Sebi to enhance reporting of group-level transactions
Separately, the regulator said it is reviewing the eligibility criteria for introduction and continuation of stocks in the derivatives segment.
SBFC Finance public issue subscribed over 70 times
The qualified institutional buyer portion was subscribed 193 times, while the non-institutional investor’s portion was subscribed 49.09 times. Retail portion was subscribed 10.98 times.
FTSE Russell to raise HDFC Bank’s weight in Emerging All Cap
The first tranche will be implemented in the September review, the second one in the December review, and the last in March 2024.
India may retake number 2 spot on MSCI EM Index
Following the rebound in domestic equities from the year’s low late in March, the weight of Indian stocks in the MSCI EM index has risen from 12.97% at the end of January to 14.21% currently, the highest rise among peers in the basket.
Nifty Pharma index hits a new high as investors lap up defensives
Analysts said the recent surge in pharma shares is part of a catch-up rally as many of them have not participated in the broader market upmove in recent years.
Qatar Investment unit buys 2.7% in Adani Green for Rs 3,920 crore
Infinite Trade and Investment, a promoter entity of Adani Green Energy, sold 4.48 crore shares, or 2.8%, at ₹920.43 apiece for ₹4,131 crore.