India’s JM Financial Mutual Fund plans to shift its investment strategy towards earning interest income from bonds while reducing “duration risk” as it expects the central bank to begin raising…
Category: Market
SEBI, RBI working to launch derivatives on corporate bond indices: Tuhin Kanta Pandey
The ‘s (SEBI) Chairman, Tuhin Kanta Pandey, said on Monday, 8 June, that the capital market regulator and the Reserve Bank of India (RBI) are working to launch derivatives on…
Small-cap stock under ₹50 jumps despite stock market crash
Keeping its bull run intact for the third day in a row, shares of finished Monday’s session, 8 June, 1% higher at ₹34.78 apiece after the company announced that Infomerics…
Top Gainers & Losers on June 8: Netweb Tech, Wipro, Reliance Power, Swiggy, SAIL, HPCL among top losers
The Indian stock market witnessed a sharp broad-based sell-off in Monday’s trade, 8 June, as escalating tensions in the Middle East kept crude oil prices elevated, while weak global cues…
Sensex, Nifty fall 1% as Nasdaq correction, West Asia tensions rattle markets
Benchmark equity indices Sensex and Nifty 50 ended nearly 1 per cent lower on Monday after failing to sustain the recovery momentum in the mid-trading session amid weak global cues,…
BPCL to shut crude units at Mumbai refinery in September
Bharat Petroleum Corporation plans to shut a crude unit that produces 120,000 barrels per day, as well as some secondary units, at its 200,000 bpd Mumbai refinery in western India…
Oil prices may fall in coming months despite supply disruptions, says Hardeep Puri
India expects prices of both oil and gas to drop in the coming months, with enough stocks available despite the U.S.-Israeli war with Iran that has squeezed energy supplies, Oil…
Bond inflows hit one-year high after rupee support steps
India’s index-eligible bonds recorded their largest inflow in almost a year after authorities announced measures aimed at boosting foreign purchases of the nation’s debt and supporting the rupee. Global funds…
We don’t even know where LIC’s office is: Rajesh Exports chief
With facing regulatory pressure and concerns about LIC’s exposure to the beleaguered gold jewellery firm, Chairman Rajesh Mehta has distanced himself from the insurer’s investment decisions, arguing that ordinary retail…