EbixCash plans to file for a $400 million-$500 million India IPO before the end of the year, IFR reported, citing people with knowledge of the transaction it did not identify.
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11 Best Stock Market News By Neal Bhai [02-12-2021]
11 Best Stock Market News: India’s stock benchmarks rose, aided by gains in healthcare, energy and consumer durables stocks, amidst weak global cues after the first confirmed case of omicron covid-19 strain and Federal Reserve chair’s reiteration of the need of faster tapering of stimulus sapped sentiment.
Asia Shares Track U.S. Rally; Yields Dip, Yen Up | Gold Silver Reports
Asian shares climbed and U.S. equity futures pared a drop Monday as the global economic recovery and corporate earnings prospects bolstered sentiment despite rising Covid-19 infections.
Stocks For Today: Future Retail, Nestle, TCS, Wipro, SIS
Stocks For Today: Future Retail, Nestle, TCS, Wipro, SIS ndian equities began the new trading week on a strong note, courtesy outperformance from private financials as well as PSU Banks. The S&P BSE Sensex ended 1.2% higher, closing above the mark of 52,000 for the first time ever at 52,154. The NSE Nifty 50 index also gained 1% to close at 15,314. Both Sensex and the Nifty ended at a record high.
Salzer Electronics to Buy 72% stake in Kaycee Industries in All Cash Deal
Gold Silver Reports (GSR) – Salzer Electronics Limited, which offers electrical solutions, on Monday signed a deal to acquire a 72.32 per cent stake in Kaycee Industries Limited in an all cash deal. Salzer will make an offer to purchase a 26 per cent additional stake from public for a total equity value of Rs 22 crores.
Yestday STBT Call Rocking Watch Nifty, Bank Nifty And Future Stocks – Enjoy Tons of Money
Yestday STBT Call Rocking Watch Nifty, Bank Nifty And Future Stocks – Enjoy Tons of Money
The Indian rupee (INR) fell sharply against the US dollar (USD) today after the shock exit of RBI governor Urjit Patel, who announced his resignation on Monday. The rupee was trading at 72.46 against the US dollar, down 1.5%, as compared to yesterday’s close of 71.32. The dollar also gained other currencies, putting further pressure on the rupee. The abrupt resignation of RBI chief has raised worries about further outflows from Indian markets. The counting of votes in five states began today from 8 am. Early trends indicate a tight race between BJP and Congress in Madhya Pradesh while Congress ahead in Rajasthan.
HDFC AMC, Sun Pharma, Wipro, Cipla, IndiGo
Equity benchmarks in Japan and South Korea were little changed as trading began, while Australian stocks declined. Futures indicated Hong Kong shares would nudge higher after sliding into a bear market. The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, traded 0.3 percent higher at 11,349.50 as of 7:20 a.m.