Monday February 06, 2023

Shares of most of the Adani group firms ended lower on Monday, with the group companies' combined mcap witnessing a sharp fall of Rs 9.5 lakh crore after US-based short-seller Hindenburg Research's adverse report. Forex traders said the Hindenburg Research report has soured market mood towards Adani Group stocks, leading to a sharp decline in the stock prices. At the end of Monday's trading session, six of the 10 Adani group companies ended in the negative territory, with Adani Transmission slipping 10 per cent, while the shares of Adani Total Gas, Adani Power, Adani Green Energy and Adani Wilmar declined 5 per cent each. Shares of Adani Enterprises closed for the day at Rs 1,572.40, down 0.74 per cent over its previous close. Four of the Adani group companies defied the trend and settled in the positive territory with Adani Ports and Special Economic Zone closing higher by 9.46 per cent, Ambuja Cements (up 1.54 per cent), ACC (up 2.24 per cent) and NDTV (up 1.37 per cent). "The A

Monday February 06, 2023

The marketing presentation, which has not been previously reported, shows the Swiss bank is betting on an aggressive rebound at CS First Boston (CSFB) after revenue plunged 69% in 2022

Monday February 06, 2023

The so-called price-to-earnings ratio for the stock has surged from 15 times earnings in the five years to 2021 to 214 times in the last two years, the professor wrote

Monday February 06, 2023

Nifty opened on a negative note on Monday & moved lower in the beginning of the session. However, the key hourly moving averages offered support on the downside & restricted further downside. Consequently, the index traded in a sideways manner as the day progressed & ultimately formed an Inside bar on the daily chart

Monday February 06, 2023

Monday February 06, 2023

The enforcement directorate has attached Rs 936 crore proceeds of crime and arrested 5 five persons related to crypto currency fraud, Parliament was informed on Monday. Further, under the Foreign Exchange Management Act, 1999 (FEMA), assets amounting to Rs 289.28 crore have been seized and one show cause notice to cryptocurrency exchange Zanmai Labs Pvt Ltd, known as WazirX, and its directors has been issued for transactions involving cryptocurrencies worth Rs 2,790 crore. In a written reply to a question in the Lok Sabha, minister of state for finance Pankaj Chaudhary said the Enforcement Directorate is investigating several cases related to cryptocurrency frauds wherein a few crypto exchanges have also been found involved in money laundering. "As on January 31, 2023, proceeds of crime amounting to Rs 936 crore have been attached/seized/freezed, 5 persons have been arrested and 6 prosecution complaints (PCs) including 1 supplementary PC have been filed before the Special Court, PML

Monday February 06, 2023

Monday February 06, 2023

Ahead of its earnings, the stock on Monday ended 0.5% down at Rs 789.25 on the NSE. Recently, it was downgraded by some brokerages in view of the sharp rally in the stock. In 2022, the stock has given 18% returns when benchmark Nifty 50 gave about 4% returns

Monday February 06, 2023

Monday February 06, 2023

Explaining the reason for the 16 per cent spike in revenue to Rs 5,871 crore and the resultant 10 per cent jump in net interest income to Rs 1,606 crore, Gowd told PTI that Rs 1,569.33 crore increase in absolute provisions was due to prudential provisioning as we wanted to increase the coverage ratio

Monday February 06, 2023

Traders will look at gold as a safe-haven asset and buy into it," said Phillip Streible, chief market strategist at Blue Line Futures in Chicago.Concerns over a slowdown remain and that is likely to keep demand for gold on a firm footing this year, analysts said

Monday February 06, 2023

Capital market regulator Sebi on Monday came out with operational guidelines on green bonds asking issuers to make additional disclosure, pertaining to environmental sustainability objectives of such debt securities in the offer document. In addition, issuers of green bonds will have to disclose brief details of decision-making process followed for determining the eligibility of projects, for which the proceeds are being raised through issuance of green debt securities, Sebi said in a circular. Apart from disclosure in the offer document, the Securities and Exchange Board of India (Sebi) has asked the issuer, who has listed green debt securities, to provide certain additional disclosures along with its annual report and financial results. Also, the issuer will have to appoint a third party reviewer for a green debt security for the post-issue management of the use of proceeds from the green debt security, and verification of the internal tracking and impact reporting. Listing out .

Monday February 06, 2023

"Muthoot Finance registered a year-on-year growth of 6% in loan assets and marginal quarter-on-quarter growth in gold loans of less than 1%. Yield on loan portfolio witnessed a QoQ increase of 0.84% consequent to stoppage of very low rate teaser loans," said the MD

Monday February 06, 2023

The U.S. Department of Justice's bankruptcy watchdog has urged U.S. Bankruptcy Judge John Dorsey, who is overseeing FTX's Chapter 11, to appoint an independent examiner to investigate allegations of "fraud, dishonesty, incompetence, misconduct, and mismanagement" that are "too important to be left to an internal investigation

Monday February 06, 2023

Also, price caps on Russian products took effect on Sunday, with Group of Seven (G7) nations, the European Union and Australia agreeing on price limits of $100 a barrel on diesel and other products that trade at a premium to crude and $45 a barrel for products that trade at a discount, such as fuel oil

Monday February 06, 2023

In a new paper, Sebi has proposed the daily transfer of client funds to clearing corporations

Monday February 06, 2023

The guidelines, to be effective from April 1, 2023, have come against the backdrop of increasing interest in sustainable finance in India as well as around the globe, and with a view to aligning the framework for green debt securities with the updated Green Bond Principles (GBP) recognised by IOSCO

Monday February 06, 2023

At 10:24 a.m. ET, the Dow Jones Industrial Average was down 179.60 points, or 0.53%, at 33,746.41, the S&P 500 was down 33.71 points, or 0.81%, at 4,102.77, and the Nasdaq Composite was down 125.32 points, or 1.04%, at 11,881.64

Monday February 06, 2023

The Qualified Stock Brokers, or QSBs, will be required to analyse client behaviour and trading patterns, and detect unusual activity

Monday February 06, 2023

Red-hot Taiwanese market, Adani rout erode India's weighting

Monday February 06, 2023

Monday February 06, 2023

“Everywhere we have tried to be realistic. And that is why when people ask me, have you reduced your Budget on some things? No, we have been realistic. Absorption is also a very important indicator of where your money will be well received. There is no point in giving money in every head because it exists.”

Monday February 06, 2023

Monday February 06, 2023

“The RBI has the luxury of raising rates or deferring it as inflation is cooling off and growth is stable. The market will be looking forward to the guidance on the borrowing program of FY24,” said Nilesh Shah, managing director of Kotak Mahindra AMC.

Monday February 06, 2023

Stake issuance coupled with potential capital infusion by promoters should help Vi clear pending dues and invest in 5G; Indus Towers' receivables set to reduce

Monday February 06, 2023

Monday February 06, 2023

Business Standard brings you the lowdown on demat accounts, trading accounts and a host of other terms and instruments you will find useful while moving your holdings

Monday February 06, 2023

The company had posted a profit of Rs 9,572 crore in the last-year period and Rs 1,514 crore in the previous September quarter

Monday February 06, 2023

Monday February 06, 2023

In its consultation paper, the regulator has proposed mandating daily upstreaming of all investor funds from stock brokers and clearing members (CMs) to Clearing Corporations (CCs). Investor funds in surplus of exchange margin requirements may in turn be placed by CCs in very low-risk and liquid overnight money market instruments

Monday February 06, 2023

In the last Fed policy meeting, a 25 basis points rate hike was announced with a less hawkish tone. However, US job market data and comments from Fed officials scheduled this week will be very important to watch for.

Monday February 06, 2023

A host of companies including Airtel, Adani Green, Hero MotoCorp among others will announce their third quarter results on Tuesday. >> For more such web stories click on the ET icon below

Monday February 06, 2023

Transmission business revenue growth was driven by newly commissioned JKTL and WRSS XXI (A) and recently commissioned lines. Distribution revenue increased on account of a consistent uptick in energy demand," the company said in a release.

Monday February 06, 2023

The recent price action on the benchmark front indicates uncertainty among participants and that might continue in the near term. Traders should thus maintain their focus more on identifying opportunities in the sectors that are showing resilience. However, it’s easier said than done as we’re seeing restricted participation. Also, managing overnight risk is equally important citing the prevailing volatile scenario

Monday February 06, 2023

The Nifty Pharma index closed 0.07 per cent up at 12193.1.

Monday February 06, 2023

The NSE Nifty index closed 89.45 points down at 17764.6

Monday February 06, 2023

The NSE Nifty index closed 89.45 points down at 17764.6

Monday February 06, 2023

Monday February 06, 2023

Divis Labs, JSW Steel, Hindalco, Tata Steel and Kotak Bank were among the top losers on NSE in today's trade.

Monday February 06, 2023

To curb possible misuse of investors' money by brokers, Sebi has proposed to stop trading members and clearing members from retaining any part of client funds at the end of day and move the entire funds to the clearing corporation on the same day. At present, when an investor places funds with a broker a portion of such money is retained by the broker, and a part by the clearing member, before passing the remaining amount to the clearing corporation. In its consultation paper, the regulator has proposed mandating daily upstreaming of all investor funds from stock brokers and clearing members (CMs) to Clearing Corporations (CCs). Investor funds in surplus of exchange margin requirements may in turn be placed by CCs in very low-risk and liquid overnight money market instruments. The proposal also considers independent daily confirmation to investors around their daily funds position in the securities market ecosystem. While the proposal could reduce the float income implicitly enjoye

Monday February 06, 2023

The 30-share BSE Sensex closed down 334.98 points at 60506.9

Monday February 06, 2023

In the Nifty pack, 18 stocks closed in the green, while 32 stocks ended in the red.

Monday February 06, 2023

The 30-share BSE Sensex closed down 334.98 points at 60506.9

Monday February 06, 2023

The Nifty Bank index closed 0.3 per cent down at 41374.65.

Monday February 06, 2023

Analysts have said that the government’s decision to convert Vi’s accrued interest into equity will help the telco get some existing bank debt refinanced in the immediate future, which will help free up cash to pay vendor dues particularly to Indus Towers as well as for immediate capex needs

Monday February 06, 2023

Indian shares closed lower on Monday amid pressure on most global markets after bond yields headed northwards. >> For more such web stories click on the ET icon below.

Monday February 06, 2023

The Nifty Realty index closed 0.52 per cent up at 408.0.

Monday February 06, 2023

Monday February 06, 2023

Uniphos Enter, Chaman Lal Setia, Mold Tek Tech, Cadila Healthcare and M&M Financial, hit their fresh 52-week highs during the day.

Monday February 06, 2023

The Nifty Auto index closed 0.13 per cent down at 13360.15.