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According to Refinitiv data, cross-border investors sold Asian equities worth a net $16.23 billion in Taiwan, India, South Korea, the Philippines, Vietnam, Indonesia, and Thailand in the last month, the highest outflows since net selling of $33.32 billion in March 2020.

Stock market update: Nifty IT index advances 0.06%

Updated at : 2022-04-05 17:20:03

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The Nifty IT index closed 0.06 per cent up at 36466.55.

The expert noted that there had been margin pressure in the last two quarters, especially in the midcap and smallcap pockets, even as earnings have broadly met the market expectations.

Here are three things that are market-agnostic and should be followed irrespective of the market environment

Adani Power hits 10% upper circuit; here's why

Updated at : 2022-04-05 16:25:03

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The stock has seen a massive rally in the last few weeks. Last week it was the top BSE 500, gaining 42 per cent as it concluded its acquisition of Essar Power MP.

After a lacklustre session, the 30-share pack Sensex declined 435.24 points or 0.72% but managed to close above the 60,000 mark. Its broader peer NSE Nifty fell 96 points or 0.53%, to close at 17,957.

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The Relative Strength Index of the stock stood at 55.57 on Tuesday.

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A total of 40,544 shares changed hands on the counter till 01:54PM (IST).

Vested Finance claims it has processed more than $250 million in transactions in 2021 and also tripled the deposits on the platform in 2021. The company’s global team is based across India, USA, and Canada.

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As of 31-Dec-2021, promoters held 14.72 per cent stake in the company, while FIIs held 26.08 per cent and domestic institutional investors had 25.16 per cent.

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