Latest Stock Market News

The Dow Jones Industrial Average rose 88.51 points, or 0.24 per cent, at the open to 36,416.46.

MSCI will announce the changes in constituents for the MSCI global standard indices on November 12. The final changes will take place on November 30.

The board has approved the issue of unlisted secured non-convertible redeemable debentures (NCDs) on a private placement basis. The size of the issue is Rs 140 crore in one or more tranches.

In September, the regulator permitted FPIs to write off shares of all the companies that they are unable to sell.

As another step towards market development, NSE also aligned its gold mini options expiry with its futures expiry with effect from November 2021, and in its first revised expiry it has seen an interest in market participants resulting in this delivery quantity.

Cement sector was largely ignored by investors after the second wave buying rush because of the uneven demand environment as well as rising pressure on margins. Cement companies faced high-cost pressures in the September quarter and were largely unable to pass on those costs to consumers due to a demand slack.

“Inflation is going to be a challenge for Britannia for a couple of quarters, because it is not going to ebb so easily the inflationary pressures and price hikes tend to be delayed. ”

The initial share-sale consists of fresh issuance of equity shares to the tune of Rs 300 crore and an offer of sale (OFS) of of equity shares worth Rs 500 crore by Prakash Jain, Manjula Jain Family Trust and Prakash Jain Family Trust, according to the draft red herring prospectus (DRHP).

Total interest income fell 3 per cent to Rs 1091 crore from Rs 1122 crore a year ago. While impairment costs increased two and a half times to Rs 199 crore from Rs 68 crore a year ago.

In its letter to NSE last week, Anmi, a grouping of over 900 stockbrokers across the country, said that trading members should not be held liable for prohibitive activities carried out by authorized persons (APs) registered with them.