Global equities staged a partial comeback on Wednesday, after Britain’s central bank launched an emergency bond buying programme to stabilise the bond market in an attempt to dampen investors’ concerns of a contagion across the financial system. [MKTS/GLOB]
Foreign institutional investors sold a net 27.72 billion Indian rupees ($340.5 million) worth of equities on Wednesday, while domestic investors purchased 25.44 billion rupees of shares, as per provisional data available with the National Stock Exchange.
The Nifty metals index rose 2.5%, while the auto index gained 1.4%
Indian cosmetics-to-fashion retailer Nykaa’s parent FSN E-Commerce Ventures rose 4.3% after the company said it will consider an issue of bonus shares.
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Reliance Industries Ltd’s retail unit launched its first in-house premium fashion and lifestyle store on Thursday, as the billionaire Mukesh Ambani-led company continues to grab a bigger slice of India’s luxury market. The new store chain called Azorte, the first of which was launched in Bengaluru, will compete with the likes of Mango and Industria de Diseno Textil SA-owned Zara, and cater to millenials and Gen Z.
Price as on 29 Sep, 2022 11:56 AM, Click on company names for their live prices.
Sensex off day’s high, trades only 100 points higher
ADANI ENTERPRISE: Co said to increase its share free float in a move that could improve trading liquidity (Source: Media reports)
Price as on 29 Sep, 2022 11:34 AM, Click on company names for their live prices.
Food for thought?
Bank of England does an about turn and buys Gilts which is printing new money. Till now it was tightening to contr… https://t.co/Dgfrnpgdlm
— Uday Kotak (@udaykotak) 1664419558000
Supriya Lifescience got certification of suitability from Europe agency for diphenhydramine hydrochloride.
Price as on 29 Sep, 2022 11:14 AM, Click on company names for their live prices.
Check out the top gainers from the metal & mining pack; Hindalco leads
Price as on 29 Sep, 2022 11:13 AM, Click on company names for their live prices.
BUZZING STOCK: Go Fashion
#StocksInFocus | Go Fashion -Up 15.5% MTD -Biggest monthly gain since listing -Hit an all time high intraday… https://t.co/KoryncIkCj
— ET NOW (@ETNOWlive) 1664426972000
Lupin gets warning letter from USFDA for Tarapur facilit
Adani Green Energy commissions 600 MW wind-solar hybrid power plant in Rajasthan
- Plant has 25-year power purchase agreements with seci at 2.69 rupees/KWH
- Total operational renewable capacity increases to 6.7 GW
Suzlon Energy on Wednesday announced opening of its Rs 1,200 crore rights issue on October 11, 2022. “Suzlon Energy Ltd announces the opening of its Rs 1,200 crore rights issue on October 11, 2022,” a company statement said.
Price as on 29 Sep, 2022 10:30 AM, Click on company names for their live prices.
Kotak Institutional Equities initiated coverage on KIMS with a buy rating and a target price of Rs 1590. Armed with a solid execution track record, a calibrated expansion approach, and a healthy balance sheet, KIMS is well positioned to build on its strong hospital network in AP/Telangana with entries in neighboring states.
Price as on 29 Sep, 2022 10:22 AM, Click on company names for their live prices.
FMCG index gains over 1%; check out the top gainers from the pack
Price as on 29 Sep, 2022 09:57 AM, Click on company names for their live prices.
TotalEnergies SE said it could sell a small part of its 20% stake in Adani Green Energy Ltd. to cash in on the jump in the valuation of the Indian renewable energy producer. Patrick Pouyanne, the chief executive officer of TotalEnergies, said in response to a question during an investor presentation on Wednesday that the appreciation in value is “a source of potential cash.”
Price as on 29 Sep, 2022 09:55 AM, Click on company names for their live prices.
Stay with largecap cos, like Banks and Defence: Sanjay Mookim
#NavigatingVolatility | Sanjay Mookim of JP Morgan says -Stay with largecap cos, like Banks and Defence -Festive… https://t.co/UBUMvuJML0
— ET NOW (@ETNOWlive) 1664424596000
Adani Enterprises, BEL, Adani Total Gas, HAL, PowerGrid, IRCTC, and Mphasis, among others, will see inflows ranging between $26 million and $189 million on September 30, when the NSE rebalances its key indices such as Nifty 50, Nifty Bank, and CPSE Index, according to Edelweiss Alternative & Quantitative Research.