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The headline equity indices were trading firm in early trade on buying demand in index pivotals. Positive global cues boosted the investors sentiment. The Nifty traded above the 18,850 mark. IT, metal and financial services were in demand while auto and FMCG index declined. At 09:29 IST, the barometer index, the S&P BSE Sensex, was up 355.51 points or 0.56% to 63,455.16. The Nifty 50 […]

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Cressanda Solutions Ltd has lost 11.01% over last one month compared to 5.21% gain in S&P BSE IT Sector index and 3.81% rise in the SENSEX

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To 30 December 2022

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The Chinese conglomerate sold 26,28,73,507 shares at Rs 62.06 per share.

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The asset management firm intends to start the fund during the quarter of January through March 2023 and hopes to first close by the end of the same quarter.

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Bajaj Auto slipped 2.59% to Rs 3653.35 after the company recorded 19% fall in total auto sales to 3,06,552 units in November 2022 from 3,79,276 units in November 2021.

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The transaction was based on an Enterprise Value of GBP 21 million.

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The Indian rupee is expected to add to latest gains on ideas that the US Fed may be moderate in its rate hike stance. INR appreciated Wednesday, tracking weakness in the dollar overseas with all eyes on Fed Powell speech scheduled later in the global day. Rupee appreciated 34 paise to close at 81.38 (provisional) against the US dollar. A rally in domestic equities also […]

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A BSE filing showed that IEX has listed a special resolution ‘approval for the buyback of equity shares in the postal ballot notice.’

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