Union Bank of India on Monday said that it will raise Rs 2,200 crore through two separate tier-2 bond issues. The bank will raise Rs 1,500 crore through bonds maturing in 15 years and another Rs 700 crore via bonds maturing in 10 years, the lender said in an exchange…
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Global Markets: Shares set for weekly gain, Treasury yields fall as investor optimism
European stocks were on track for a sixth successive week of gains on Friday and government bond yields globally traded near multi-week lows as investors reacted to positive data and signs central banks may not hike rates as aggressively as feared. The 10-year Treasury yield dipped to 3.65% on its…
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Punjab & Sind Bank, Bank of Baroda among 115 BSE stocks to hit 52-week highs, 9 fall to 52-week lows
Indian benchmark indices were trading in the red following negative global market cues. The BSE Sensex lost over 220 points or 0.35% to trade at 62,604.72. The NSE Nifty is trading at 18,639, down 0.33%. Sectorally, Nifty PSU Bank index is up 2.34% intraday, with constituents Punjab & Sind Bank…
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Paytm board to consider buyback in Dec 13 meet
One97 Communications, the parent entity of Paytm, has said in a filing to the stock exchanges that the company is considering a buyback of the fully paid-up equity shares. The board will take up the matter in a meeting on December 13, it said. Also Read: Reliance General Insurance seeks…
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Tata Consumer Products Rating: add; A good fit in Tata Consumer portfolio
FMCG Giant Tata Consumer is in talks to acquire Bisleri at Rs 6,000-7,000 crore according to media reports. Bisleri is a strong market leader with 13-15% marketshare with robust growth/profitability in a large category that is growing at 15%+ CAGR. TCPL can drive share gains, margin expansion and leverage Bisleri’s…
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Nifty to surpass its all-time high or bears to take control? 7 key things to know before share market opens
Indian benchmark indices are likely to open on a tepid note amid weak global cues. SGX Nifty was mildly red with Nifty futures trading 49 pts or 0.27% lower at the Singapore Exchange, hinting at a flat to negative start for the Indian share market. In the previous session, BSE…
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Ambuja Cements, AKG among 72 NSE stocks to hit 52-week high, 20 scrips fall to 52-week low
Domestic equity benchmarks were trading lower on Friday with 30-share BSE Sensex falling over 500 points and NSE Nifty trading below 18,500. The Nifty sectoral indices were trading mixed with Nifty Metal dropping 0.61% while Nifty FMCG rose 0.54%. The volatility Index India VIX was trading 1.88% higher. NSE 52-week…
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ONGC, Infosys, Inox Wind, Metro Brands, HCL Technologies, Mahindra Logistics stocks in focus on F&O expiry
Indian benchmark indices BSE Sensex and NSE Nifty 50 are likely to open on a muted note amid weak global cues. SGX Nifty hinted at a flat to negative start for domestic equities as Nifty futures traded lower at 18665 level on the Singapore Exchange. “Markets have been gradually drifting…
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Share Market Highlights: Nifty, Sensex end flat, Bank Nifty closes up 210 pts; Reliance Industries leads loss
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian benchmark index BSE Sensex closed the session mildly in the negative territory, while NSE Nifty closed marginally in the green after a volatile session of trade, as select heavyweights such as Reliance Industries, Infosys and Bharti Airtel dropped sharply.…
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Global Markets: European markets stay cautious after China eases pandemic measures
European stock indexes opened slightly lower on Monday, finding little support from an easing of China’s domestic pandemic restrictions, after market sentiment was dampened by U.S. jobs data on Friday that raised fears of persistent inflation. Asian shares had been boosted early on Monday by hopes that China taking steps…