Latest Updates Around The World
Aye Finance on Monday launched its initial public offering (IPO) to raise Rs 1,010 crore. On the first day of the offer, the issue was subscribed by only 3% of the total offered shares of Rs 4.55 crore. The demand was largely driven by retail investors, who subscribed to 15% of their allotted shares of […]
The Indian market ended higher on Friday, with the Sensex and the Nifty on a four-day losing streak, as cooler-than-expected inflation in the US lifted global risk appetite and revived expectations of Federal Reserve rate cuts in the coming year. The constructive mood reflected gains in Asian markets, among other supportive signals.The S&P BSE Sensex […]
The Indian market ended lower on Friday as a wave of profit-taking started, with the Sensex and Nifty hovering around record highs. Banking heavyweights ICICI Bank and HDFC Bank led the decline, while investors also digested a broader global sell-off triggered by unclear US employment data, clouding the near-term interest rate outlook.The S&P BSE Sensex […]
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. […]
