Posts in category Economic Times
Heavyweights to do the Heavy Lifting in Round 3 (11-06-2024)
Prime Minister Narendra Modi reappointed key members of his previous administration, including the Big Four cabinet members of the Cabinet Committee on Security (CCS) such as Amit Shah, Rajnath Singh, Nirmala Sitharaman, and S Jaishankar.
Healthy credit-deposit ratio needed (11-06-2024)
State Bank of India and other public sector lenders are urging the government to allow incentives to boost deposits, addressing a slump in credit flows.
Fertiliser, agrochemical stocks rally as monsoon arrives early (11-06-2024)
Fertiliser and agrochemical companies like FACT, Nova Agritech, and Rallis India saw a boost in shares as the monsoons arrived early. Analysts expect increased demand for products due to favorable weather conditions, with specific bullish recommendations for Coromandel International and other companies.
GIFT Nifty jumps 50 points; here’s the trading setup for today’s session (11-06-2024)
Domestic equities closed marginally on Monday due to selling in IT stocks and HDFC Bank. Investors await US Fed, BoJ policy outcomes, and US, India CPI data for market clarity.
IndiGo promoter Bhatia family may sell 2% for $394 million (11-06-2024)
Bhatia Family selling 2% stake in IndiGo for ₹3,292.3 crore through a block deal. First stake sale post IPO. InterGlobe Enterprises selling shares. Lock-up period of 365 days post deal. IGE to invest in hospitality, launching Miiro hotels in Europe.
Jio Fin, Adani Green, Zomato among cos eligible for F&O (11-06-2024)
Nuvama Alternative & Quantitative Research identifies potential F&O stocks like Zomato, YES Bank, and Jio Financial among others. Sebi's proposed changes may see 78 new stocks entering the segment.
Demat, MF A/cs won’t be frozen for not filing nomination (11-06-2024)
Sebi announced it won't freeze demat accounts and mutual fund folios for existing investors without nominations. New investors must provide mandatory nominations, ensuring smoother processes and compliance in the market.
What explains heightened foreign investor activity on May 31? (11-06-2024)
The Congress party alleges insider trading by foreigners ahead of the BJP's predicted victory in the exit polls on May 31, resulting in a surge in stock market activity. FPIs made significant purchases linked to the MSCI's quarterly rebalancing, impacting global indices and passive funds.
Mphasis promoter entity pares 15% stake for Rs 6,735 crore (11-06-2024)
Blackstone, promoter of Mphasis, divested a 15.08% stake in the IT and consulting firm for ₹6,735 crore through an open market transaction on the NSE.