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Adani Green Energy is seeking to raise approximately $2 billion through bonds and loans in the coming months. The company plans to issue a $600 million bond in the near future and is also exploring a private placement for one of its subsidiaries.

Overall, the short-term trend is down, but as long as Nifty holds above 23,500, a pullback rally could be possible, said Hrishikesh Yedve of Asit C. Mehta Investment Interrmediates.

Asian stocks weaken as Fed policy doubts simmer

Updated at : 2024-11-18 07:30:02

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Japanese and Australian shares fell. South Korea’s benchmark bucked the trend, led by Samsung Electronics Co.’s rally after it announced a stock buyback plan. US futures gained, after the S&P 500 slid 1.3% on Friday to erase more than half of its gains following the US election.

Piramal-Bain ARC venture calls it quits

Updated at : 2024-11-18 06:20:02

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Piramal Enterprises Ltd and Bain Capital Credit have relinquished their license for India Resurgence Asset Reconstruction Company to the Reserve Bank of India. Regulatory obstacles and a shrinking pool of distressed assets have made the ARC business less appealing, leading to increased exits from the market.

Benchmark indices - Sensex and Nifty - are almost 10% down from their peaks made on September 27, led by a sell-off by foreign investors sparked by a rebound in Chinese equities and disappointing earnings in the September quarter. The Midcap 150 index declined 10.9%, SmallCap 250 index dropped 9.1% and the Microcap 250 fell 8.3% in this period.

With Donald Trump coming in, I cannot overemphasise how much change is going to happen. Republicans retain their hold of the House, clinching full control of Congress.

Nifty at key support, trend remains weak: Analysts

Updated at : 2024-11-18 06:20:02

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​Nifty may signal a trend reversal above 24,140, but stronger price confirmation is needed for aggressive bullish positions.

Additionally commenting on the flood of initial public offerings over the last one year or so, Kamath said that this trend of new generation companies entering the market is a very positive sign and will help fuel participation of more new generation retail traders into the ecosystem.

Foreign Portfolio Investors (FPIs) continued selling off Indian equities in the second week of November, although at a slower pace than the previous week and month. Despite this trend, FPIs increased their investments in the Indian primary market. Meanwhile, domestic funds continued pouring money into the equity market.

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The combined value of stocks listed in the United Arab Emirates has surpassed $1 trillion for the first time. This milestone is largely attributed to a surge in companies linked to Sheikh Tahnoon bin Zayed Al Nahyan, a prominent Abu Dhabi royal, and a wave of new listings in the country.

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