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The domestic equity benchmarks ended with robust gains on Friday. Equity indices staged a comeback after notching losses in prior seven trading sessions. Bargain hunting emerged after the Reserve Bank of India (RBI) today raised benchmark repo rate by 50 basis points, along expected lines. The Nifty settled above the 17,000 level, after hitting the days low of 16,747.70 in the early trade. All the […]

JM Financial Limited and ICICI Securities Limited are the Book Running Lead Managers to the issue.

NSE India VIX tumbled 6.26% to 19.97.

Nifty PSU Bank index closed up 3.01% at 2995 today. The index is down 0.00% over last one month. Among the constituents, Canara Bank added 6.20%, Punjab National Bank rose 4.73% and Bank of Baroda gained 3.88%. The Nifty PSU Bank index is up 21.00% over last one year compared to the 2.97% decline in benchmark Nifty 50 index. In other indices, Nifty Private Bank […]

Data is from ANAROCK report

The rupee extended its initial gains and settled 37 paise higher at 81.36 against US dollar on Friday, after the Reserve Bank of India raised the benchmark lending rate by 50 basis points. The Reserve Bank of Indias Monetary Policy Committee announced a 50 basis points repo rate hike to 5.9% on Friday. With this, the central bank has raised benchmark interest rate by a […]

Euro zone inflation soared to a new record high of 10% in September, Eurostat data showed on Friday. This marked a steep rise 9.1% in August and above consensus projections of 9.7%. Bulk of the gains were led by energy prices which rose 40.8% year-on-year, up from 38.6% in August and food, alcohol and tobacco prices which jumped 11.8% from 10.6% last month. However, core […]

Markets rose sharply on the expectation that Rupee's depreciation against the dollar may slow down after the interest rate hike today.

Intelligent products and services are interconnected ones

Adani Renewable Energy Holding Four, wholly owned subsidiary of Adani Green Energy, has incorporated 5 (five) new subsidiaries: 1. Adani Renewable Energy Thirty Five 2. Adani Renewable Energy Thirty Seven 3. Adani Renewable Energy Forty One 4. Adani Renewable Energy Forty Two 5. Adani Renewable Energy Forty Three The main objective of the new subsidiaries is to generate, develop, transform, distribute, transmit, sale, supply any […]