Anticipating a pro-growth Budget by Nirmala Sitharaman this morning and shrinking of interest rate hikes by US Federal Reserve later in the night, Sensex and Nifty began the eventful day on a strong note as all sectoral indices opened in green zone. The BSE Sensex was trading 576 points or 1% higher at 60,125.49 while…
READ MOREEquity bulls limped into 2023 with positions trimmed, hedges firmed and much bubble excess in the rearview. They also came in with an unusually big chunk of their long-term gains intact, and are watching those spiral back up in a January rally that has defied most predictions. While last year’s 20% hit to the S&P…
READ MOREA day after Adani Group’s flagship company announced a follow-on public offer (FPO) to raise Rs 20,000 crore, the stock slumped up to 3.7% to Rs 3,463.50 on BSE on Thursday. Shares in the FPO would be sold at a discounted price band of Rs 3,112 to Rs 3,276 apiece. Retail investors would get a…
READ MOREIndia Budget 2023 News: Budget 2023: JPMorgan expects lower subsidy payments to boost capex allocations – The Economic Times Video | ET Now ET Now | 17 Jan 2023, 10:46 AM IST Budget 2023 is just round the corner and JPMorgan has come out with their expectations from this budget. The brokerage house sees lower…
READ MORENew Delhi: India’s capital-markets regulator has sent notices to several Alternative Investment Funds (AIFs), which include both private equity investors and venture capitalists, for alleged violation of specified tenure rules on their investment vehicles, people with direct knowledge of the development told ET. These private-equity and venture capital funds, registered with the Securities and Exchange…
READ MOREDefying positive global cues, domestic equity indices opened lower for the second consecutive session on Wednesday, dragged by index heavyweight , banking and financial stocks. Traders waited for domestic and US consumer price data later in the week to offer cues on central banks’ interest rate-hike plans. The BSE Sensex was trading 295 points or…
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