crore through infrastructure bonds in the current fiscal. The issue includes a green-shoe option of Rs 5,000 crore and the bonds could be sold through a public issue or a private placement. The board’s approval…
Oil futures fell more than $2 a barrel on Monday, with WTI hitting an 11-month low, as protests in top importer China over strict COVID-19 curbs fuelled demand concerns. Brent crude dropped $2.16, or 2.6%, to trade at $81.47 a barrel at 0230 GMT, after diving to $81.16 earlier in…
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian benchmark indices BSE Sensex and NSE Nifty 50 hit fresh record highs intraday before paring some gains to end at record closing highs. While Sensex rallied 347.9 pts or 0.56% to touch a high of 62,686.84 before closing at…
Foreign institutional inventors (FII) sold shares worth a net Rs 1,241.87 crore while domestic institutional investors (DII) bought shares worth Rs 388.85 crore on Wednesday, December 7, 2022, according to the data available on NSE.For the month till December 7, FIIs sold shares worth a net Rs 4,367.46 crore while…
Mayank Agrawal bought 77,88,816 shares of Excel Realty N Infra Limited (EXCEL) at Rs 0.70 per share. IDBI Trusteeship Services Limited sold 77,13,391 shares of Hindustan Construction Company Limited (HCC) at Rs 19.33 per share. Molecule Ventures Limited Liability Partnership sold 2,00,000 shares of Kamat Hotels (I) Limited (KAMATHOTEL) at…
By Dilip Parmar The Indian rupee ended the week on a flat note on the back of weaker regional currencies. Among the Asian currencies, the Chinese Yuan depreciated around a percentage point amid surging COVID cases which forced the authority to continue with lockdowns. The marketmen worried about global growth…