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Market participants like UR Bhat, director of FII advisory Dalton Capital Advisors, believe that while the index could test the August 31 high of 11,794.25, the fact that FIIs have begun to hedge at the current 11,600 level implies “caution”.
UK, Singapore funds invest in low-cost housing co JanaadharTree Line has invested Rs 22.5 crore in equity raising its stake in the company with Reall putting Rs 49.5 crore in debt. Other existing investors have put in another Rs 5 crore between them, senior officials with Janaadhar s… Read MoreKey golden crossover hints at more gains for realty stocksAnalysts said real estate stocks are rising as residential sales volumes in some top cities are picking up. The BSE Realty index ended up 5 per cent at Rs 2,396.64 on Wednesday.
from Stocks-Markets-Economic Times https://ift… Read MoreUK’s Liberty Group buys bankrupt SBQ SteelsLiberty paid Rs 262.45 crore plus interest of Rs 8 crore to take the Nellore based steel company, its second acquisition through the bankrutpcy process after acquiring the bankrupt Adhunik Metaliks and its associate Zion Stee… Read MoreStrong sugar cos to benefit from export subsidyBalrampur Chini closed down 3% at Rs 176.5, Dhampur Sugar was down almost a percent at Rs 177.70 while Triveni ended three fifths of a percent lower at Rs 78.45. Renuka Sugars was up 2.6% at Rs 13.75 and Eid Parry closed up 1… Read MoreRBI identifies cross border payments for the second leg of 'sandbox' innovationUnder the program which commenced earlier this year, banks, fintech and technology companies can collaborate and run real-time experimental pilots under the supervision of a central bank team who can then determine the effica… Read More
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