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Jefferies was among the five brokerages that cut the Nestle India stock’s price target after spotting a near-term trend reversal at the FMCG major after industry-leading growth for several quarters.

Overseas investors too seem less concerned than in the initial days of the Adani rout. Foreign funds boosted holdings of Indian stocks for six straight sessions through Thursday, the longest streak since November, according to the latest exchange data compiled by Bloomberg.

According to the Bank of international settlements, many banks have portfolios of traded instruments for short-term profits. These portfolios referred to as trading books are exposed to market risk, or the risk of losses resulting from changes in the prices of instruments such as bonds, shares and currencies. Banks are required to maintain a minimum amount of capital to account for this risk.

Adani Wilmar has been included in Nifty Next 50 and Nifty 100 indices, whereas Adani Power will now be part of Nifty 500, Nifty 200, Nifty Midcap 100, Nifty Midcap 150, Nifty LargeMidcap 250, and Nifty Midsmallcap 400 indices

​Primary dealers were forced to take Rs 8,254 crore out of the Rs 12,000 crore bonds auctioned at 7.34% yield after the RBI rejected bids for that amount

The FMCG on Friday signed a deal with Singapore-based Reactivate Brands International to divest the two brands in the “atta and salt” categories of the foods business for Rs 60.4 crore

The company made the remarks in response to a BSE query seeking clarification with reference to movement in volume of its shares

Large dilution is expected from equity conversion on the deferment of adjusted gross revenue (AGR) and spectrum liabilities, which adds to the woes

Recent economic indicators show that the Fed’s mission to bring down inflation is “very much unaccomplished,” Hartnett wrote

This is the second consecutive week of drop in the reserves after the $1.49-billion decrease in the previous reporting week