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The 10-year benchmark 7.26% 2032 bond yield was at 7.1987% as of 10:35 a.m. IST, after closing at 7.2750% on Wednesday. The yield fell to 7.1469% after the decision, against 7.2857% before that. The liquid five-year 7.38% 2027 bond yield crashed as much as 16 bps to 7.01% after the policy decision.

Shyam Metalics and Energy, incorporated in the year 2002, is a Small Cap company (having a market cap of Rs 7014.72 Crore) operating in Metals - Ferrous sector.

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The Nifty IT index was trading 0.16 per cent down at 28930.25.

I think you have to be very, very sure about what mid-caps you are into and what kind of scenario and outlook that mid-cap has so cannot be painted with one brush, actually.

Apollo Hospital shares up 0.2% as Nifty gains

Updated at : 2023-04-06 11:50:03

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A total of 3,011 shares changed hands on the counter till time (IST).

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The dour economic signs have strengthened the view that the Fed will reverse course on rate increases with traders hoping for more insight when Federal Reserve Bank of St. Louis President James Bullard speaks later on Thursday.

Sebi issues code for ads to rein in 'finfluencers'

Updated at : 2023-04-06 09:40:04

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The code for advertisements from advisers covers traditional communication channels as well as all electronic, wired, or wireless communication such as e-mail, messaging platforms, social media platforms, radio, telephone, or any other form over the internet.

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The First Horizon deal would catapult TD to the sixth-biggest commercial bank in the U.S. from the tenth-largest now, according to the Federal Reserve. The next-largest Canadian bank in the U.S. is BMO, which is number 23 on the list.

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Phoenix ARC bought two loan portfolios from Bandhan Bank worth over ₹4,900 crore for ₹740 crore, equating to a recovery of 15%. Bandhan Bank ran a Swiss Challenge based on the anchor offer from Phoenix ARC on March 27 but did not receive any counter bids. Phoenix gave a binding bid of ₹369.20 crore for the written-off portfolio and ₹370.62 crore for the NPA portfolio, based on a security receipts (SR) consideration basis.

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The group has already pledged close to 9% of its 18.37% stake in Tata Sons. After this latest transaction, the entire stake, currently valued at close to ₹94,000 crore, will be pledged to lenders including two foreign banks and several overseas hedge and credit funds.

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