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Page 15 - பார்பெக்யூ தேசம் விருந்தோம்பல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Indian restaurant chain Barbeque-Nation falls in debut trade

3 Min Read BENGALURU (Reuters) - Shares of restaurant chain Barbeque-Nation Hospitality recovered early losses to rise 18% in their debut trading on Wednesday, helped by a rally in broader Indian markets on the central bank’s decision to stand pat on key interest rates. A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, February 1, 2020. REUTERS/Francis Mascarenhas The Bengaluru-based casual dining restaurant chain, which offers unlimited barbecue buffets, raised about 4.53 billion rupees ($61.62 million) through an initial public offering (IPO). Shares of Barbeque-Nation, which also operates the high-end Toscano eatery chain, opened at 489.85 rupees, below the offer price of 500 rupees. Stock recovered to trade up 17.6% after dropping as much as 3.6% in early session.

Sensex, Nifty rise 1% after central bank keeps rates steady

Sensex, Nifty rise 1% after central bank keeps rates steady Sensex, Nifty rise 1% after central bank keeps rates steady The NSE Nifty 50 index closed 0.92% higher at 14,819.05 and the S&P BSE Sensex rose 0.94% to 49,661.76. advertisement The Nifty bank index and the auto index rose 1.5% and 1.6%, respectively. (Photo: Reuters) Indian shares and bonds rose on Wednesday after central bank kept interest rates at record lows to support the economy on the back of a record surge in COVID-19 cases, and announced a secondary market government security purchase programme. The Reserve Bank of India (RBI) stuck to its accommodative monetary policy stance amid concerns that the resurgence in infections could derail the country s nascent economic recovery.

Market Ahead, April 7: All you need to know before the Opening Bell

Market Ahead, April 7: All you need to know before the Opening Bell
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