The FPO managed to garner bids worth Rs 150 crore on its first day amid an 18 per cent crash in AEL’s stock
Posts in category Business Standard
Hindenburg Research’s conduct is a ‘securities fraud’, says Adani group (29-01-2023)
The company said there are three key themes from the Hindenburg Report like selective and manipulative presentation of matters already in the public domain to create a false narrative
NSE world’s largest derivatives exchange for fourth straight year in 2022 (29-01-2023)
The National Stock Exchange of India (NSE) has again emerged as the world’s largest derivatives exchange in 2022, in terms of the number of contracts traded, according to the Futures Industry Association (FIA).
This is the fourth consecutive year when the exchange earned the top spot, the NSE said in a statement on Sunday.
In addition, the exchange was ranked third in the equity segment by the number of trades (electronic order book) in 2022, an advancement from the previous year when it was in the fourth position, as per statistics maintained by the World Federation of Exchanges (WFE).
The calendar year witnessed the benchmark equity index the Nifty 50 touching lifetime high of 18,887.60. Further, significant strengthening in liquidity was seen in several product categories, including equity, equity derivatives and currency derivatives.
In the equity segment, exchange-traded funds (ETFs) daily-average turnover stood at Rs 470 crore in CY 2022, an increase of 51 per cent year-on-y
Seven of top-10 firms shed Rs 2.16 trillion in m-cap; RIL, SBI hit hard (29-01-2023)
The combined market valuation of seven of the 10 most valued firms eroded by Rs 2,16,092.54 crore last week, with Reliance Industries Limited and State Bank of India taking the biggest hit.
Last week, the BSE barometer Sensex tumbled 1,290.87 points or 2.12 per cent.
While HDFC Bank, Infosys, ICICI Bank, HDFC and Bharti Airtel were the other laggards among the top-10 firms, Tata Consultancy Services (TCS), Hindustan Unilever Limited and ITC emerged as the winners.
The market valuation of Reliance Industries Ltd (RIL) tumbled Rs 71,003.2 crore to Rs 15,81,601.11 crore, the most among the top-10 firms.
State Bank of India’s valuation tanked Rs 46,318.73 crore to reach Rs 4,82,107.53 crore.
The market valuation of ICICI Bank plunged Rs 36,836.03 crore to Rs 5,70,509.34 crore.
HDFC Bank’s valuation declined by Rs 24,899.93 crore to Rs 9,01,287.61 crore and that of Bharti Airtel fell by Rs 23,747.55 crore to Rs 4,31,583.22 crore.
The market capitalisation (mcap) of HDFC went lower by
Sebi may probe short selling to hammer down Indian markets: Report (29-01-2023)
The votaries of short selling consider it as a desirable and an essential feature of a securities market
No change in schedule, issue price of FPO, confident of success: Adani Ent (28-01-2023)
All our stakeholders including bankers and investors have full faith in the FPO, Adani Enterprise said in a statement
Bankers consider delay, price cut in Adani’s $2.5 bn FPO after market rout (28-01-2023)
Seven listed companies of the conglomerate controlled by Gautam Adani have lost a combined $48 billion in market valuation since Hindenburg report came out
Hindenburg report on Adani group: Index provider MSCI invites feedback (28-01-2023)
Adverse feedback could lead to reduction in weightage of Adani stocks in MSCI indices
Budget blues: Nifty set for worst run, falls 2.8% in past 3 sessions (27-01-2023)
The benchmark index is on course for its worst five-day show since the Covid pandemic began in 2020
Budget blues: Nifty set for worst run, falls 2.8% in past 3 sessions (27-01-2023)
The benchmark index is on course for its worst five-day show since the Covid pandemic began in 2020