NBFCs likely to see rise in bond market borrowing costs November 18th, 2023 08:27
On Thursday, among other steps aimed at de-risking the credit market, the RBI announced an increase in risk weights on loans given by banks to NBFCs, effectively pushing up capital needs for all classes of lenders. That will mean higher interest rates for all borrowing segments.

Use Futures Open Interest to guage moves firms up: Shubham Agarwal November 18th, 2023 08:27
Rising OI means that there is fresh trading interest entering the market, while falling OI is indicative of reducing trading interest

Gold set for best week in four on Fed pause bets November 18th, 2023 08:27
Spot gold was steady at $1,980.20 per ounce by 2:45pm ET (1945 GMT) after rising to a two-week high earlier in the session. Prices were up about 2.2 percent so far this week.

Tata Tech, IREDA among 6 firms to go public next week to raise Rs 7,400 crore November 18th, 2023 07:27
The IPOs next week include Tata Technologies, the first Tata Group firm to go public almost 20 years, and Indian Renewable Energy Development Agency, the first government offering since LIC in May 2022

Will the rally in small PSU bank shares sustain? November 18th, 2023 07:27
Expert expects to see derating in smaller PSBs as the surge in other income, the primary driver of superior RoE (return on equity) in FY23 could be transient.

UBS tags India as ‘least attractive’ market, warns of poll risks, crude surge November 18th, 2023 06:27
Morgan Stanley and Barclays bet on domestic cyclical including financials, consumer and industrial stocks.

Ola Electric converts into public limited company ahead of IPO filing November 17th, 2023 23:27
The conversion of a private limited company into a public company is a mandatory step for a firm that wants to list on the stock exchange. Consequently, the name of the firm has been changed to Ola Electric Mobility Ltd from Ola Electric Mobility Private Limited, according to the regulatory filings.

Softbank offloads nearly Rs 740 crore worth of shares in Delhivery November 17th, 2023 23:27
With this deal, the total shareholding of SVF in Delhivery seems to have dropped to around 12 percent, now.

SoftBank pares 2.5% stake in logistics firm Delhivery worth Rs 739 crore November 17th, 2023 22:27
The shares were disposed of at an average price of Rs 403.51 apiece, taking the aggregate deal size to Rs 738.64 crore.

Dollar poised for steep weekly fall, dollar-yen snaps below 150 November 17th, 2023 22:27
Cooler-than-expected U.S. inflation data on Tuesday and Wednesday reset market expectations for how soon the Federal Reserve will cut rates and weighed on the dollar. The greenback is poised for its biggest weekly drop since July, down 1.6% over the past five days, and second-biggest decline this year.