Tag: BSE
-
India’s BSE Becomes 4th Largest Stock Exchange In The World
India’s stock market has recently achieved a major milestone, surpassing Hong Kong’s market in terms of total value. As of the latest Bloomberg report, the total worth of all shares on Indian stock exchanges is now $4.33 trillion, slightly more than Hong Kong’s $4.29 trillion. This is the first time India has climbed to the ... -
Muthoot Microfin Shares Open At 6% Less Than IPO Price On BSE
Muthoot Microfin has recently made a big step by offering its shares to the public, known as an IPO (Initial Public Offering). Muthoot Microfin is a well-known company, part of the Muthoot Pachappan Group. The company has decided to sell their shares from December 18 to 20. In an IPO, companies sell their shares to ... -
BSE Approves Share Buyback Plan Worth Up To ₹375 Crore
The Bombay Stock Exchange (BSE Ltd), the oldest stock exchange in India, has announced a share buyback plan. The company’s board of directors has approved the buyback of shares worth up to ₹374.80 crore. The buyback will be conducted through a tender offer, where existing shareholders can sell their shares back to the company at ... -
Sensex bounces back with over 400 points with auto & metal stocks gain, Nifty traded above 10,900
BSE Sensex rose over 400 points on Friday with rebound in equity indices. The rise was recorded in early trade that was led by gain in metals and auto stocks. NSE nifty traded over 10,900 level. BSE top gainers included TCS, Mahindra & Mahindra, IndusInd Bank, Bajaj Auto and HCL Tech. Their stocks recorded a ... -
Reliance dismisses reports of $20 billion deal with Amazon
Reliance Industries Ltd. has dismissed a report that it was planning to sell a $20-billion stake in its retail business to its American rival Amazon. The report was published by Bloomberg on Thursday stating that Mumbai-based RIL is willing to offer an approximate 40 percent stake in its subsidiary Reliance Retail Ventures Ltd. (RRVL) to ... -
Market Buzz: Vedanta board approves of its delisting, share price slides
One company that has created a lot of buzz in the Indian market is Vedanta Limited over its proposal to delist the company. Yesterday, the board of Vedanta met and approved to go ahead and delist the company. The BSE on 18 May was informed about the board decision. The resolution voting of board members ... -
Black Friday, again: Here are three key reasons why market crashed today
Banking stocks took a beating on Friday following developments around YES Bank. The private lender’s board was superseded by the Reserve Bank of India (RBI). Mirroring global peers, the Indian stock market, too, crashed on Friday as a double whammy of Coronavirus jitters and a sharp sell-off in banking space owing to developments around State ...
