The deal comes amid growing global investors’ demand for infrastructure assets across Southeast Asia, lured by the region’s growth prospects and the sector’s stable and long-term returns.
What is Intraday trading?
IRFC, Jupiter Wagons among top stocks that will trade ex-dividend this week
The ex-dividend date for stocks is usually set one business day before the record date
Bullish on markets as Nifty, Bank Nifty set to rise further, says Rajesh Palviya
“There was some shakeout-like trading behavior at the beginning of this week. However, the swift recovery in the broader market clearly indicates that this trend is likely to continue. The put base is firmly intact on the Nifty.”
Contra view: Pharma overvalued sector now, says Dharmesh Kant
Kant also sounded caution on the banking sector, where he sees an uptick in bad loans as the below-par monsoon hit rural incomes. Low corporate demand is also hurting their financials.SoftBank-backed Neumora bags $2.51 billion valuation in lackluster debut
The Watertown, Massachusetts-based company’s shares debuted at $16.50 per share on Nasdaq, below the offer price of $17 apiece
Dollar lower after data but set for ninth straight weekly gain
Earlier data from the Labor Department showed import prices increased 0.5% last month as fuel prices jumped, but underlying price pressures stayed subdued while a separate report from the New York Fed showed factory activity picked up in the state in September
Arm’s shares seen as a shoo-in for Nasdaq 100, though S&P 500 unlikely
The index is up about 40% this year, largely due to the performance of a handful of megacap stocks including chip-maker Nvidia, whose shares have tripled this year thanks in-part to excitement over advances in artificial intelligence
Taking Stock: Markets at fresh record high; Nifty around 20,200, Sensex gains 320 points
Biggest gainers were Bajaj Auto, Grasim Industries, MM, Hero MotoCorp and Bharti Airtel, while losers included BPCL, Asian Paints, HUL, Jio Financial and Tata Consumer Products.Upbeat global cues push indices to fresh record highs, Nifty tops 20,200
Indian benchmarks have been on an uptrend, scaling newer all-time highs through the week.