With FPIs extending selling for the 9th straight month in June, Q1FY23 witnessed a record quarterly outflow of $15.03 billion from equity markets, writes Yoosef KP in Mumbai. Bulk of…
M&M, Kohinoor Foods among 51 stocks to hit 52-week high on BSE, 42 scrips touch fresh lows
After a good start, domestic equity markets came off its opening highs in Friday’s noon deals. The BSE Sensex was up 300 points to 52,600, and the NSE Nifty 50…
AMFI nod to MFs to resume subscription to overseas funds
The Association of Mutual Funds in India (AMFI) clarified on Tuesday that AMCs (asset management companies) may resume subscriptions and make investments in overseas funds and securities up to the…
As Mumbai chokes, demand for air purifiers zoom
Until last year, consumer durables retailer Vijay Sales would hardly stock up on air purifiers in Mumbai as demand was negligible. The picture is different now. The retail chain has…
Institutional investors vote against 21 resolutions with over 50% votes in June last week: IiAS
Institutional investors dissented on as much as 21 resolutions, including that of Dish TV, with over 50% of their votes in the week started June 24. Besides, they supported 210…
City Union Bank plans to raise Rs 500 crore via QIP
Private sector lender City Union Bank on Wednesday said that it plans to raise Rs 500 crore via a qualified institutional placement (QIP). The bank will seek the approval of…
Food inflation: Falling edible oil prices to cool inflation a tad
Sticky food inflation will likely moderate in the near term on eased domestic supplies and softening prices of key edible oils, giving comfort to the Reserve Bank of India (RBI),…
Rupee likely to depreciate amid weak dollar, easing crude prices; USDINR pair to trade sideways in this range
The Indian rupee is expected to appreciate on Friday amid weak dollar and fall in crude oil prices. Further, investors will closely watch ISM manufacturing PMI data, which is expected…
TCS, DMart, Tata Motors, Kotak Mahindra Bank, Bank of India stocks in focus on 11 July 2022
Domestic stock markets look to enter Monday’s trading session on the back of consecutive days of bullish momentum. S&P BSE Sensex is currently at 54,481 points after gaining 0.56% on…
Share Market Highlights: Sensex tanks 709 pts, Nifty settles below 15450; Reliance, ICICI Bank top draggers
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Bears returned to Dalal Street as benchmark indices ended lower amid weak global cues with Nifty settling below 15450. Selling…