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FPI buying in Indian shares falls in first half of August Foreign portfolio investors' (FPIs) purchases of Indian shares fell to a five-month low in the first half of August, amid declines in domestic and global equities due to rising interest rate concerns in the U.S. and worries over China's economy. FPIs bought shares worth 7.37 billion rupees on a net basis in the first half of August, data from the National Securities Depository Ltd (NSDL) showed on Monday. On a monthly basis, this is the lowest inflow since FPIs turned buyers in ...
FPI buying in Indian shares falls in first half of August
FPI buying in Indian shares falls in first half of August
Source: Reuters
21/08/2023 10:04:41 AM
Indian firms' funding costs from FPIs to rise by up to 40 bps -JP Morgan Changes to India's withholding tax regime will increase borrowing costs for Indian companies raising money from foreign investors by about 30 to 40 basis points, analysts at J.P.Morgan said on Thursday. Corporate Research analyst Aman Aggarwal said the change could pose some downside risk to the supply of funds, as issuers could tap the onshore market that can provide decent liquidity at competitive rates. "Companies that will be affected mostly include Indian renewable names. ...
Indian firms' funding costs from FPIs to rise by up to 40 bps -JP Morgan
Indian firms' funding costs from FPIs to rise by up to 40 bps -JP Morgan
Source: Reuters
10/08/2023 5:29:40 PM
FIIs stood as net buyers in equities as per August 02 data: NSDL In equity segment, the gross buying was of Rs 8703.05 crore against gross selling of Rs 8677.40 crore. Thus, FIIs stood as net buyers of Rs 25.65 crore in equities. In the debt segment, the gross purchase was of Rs 1348.51 crore with gross sales of Rs 304.02 crore. Thus, FIIs stood as net buyers of Rs 1044.49 crore in debt. In the hybrid segment, the gross buying was of Rs 24.83 crore against gross selling of Rs 11.15 crore. Thus, FIIs stood as net buyers of Rs 13.68 crore in hybrid seg...
FIIs stood as net buyers in equities as per August 02 data: NSDL
FIIs stood as net buyers in equities as per August 02 data: NSDL
Source: Accord Fintech
2/08/2023 4:47:08 PM
Rupee may struggle on dollar move, support seen near  The Indian rupee is likely to decline on Tuesday, pressured by the dollar's move higher versus its major peers and Asian currencies. Non-deliverable forwards indicate rupee will open slightly weaker to U.S. dollar from 82.2450 in the previous session. "Possibly a bit of a move higher (on USD/INR) at open and then a narrow range," a forex trader at a bank said. "Difficult to see (USD/INR) managing to climb above recent high of 82.35." The USD/INR's...
Rupee may struggle on dollar move, support seen near
Rupee may struggle on dollar move, support seen near
Source: Reuters
1/08/2023 8:55:50 AM
Rupee to track yuan`s slide at open, eyes 82.20/USD The Indian rupee is expected to decline on Wednesday, pressured by the yuan's fall on worries over China's growth outlook. Non-deliverable forwards indicate the rupee will open at 82.08-82.12 to the U.S. dollar, compared with 82.03 on Tuesday. With the yuan "back to losing ways", the rupee will struggle at the open, a forex trader said. "Anyway, (USD/INR) was not managing to slip below 82 and now we have an excuse to take it to the 82.20-82.30 resistance."...
Rupee to track yuan`s slide at open, eyes 82.20/USD
Rupee to track yuan`s slide at open, eyes 82.20/USD
Source: Reuters
19/07/2023 8:50:11 AM
Rupee to hang around 82/$ on soft dollar, RBI intervention bets The Indian rupee is expected to open little changed on Tuesday amid a mostly weaker dollar and expectations that the Reserve Bank of India may step in. Non-deliverable forwards indicate the rupee will open barely changed from 82.04 in the previous session. With the RBI "at least on the face of it" capping the downside (on USD/INR) at 81.80-81.85 and the dollar struggling overall, expect a range of 20 paisa on either side of 82, a foreign exchange trader said. The USD/INR im...
Rupee to hang around 82/$ on soft dollar, RBI intervention bets
Rupee to hang around 82/$ on soft dollar, RBI intervention bets
Source: Reuters
18/07/2023 8:39:23 AM
FIIs stood as net buyers in equities as per July 17 data: NSDL The FIIs as per Monday's data were net buyers in both equity and debt segments, according to data released by the NSDL.  In equity segment, the gross buying was of Rs 12814.46 crore against gross selling of Rs 9535.59 crore. Thus, FIIs stood as net buyers of Rs 3278.87 crore in equities. In the debt segment, the gross purchase was of Rs 464.08 crore with gross sales of Rs 423.44 crore. Thus, FIIs stood as net buyers of Rs 40.64 crore in debt. In the hybrid segment, the gross...
FIIs stood as net buyers in equities as per July 17 data: NSDL
FIIs stood as net buyers in equities as per July 17 data: NSDL
Source: Accord Fintech
17/07/2023 5:59:02 PM
Rupee likely to nudge higher; dollar index, flows key this week The Indian rupee is expected to inch up at open on Monday, with the focus being on the dollar index fares following last week's selloff and on overall flows. Non-deliverable forwards indicate rupee will open at around 82.10-82.12 to the U.S. dollar compared with 82.1650 in the previous session. The rupee's move is coming on the back of its best weekly performance in more than four months on cooling U.S. inflation - the local currency managed to strengthen past 82. "That ...
Rupee likely to nudge higher; dollar index, flows key this week
Rupee likely to nudge higher; dollar index, flows key this week
Source: Reuters
17/07/2023 8:47:32 AM
FIIs stood as net buyers in equities as per July 14 data: NSDL The FIIs as per Friday's data were net buyers in both equity and debt segments, according to data released by the NSDL. In equity segment, the gross buying was of Rs 13298.41 crore against gross selling of Rs 7647.76 crore. Thus, FIIs stood as net buyers of Rs 5650.65 crore in equities. In the debt segment, the gross purchase was of Rs 1068.82 crore with gross sales of Rs 1026.77 crore. Thus, FIIs stood as net buyers of Rs 42.05 crore in debt. In the hybrid segment, the gross buy...
FIIs stood as net buyers in equities as per July 14 data: NSDL
FIIs stood as net buyers in equities as per July 14 data: NSDL
Source: Accord Fintech
14/07/2023 5:22:39 PM
Rupee to rise tracking further dollar losses on Fed outlook The Indian rupee is expected to open higher on Friday as the U.S. dollar slid even further on bets that the Federal Reserve is near halting its rate hike cycle. Non-deliverable forwards indicate rupee will open at around 82 to the U.S. dollar compared with 82.0725 in the previous session. The rupee on Thursday managed to strengthen past 82, but was unable to sustain on forward dollar demand from importers, some traders said. Two of them said it was possible that the Reserve Bank of Indi...
Rupee to rise tracking further dollar losses on Fed outlook
Rupee to rise tracking further dollar losses on Fed outlook
Source: Reuters
14/07/2023 8:45:47 AM
FIIs stood as net sellers in equities as per July 13 data: NSDL The FIIs as per Thursday’s data were net sellers in both equity and debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 18839.94 crore against gross selling of Rs 19173.54 crore. Thus, FIIs stood as net sellers of Rs 333.60 crore in equities. In the debt segment, the gross purchase was of Rs 1105.52 crore against gross selling of Rs 1504.35 crore. Thus, FIIs stood as net sellers of Rs 398.83 crore in debt. In the hybrid segment, t...
FIIs stood as net sellers in equities as per July 13 data: NSDL
FIIs stood as net sellers in equities as per July 13 data: NSDL
Source: Accord Fintech
13/07/2023 5:05:33 PM
Rupee to climb near 82/USD on bets Fed will end rate hikes The Indian rupee is poised to rise on Thursday on expectations that cooling inflation in the United States will allow the Federal Reserve to pause interest rate hikes soon. Non-deliverable forwards indicate the rupee will open at around 82-82.05 to the U.S. dollar compared with 82.2475 in the previous session. The local currency has now almost recouped all the losses it suffered last week. "Having talked of an upside breakout (for USD/INR) last week, this has been quite a turnaroun...
Rupee to climb near 82/USD on bets Fed will end rate hikes
Rupee to climb near 82/USD on bets Fed will end rate hikes
Source: Reuters
13/07/2023 9:16:10 AM
India`s Adani Enterprises makes first rupee bond market foray since Hindenburg India's Adani Enterprises has returned to the local corporate bond market for the first time since January when a U.S.-based short-seller's scathing report sparked a rout in the group's securities, but had to pay a higher rate to raise funds. The company raised 12.50 billion rupees (about $152 million) on Tuesday by selling three-year bonds with an annual coupon of 10%, data from the National Securities Depository Ltd showed on Wednesday. Adani Enterprises disclosed the fund...
India`s Adani Enterprises makes first rupee bond market foray since Hindenburg
India`s Adani Enterprises makes first rupee bond market foray since Hindenburg
Source: Reuters
12/07/2023 2:56:31 PM
Rupee bias on upside on broad dollar selling before US inflation data The Indian rupee may rise more on Wednesday, aided by the U.S. dollar's broad decline in the lead-up to the crucial U.S. inflation data. Non-deliverable forwards indicate rupee will open at around 82.32-82.34 to the U.S. dollar compared with 82.3650 on Tuesday. Market participants should expect rupee to do better at the opening than what offshore is indicating, a foreign exchange trader said. The "across the board" weakness on the dollar means that the "bias is defini...
Rupee bias on upside on broad dollar selling before US inflation data
Rupee bias on upside on broad dollar selling before US inflation data
Source: Reuters
12/07/2023 9:09:21 AM
FIIs stood as net buyers in equities as per July 11 data: NSDL The FIIs as per Tuesday’s data were net buyers in equity segment, while net sellers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 8488.14 crore against gross selling of Rs 7428.81 crore. Thus, FIIs stood as net buyers of Rs 1059.33 crore in equities. In the debt segment, the gross purchase was of Rs 840.67 crore against gross selling of Rs 1816.05 crore. Thus, FIIs stood as net sellers of Rs 975.38 crore in debt. In the h...
FIIs stood as net buyers in equities as per July 11 data: NSDL
FIIs stood as net buyers in equities as per July 11 data: NSDL
Source: Accord Fintech
11/07/2023 4:57:55 PM
NSDL files DRHP with SEBI for IPO National Securities Depository (NSDL) has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO).  The IPO is a complete offer-for-sale (OFS) of more than 5.72 crore equity shares by existing shareholders. Under the OFS, IDBI Bank plans to offload 2.22 crore shares, National Stock Exchange (NSE) 1.80 crore shares, Union Bank of India 56.25 lakh shares, State Bank of India...
NSDL files DRHP with SEBI for IPO
NSDL files DRHP with SEBI for IPO
Source: Accord Fintech
11/07/2023 3:59:12 PM
FIIs stood as net buyers in equities as per July 4 data: NSDL The FIIs as per Tuesday’s data were net buyers in equity segment, while net sellers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 8130.31 crore against gross selling of Rs 5673.93 crore. Thus, FIIs stood as net buyers of Rs 2456.38 crore in equities. In the debt segment, the gross purchase was of Rs 253.78 crore against gross selling of Rs 694.42 crore. Thus, FIIs stood as net sellers of Rs 440.64 crore in debt. In the hy...
FIIs stood as net buyers in equities as per July 4 data: NSDL
FIIs stood as net buyers in equities as per July 4 data: NSDL
Source: Accord Fintech
4/07/2023 4:59:54 PM
FIIs stood as net buyers in equities as per June 15 data: NSDL The FIIs as per Thursday’s data were net buyers in equity segment, while net sellers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 10498.65 crore against gross selling of Rs 8635.83 crore. Thus, FIIs stood as net buyers of Rs 1862.82 crore in equities. In the debt segment, the gross purchase was of Rs 189.60 crore against gross selling of Rs 210.48 crore. Thus, FIIs stood as net sellers of Rs 20.88 crore in debt. In the h...
FIIs stood as net buyers in equities as per June 15 data: NSDL
FIIs stood as net buyers in equities as per June 15 data: NSDL
Source: Accord Fintech
15/06/2023 4:39:04 PM
FPI selling in Indian stock hits 7-month high on rich valuations, Adani rout BENGALURU- Foreign portfolio investors (FPIs) offloaded Indian equities worth 288.52 billion rupees ($3.51 billion) in January, the most since June, data from National Securities Depository Ltd. showed.   FPIs' selloff in Indian shares rises to most in 7 months https://www.reuters.com/graphics/FPI-JAN/JAN-FPI/zdvxdnqrkvx/chart.png   The selling coincided with a slide in equity benchmarks, with Nifty 50 falling 2.45% in the first month of 2023. Analysts cited multi...
FPI selling in Indian stock hits 7-month high on rich valuations, Adani rout
FPI selling in Indian stock hits 7-month high on rich valuations, Adani rout
Source: Reuters
6/02/2023 10:08:44 AM
Quote on FPI: FPI investment is showing a distinctly positive trend in November says Dr. V K Vijayakumar, Geojit Financial Services Quote on FPI 26 November 2022 By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services "FPI investment is showing a distinctly positive trend in November. FPIs have been buyers in financial services, IT, autos and capital goods. As per NSDL data FPIs have bought equity worth Rs 31630 crores till November 25th. FPIs are unlikely to be major sellers, going forward since their earlier policy of continuous selling in banking has cost them heavily. When FPIs we...
Quote on FPI: FPI investment is showing a distinctly positive trend in November says Dr. V K Vijayakumar, Geojit Financial Services
Quote on FPI: FPI investment is showing a distinctly positive trend in November says Dr. V K Vijayakumar, Geojit Financial Services
Source: Geojit Financial Services
26/11/2022 3:12:33 PM
FIIs stood as net buyers in equities as per November 10 data: NSDL The FIIs as per Thursday’s data were net buyers in both equity and debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 9096.54 crore against gross selling of Rs 8550.12 crore. Thus, FIIs stood as net buyers of Rs 546.42 crore in equities. In the debt segment, the gross purchase was of Rs 600.06 crore against gross selling of Rs 323.59 crore. Thus, FIIs stood as net buyers of Rs 276.47 crore in debt. In the hybrid segment, the gros...
FIIs stood as net buyers in equities as per November 10 data: NSDL
FIIs stood as net buyers in equities as per November 10 data: NSDL
Source: Accord Fintech
10/11/2022 5:33:50 PM
FIIs stood as net buyers in equities as per November 9 data: NSDL The FIIs as per Wednesday’s data were net buyers in equity segment, while net sellers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 9031.94 crore against gross selling of Rs 7089.93 crore. Thus, FIIs stood as net buyers of Rs 1942.01 crore in equities. In the debt segment, the gross purchase was of Rs 241.78 crore against gross selling of Rs 616.34 crore. Thus, FIIs stood as net sellers of Rs 374.56 crore in debt. In the ...
FIIs stood as net buyers in equities as per November 9 data: NSDL
FIIs stood as net buyers in equities as per November 9 data: NSDL
Source: Accord Fintech
9/11/2022 5:00:59 PM
FIIs stood as net buyers in equities as per November 7 data: NSDL The FIIs as per Monday’s data were net buyers in equity segment, while net sellers in debt segment, according to data released by the NSDL In equity segment, the gross buying was of Rs 7421.49 crore against gross selling of Rs 5822.90 crore. Thus, FIIs stood as net buyers of Rs 1598.59 crore in equities. In the debt segment, the gross purchase was of Rs 225.02 crore against gross selling of Rs 300.71 crore. Thus, FIIs stood as net sellers of Rs 75.69 crore in debt. In the hybri...
FIIs stood as net buyers in equities as per November 7 data: NSDL
FIIs stood as net buyers in equities as per November 7 data: NSDL
Source: Accord Fintech
7/11/2022 4:42:16 PM
FIIs stood as net buyers in equities as per October 19 data: NSDL The FIIs as per Wednesday’s data were net buyer in both equity and debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 9144.77 crore against gross selling of Rs 8286.71 crore. Thus, FIIs stood as net buyers of Rs 858.06 crore in equities. In the debt segment, the gross purchase was of Rs 714.74 crore against gross selling of Rs 405.44 crore. Thus, FIIs stood as net buyers of Rs 309.30 crore in debt. In the hybrid segment, the gros...
FIIs stood as net buyers in equities as per October 19 data: NSDL
FIIs stood as net buyers in equities as per October 19 data: NSDL
Source: Accord Fintech
19/10/2022 5:03:00 PM
FIIs stood as net sellers in equities as per October 18 data: NSDL The FIIs as per Tuesday’s data were net sellers in equity segment, while net buyers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 18282.45 crore against gross selling of Rs 18466.49 crore. Thus, FIIs stood as net sellers of Rs 184.04 crore in equities. In the debt segment, the gross purchase was of Rs 1314.79 crore against gross selling of Rs 640.54 crore. Thus, FIIs stood as net buyers of Rs 674.25 crore in debt. In...
FIIs stood as net sellers in equities as per October 18 data: NSDL
FIIs stood as net sellers in equities as per October 18 data: NSDL
Source: Accord Fintech
18/10/2022 5:28:35 PM
FIIs stood as net sellers in equities as per September 15 data : NSDL The FIIs as per Thursday’s data were net sellers in equity segment, while net buyers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 7933.47 crore against gross selling of Rs 9308.13 crore. Thus, FIIs stood as net sellers of Rs 1374.66 crore in equities. In the debt segment, the gross purchase was of Rs 520.63 crore against gross selling of Rs 278.71 crore. Thus, FIIs stood as net buyers of Rs 241.92 crore in debt. In the h...
FIIs stood as net sellers in equities as per September 15 data : NSDL
FIIs stood as net sellers in equities as per September 15 data : NSDL
Source: Accord Fintech
15/09/2022 4:58:12 PM
FIIs stood as net buyers in equities as per September 14 data: NSDL The FIIs as per Wednesday’s data were net buyers in both equity and debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 10904.30 crore against gross selling of Rs 6330.59 crore. Thus, FIIs stood as net buyers of Rs 4573.71 crore in equities. In the debt segment, the gross purchase was of Rs 1098.94 crore against gross selling of Rs 356.23 crore. Thus, FIIs stood as net buyers of Rs 742.71 crore in debt. In the hybrid segment, the ...
FIIs stood as net buyers in equities as per September 14 data: NSDL
FIIs stood as net buyers in equities as per September 14 data: NSDL
Source: Accord Fintech
14/09/2022 4:57:36 PM
Quote on FPI and FII from Dr. VK Vijayakumar, Geojit Financial Services Below is quote on FPI/FII 30th July 2022 by Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services "NSDL data as on 29th July shows FPIs have turned buyers for the month. The net buy figure is Rs 7.39 cr for July. This is in sharp contrast to the FPI sell figure of Rs 50145 cr in June. FPIs were buyers for 9 days in July. This reversal in FPI activity is one of the important factors driving the market rally in July. The steady decline in the dolla...
Quote on FPI and FII from Dr. VK Vijayakumar, Geojit Financial Services
Quote on FPI and FII from Dr. VK Vijayakumar, Geojit Financial Services
Source: Geojit Financial Services Ltd
30/07/2022 10:20:34 AM
Foreign investors turned net buyers in July, net investment Rs 4,989 crore Foreign investors turned net buyers in July nearly after 10 months, with an investment of around Rs 4,989 crore in the Indian equity markets. This comes after heavy sell-off by these entities of around Rs 50,203 crore in June. According to the NSDL data, investment of foreign investors in July month stood at Rs 4,989 crore, as compared to over Rs 50,000 crore outflow in June, Rs 39,993 crore outflow in May, and Rs 17,144 crore outflow in April. "This reversal in FPI activity is one...
Foreign investors turned net buyers in July, net investment Rs 4,989 crore
Foreign investors turned net buyers in July, net investment Rs 4,989 crore
Source: IANS
30/07/2022 9:06:03 AM
FM Nirmala Sitharaman gets up from seat to offer water to NSDL MD, receives praise A video of Union Finance Minister Nirmala Sitharaman getting up from her seat at an event and offering a bottle of water to National Securities Depository Ltd Managing Director, Padmaja Chunduru, who was speaking at that time, has surfaced on social media - and earned her much praise. The event was held in Mumbai on Saturday on the occasion of the silver jubilee of NSDL. Sitharaman attended the event and launched the NSDL investor awareness programme for students - Market ka Eklavya. ...
FM Nirmala Sitharaman gets up from seat to offer water to NSDL MD, receives praise
FM Nirmala Sitharaman gets up from seat to offer water to NSDL MD, receives praise
Source: IANS
9/05/2022 9:05:16 AM
FPIs continue selling, withdrew Rs 41,123 cr from Indian equity in March Continuing the aggressive selling spree for the sixth straight month, foreign portfolio investors (FPIs) pulled out Rs 41,123 crore from the Indian equity segment in March, National Securities Depository data revealed. The sell-off by the FPIs in March is way more than they pulled out in January and February of Rs 33,303 crore and Rs 35,592 crore, respectively. The recent sell-off was triggered by policy rate hike by the US Federal Reserve which made the country more attractive for inve...
FPIs continue selling, withdrew Rs 41,123 cr from Indian equity in March
FPIs continue selling, withdrew Rs 41,123 cr from Indian equity in March
Source: IANS
3/04/2022 4:01:44 PM
IDBI Bank surges on getting in-principle approval to divest 11.10% stake in NSDL IDBI Bank is currently trading at Rs. 44.10, up by 1.25 points or 2.92% from its previous closing of Rs. 42.85 on the BSE. The scrip opened at Rs. 43.50 and has touched a high and low of Rs. 44.20 and Rs. 43.45 respectively. So far 562850 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 65.25 on 18-Oct-2021 and a 52 week low of Rs. 33.30 on 12-Apr-2021. Last one week high and low of the scrip stood at Rs. 46.50 ...
IDBI Bank surges on getting in-principle approval to divest 11.10% stake in NSDL
IDBI Bank surges on getting in-principle approval to divest 11.10% stake in NSDL
Source: Accord Fintech
30/03/2022 12:49:14 PM
NSDL says accounts of foreign funds holding Adani stocks not frozen: Report The accounts of three foreign funds that are among the top stakeholders in India's Adani group of companies are not frozen, a source at the National Securities Depository Ltd (NSDL) told a global news wire. Reports of a freeze on the accounts sent several Adani stocks plummeting earlier on Monday. The freeze is on accounts of the funds that hold certain other securities and it is not new, the source said. "NSDL hasn't taken any action now," the source told the globa...
NSDL says accounts of foreign funds holding Adani stocks not frozen: Report
NSDL says accounts of foreign funds holding Adani stocks not frozen: Report
Source: IANS
15/06/2021 9:10:32 AM
Key News - JB Chemicals & Pharmaceuticals Ltd, SBI Cards and Payment Services Ltd, Steel Authority of India Ltd, BPCL, Amara Raja Batteries Ltd, NSDL by ARETE Securities Key News JB Chemicals & Pharmaceuticals Q4 net profit jumps two-fold to Rs 101 cr Drug firm JB Chemicals & Pharmaceuticals on Monday reported a two-fold jump in consolidated net profit to Rs 100.81 crore for the quarter ended March 2021 on account of robust sales. The company had posted a net profit of Rs 50.07 crore for the corresponding period of the previous fiscal year, JB Chemicals & Pharmaceuticals said in a regulatory filing. Consolidated revenue from operations stood...
Key News - JB Chemicals & Pharmaceuticals Ltd, SBI Cards and Payment Services Ltd, Steel Authority of India Ltd, BPCL, Amara Raja Batteries Ltd, NSDL by ARETE Securities
Key News - JB Chemicals & Pharmaceuticals Ltd, SBI Cards and Payment Services Ltd, Steel Authority of India Ltd, BPCL, Amara Raja Batteries Ltd, NSDL by ARETE Securities
Source: ARETE Securities Ltd
15/06/2021 8:51:41 AM
Adani shares fall on report India securities depository froze foreign funds`accounts BENGALURU - Shares of Adani group companies fell between 5% and 18% on Monday, after the Economic Times reported https://bit.ly/3gl478b the National Securities Depository Ltd (NSDL) had frozen the accounts of three foreign funds, which have a total investment of 435 billion rupees in Adani group companies. Adani Enterprises and Nifty 50-listed Adani Ports and Special Economic Zone were the top losers, falling over 15% each. The report said, citing an official, that the NSDL's move c...
Adani shares fall on report India securities depository froze foreign funds`accounts
Adani shares fall on report India securities depository froze foreign funds`accounts
Source: Reuters
14/06/2021 10:28:37 AM