Promoters of at least 50 mid and small-cap companies have acquired shares of their firms from the open market since March 1 in the wake of declines in prices of many of these stocks. Jindal Stainless, JSW Energy, Zydus Wellness, Nuvoco Vistas, and Bharat Wire are among the companies in which promoters have purchased shares … Read more
Mumbai: Indian equity indices dropped almost half a percentage point Friday, paring Thursday’s gains, as valuation discomfort continued to weigh on investors after regulatory caution over likely bubbles in the riskiest pockets of equity assets. Of the 50 stocks in Nifty, 11 advanced and 39 declined. “The investors in the markets are worried after the … Read more
Mumbai: Indian equities rose about 1% on Wednesday, recouping a portion of the previous day’s losses, as traders covered some of their bearish bets ahead of the expiry of the January series futures & options contracts. Analysts said the undertone remains cautious with foreign investors turning sellers in recent trading sessions.The Nifty rose 215.15 points, … Read more
