Posts in category Business Standard
Nifty Auto index seen in downtrend, Energy range-bound; suggest charts (29-02-2024)
According to Ravi Nathani, an independent technical analyst, the Nifty Auto index can dip to 20,200 and 19,850 levels in the near term.
NBFC major Shriram Finance to replace agro chemicals firm UPL in Nifty50 (28-02-2024)
Meanwhile, Adani Power, IRFC, Jio Financial Services, PFC and REC have got included in the Nifty Next 50 index
State govt bonds to yield better returns under new investment regime (28-02-2024)
Under the new norms, banks must categorise bonds as "held-to-maturity" on a permanent basis, with the exception of 5 per cent of the portfolio that can be withdrawn throughout the year
Sebi asks MFs to shield smallcap investor interest amid spike in volatility (28-02-2024)
Fund houses asked to consider placing caps on investment, prevent first mover advantage
Sebi gives relief to investor Shankar Sharma, 4 others in Brightcom case (28-02-2024)
In the confirmatory order issued on Wednesday, the market watchdog revoked the bar on Sharma from selling his stake in the company after he submitted details of the transactions
He should get 6 years in jail, pay back nothing: Sam Bankman’s lawyer (28-02-2024)
Attorneys for the 31-year-old former crypto mogul made their recommendation to US District Judge Lewis A. Kaplan in a 98-page memo late Tuesday ahead of his March 28 sentencing
Equity investors make best returns when interest rates decline: UBS (28-02-2024)
Equities have dominated bonds, while bonds have outperformed treasury bills
Limit flows into midcap, smallcap mutual funds: AMFI asks asset managers (28-02-2024)
AMFI made the request in a letter dated February 27, which has not been previously disclosed. It came following a communication from India's market regulator
Sales of listed private non-financial firms rose 5.5% in Q3: RBI data (28-02-2024)
Sales of listed private non-financial companies grew 5.5 per cent in the three months ended December 2023 from 4.4 per cent expansion in the previous quarter, according to official data.
The Reserve Bank of India (RBI) on Wednesday released the data on the performance of the private corporate sector during the third quarter of 2023-24 drawn from abridged quarterly financial results of 2,842 listed non-government non-financial companies.
"Growth (y-o-y) in aggregate sales of 1,685 listed private manufacturing companies moderated further to 3.7 per cent during Q3:2023-24 (4.2 per cent in the previous quarter)," the apex bank said.
Among the major industries, sales of chemical companies declined 13.5 per cent, excluding which sales growth of manufacturing companies stood at 6.4 per cent.
Information Technology (IT) sector witnessed further deceleration in sales growth (y-o-y) to 3.2 per cent from 5.9 per cent in the previous quarter and 19.4 per cent a year ago.
Non-IT services compa
Markets log biggest decline in a month; Small, midcaps crash nearly 2% (28-02-2024)
Nervousness ahead of key data release