X
X

Download The Newsmen Mobile App

And Stay Updated with Latest News

Install Now
elections 2022
elections 2022

National Stock Exchange

Advertisement
sensex
Indian bonds, equities indicating decoupling that is unsustainable
Advertisement
Chitra-Ramakrishna
Delhi HC grants bail to Chitra Ramkrishna, Anand Subramanian in NSE case
IANS -
Justice Sudhir Kumar Jain granted the 'statutory bail' as the probe had not not completed within a specified period of time and the accused were under judicial custody. Chitra Ramkrishna had approached the high court against the order of a special CBI court that denied her bail in May.
Torrent-Pharmaceuticals
Torrent Pharmaceuticals Ltd to acquire Curatio Health Care (I) Private Ltd for Rs 2000 crore
IANS -
In a regulatory filing, Torrent Pharmaceuticals said that the Rs 224 crore Curatio has a strong presence in the cosmetic dermatology segment with a portfolio of over 50 brands, marketed in India. The purchase consideration will be a mix of Rs 115 crore cash and cash equivalents in the acquired business indicating an Enterprise Value of Rs 1,885 crore.
Muhammad-Shehbaz-Sharif
Global investors view Shehbaz's appeal as sign of imminent default on foreign debt
IANS -
The global bond investors interpreted the prime minister's appeal as an indicator that the country was going to default on foreign debt repayments. Islamabad is scheduled to repay $1 billion against a maturing Sukuk on December 5, 2022, The , Express Tribune reported. The prices of any country's bonds plunge and their yields - the rate of return - soar while they are facing a financial crisis and vice versa.
Bombay-Stock-Exchange
Indices ends higher, Sensex up more than 300 points
IANS -
At close, Sensex ended 300.44 points, or 0.51 per cent, up at 59,141.23, and Nifty closed up 91.40 points, or 0.52 per cent, at 17,622.45.Mahindra & Mahindra, Bajaj Finance, Hindustan Unilever, State Bank of India, and Nestle were major gainers on the Sensex.
Advertisement
govt-general-insurance-employees
Share EY's rejig report, demands PSU non-life insurance unions
IANS -
The companies are: The Oriental Insurance Company Limited, National Insurance Company Limited, The New India Assurance Company Limited and United India Insurance Company Limited.
rupee-dollar
Rupee ends 24 paise down at 79.80 against US dollar
IANS -
"Rupee traded in mixed range in the week between 79.25-79.95 closing the week on a flat but broadly weak note, as dollar index and FII's selling pressure added resistance to rupee whereas Crude price fall and domestic sector performance along with banks positive momentum gave support to the rupee," said Jateen Trivedi, VP Research Analyst at LKP Securities.
rupee-dollar
Rupee ends 51 paise up at 79.45 against US dollar
IANS -
Indian markets will be closed on Wednesday on account of Ganesh Chaturthi. "Rupee gained strongly by 0.40 points as heavy short covering was witnessed in capital markets from FIIs. As benchmark rose 2.50 per cent in Indian capital markets, hence rupee time gained more than 0.50 per cent for the first time in the month of August," said Jateen Trivedi, VP Research Analyst at LKP Securities.
Indices-sensex
Indices erase early trading losses, but still trading lower
IANS -
Sensex was trading 835.72 points or 1.42 per cent down at 57,958.15 and Nifty was trading 250.30 points or 1.43 per cent down at 17,308.60. HCL Technologies, Infosys and Tech Mahindra were trading down more than 3.5 per cent on the BSE. On Friday, Federal Reserve Chair Jerome Powell signalled the US central bank is likely to keep hiking interest rates and keep them elevated to tame inflation.
Advertisement
Advertisement
Advertisement