Starting August 1, stocks such as Adani Power, Yes Bank, Suzlon, Hudco, Bharat Dynamics, Bharti Hexacom, IRB Infrastructure, NBCC, Go Digit, Tata Investment, Paytm, and Inox Wind, among 1,010 securities, will not be accepted as collateral. This change comes as the National Stock Exchange (NSE) revises the criteria for securities eligible as collateral. NSE Clearing … Read more
India Inc had a strong end to the last fiscal year 2023-24 with profitability in the fourth quarter beating most analysts’ estimates. Sectors such as autos, industrials and PSU banks posted a strong quarter, whereas earnings of consumers and exporters were weak. ETMarkets analysed the results of BSE500 companies in FY24 and found that about … Read more
Shares of Tata Chemicals, which rallied 36% in the last 4 trading sessions, hit the 10% lower circuit limit at Rs 1,183.45 on BSE in Monday’s trade as the Tata Group is said to be trying to avoid the Tata Sons IPO. The impact was also felt on Tata Investment Corporation shares which hit the … Read more
