AIFs are pooled investment products for high-net-worth individuals (HNIs) with a minimum ticket size of Rs 1 crore
Posts in category Business Standard
Nifty February futures trade at discount (21-02-2024)
HDFC Bank, ICICI Bank and State Bank of India were the top traded contracts.
Quick Wrap: Nifty Media Index falls 4.91% (21-02-2024)
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Market snaps 6-day gaining streak; Sensex slides 434 pts; Nifty settles above 22,100 (21-02-2024)
As per provisional closing data, the barometer index, the S&P BSE Sensex, tumbled 434.31 points or 0.59% to 72,623.09. The Nifty 50 index declined 141.90 points or 0.64% to 22,055.05.
Singapore Market falls 0.83% (21-02-2024)
At closing bell, the Straits Times Index (STI) index was down 26.95 points, or 0.83%, to 3,217.11 after trading between 3,214.53 and 3,247.63. Volume of 2.24 billion shares worth S$1.47 billion changed hands. Across the broader market, advancers outpaced decliners 312 to 283.
PennWhite sets up subsidiary in India (21-02-2024)
To tap market for premium foam control solutions
Hong Kong Market extends gain as China lending rate cut (21-02-2024)
At closing bell, the benchmark Hang Seng Index surged 255.59 points, or 1.57%, to 16,503.10 to reach the highest level since January 5. The Hang Seng China Enterprises Index spurted 123.55 points, or 2.24%, to 5,642.78.
Ambuja Cements to set up 4 mtpa cement unit in Jharkhand (21-02-2024)
The cement manufacturer informed that it proposes to establish a cement grinding unit with an investment of Rs 1000 crore in Motia Village of Jharkhand with a capacity of 4 million tonnes per annum (mtpa).
China: Market extends winning streak to third day (21-02-2024)
The People’s Bank of China cut the five-year loan prime rate (LPR) by 25 basis points to 3.95% on Tuesday, as authorities sought to prop up the struggling property market and broader economy.