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Source: Live Mint The pace and quantum of foreign investors dumping Indian stocks for a China “hope trade” has dragged benchmark indices to the brink of a pullback—defined as a 5-10% fall from the peak over just four sessions through Friday. To top that, Indian benchmarks displayed their worst weekly performance in four-and-a-half years. The…
Source: Live Mint Jio Financial Services Ltd, the financial services entity spun off from Reliance Industries under Chairman Mukesh Ambani, said on October 4 that markets regulator SEBI has granted in-principle approval to the company and BlackRock Financial Management to act as co-sponsors and set up the proposed mutual fund. ‘Please note that Securities and…
Source: Live Mint Asia Index Private Ltd., which is fully owned subsidiary of BSE, on Friday announced the introduction of three new indices – the BSE SENSEX Sixty 65:35, the BSE SENSEX Sixty, and the BSE Power and Energy Index. “These indices are in line with the broader philosophy of BSE group of listening to…
Source: Live Mint Sebi allows settlement in NSE-TAP misuse case after NSE, officials pay ₹643 crores. Read Full Article
Source: Live Mint Tata Motors shares have been experiencing a consistent decline over the past two months, reflecting a troubling downward trend with no apparent signs of recovery. On Friday, 4 October, the stock fell to a four-month low, declining 21% from its all-time high of ₹1,179, which it achieved in July. In September, the…
Source: Live Mint Concerns over escalating tensions in the Middle East weighed heavily on the Indian market this week, driving the benchmark equity indices lower for the fifth consecutive session on Friday, 4 October. Both the Sensex and the Nifty clocked significant losses in Friday’s trading session. The Nifty 50 closed 0.81% lower at 25,014…
Source: Live Mint Top Gainers and Losers Today : **Top Gainers and Losers Today**: The Nifty index closed at 25,250.1, reflecting a decline of 0.93%. Throughout the trading session, the Nifty reached a high of 25,485.05 and a low of 24,966.8. Meanwhile, the Sensex traded within a range of 83,368.32 to 81,532.68, ultimately closing down…
Source: Live Mint Stock market today: After listing at a decent premium despite weakness on Dalal Street during the early morning session, Diffusion Engineers share price attracted buying interest among the Indian stock market bulls. This led to further appreciation in the newly-listed stock, leading to the locking in of a 5% upper circuit. Diffusion…
Source: Live Mint Shares of Pearl Global Industries (PGIL) regained momentum in Friday’s trading session, surging 7.23% to ₹939.80 per share after the domestic brokerage firm Avendus Spark Institutional Equities initiated coverage with a ‘buy’ rating. The brokerage set a target price of ₹1,350 on the stock, signalling an upside potential of 54% from its…
Source: Live Mint Shares of JTL Industries experienced a decline of over 7 per cent in intra-day trading on Friday, October 4, after the company board approved a stock split in the 1:1 ratio while it denied the proposal for bonus issue of shares. The stock split would involve splitting each equity share with a…
