The unwinding followed the Reserve Bank of India’s imposition of restrictions on lenders’ net onshore open FX positions, prompting a rush to lower positions aimed at benefitting from gaps between onshore and non-deliverable forwards.
The yield on the benchmark 10-year sovereign bond went up to nearly 7.13% before cooling off as the RBI’s monetary policy review went underway on April 6.
Besides the bonus issue of shares, Anand Rathi Wealth has also paid dividends worth ₹57 per share to its shareholders since January 2022 and has also carried out a buyback of equity shares in June 2024.
Markets extended gains for a third session, with the Nifty closing above 22,950, led by banks and heavyweights, as sentiment improved on easing West Asia tensions.
Bitcoin briefly tops $70,000 as Iran ceasefire hopes and Trump threats roil markets, shorts unwind, ETFs see steady inflows while price stays in a $65,000 to $75,000 range
The rally was backed by strong volumes. Over 2 crore shares changed hands during Monday’s session, significantly higher than the 20-day average of around 14 lakh shares.
Max Estates shares rise after FY26 pre sales hit ₹5,305 crore, driven by strong Q4 and projects in Noida and Gurugram, net debt stays low, stock still down 30% in 6 months
The Supreme Court allowed Adani Enterprises’ JAL resolution plan to proceed but said major decisions need NCLAT approval, while agreeing to hear Vedanta’s challenge on April 10.
SEBI chief Tuhin Kanta Pandey flags West Asia risks and AI challenges, stresses stronger corporate governance.
Waaree Energies has commenced operations at its 3000 MW solar module facility in Gujarat, marking a key capacity addition as the company scales up manufacturing amid ongoing expansion plans.