Posts in category Business Standard
Nippon Life India Mutual Fund restricts flows into smallcap fund (06-07-2023)
Cites recent sharp rally in the small cap space, says move will lead to gradual deployment of corpus
Platinx, a pure Indian crypto exchange emerges as the Crypto Exchange Outlier in India (06-07-2023)
New Delhi [India], July 6: In the face of tougher restrictions for preserving client KYC data, several cryptocurrency dealers and exchanges have opted to relocate outside of India. Platinx, a 100 per cent Pure Indian crypto exchange, is emerging as an exception to this tendency. Platinx is building a reputation for itself in the Indian industry with its user-friendly design, broad cryptocurrency offers, and dedication to security and compliance.
Entity offloads Piramal Enterprises’ shares worth Rs 575 cr via open market (06-07-2023)
An entity on Thursday offloaded shares of Piramal Enterprises for Rs 575 crore through open market transactions.
According to the block deal data available with the BSE, SmallCap World Fund Inc sold a total of 61,09,068 shares of Piramal Enterprises 17 tranches.
The shares were disposed at an average price of Rs 941.15 apiece, taking the aggregate transaction value to Rs 574.95 crore.
Plutus Wealth Management, Tata Mutual Fund (MF), Bandhan MF BOFA Securities Europe SA, BNP Paribas Arbitrage and Segantii India Mauritius, among others were buyers of shares of Piramal Enterprises.
In a separate transaction on BSE, New World Fund Inc offloaded more than 34.62 lakh shares of Piramal Enterprises for Rs 326 crore through an open market transaction, as per the bulk deal data.
The shares were sold at an average price of Rs 941.15 per share, taking the transaction value to Rs 325.91 crore.
Details of the buyers could not be ascertained.
On Thursday, shares of Piramal Enterprises fell 1.0
Jewellery retailer Senco Gold’s Rs 405-crore IPO subscribed 73 times (06-07-2023)
The two sub-categories for high net worth individuals (HNI) too saw huge oversubscription
Goldman Sachs sees markets consolidating in third quarter of 2023 (06-07-2023)
Goldman retains its market weight stance and sees Nifty50 at 20,700 by June, implying 6.7 per cent gain since Thursday's close at a record high of 19,497 points
US stocks slide as traders bet on more rate hikes by Federal Reserve (06-07-2023)
Europe's Stoxx 600 index sank the most in two weeks
Nifty50 gains for eighth consecutive trading session, up 99 points (06-07-2023)
The Sensex last closed at 65,786, up 340 points, or 0.5 per cent
Oil drops 1% as market frets about risk of US interest rate hike (06-07-2023)
OPEC upbeat over 2024 oil demand outlook despite slowdown
BSE approves buyback worth Rs 375 crore via tender route at Rs 816 apiece (06-07-2023)
The shares of BSE were trading at Rs 693.5, nearly 2 per cent in the green as of 2:40 PM on NSE
Puravankara soars 13% as it records highest-ever sales value in Q1FY24 (06-07-2023)
The sale's value more than doubled, zooming 119 per cent year-on-year, to Rs 1,126 crore from previous year's Q1 sales of Rs 513 crore