LiveSEBI Move May Curb Sponsor Participation in INvITs, REITs
The Securities and Exchange Board of India (SEBI)’s new consultation paper offers that at least one sponsor of a REIT (real estate investment trust) or...
Category : MARKETS
Wall Street Closes Sharply Lower in Biggest Weekly Loss of 2023
Wall Street’s main indexes posted their biggest weekly losses since 2023 after sharp losses on Friday. Investors braced for a more aggressive rate hike by...
SpiceJet Shares Soar 15% as Q3 Net Profit Jumps Five-Fold to Rs 107 Crore
Shares of SpiceJet rose 15% to Rs 40.75 on the BSE in intraday trade on Friday after the company’s standalone net profit jumped five-fold to...
GAIL India Share Rises 5%, Hits 8-Month High on Heavy Volumes
Shares of GAIL India rose 5% in intraday trade on Wednesday, hitting an eight-month high of Rs 103.30 on the BSE on heavy volume. Shares...
Olectra Partners with RIL to Launch Hydrogen-Powered Buses, Shares Up 20%
Shares of Olectra Greentech rose 20% to Rs 482.45 on the BSE in intraday trade on Friday after the company launched its first hydrogen-powered bus...
NSE Indices Launches India’s First Ever Nifty India Municipal Bond Index
On Friday, NSE Indices Ltd, a subsidiary of the NSE, said it had launched the country’s first municipal bond index. The new Nifty India Municipal...
Policybazaar Hits More Than 5-Month High, Shares Soars 30% in February
Shares of Policybazaar’s parent company PB Fintech hit a more than five-month high of Rs 559, rising 7% on the BSE in heavy volume in...
Mahindra CIE Share Rallies 9% to 52-Week High
Shares of Mahindra CIE surged 9% to Rs 423.90 and hit a 52-week intraday trade on Friday after the company posted a 96% year-on-year rise...
Isgec Heavy Engineering Shares Soar 3% on Bagging Order
Shares of ISGEC Heavy Engineering Ltd surged 3% intraday on February 24 after the company secured an order to supply seven waste heat recovery boilers....
Redington India Shares Rise After Block Deal, Synnex Mauritius Likely Seller
Redington India shares unlocked 5% higher on February 24 after 24.13% equity of the corporation worth Rs 3,200 crore altered hands in a block deal...