Latest Stock Market News

Central bank data showed that overall retail credit transfers through various platforms rose 20% in value and 77% in volume in December 2021 over last year.

FM said the government was analysing if there had been "enough application of mind in dealing with this" on the part of the market regulator, and if after applying its mind, Sebi took adequate corrective steps. This is the first public statement from the government on the issue.

One of the people said a possible dollar-bond floatation in offshore markets could only be in the latter part of the April-June quarter. The geopolitical uncertainties have sent global benchmark gauges higher, making such borrowings costlier.

The company sold 5,41,797 shares at an average price of Rs 99.40 per share. This is the third instance in three weeks when Delta Corp has sold its stake in the resort operator.

V Vaidyanathan, managing director and chief executive officer, has gifted 9,00,000 equity shares of IDFC FIRST Bank held by him on February 21, 2022, the bank said in a regulatory filing on Monday.

Separately, Citi Group Markets Mauritius Pvt Ltd sold shares of L&T Finance Holdings at the same price.

Current market levels imply a 5% discount is already priced into U.S. stocks, while European stocks carry an 8% geo-political discount, Goldman wrote.

The company will be the second pharmacy chain going for an IPO after Hyderabad-based MedPlus.

“With a view to elongating the maturity profile of its forward book and smoothen the receivables relating to forward assets, it has been decided to undertake a sell/buy swap auction,” the RBI said on Monday.

“These are the four big tech IPOs that came and which are down between 30% and 50-60%. Probably this week I will pull the trigger. Again, we are waiting for the result of the UP elections. People are saying that if BJP wins UP, Nifty will go to 18,000 and if the BJP loses, it will go to 16,000. ”