Markets experienced a volatile session on Wednesday but managed to extend their upward trend, with a sharp rally in the fag-end. In today’s trade, shares of SpiceJet, Puravankara, ASK Automotive, Adani Green, Vedanta among others will be in focus due to various news developments. SpiceJetSociete Generale sold shares worth Rs 47 crore in SpiceJet through … Read more
Equity indices hit their fresh record levels on Thursday after lower-than-expected inflation raised hopes of an interest rate cut by the RBI. In today’s trade, L&T Finance, Ambuja Cement, Vodafone Idea, Puravankara, Wipro among others will be in focus due to various news developments. L&T Finance Morgan Stanley bought 3.13 crore equity shares in L&T … Read more
Puravankara’s board of directors on Thursday approved a Rs 1,000 crore fundraising plan via the qualified institutional placement (QIP) mode in one or more tranches. The Instruments to be issued under QIP could be equity shares or debentures. The Bengaluru-based real estate developer has projects in major Indian cities including Bengaluru, Mumbai, Pune, Goa, Hyderabad, … Read more
In a steep fall from the previous week, the number of smallcap stocks that offered double-digit returns this week were only 24. Last week, as many as 400 smallcaps rose in double-digits. The market sentiments worsened as the week went on as investors’ hopes for a June rate cut were dashed by higher-than-expected inflation in … Read more
