Adani Enterprises’ Rs 400 crore public issue of non-convertible debentures was fully subscribed by 121% on the first day, driven by retail investor interest. The NCDs offer an annual yield of 9.25% to 9.90% and have tenures of 24, 36, and 60 months. The issue closes on September 17.
Around nine equity mutual funds are down by more than 15% from their respective 52-week high NAV.
Gold prices jumped Rs 350 to Rs 79,200 per 10 grams in the national capital on Friday on the back of continued buying by jewellers
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