Sebi on Wednesday sent demand notices to six entities, including Reliance Home Finance’s promoter entity, asking them to pay Rs 154.50 crore for diversion of funds from the company.
Posts in category Economic Times
Ahead of Market: 10 things that will decide stock action on Thursday (30-10-2024)
Domestic equity indices declined on Wednesday, led by falling financial stocks amid foreign outflows and weak corporate earnings. The BSE Sensex dropped 426 points and the NSE Nifty fell 126 points, with analysts noting a rangebound trading pattern likely to persist.
Ahead of Market: 10 things that will decide stock action on Thursday (30-10-2024)
Domestic equity indices declined on Wednesday, led by falling financial stocks amid foreign outflows and weak corporate earnings. The BSE Sensex dropped 426 points and the NSE Nifty fell 126 points, with analysts noting a rangebound trading pattern likely to persist.
Market Trading Guide: Federal Bank, Inox Green among 4 stock recommendations for Thursday (30-10-2024)
Indian benchmark indices fell near their day’s lows, with Nifty50 closing at 24,340.85, down 0.51%, and the Sensex at 79,942, down 0.53%. Analysts noted volatility, with Nifty trading in a 200-point range, indicating sideways sentiment ahead.
Market Trading Guide: Federal Bank, Inox Green among 4 stock recommendations for Thursday (30-10-2024)
Indian benchmark indices fell near their day’s lows, with Nifty50 closing at 24,340.85, down 0.51%, and the Sensex at 79,942, down 0.53%. Analysts noted volatility, with Nifty trading in a 200-point range, indicating sideways sentiment ahead.
EFC arm gets SEBI nod for SM REIT, set to launch Rs 500 cr initial public offer (30-10-2024)
Managed office space provider EFC (I) Ltd, through its wholly owned step-down subsidiary, EFC REIT, has received the Securities & Exchange Board of India’s (SEBI) registration for EMBERSTONE SM REIT as a Small & Medium Real Estate Investment Trust (SM REIT).
Unity Small Finance Bank Q2 Results: Profit rises 35% to Rs 187 crore, NPA down to 4.3% (30-10-2024)
Centrum group promoted Unity Small Finance Bank said it earned a net profit of Rs 187 crore in the September quarter as compared with Rs 138 crore in the year ago period, (up 35% YoY) backed by Rs 18 crore recovery from written off accounts.
Top 5 stocks with over 25% MF holdings in September quarter (30-10-2024)
A high mutual fund (MF) shareholding signals strong institutional confidence in a company’s future, suggesting positive market sentiment and potential stock price stability.
Rupee hits record low amid dollar demand, RBI steps in (30-10-2024)
The Indian rupee hit an intraday record low of 84.09 per US dollar, due to dollar demand from local companies and as traders turn risk averse ahead of presidential elections in the world’s largest economy. Likely intervention from the Reserve Bank of India helped contain a sharp depreciation in the local currency, traders said.