Govt borrowings via a single bond top Rs 2-lakh crore
After its last auction in the primary market on January 19, the outstanding amount on a bond maturing in 2063, has risen to ₹2.04 lakh crore, Reserve Bank of India (RBI) data showed. The outstanding amount refers to the amount the government has borrowed by issuing a bond.
FPIs warm up to the power stocks amid rising electricity demand
The FPIs’ assets under management (AUM) in the power sector rose by 39% to $31 billion in the past three months compared with 16% growth in their total equity AUM. Power stocks received an FPI inflow of $242 million over the past month, accounting for 8% of the total inflow.
Brokers divided over Sebi proposal to extend trading hours
The chief of the Securities and Exchange Board of India(Sebi) on Monday said there are many divergent and diverse views right now, even among the broking community. Last year in September, the National Stock Exchange had submitted a proposal to Sebi to allow an evening session, between 6 pm and 9pm, when market participants can […]
RIL hits new high, m-cap tops Rs 19 lakh crore
With a sharp rally in the Reliance stock, the net worth of Mukesh Ambani, the chairman of Reliance Industries, jumped $6.7 billion on Monday to $111.1 billion, according to the Forbes Real-Time Billionaire list.
RBI opts not to sterilise some rupee liquidity amid positive foreign flows
However, the direction of equity gauges would determine the efficacy – and longevity – of the plan. The gauges turned negative in January after two months of purchases. However, foreign inflows into bond markets remain positive this month.
Bajaj Finance Q3 net profit rises 22% on strong loan growth
Assets under management (AUM) grew 35% to ₹3.10 lakh crore during the quarter from ₹2.30 lakh crore a year ago led by a strong growth in two- and three-wheeler finance, urban loans and SME lending.