Reckoning that past experiences suggest that election results impact on markets does not last beyond six months, Mahesh Patil, CIO, Aditya Birla Sun Life AMC, says the market has a tendency to continue with its inherent trajectory based on fundamentals. “Hence, we would not try to time election outcomes and rather focus on stock picking … Read more
Indian market is expected to trade higher on Friday tracking positive global cues. The Nifty future closed positive with gains of 0.84% at 22473 levels on Thursday. India VIX was down by 1.33% from 20.27 to 20 levels. On the weekly options front, the maximum Call OI is placed at 22500 and then towards 22600 … Read more
MUMBAI: Several Axis Bank customers have reported either attempted or successful fraudulent transactions with international merchants over the last few years. Axis Bank said on Thursday that the fraudulent transactions appeared to be a ‘BIN attack‘. The bank said there was no indication of any breach, and as the frauds were undertaken with basic card … Read more
Mumbai: Shriram Housing Finance will receive flows worth $260 million as part of its inclusion into the Nifty on March 28, according to a brokerage Nuvama Research. UPL, which is being excluded from the benchmark index, could see outflows to the tune of $95 million. The rejig will take place on March 28, but the … Read more
The Indian market is likely to consolidate on Tuesday tracking muted global cues. The Nifty future closed positive with gains of 0.24% at 22,155 levels on Friday. The India VIX was down by 2.34% from 12.51 to 12.22 levels. On the options front, the maximum Call OI is placed at 23000 and then towards 22,500 … Read more
Home Business FASTag Without KYC Will Be Deactivated From THIS Date, Follow These Steps To Activate KYC NHAI has asked FASTag customers to complete the KYC process for FASTag as per the rules of the Reserve Bank of India. FASTag is valid for 5 years and after 5 years you have to extend its validity. … Read more
The government-backed National Asset Reconstruction Company (NARCL) is declared the winning bidder for a majority debt of Wind World (India) following an uncontested Swiss challenge auction held by lenders on Monday, said people with knowledge of the matter. NARCL gave a binding offer of Rs 670 crore to acquire Rs 3763 crore debt from lenders, … Read more
Mumbai: Axis Bank has funded India Resurgence Fund’s (IndiaRF Fund) acquisition of Ind Swift Laboratories by the buyout fund promoted by Bain Capital and Piramal Enterprises. Axis Bank has lent ₹700 crore as secured debt. IndiaRF Fund has borrowed senior debt of ₹700 crore from Axis Bank and used equity and mezzanine debt from its … Read more
The Indian market is likely to consolidate on Tuesday tracking muted global cues. The Nifty future closed flat at 22134 levels on Monday. India VIX was up by 1.50% from 13.69 to 13.90 levels. Volatility has been hovering within a band and creating swings in the market. Positive market setup was seen in stocks like … Read more
Tata Steel. Share Price 149.70 03:59 PM | 18 Mar 2024 8.00(5.65%) Mahindra & Mahindra. Share Price 1856.05 03:59 PM | 18 Mar 2024 56.55(3.15%) JSW Steel. Share Price 804.40 03:58 PM | 18 Mar 2024 23.75(3.05%) Tata Motors. Share Price 972.45 03:59 PM | 18 Mar 2024 26.61(2.82%) Apollo Hospitals Enterprise. Share Price 6136.55 … Read more