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Tag: dependency infrastructure

Anil Ambani’s Reliance shares plunge up to 10%. Here’s what’s behind the steep sell-off
Stock Market

Anil Ambani’s Reliance shares plunge up to 10%. Here’s what’s behind the steep sell-off

Shares of Anil Ambani-led Reliance companies plunged to 10.5% in morning deals on Monday, October 13, after the Times of India reported that the Enforcement Directorate had arrested senior Reliance Power director Ashok Kumar Pal in the alleged fake bank guarantee and fake invoicing case on Saturday. Shares of Reliance Power crashed over 10% to […]

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Largaps are wearing the victims, while FIIs reduce the interests in markets in June for quarterly
Stock Market

Largaps are wearing the victims, while FIIs reduce the interests in markets in June for quarterly

Foreign Institutional Investors (FIIs) significantly cut their participations in LargeCap, MidCap and SmallCap shares during the June quartal, with the greatest proportional reductions that are seen in the LARGECAP segment. Recent data show that FIIs have reduced the interests in 55% of the Largecap companies, compared to 50% in midcap and 53% in SmallCap companies. […]

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