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Ever since Hindenburg put out a report questioning the finances of the Adani Group, most investors have been asking how much top schemes or AMCs hold in Adani stocks. >> For more such web stories click on the ET icon below

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That was the read from traders of interest-rate futures on Friday after the U.S. Labor Department reported employers added more than half a million jobs last month, far more than expected. Prices in those contracts fell sharply, and now reflect a better than even chance that the Fed will keep raising interest rates to the 5%-5.25% range by June, if not by May

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The MSCI index of global shares fell 0.3%, having hit its highest level since August on Thursday in a rebound buoyed by optimism that central banks are close to the end of their aggressive rate hiking cycles.The keenly-watched U.S. nonfarm payrolls report showed U.S. employers added 517,000 new workers in January, vastly overshooting expectations of economists polled by Reuters for a 185,000 gain

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The Dow Jones Industrial Average fell 127.64 points, or 0.37%, at the open to 33,926.30

Marico Q3 Results: PAT rises 6% to Rs 328 crore

Updated at : 2023-02-03 21:20:03

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The international business sustained its healthy growth momentum with constant currency growth of 8%. Each of the markets exhibited strength amidst macroeconomic uncertainty and currency devaluation headwinds," it said.India business delivered a turnover of Rs 1,851 crore, up 2% on a YoY basis. Meanwhile, international business posted a turnover of Rs 619 crore with 8% constant currency growth.

The regulator has allowed promoters and promoter group entities to sell shares to exchange traded funds to meet the public shareholding norms. This provided promoters are selling a maximum 5% of the paid-up equity share capital of the listed entity.

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At the time of withdrawal of any credit rating of securities that are listed on a stock exchange, the CRA would have to assign a rating to such security and issue a press release in a prescribed format, except in cases where there are no outstanding obligations under the security rated by the CRA or the company whose security is rated is wound up or merged or amalgamated with another firm

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Nifty today formed a bullish candle with a longer lower shadow on the daily and weekly scale, which indicates buying interest on declines. Now, it needs to hold above 17,850 zones, for an up move towards 17,950 then 18,081 zones whereas supports are placed at 17,777 and 17,650 zones, said Chandan Taparia of Motilal Oswal.

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The official further said Vodafone Idea needs around Rs 40,000-45,000 crore overall for sustaining itself and in the absence of investment from promoters, no external investor will come on board. The operator itself has been trying to raise Rs20,000 crore via a mix of equity and debt for several months, but hasn’t managed to close it. The company has blamed the delay in the equity conversion as the reason for it being unable to close its fund raising.

Emami Q3 Results: PAT rises 6% YoY to Rs 233 crore

Updated at : 2023-02-03 19:25:03

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During the quarter Gross margins at 65.9 per cent contracted by 150 basis points due to inflationary pressure and a favourable portfolio mix last year. EBIDTA at Rs 294 crore declined by 14 per cent over the previous year due to the inclusion of new subsidiary costs, and strategic outlay on distribution expansion in rural, digital and modern trade channels," Emami said in its earning statement

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