The price of 22-carat gold was also unchanged, with the yellow metal selling at Rs 54,450
Posts in category Business Standard
Gold and silver prices unchanged; yellow metal selling at Rs 59,400 (17-08-2023)
The price of 22-carat gold was also unchanged, with the yellow metal selling at Rs 54,450
JPMorgan index may include India’s sovereign bonds in 2024, says Pictet (17-08-2023)
India has in recent years come close to opening its $1 trillion government debt market to more global funds before pulling back from meeting the requirements for index inclusions
Stocks to Watch today, Aug 17: Auto, M&M, Railway, IRFC, Cipla, Nava, SAIL (17-08-2023)
Stocks to watch on August 17, 2023: Balrampur Chini, Delta Corp, GNFC, Indiabulls Housing Finance, India Cements, SAIL and Zee among 11 stocks in F&O ban on Thursday.
Stock Market Live: Broader indices defy weakness; IRFC slides 4%, ITC 2% (17-08-2023)
Stock Market live on August 17, 2023:IRFC dropped 4 per cent amid reports the government is looking to sell an 11.36 per cent stake in the company via an OFS
Nifty PSU Bank index forms ‘lower top, lower bottom’ formation on charts (17-08-2023)
Traders can capitalise by selling the index and its constituents on any intermittent rise
Emerging Asian bond investors turn cautious as rate cut wagers disappears (17-08-2023)
Market sentiment is starting to shift as rising commodity prices keep the policymakers from letting their guard down on inflation
Shobha Gangwal sells 3% in InterGlobe Aviation stake, mops up Rs 2,802 cr (16-08-2023)
Shares of InterGlobe finished at Rs 2,458 on Wednesday, down 3.6 per cent over its previous day’s close
Sebi proposal to have separate delisting framework puts shine on holdcos (16-08-2023)
Typically, holdocs trade at a discount of 40-70% to their intrinsic value due to multiple factors such as dividend taxation, complex structures and lack of control
IndiGo promoter Shobha Gangwal sells shares worth Rs 2,801 cr (16-08-2023)
InterGlobe Aviation’s promoter Shobha Gangwal on Wednesday sold a nearly 2.9 per cent stake in the company for a little over Rs 2,800 crore through open market transactions.
Shobha Gangwal is the wife of Rakesh Gangwal, the co-founder of the company, which is the parent of the country’s largest airline IndiGo.
The shares were sold in three bulk deal transactions.
As many as 3,841,121 shares were sold at a price of Rs 2,426.21 apiece, while 3,841,120 shares were offloaded twice at prices of Rs 2,440.92 and Rs 2,427.09, respectively, as per data available on the BSE.
Together, the shares are worth Rs 2,801.79 crore.
The total number of shares offloaded translates to around 2.9 per cent stake.
The shares were sold at a discount compared to Wednesday’s closing price of Rs 2,457.60 apiece on the BSE.
At the end of the June quarter, Rakesh Gangwal and his wife Shobha Gangwal had 13.23 per cent and 2.99 per cent stakes, respectively, in the company.
The Chinkerpoo Family Trust, whose