Latest Updates Around The World
Indian shares closed lower on Friday, with the Sensex and Nifty extending losses for a fifth straight session, as concerns over global trade and political uncertainty in Washington weighed on investor sentiment. An early attempt at a recovery quickly faded, with benchmark indices sliding into the red within minutes of the open as caution returned […]
Indian Gas Exchange, the country’s first online delivery-based natural gas trading platform, is likely to launch an initial public offering (IPO) in December this year, Managing Director and CEO Rajesh Kumar Mediratta said on Wednesday.Indian Energy Exchange (IEX) has a 47 percent stake in IGX and has to reduce it to 25 percent as per […]
Indian Energy Exchange is “in the midst of a regulatory storm” and faces heightened policy uncertainty even as recent developments in the courts have improved investor sentiment, Bernstein Research said, while taking a cautious stance on the energy trading platform amid the ongoing market linkage debate.Bernstein reiterated an ‘Underperform’ rating on IEX and said regulatory […]
Shares of the Indian Energy Exchange (IEX) rose as much as 14% to an intraday high of Rs 153.35 on the BSE on Tuesday, January 6, on hopes of relief in the market linkage case heard by the Electricity Appellate Tribunal (APTEL).The tribunal, which heard the controversial market coupling rules proposed by the Central Electricity […]
India’s largest institutional investor, Life Insurance Corporation of India (LIC), ended 2025 on a rather sour note, with 64% or 184 of its portfolio stocks underlined in red. The conclusion was drawn from an analysis of 288 stocks in which LIC invests. Moreover, its own performance during the year was moderate: the counter fell by […]
The Indian market ended the session just shy of record highs on Thursday, with shares of Reliance Industries leading the way, while a strong quarterly earnings report revived investor confidence in the prospects for a broader market recovery.The S&P BSE Sensex rose 446 points (0.52%) to close at 85,632.68, while the NSE Nifty 50 gained […]
Markets regulator Securities and Exchange Board of India (Sebi) on Wednesday barred eight people from accessing the capital markets after allegedly finding them indulging in insider trading related to the shares of Indian Energy Exchange (IEX), leading to illegal gains of over Rs 173 crore. Those named in the order are Bhoovan Singh, Amar Jit […]
A brutal sale in some of the most legendary Bluechip shares in India tore a stunning RS 66,000 crore of the Life Insurance Corporation of India’s (LIC) Huge stock portfolio in July. The market carnage, in which Titans such as Reliance Industries (RIL), TCS, Axis Bank and HCL technologies were seen, suffer to double digits, […]
