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After selling equities worth 33,927 crore ($3,953 million) in the first half of April, FPIs ended the month with net purchases worth 4,223 crore ($510 million), according to the data from NSDL.
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News and Media
As the month kicks off, the positive mood seen in April hasn't changed. Foreigners have pumped over 38,150 crore in the second half of April after remaining sellers in the first part, helping the Sensex and Nifty gain 5% in April. Also, there has been no adverse tariff related news flow the past few days.
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News and Media
SBFC Finance, which has a market cap of Rs 11,071 crore, has posted a 46% rise in net profit on year to Rs 345 crore in FY25. The finance company specialises in giving secured loans with ticket size of Rs 5 lakh to Rs 30 lakh to small and medium sized companies.
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News and Media
Carlyle is set to divest up to $308 million worth of shares in PNB Housing Finance Ltd. through a block trade. The offering involves approximately 27.1 million shares, constituting about 10.4% of the company's outstanding equity.
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News and Media
"If the US government proceeds with its ill-judged plan to impose tariffs, and if these tariffs materially affect the price of Boeing aircraft exports to Europe, then we would certainly reassess both our current Boeing orders, and the possibility of placing those orders elsewhere," O'Leary said in a letter to a U.S. lawmaker.
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News and Media
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