In August, global index provider MSCI decided to increase the weight of HDFC Bank in two tranches – first in August, and then in November. This was contingent upon foreign investors’ headroom remaining 20% at the least.
Nomura acquired over 4.1 lakh shares in Azad Engineering for Rs 66 crore through a block deal at an 8% discount. Despite the investment, Azad’s
Indian stock benchmarks Sensex and Nifty recorded their first weekly gain this week after two straight weeks of decline. On the weekly front, the BSE
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