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On 24 February 2022

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The benchmark indices bounced off the days low in mid-morning trade supported by oil & gas and auto scrips. The Nifty traded above 17,350 mark. At 11:30 IST, the barometer index, the S&P BSE Sensex, rose 122.67 points or 0.21% at 58,119.35. The Nifty 50 index gained 43.55 points or 0.25% at 17,365.75. In the broader market, the S&P BSE Mid-Cap index added 0.30% while […]

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Here is the stock market performance at 11:30 AM today.

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Mawana Sugars jumped 12.24% to Rs 122.90 after McKinley Capital Emerging Markets Growth Fund bought over 2.65 lakh shares of the company in a bulk deal yesterday.

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The ratings also note its leveraged capital structure along with weak debt protection metrics and working capital-intensive nature of operations.

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The transaction value of the acquisition would be Rs30 crore.

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Business Wire IndiaThe revised Foreign Trade Policy (FTP) is expected to come into effect from April 1st, 2022. As a policy that continues to remain effective for a period of 5 years, the FTP provides a basic policy framework and strategy for promoting exports and trade. With India being home to over 6.3 crore MSMEs that contribute to nearly 40 percent of India’s overall exports […]

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UTI Asset Management Company has allotted 5,825 equity shares under ESOS. Post the aforesaid allotment, the issued and paid-up share capital of the Company shall be increased from Rs. 1,26,92,01,460 (12,69,20,146 equity shares of face value of Rs. 10 each) to Rs. 1,26,92,59,710 (12,69,25,971 equity shares of face value of Rs. 10 each). Powered by Capital Market – Live News

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Australia unemployment rate was a seasonally adjusted 4.2 percent in January, the Australian Bureau of Statistics said on Thursday, unchanged from the previous month. The Australian economy added 12,900 jobs last month, following the increase of 64,800 jobs in December. Part-time employment added 30,000, while full-time employment shed 17,000. The participation rate was 66.2 percent, up from the 66.1 percent reading a month earlier. Powered […]

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