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In January 2023, Indian stock exchanges shifted to a shorter and faster ‘trade-plus-one’ (T 1) settlement cycle, marking a significant milestone in capital markets
The IPO is a complete offer for sale, wherein promoters and other shareholders plan to sell 28,028,168 shares of the company. If the IPO sails through this time, Medi Assist will be the first insurance third-party administrator (TPA) in India to be listed.
The volume and delivery scan provides the list of stocks that witnessed an increase in traded as well as delivered quantity
The state-owned bank’s bond issue is likely to have a base size of ₹500 crore and a greenshoe option of ₹1,000 crore, with bidding for the sale expected to take place on August 29, sources said. The bonds are likely to be of 10-year maturity.
The RBI’s foreign exchange reserves were at $594.89 billion in the week ended August 18, down $7.27 billion. The decline was the largest since the week ended February 10, RBI data showed.
Concerns over elevated valuation coupled with selling by passive funds resulted in the stock decline during the listing week, according to analysts. Traders are speculating that Jio shares could rebound early next week amid the annual general meeting of parent Reliance Industries, scheduled on Monday
All the sectoral indices ended in the red, with capital goods, FMCG, PSU bank, metal, realty and power down a percent each
Despite the selling pressure, Bajaj Auto and Bajaj Finserv, ONGC, Asian Paints, and Tata Motors managed to eke out gains.
Despite the selling pressure, Bajaj Auto and Bajaj Finserv, ONGC, Asian Paints, and Tata Motors managed to eke out gains.
The yield curve comparing two-year with 10-year yields has been inverted on a continued basis for over a year, a reliable sign of a looming recession, but it has steepened in recent weeks because 10-year yields have been rising while shorter-dated ones have remained flat.