The Indian market ended lower on Monday, with the Sensex and Nifty retreating as global trade war rhetoric returned to headlines and disappointed heavy gains at home. The BSE Sensex on Monday fell as much as 629 points intraday to touch a low of 82,941.01, while the NSE Nifty 50 fell 0.7% to an intraday […]
Investors hunger for Adani Ports and Special Economic Zone (Adsez) and JSW Infrastructure (JSWI) remain strong, according to the latest feedback from Jefferies about the ports and the logistics sector. The brokerage noted: “We find investors interested in Adani Ports (Adsez) and JSW Infra (JSWI). Investors appreciate the various assetabasis of Adsez and the expansion […]
Fitch Ratings has upgraded the creditworthiness of JSW infrastructure to ‘BBB’ of ‘BB+’ and his prospects as stable, which marked an important milestone in the company investment grades. Fitch confirmed the assessments and expects that the leverage of JSW Infra, measured by the gross debt/EBITDA, in the long term (financial year, ends in the long […]