Indian Equity Benchmarks Fell Dragged by Banks

Gold Silver Reports (GSR) – Indian equity benchmarks fell dragged by banks after the Reserve Bank of India decided to discontinue issuance of letters of undertaking (LoU) and letters of comfort (LoC) for trade credit for imports into India.

Read More →

TCS Drops After Multiple Block Deals

Gold Silver Reports (GSR) – TCS Drops After Multiple Block Deals – Shares of the county’s second-largest firm fell as much as 6 percent, the most in over 16 months, to Rs 2,872.

About 2.84 crore shares or 1.5 percent equity changed hands in six block deals, Bloomberg data showed.  

Read More →