The rupee ended flat at 85.64 against the US dollar on Wednesday (January 1), weighed down by importers’ dollar bids and weak foreign inflows, marking its seventh consecutive session of record closing lows.
Samir Arora, Founder and Fund Manager of Helios Capital said that FIIs are moving away from their past investments in sectors like consumer goods and automobiles and putting money into new IPOs, many of which are expected to offer high…
Although global volatility impacted domestic markets, the BSE Sensex has continued an upward trend since January 2017, rising 193% until December 2024.
The company produced 4.71 million tonnes (MT) of iron ore in December 2024, compared to 4.48 MT in the same period last year. Shares of NMDC Ltd ended at ₹65.98, up by ₹0.030, or 0.045%, on the BSE.
SEBI has introduced a new compliance framework for listed companies, mandating integrated filing for governance and financial disclosures starting with the quarter ending December 31, 2024.
Investors in Nippon Life India MF schemes suffered ₹1,830-crore losses after AT-1 bonds of YES Bank were written down. SEBI is investigating a possible quid pro quo arrangement.
Bhavesh Shah, MD & Head of Investment Banking at Equirus Capital credited mutual funds for conducting thorough evaluations before participating in IPOs, which has also helped maintain pricing discipline.
The firm, which had filed its draft papers on September 27, is backed by marque investors TPG and Temasek and holds a 71.90 percent stake in subsidiary Dr Agarwal’s Eye Hospital, which was incorporated back in 1994.
Lloyds Metals & Energy reported record operational growth for 9MFY25, with DRI production up 22% YoY and iron ore output at 8.6 mn tonnes.
Shares of Reliance Power Ltd ended at ₹44.68, up by ₹2.12, or 4.98% on the BSE.