Markets

BSE Institute inks MOU with GIFT City for training in finance and capital markets

BSE Limited’s financial services training arm, BSE Institute Limited, has signed a memorandum of understanding (MoU) with GIFT SEZ Ltd. to offer courses in finance and capital markets. GIFT SEZ houses India’s first International Financial Services Centre (IFSC). Under the MOU, BSE Institute will develop, launch and conduct programs related to International Financial Services Centre […]

Markets

India Pesticides raises Rs 240 crore from 12 anchor investors

Lucknow-based India Pesticides Ltd, an agro-chemical manufacturer of technicals, has raised Rs 240 crore from 12 anchor investors at Rs. 296 a share. The company allotted 81.08 lakh shares to the anchor investors. Abu Dhabi Investment Authority, Wells Fargo, Plutus, Millenium, Tara and BNP Paribas were the six foreign portfolio investors, who were allocated a […]

Markets

FPIs increase exposure in banking and financial stocks

  Foreign portfolio investors (FPIs) have increased their exposure in banking and financial stocks in the 30 days between May 16 and June 15 after being net sellers in the sector since the beginning of the current fiscal. According to the latest data available with depositories, foreign investors have pumped in ₹10,806 crore in the […]

Markets

Four of top-10 firms add Rs 68,458.72 crore in m-cap

Four of the 10 most valued companies together added Rs 68,458.72 crore in market valuation last week, with Hindustan Unilever Limited (HUL) and Infosys emerging as the biggest gainers. While Reliance Industries Limited (RIL), Tata Consultancy Services (TCS), Infosys and HUL were the gainers from the top-10 list, HDFC Bank, HDFC, ICICI Bank, SBI, Bajaj […]

Markets

Cryptocurrency: Investors can wait till clarity emerges

With risk-on sentiment in full flow, any volatile asset these days catches the imagination of retail investors. Cryptocurrencies such as Bitcoin have not lagged behind, as many retail investors are attracted to it in India. According to industry estimates, there are 10 million crypto investors in India with total holdings of $1.36 billion. After tasting […]