Month: March 2021

Foreign investors offloaded Indian shares worth Rs 3,383.6 crore on Thursday. Provisional data showed Nifty rollovers stood at 74 per cent — lower than the three-month average, said analysts. The … Read More

Sebi has reduced the requirement for issuers to have 25% of pre-issue capital held by eligible investors to one year from two years.   – Stocks-Markets-Economic Times

Though overall remittances are still at one third less than $1.8 billion sent in January of 2020, the pandemic induced lockdown globally had slowed down such outflows significantly. But they … Read More

The US Securities and Exchange Commission (SEC) in recent days sent letters to Wall Street banks seeking information on their special purpose acquisition company, or SPAC, dealings, the four people … Read More

Powell reiterated the Fed’s plan to reduce its $120 billion in monthly bond purchases after the U.S. makes “substantial further progress toward our goals” of maximum employment and inflation anchored … Read More

Funds that invest in Colombia, Argentina and Brazilian equities have slumped over 10% on average, the biggest among the 502 categories listed by Lipper.   – Stocks-Markets-Economic Times

Shares in video-game retailer GameStop were last up 32.1% at $159.02 with brisk trading volume, erasing much of the previous session’s 33.8% decline after the company said it was evaluating … Read More

Overall, the Nifty/Sensex is poised to move closer to 14,500/50,200 and 14,700/50600 levels. A buying position should be created in the market with a stop loss at 14,250/48,200.   – … Read More