Sammaan Capital announced on Tuesday that it has become an IHC Group Company following a preferential allotment of equity shares and warrants to the Abu Dhabi-based company. Sammaan Capital received Rs 5,652 crore as part of the initial tranche of the stake acquisition. The non-banking financial company (NBFC) said that IHC, through its affiliate, Avenir…
Nifty settled at 22,819.60, falling by 486.85 points or 2.09% while the BSE Sensex closed at 73,583.22 on Friday, declining 1,690.23 points or 2.25% amid high volatility as markets were mainly dragged by financials, auto and consumer stocks. Indian frontline indices ended their two-session rally amid sharp cuts as a failure in the Iran-US negotiations…
Indian equities rebounded on Thursday, after declining more than 2% over the past three trading sessions. Analysts expect markets to track global cues, macro indicators and the ongoing quarterly earnings. Key companies announcing results on Friday include JSW Steel, Shriram Finance, BPCL, Godrej Consumer, Cipla, MCX, Piramal Finance amongst others. STATE OF THE MARKETSGIFT Nifty…
Benchmark indices were volatile on expiry day as Nifty ended 58 points lower, while the Sensex was down by 250 points. Analysts say the intraday market texture is non-directional and hence, levels-based trading would be the ideal strategy for day traders.STATE OF THE MARKETS Tech View: From a technical standpoint, the index continues to attract…
The Indian market ended lower on Wednesday, with the Sensex and Nifty extending their decline to a third consecutive session, as investors grappled with uncertainty over the U.S. Federal Reserve’s interest-rate outlook following mixed signals from U.S. jobs data. Sentiment was further weighed down by the absence of progress on a prospective U.S.-India trade agreement,…
Smallcap stocks surged last week, with Stallion India and Orient Technologies leading gains. Top 10 performers rallied 18–42%, driven by sector optimism, festive demand, IT momentum, and commodity price recovery. Source link
India’s benchmark indices, the Nifty and Sensex, snapped an eight-day losing streak, driven by gains in private banks, auto, and IT stocks. The Nifty rose 225.20 points, or 0.92%, to close at 24,836.30, while the Sensex added 715.69 points, or 0.89%, settling at 80,983.31. Indian stock markets remain closed today for Dussehra and Gandhi Jayanti….
The Indian market ended lower on Wednesday, pressured by losses in IT and oil & gas stocks, along with a decline in heavyweight Reliance Industries. Market sentiment stayed cautious amid persistent uncertainty over U.S. tariff policies, as investors awaited clarity on a possible U.S.-India trade agreement. The BSE Sensex shed 176.43 points, or 0.21%, to…
US-based investment firm Capital Group, London-based hedge fund Marshall Wace, and BlackRock, the world’s largest asset manager, emerged as key investors in the recently concluded qualified institutional placement (QIP) of mortgage lender Sammaan Capital, bankers involved in the transaction told ET. The Mumbai-based housing finance company, formerly known as Indiabulls Housing Finance, successfully raised $150…