A report by Nuvama says that with current high stock valuations companies are less inclined to give dividends or buy back shares. On the other hand, companies feel reinvesting amid weak growth shall raise supply and have its own risk.
Foreign institutional investors (FIIs) have pulled out a massive Rs 20,024 crore from Indian equities this week alone, resulting in a 2.5 per cent dip in the key stock indices, Nifty and Sensex.
The Sensex plunged by 662.81 points, ending the day at 79,402.29, while the Nifty fell 218.60 points to close at 24,180.80. Among Nifty-listed companies, only 12 stocks advanced, whereas 38 stocks declined, reflecting a broad-based sell-off across sectors.
Mumbai (Maharashtra) [India], October 25: Affordable Robotic and Automation Limited (ARAPL), a Vijay Kedia-invested company, has achieved a significant milestone by listing on the National Stock Exchange (NSE) and migrating from the BSE SME Exchange to the BSE Main Board. Originally IPO pric
Mumbai (Maharashtra) [India], October 25: The National Stock Exchange (NSE) has approved the Draft Red Herring Prospectus of C2C Advanced Systems Limited for IPO. The company is going public through an IPO for the purchase of fixed assets, fit-outs at new premises at Bengaluru and Experience
The Sensex fell by 84.98 points, opening at 80,166.96, while the Nifty slipped by 15.35 points to start at 24,420.15. Among Nifty companies, market breadth was slightly negative, with 21 stocks advancing, 27 declining, and 2 remaining unchanged.
3 lakh tons of Chana stock from the price stabilization buffer is being converted to Chana Dal and Chana Whole, with retail prices set at Rs70 per kg and Rs58 per kg, respectively.
Mumbai (Maharashtra) [India], October 23: Metropolitan Stock Exchange - Investor Protection Fund Trust (MSE -IPFT) strongly believes in the inclusive growth of markets and investing community. The last two years during WIW were focused on LGBTQ communities and Millennials and Responsible Inv
Mumbai (Maharashtra) [India], October 23: Red Hat, Inc., the world's leading provider of open source solutions, announced the winners of the Red Hat APAC Innovation Awards 2024 for India today. Red Hat recognised the noteworthy milestones achieved by National Stock Exchange India Limited, Ba
The selling pressure continues in the Indian markets on Wednesday for the third consecutive day this week as the bears continuously pull the indices down.