BNP Paribas Arbitrage sells Bharti Airtel shares worth Rs 105 crore
The shares were sold at an average price of Rs 762.55 per piece, taking the transaction value to Rs 105.41 crore.
HAL OFS successful despite tough markets as QIBs, retail investors show high interest
The retail portion of the OFS also received an overwhelming response, with the government getting bids for 14,50,924 shares against 11,70,357 shares on offer for the category.
YES Bank among 5 stocks that saw target price cuts by Kotak
Government proposes tax relief for REITs, InVITS
However, the government on Friday proposed to soften the tax impact on Real estate investment trusts (REITs) and Infrastructure investment trusts (InVITs) through amendments to the Finance Bill 2023. The Bill has been approved by the Lok Sabha.
Tech View: Nifty charts hint at downside towards 16,800 levels. What should traders do next week
The recent fall has faded hopes of sustained recovery, and we might again end up seeing range-bound moves in the index. Needless to say, the major support is intact at 16,800 in Nifty. We thus reiterate our view to limit positions and maintain positions on both sides.
FinMin clarifies on confusion over STT hike on selling options
The Finance Ministry has said it will soon issue a clarification on STT and that if the tax is already higher, then necessary changes would be made as the intention was to increase the tax and not reduce it.
Importance of fixed income schemes has been growing quite consistently: A Balasubramanian
I also believe that the way the mutual funds have been playing the development role on the bond market, which I think is one of the most needed for the country as a whole, in addition to the equity market.
Wait for Nifty IT index to move beyond 28600 for a recovery up to 30000: Sudeep Shah
However, now going forward 16950-17000 support zone will be very important because if we see the derivative data 17100 as well as 17000 puts, we are witnessing a clear addition.
Here’s why Srinivas Rao Ravuri is bullish on the pharma sector
Overall, mutual funds are playing a relatively lower role in corporate bonds, I think given the focus of regulator and focussing on AAA or super high quality.
Positive Breakout: These 5 stocks crossed their 200 DMAs
The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend