Posts in category Business Standard
ESAF SFB gains as deposits climb 35% YoY in Q4 (05-04-2024)
ESAF Small Finance Bank (SFB) advanced 2.71% to Rs 64 after the bank's total deposits jumped 35.47% to Rs 19,868 crore in Q4 FY24 as against Rs 14,666 crore recorded in Q4 FY23.
NSE SME Radiowalla Network hits the right frequency on debut (05-04-2024)
Shares of Radiowalla Network were quoting at Rs 126.15 on the NSE, a premium of 65.99% compared with the issue price of Rs 76.
Puravankara rallies as sales value soars 93% YoY in Q4; volume at 2.34 msft (05-04-2024)
Puravankara advanced 3.62% to Rs 239.25 after the company's sale value surged 93% to Rs 1,947 crore in Q4 FY24 from Rs 1,007 crore posted in Q4 FY23.
Broader mkt outperforms; realty shares advance (05-04-2024)
The frontline indices continued to trade with limited losses in mid-morning trade. The Nifty hovered below the 22,500 level. Realty shares gained after declining in the past two trading sessions.
Rate sensitive shares trade firm as RBI keeps repo rate unchanged at 6.5% (05-04-2024)
At 10:39 am; the Nifty Bank, Nifty Financial Services, Nifty PSU Bank, Nifty Private Bank and Nifty Realty index are trading in green and quoting higher by up to 1.7 per cent
Volumes jump at Asahi India Glass Ltd counter (05-04-2024)
Asahi India Glass Ltd saw volume of 60633 shares by 10:46 IST on BSE, a 6.21 fold spurt over two-week average daily volume of 9771 shares
NSE awaiting Sebi’s green signal to begin IPO process, says MD Chauhan (05-04-2024)
The National Stock Exchange (NSE) is awaiting approval from the capital markets regulator Sebi to kickstart the much-awaited Initial Public Offering (IPO) process, its MD and CEO Ashishkumar Chauhan said.
Additionally, he said that retail investors should avoid trading in the high-risk-derivatives and, only informed investors should get into such markets.
According to a Sebi study in the past, nine of the 10 traders lose money in derivatives trades. When asked about NSE's IPO plans, Chauhan on Thursday said," We will submit a revised Draft Red Herring Prospectus (DRHP) as and when we get approval from Sebi".
The rival of NSE, BSE ( formerly Bombay Stock Exchange), launched its IPO in 2017 and is currently listed on the NSE.
Notably, Chauhan was the CEO of BSE during its listing. The NSE's listing plans were on the back-burner following a probe by Sebi against the exchange and some of its former executives over the alleged governance lapses.
It was alleged that the exchange misus
FPI inflows in Indian shares hit 3-month high in March: NSDL data (05-04-2024)
The Nifty 50 and BSE Sensex rose about 1.6% each last month, as data showing sustained strength in Asia's third-largest economy drove domestic and foreign buying
RBI MPC Keeps Repo Rate Unchanged At 6.5% (05-04-2024)
This is the seventh time that the 6 member Monetary Policy Committee has decided to keep the key rates unchanged.
IndusInd Bank advances climbs 18% YoY in Q4 FY24 (05-04-2024)
The private lender's net advances jumped 18% to Rs 3,42,857 crore as of 31 March 2024 as compared to Rs 2,89,924 crore as of 31 March 2023.