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 […]

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Multiple 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 […]

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Bandhan 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 […]

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