Markets
FIIs dump Indian stocks for 10th straight week as markets slide: Is the worst over or more pain ahead?
The Nifty 50 declined in all four sessions of the holiday-shortened week, hitting an intraweek low of 22,372 on Friday before closing 2.4% lower at 22,600. The Bank Nifty fell 2.8%, while the Nifty Midcap 100 and Nifty S
The Nifty 50 declined in all four sessions of the holiday-shortened week, hitting an intraweek low of 22,372 on Friday before closing 2.4% lower at 22,600. The Bank Nifty fell 2.8%, while the Nifty Midcap 100 and Nifty Smallcap 100 plunged 5.6% and 7.3%, respectively, as selling pressure intensified beyond frontline stocks.
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Source reference: Economic Times
During this period, around 123 stocks in the BSE 500 index declined in each of the five sessions. Of these, we identified 13 stocks that fell between 15% and 25% over the same period. (Data Source: ACE Equity)"
The issue, which closed for subscription on October 23, received an overwhelming response from investors, with the overall subscription reaching 22.19 times the shares on offer. The offering has also become India’s large
Kotak Mahindra Bank has announced an impressive 26% year-on-year increase in consolidated profit after tax for the second quarter, highlighting strong financial performance. Their standalone profit after tax surged by 29
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