Equity indices traded at fresh highs during the mid-afternoon session buoyed by broadly positive Asian indices, coupled with upbeat quarterly corporate earnings.
Key Indian equity indices traded at fresh highs during the mid-afternoon session, with both the BSE Sensex and Nifty50 scaling record intra-day highs as well.
Key Indian equity indices opened at fresh highs during the early morning trade session.
Key Indian equity indices, which opened at fresh levels, slipped during the mid-afternoon trade session with heavy selling pressure in almost all the sectoral indices.
Global cues along with healthy buying in capital goods, healthcare and banking stocks lifted the Indian equity to trade with gains for the third consecutive session.
Negative European indices, coupled with heavy selling pressure in banking and auto stocks, pulled the key Indian equity indices lower.
US dollar ends higher against rupee
Mumbai: The US dollar ended sharply higher against the rupee at 64.21/22 per dollar and the pound sterling also finished higher at Rs 90.34/36 per pound at the close of the Interbank Foreign Exchange (forex) market here today.
Following are the Interbank forex and RBI rates: (In Rs per unit) Unit Interbank RBI Reference US Dollar 64.21/22 US Dollar Rs 63.9097 Pound Sterling 90.34/36 Euro Rs 80.1683 Euro 80.18/20 Japanese Yen (100) 60.50/52
Approves Allotment Of 24.9 Mn Shares On Preferential Basis To 8 Investors
Approves Allotment Of 24.9 Mn Shares At Rs 1,726.05/Share
MAHINDRA & MAHINDRA
To invest in Zoomcar India, Zoomcar Inc, U.S.
To invest Rs 176 cr in Zoomcar India
Initial investment in Zoomcar India likely to be completed by Feb 20
Additional investment in Zoomcar India expected to be completed by Aug 31
Co’s stake to increase to 16%
RBI inspection had found diversion of funds within group firms
Funds to the tune of Rs 525 cr given to intermediary borrowing cos
Religare Finvest increased corporate loan book against RBI’s directions
RBI has asked for clarity on rollover of fixed deposits with a bank
Findings suggested continued weakness of internal controls
Economic Times Reports
SC Allows Sale Of Fortis Health Shares Pledged With Lenders
SC allows Axis Bank, Yes Bank to sell, transfer pledged share of Fortis
Earlier, SC had restrained financial institutions from selling pledged shares
Business Standard Reports
Granted European GMP certification from Hungarian regulators for Mfg plant at Goa