News Overview

The company will issue 23,01,641 equity shares at an issue price of Rs132/- per share (inclusive of premium of Rs130/- per share) aggregating to Rs30,38,16,612/- to non-promoters on a preferential basis.

Merchant dollar demand was far higher than supply as they were already anticipating a stronger dollar and hence may have been holding to long position in dollars

HDFC Bank gained 1.72% to Rs 1,421 after the Reserve Bank of India (RBI) lifted the restrictions on sourcing of new credit cards.

After opening a SOCE in Udaipur last year, this is the company’s second orthopedic specialty franchise hospital in India.

From 01 March to 04 March 2022

The government of India’s current shareholding is 51.45%.

Tata Motors Ltd has lost 18.09% over last one month compared to 13.71% fall in S&P BSE Auto index and 4.16% drop in the SENSEX

From the peak of the markets, the Nifty-50 has fallen -10.61%. Is whether this figure truly representative of the correction in Nifty stocks.

One 97 Communications (Paytm) slumped 11.98% to Rs 682 after the Reserve Bank of India (RBI) has directed Paytm Payments Bank to stop, with immediate effect, onboarding of new customers.

On NSE, the Banking and IT index surged by over 230 points and 260 points respectively.