Latest Updates Around The World
Adani Power is looking to raise around Rs 7,500 crore from institutional investors through the issuance of non-convertible debentures (NCDs), people familiar with the matter told ET.The thermal energy giant is tapping the bond market at a time when investor demand for corporate bonds is high. The fundraising is expected to start in the next […]
Nomura Holdings Inc.’s loans to an investment fund embroiled in a short-selling firm’s allegations against Indian billionaire Gautam Adani have come under scrutiny in a London court case.About three years after Adani first faced questions about fraud and stock manipulation at his conglomerate, Tokyo-based Nomura was sued by a fund owned by Elara Capital Plc […]
Equity benchmarks Nifty and Sensex started 2026 on a strong footing, posting gains for the second straight session, driven by sharp rallies in auto, banking and IT stocks even as steep declines in major FMCG names capped the upside.At around 9:45 am, the BSE Sensex rose 220 points, or 0.26%, to open at 85,444, while […]
The quarterly rebalancing of the Nifty Indices, which will take place on December 30, is expected to lead to notable portfolio adjustments in several frontline indices including the Nifty 50 and Nifty Bank.This exercise, which involves aligning index constituents with updated free-float weights and revised methodologies, is likely to result in measurable inflows and outflows […]
Indian shares closed lower on Monday, with Sensex and Nifty paring early gains, as subdued year-end trading volumes and continued foreign fund outflows dampened investor risk appetite, extending the market’s recent losses.The BSE Sensex fell 346 points, or 0.41%, to close at 84,695.54, while the NSE Nifty 50 fell 100 points, or 0.38%, to settle […]
State-owned insurer Life Insurance Corporation of India (LIC) has reduced its stake in Hindustan Copper by 2%, taking its stake in the company to 4.07%. The shares were sold on the open market between August 16 and December 23, the metals giant told exchanges.The country’s largest life insurance company LIC held 6.086% stake, amounting to […]
Indian shares traded modestly higher on Wednesday, with the Sensex and Nifty stabilizing after a flat close in the previous session, as stronger-than-expected US economic growth data boosted risk appetite. However, optimism was tempered by continued foreign fund outflows and meager trading volumes at the end of the year.The Sensex rose 100 points, or 0.07%, […]
Indian shares closed lower on Wednesday, with the Sensex and Nifty extending their declines to a third straight session, as investors grappled with uncertainty over the US Federal Reserve’s interest rate outlook following mixed signals from US jobs data. Sentiment was further dampened by the lack of progress on a future US-India trade deal, keeping […]
Indian shares closed modestly lower on Monday, ending a two-session advance as weakness in auto and financial stocks continued. Sentiment remained vulnerable due to continued foreign outflows, uncertainty over a US-India trade deal and positioning ahead of the potential fallout from Mexico’s sweeping new tariff regime, as the rupee fell to a record low.The S&P […]
Peterhouse Investments India Limited, Usha Martin’s promoter, on Friday sold 23 lakh shares in the company through a block deal. The deal size was Rs 99 crore. Meanwhile, the buyers were Morgan Stanley Bandhan Mutual Fund and 3P India Equity Fund.Morgan Stanley bought shares worth Rs 26 crore through its subsidiary Morgan Stanley Asia Singapore […]
