[ad_1] Mumbai: GMR Airports (GAL), which operates aviation facilities in Delhi, Hyderabad and North Goa, raised βΉ2,250 crore from finance companies and private credit investors last week, said people with knowledge of the matter. The funds were raised at 13.275% in the form of listed, unsecured, rated, non-convertible bonds for two years and ten months….
READ MORE[ad_1] Mumbai: HDFC Bank, India’s largest lender by market capitalisation, has raised $750 million from institutional investors in Asia through a twin-tranche dollar bond as it garners funds to feed burgeoning demand for credit in the world’s fastest-expanding major economy. The bank garnered bids close to $3 billion from institutional investors in Asia, which included…
READ MORE[ad_1] Equity markets exhibited positive strength on Tuesday with investors showing reluctance to significantly trim their positions ahead of the RBI MPC meeting. Analysts said expectations for a dovish monetary policy buoyed sentiment in the bond market. In today’s trade, shares of Max Financial, Biocon, Nykaa, Nestle among others will be in focus due to…
READ MORE[ad_1] NIFTY Prediction Nifty started the day with gains and continued to trade positively, ending around 165 points higher. Looking at the daily charts, we notice that the Nifty has been mainly trading within an upward channel. Presently, the 21,700 mark acts as a key support level for the Nifty. As for resistance, levels are…
READ MORE[ad_1] Mumbai: The Tata Group, which brought integrated steelmaking to Asia and chronicled India’s journey into industrial adulthood through the decades before and after Independence, exceeded βΉ30 lakh crore in market value for the first time on Tuesday after the century-old conglomerate’s software bellwether surged to a lifetime high on expectations of a rebound in…
READ MORE[ad_1] Wall Street’s main indexes closed lower on Monday after Federal Reserve Chair Jerome Powell pushed back firmly against speculation that rate cuts would be imminent, while investors assessed a mixed bag of U.S. earnings reports. In an interview aired on Sunday, Powell said more evidence on a sustainable downtrend in inflation was needed to…
READ MORE[ad_1] A momentous shift is under way in global markets as investors pull billions of dollars from Chinaβs sputtering economy, two decades after betting on the country as the worldβs biggest growth story. Much of that cash is now heading for India, with Wall Street giants like Goldman Sachs Group Inc. and Morgan Stanley endorsing…
READ MORE[ad_1] Asian shares edged up on Tuesday thanks to a bounce in battered Chinese markets, although investors were cautious after a slide on Wall Street amid diminishing expectations of a near-term Federal Reserve rate cut, which in turn underpinned the dollar. Oil prices held largely steady as traders took stock of a visit to the…
READ MORE[ad_1] Share indices ended lower on Monday, tracking the weakness in Asian markets, but there were several individual stocks in the market that were in action and public sector stocks were among them. The benchmark Nifty 50 ended 0.4% down at 21771.70 points, and the Sensex closed 0.5% lower at 71731.42 points. On the other…
READ MORE[ad_1] Inflation and the U.S. presidential election will be the biggest drivers of global markets this year, while liquidity challenges are a growing focus, according to traders surveyed by JPMorgan. Some 27% of traders see inflation as having the biggest impact, followed by 20% for the November election, the survey published on Tuesday showed. Bonds…
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