News Overview

On 21 January 2022

The rating of Basel III Tier II Bonds has been reaffirmed at BWR A+ (Stable) and Innovative Perpetual Debt Instruments reaffirmed at BWR A (Stable).

If the impact of the third wave/ Omicron outbreak turns out to be much more severe than expected earlier, the industry could see an accelerated process of mean-reversion of spreads in FY2023.

The index was lifted by Coforge being the top performer surging nearly 3% at Rs5,746.25 per piece.

Vardhaman Textiles Ltd issues a clarification to the Exchanges regarding the price movement of the company’s security across exchanges in the recent past.

JSW Steel reported a group combined crude steel production of 5.35 million tonnes (MT) for Q3 FY22, rising 28% over 5.07 MT in Q3 FY21, including the production at jointly controlled entity viz. JSW Ispat Special Products (JISPL).

As the world moves towards holistic and integrated tech-lead lives, the promise of deeper internet penetration in India is an advantageous reality

At meeting held on 10 January 2022

Benchmark indices traded in a narrow range near the flat line in morning trade. The Nifty hovered above the 18,000 mark. Metal and banks stocks corrected while pharma and IT stocks rallied. Market witnessed a negative bias as the Federal Reserves hawkish stance prompted investors to brace for faster withdrawal of monetary stimulus. At 10:30 IST, the barometer index, the S&P BSE Sensex, rose 16.57 […]

With effect from 11 November 2021