No bank loan defaulter or those connected to a bank loan defaulting company should be a Director in an Asset Reconstruction Company (ARC) and the sharing of loan recovery structure should be changed, suggested All India Bank Employees .
FPIs net sellers of Indian equities worth Rs 6,427 cr in May so far
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Last Updated: May 16, 2021, 11:50 AM IST
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NEW DELHI: Foreign portfolio investors (FPIs) pulled out Rs 6,452 crore so far in May from Indian markets amid tumbling investor sentiment due to the second wave of the COVID-19 pandemic.
As per depositories data, the overseas investors pulled out Rs 6,427 crore from equities and Rs 25 crore from the debt segment during May 1-14.
The net outflow during the period under review stood at Rs 6,452 crore. The severe Covid second wave, increasing lockdowns and concerns regarding its impact on GDP growth and corporate earnings seem to be behind FPI outflows, said VK Vijayakumar, chief investment Strategist at Geojit Financial Services.
While, the 30-share BSE index reclaimed the 50,000-level, the NSE surged 1.14 per cent
Market benchmark Sensex rallied over 600 points in early trade on Thursday, April 29, 2021, driven by gains in index majors Reliance Industries, HDFC twins and Infosys amid a positive trend in Asian equities.
The 30-share BSE index reclaimed the 50,000-level and was trading 606.19 points or 1.22 per cent higher at 50,340.03 in initial deals.
Similarly, the broader NSE Nifty surged 169.30 points or 1.14 per cent to 15,033.85.
IndusInd Bank was the top gainer in the Sensex pack, rising around 3 per cent, followed by Axis Bank, Bajaj Finance, Bajaj Finserv, ONGC, Kotak Bank and Reliance Industries.
Sensex jumps over 150 points in early trade; Nifty tests 14,650
PTI
Mumbai |
Updated on
Surge in Covid-19 cases dents investor sentiments, while nod to MNC vaccines, no complete lockdown in Maharashtra, Delhi supports equities
Equity benchmark Sensex advanced over 150 points in early trade on Friday, tracking gains in index majors HDFC twins, Asian Paints and HCL Tech amid largely positive cues from global markets.
The 30-share BSE index was trading 160.43 points or 0.33 per cent higher at 48,964.11.
Similarly, the broader NSE Nifty rose 63.35 points or 0.43 per cent to 14,644.80.
UltraTech Cement was the top gainer in the Sensex pack, rising over 2 per cent, followed by Asian Paints, HCL Tech, HDFC, Tech Mahindra and M&M.
Sensex rises over 200 points in early trade; Nifty above 14,350
PTI
Mumbai |
Updated on
‘Domestic equities look to be modestly good at the moment’
Equity benchmark Sensex jumped over 200 points in early trade on Tuesday, tracking gains in index majors Reliance Industries, ICICI Bank and HDFC twins amid largely positive cues from Asian peers. The 30-share BSE index was trading 236.71 points or 0.49 per cent higher at 48,120.09. Similarly, the broader NSE Nifty advanced 68.55 points or 0.48 per cent to 14,379.35. ONGC was the top gainer in the Sensex pack, rising over 3 per cent, followed by M&M, PowerGrid, Bajaj Finance, L&T, ICICI Bank and Bajaj Finserv.