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“Sentiment is very strong in the passenger vehicle segment though in the case of two-wheelers, there is some issue because of the consumer segment for that category of vehicle is a little price sensitive in terms of vehicle prices as well as operational costs as fuel prices are also at close to record high.”

According to the data from AceEquity, 392 stocks out of the BSE 500 index have delivered negative returns between January to June 2022. It means that four out of every five stocks are down on a year-to-date (YTD) basis as of June 29.About 210 stocks have dropped more than 20 per cent in the first half of 2022, while 40 stocks have tanked between 40-72 per cent, highlighting painful six months for investors.

The Mumbai-based real estate and construction firm is selling 28,99,200 equity shares of face value Rs 10 each at a price of Rs 153 apiece. The issue is open for subscription till Tuesday, July 5. The majority of analysts covering the SME sector are positive on the issue and have suggested subscribing to it. However, a few of them believe that valuations are on the higher side, and stock is best suited for a listing pop only.

Sebi found that Parsvnath Developers Ltd (PDL) failed to make provision for the outstanding amount in ledger accounts of contractors and sub-contractors and also failed to strictly comply with Accounting Standards 7 or AS 7, which deals with construction contracts.

"We are relatively better placed. We are not a closed economy. We are part of the globalised world. So, we will be impacted (by global developments)," the finance minister said on the sidelines of an event here.

“Given Zomato’s sudden desperation to go out and buy the remaining stake in Blinkit and giving away about Rs 6,000 crore is something that the market would not be able to fathom and anyway the risk appetite is clearly missing for people to go in for very fancy business models, no profitability and even the cash getting burned out like this. It will definitely hurt the sentiment.”

The Nikkei share average fell steadily throughout the day and lost 1.54% by the end of trading. The broader Topix index was down 1.20% on the day.The Japanese yen rebounded slightly to trade at 136.17 to the U.S. dollar after hitting a new 24-year low overnight, breaching the key 137 mark.

As of 31-Mar-2022, promoters held 0.0 per cent stake in the company, while FIIs held 38.0 per cent and domestic institutional investors had 32.08 per cent.

“Central bankers all over the world are prioritising inflation over growth. They are resigned about growth concerns completely but in the next four to five months, our belief is that ex of crude, inflation will start trending down and probably the second half, growth concerns will take over, ” says Pankaj Tibrewal.

The STOXX 600 fell for a second straight day after global central bank chiefs said bringing down high inflation around the world will be painful and could even crash growth.Economy-linked sectors led declines in early trading, with basic resources and automobiles down between 1.9% and 2.1%.