Sensex, Nifty fall a percent each; mid, smallcap indices down 2%; 5 factors behind the selloff
There was no pause for the Indian equity market on July 20, with a strong familiar wave cross-sector attractive sensex and nifty flagship indexes lower by percent. The market opened lower, expanded the previous session losses, amid weak global cues. Sensex and Nifty both fell around percent in morning trade, while mid and smallcaps suffered […]
Read MoreMultiple Adani group companies being investigated by SEBI & DRI, Finance Ministry tells Parliament
Some companies belonging to the Adani group are currently being investigated, the government has told parliament. In the written response to the parliament on July 19, the Minister of Finance Pankaj Chaudhary told Parliament that some Adani Group companies remained under the market regulator scanner Sebi (Effects and Exchange Board of India) and the Directorate […]
Read MoreBandhan Bank shares slip after loan book, deposits fall in Q1; global brokerage retains ‘underperform’ call
Bank Bandhan’s share price spilled more than 2 percent in the morning session on July 16, a day after a personal lender said the loan book and deposit decreased in the June quarter. In a business update to the stock market, the Kolkata-based Bank on July 15 said the loan and the progress shrank by […]
Read MoreLIC books record stock market gain ahead of IPO
Lic state-owned, the largest insurance company in the country, is also the largest domestic investor in the Indian market, buying shares worth ₹ 90,000 crore at FY21 to reach the total stock market investment of fiscal year. Life Insurance Corp of India (LIC), which worked on the sale of the largest public shares in the […]
Read MoreL&T shares jump 5% to hit all-time high, here’s what brokerages have to say
Larsen & Toubro (L & T) shares jumped more than 5 percent to reach their highs of all time of Rs 1,624.90 in intraday trade in BSE on July 15. In 2021, shares had risen 20 percent in BSE, on July 14, against 11 percent rally in Sensex. If the stock closed in Green on […]
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