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The domestic equity barometers ended a tad above the flat line after a volatile session on Tuesday. Negative global cues dampened the investors sentiment. PSU banks, FMCG and auto shares were in demand while realty, IT and metal stocks corrected. As per provisional closing data, the barometer index, the S&P BSE Sensex, was up 20.86 points or 0.04% to 58,136.36. The Nifty 50 index rose […]

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IDFC has received the approval of the Competition Commission of India vide its letter dated 01 August 2022 for the proposed divestment of IDFC Asset Management Company and IDFC AMC Trustee Company. The Proposed divestment remains subject to receipt of approvals from Reserve Bank of India (RBI) and Securities and Exchange Board of India (SEBI).Powered by Capital Market – Live News

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IDFC advanced 3.63% to Rs 59.90 after the company said that the Competition Commission of India (CCI) has approved the divestment of IDFC Asset Management Company (IDFC AMC).

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Australian share market finished session slightly higher on Tuesday, 02 August 2022, as the Reserve Bank raised the cash rate for the fourth time by 50 basis points to 1.85% in a widely expected move to tame surging inflation. At closing bell, the benchmark S&P/ASX200 index rose marginal 5.08 points, or 0.07%, to 6,998.05. The broader All Ordinaries index added by 3.42 points, or 0.05%, […]

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