Equity Market
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Hyundai India’s shares decline 5 per cent in market debut following record USD 3.3 billion IPO
Business | Oct 22, 2024, 11:37 AM ISTHyundai Motor India saw its shares fall by 1.3% on their debut, opening at ₹1,934 against an IPO issue price of ₹1,960. The $3.3 billion IPO was heavily oversubscribed by institutional investors, yet retail interest lagged due to pricing concerns.
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India's emergence as economic prowess attract foreign investments in equity market
Business | Jan 14, 2024, 10:53 PM ISTIndia's robust economic growth and investor-friendly policies position it as an attractive emerging market, drawing foreign investments despite global challenges. FDI is expected to rise in 2024, driven by healthy macroeconomic indicators and production-linked incentive schemes.
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FPIs infuse Rs 12,000 cr in Indian equities in September on hopes of slow rate hikes
Business | Sep 18, 2022, 01:39 PM ISTIn the near term, FPIs flow are expected to remain volatile given the headwinds in terms of monetary tightening, rising inflation, geopolitical concerns, etc.
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Rupee rises 6 paise to close at 79.86 against US dollar
Business | Aug 26, 2022, 07:22 PM ISTMumbai: The rupee appreciated by 6 paise to close at 79.86 (provisional) against the US dollar on Friday, supported by foreign fund inflows and a positive trend in domestic equities. However, higher crude prices in the international markets restricted the rupee's gain, forex dealers said.
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Gold hits new high of Rs 38,820; silver jumps Rs 1,140
Business | Aug 21, 2019, 04:05 PM ISTTraders attributed the gain in gold to increase in the domestic spot market demand. However, a weak trend in the international market restricted the gains, they said. Besides, the decline in equity markets also aided the rally in the precious metal as investors moved towards safe-haven assets such as gold, they added.
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Indian equity indices slip further; Sensex closes below 32,000-mark, Nifty loses 70 points
Aug 09, 2017, 04:46 PM ISTBSE Sensex closed below the 32,000-mark plunging over 200 points while Nifty closed below magical 10,000-mark for the second consecutive day.
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Appointment of Urjit Patel as new RBI Governor to boost Indian equity markets
Aug 21, 2016, 12:19 PM ISTThe appointment of Urjit R. Patel as the new Reserve Bank of India (RBI) Governor is expected to give a positive boost to the Indian equity markets during the upcoming week.
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Caution over Q2, macro data to flare up market volatility : Experts
Oct 11, 2015, 12:10 PM ISTMumbai: Key economic data and upcoming quarterly results are expected to flare up volatility in the Indian equity markets in the coming week, market observers noted.The Indian equity markets have performed stellarly since September 29,
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China's economic fundamentals sound: World Bank chief
Jul 17, 2015, 12:01 PM ISTBeijing: World Bank Group (WBG) President Jim Yong Kim said on Friday that China's economic fundamentals are sound despite the recent equity market volatility."China has built the world's second largest economy and it has undertaken
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Rupee gains 8 paise against dollar on foreign capital inflows
Jun 30, 2015, 10:50 AM ISTMumbai : Snapping its five-day falling spree, the rupee rose 8 paise to 63.76 against the US dollar in early trade today on fresh selling of the American currency by exporters and banks amid a
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Rupee falls 32 paise against dollar in early trade
Sep 15, 2014, 09:51 AM ISTMumbai: The rupee depreciated by 32 paise to 60.97 against the US dollar in early trade today at the Interbank Foreign Exchange due to increased demand for the US currency from importers amid a weak
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FII inflows hit $20 billion in 2013; take total to $150 billion
Dec 22, 2013, 11:21 PM ISTNew Delhi: Reposing their faith in Indian markets, foreign investors have made net inflows of a staggering amount of Rs 1.10 lakh crore (nearly USD 20 billion) in stocks here during 2013, while taking their
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Make equity market more attractive to wean away gold demand: Kotak
Jan 24, 2013, 11:51 AM ISTNew Delhi, Jan 24: Policymakers should take urgent steps to make equities more attractive to wean away the investors' interest from an idle asset such as gold and channelise the Indian savings into the country's
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Rupee drops further against dollar, down 20 paise
Dec 20, 2012, 12:55 PM ISTMumbai, Dec 20: The Rupee dropped by 20 paise to 54.75 against the American currency in late morning trade today on fresh dollar demand from banks and importers despite persistent capital inflows in the equity
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Rupee recovers 35 paise on PM's moves to revive growth
Jun 28, 2012, 08:25 PM ISTMumbai, Jun 28: The rupee today rose by a whopping 35 paise to close at 56.80 against the dollar amid hopes that Prime Minister Manmohan Singh who himself has taken over the finance portfolio will
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Rupee slumps to record low of 57.92
Jun 25, 2012, 08:25 PM ISTMumbai, Jun 25: The rupee slumped to fresh record low of 57.92 after RBI measures to stem the currency slide failed to enthuse investors but it managed to recover some ground and closed 14 paise
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Darul Uloom Deoband Issues Fatwa On Investment In Equity Market
Mar 21, 2012, 10:01 PM ISTSaharanpur, Mar 21: Outlining six norms for investment in capital market by Muslims, Islamic seminary Darul Uloom Deoband has said followers can invest in the equity of a company which is not involved in production