Benchmark indices staged a sharp recovery on Monday, March 16, erasing early losses to close firmly in the green, even as the spectre of an escalating US–Iran conflict continued to…
Category: Market
Reliance works with six banks on planned Jio Platforms IPO
Reliance Industries Ltd. is working with half a dozen banks for the planned share sale of its telecom unit, Jio Platforms Ltd., with more advisers likely to be added soon,…
SEBI chief flags decline in registered investment advisers, warns of rising finfluencer influence
Chairman of the Securities and Exchange Board of India (SEBI), Tuhin Kanta Pandey, on Monday highlighted key challenges facing the investment advisory ecosystem and outlined the regulator’s roadmap to strengthen…
Rupee closes flat at 92.42, averts record low on state-run banks’ dollar sales
The Indian rupee was pinned near its all-time low on Monday, averting losses largely on the back of likely central bank intervention, via state-run banks, as hostilities in the Gulf…
Sensex jumps 938 pts, Nifty settles above 23,400 on bargain buying after 3-day fall
Stock market benchmark indices Sensex and Nifty rebounded by over 1 per cent on Monday after facing a massive drubbing in the past three trading days, driven by value-buying in…
More leaf teas unsold at Coonoor auctions on subdued export demand
A slowdown in export demand has resulted in a rise in unsold quantities of tea, particularly leaf varieties, at the Coonoor Tea auctions. Traders said that in Sale 11, nearly…
India negotiating with Iran to move six LPG tankers through Hormuz
India’s government is focused on ensuring safe passage for six tankers carrying liquefied petroleum gas through the Strait of Hormuz in negotiations with Iran, according to people familiar with the…
US stock market: US dollar dips on US-Iran war; what do Dow Jones futures signal?
US stock market: The’s key benchmark indices are poised to open on a strong note on Monday, March 16, while the US dollar came under pressure ahead of the central…
PSU stock Union Bank of India declares ₹25,000 crore fundraise via issuance of bonds
PSU stock Union Bank of India on Monday, March 16, announced that its board has approved the issuance of long-term bonds. The surged as much as 1.52% to ₹176.22 today…
Apsis Aerocom IPO allotment date in focus today. Latest GMP, steps to check share allotment status online
The Apsis Aerocom SME initial public offering (IPO) share allotment will take place on Monday, March 16. The investors who applied for the issue can check the allotment status IPO…