The launch marks PeepalCo’s expansion into stock broking. It will be operated as a separate business division with its own managing and operations teams
Posts in category Business Standard
Mutual funds pump record Rs 45,000 crore into domestic stocks in March (02-04-2024)
Robust buying amid correction indicates jump in equity MF flows
Govt bond yield surges to two-month high tracking rise in US yield (02-04-2024)
Market participants said that the 7.12 per cent yield on the benchmark bond faces technical resistance and it might sustain as long as US yields do not surge further
Ion Exchange wins contract worth Rs 250 cr from Material Construction, UAE (02-04-2024)
Powered by Capital Market – Live News
Sunteck Realty leases its second premium commercial building at BKC Junction, Sunteck Icon (02-04-2024)
For rental income of Rs 2,000 cr over 29 years
Opec+ ministerial panel unlikely to change output policy at April 3 meeting (02-04-2024)
OPEC+ members, led by Saudi Arabia and Russia, last month agreed to extend voluntary output cuts of 2.2 million barrels per day (bpd) to support the market
Benchmarks take a breather, but broader strength endures (02-04-2024)
The barometer index, the S&P BSE Sensex, was down 110.64 points or 0.15% to 73,903.91. The Nifty 50 index shed 8.70 points or 0.04% to 22,453.30. Both the indices advanced over 2% in the past three trading sessions.
Board of JSW Energy approves fund raising up to Rs 5,000 cr via QIP issue (02-04-2024)
At meeting held on 02 April 2024
India commanding higher valuations on investors’ optimism, trust: Buch (02-04-2024)
Sebi chairperson Madhabi Puri Buch on Tuesday said the Indian capital markets are commanding higher valuations because of foreign investors’ optimism and trust in the country.
She said at 22.2, the ratio of price to earning multiple in the Indian market is higher than the average of many indices around the world.
“Yes, some people say that we are an expensive market but still why is the investment coming? Because this is a reflection of the optimism and the trust and faith that the world has in India today that we are commanding the kind of multiples in our markets,” she said at a CII event on corporate governance here.
A few weeks ago, Buch had flagged concerns on high valuations in segments of small and midcap stocks, stating that it could be becoming into a bubble.
Buch said she meets foreign investors regularly as part of her mandate and has seen an increased interest in India among them because of the velocity which the country’s economy has got after years of high speed …