Vallabh Bhansali buys Teamlease shares and other bulk deals of the day
The day’s meltdown wiped off Rs 2.74 lakh crore off the market capitalization of BSE-listed companies. – Stocks-Markets-Economic Times
Month: March 2020
Sebi extends second phase of UPI implementation for retail investors
In November 2019, the timeline for implementation of Phase II of UPI with Application Supported by Blocked Amount (ABSA) was extended till March 31, 2020. – Stocks-Markets-Economic Times
Dow Jones gains as investors weigh stimulus against shutdown
A record $2.2 trillion in aid and unprecedented policy easing from the Federal Reserve helped the S&P 500 post its biggest weekly percentage gain in over a decade last week, … Read More
Government May Slash Borrowing From Market In April Amid Lockdown: Report
Government is considering options of selling bonds to Life Insurance Corp of India or Reserve Bank of India, finance ministry sources said. – NDTV Profit – Latest
Loan waiver or postponement? Muddled messaging puts bankers in a fix
RBI on Friday announced that banks can excuse loan payments between March 1 and May 31. – Stocks-Markets-Economic Times
Gold Prices Go Up As Coronavirus-Led Growth Fears Spur Safety Buying
Investors’ appetite for riskier assets remained weak as fears mounted that the global coronavirus shutdowns could last for months. – NDTV Profit – Latest
Tech View: Nifty50 forms bearish candle, may hit 8,100-8,000 zone
The overall structure shows that Nifty50 is poised to get into the sub-8,000 level. – Stocks-Markets-Economic Times
Tax dept. asks officers working from home to chase large taxpayers for dues
“While the ITBA platform is not available to the officers for discharging statutory functions, it is still possible to follow up the pending collection matters by contacting large taxpayers telephonically/electronically,” … Read More
Market Movers: Bajaj Fin, HDFC twins bleed; NIA surges; 219 stocks flash ‘buy’ signals
HDFC twins were the two biggest negative contributors to Sensex’s fall. Both together shed over 600 points. – Stocks-Markets-Economic Times
JSW Group repays Rs 640 crore debt to release pledged shares
As of the company’s 2019 annual report, JSW Steel has a net debt of Rs 42, 341 crores and JSW Energy has a net debt of Rs 2,879 crores. … Read More