Bharat 22 ETF lists on bourses with modest gains; stock sells at Rs 36.30 per unit on BSE
7 years, 3 months ago

Bharat 22 ETF lists on bourses with modest gains; stock sells at Rs 36.30 per unit on BSE

Firstpost  

The government recently raised Rs 14,500 crore through Bharat 22 ETF, which saw bids of nearly Rs 32,000 crore coming in New Delhi: Bharat 22 Exchange Traded Fund, comprising 22 companies, listed at Rs 36.30 per unit on BSE on Tuesday, up 0.91 percent over the issue price of Rs 35.97. The government recently raised Rs 14,500 crore through Bharat 22 ETF, which saw bids of nearly Rs 32,000 crore coming in, with foreign portfolio investors bidding for one-third of the money. ICICI Prudential Mutual Fund managed Bharat-22 ETF’s new fund offer had an initial issue size of over Rs 8,000 crore. The state-owned companies or PSUs that are part of the new Bharat ETF 22 include ONGC, IOC, SBI, BPCL, Coal India and Nalco.

Bse Bharat Etf Bharat 22 Etf  stock  22  times  lists  fund  investors  unit  gains  india  crore  bse  modest  bourses  etf  sells  rs  issue  bharat

History of this topic

D-Street investors become richer by ₹22.12 lakh cr as market rally extends to 5th day
Trending News
5 days, 17 hours ago

D-Street investors become richer by ₹22.12 lakh cr as market rally extends to 5th day

Live Mint  

New Delhi, Equity investors have become richer by ₹22.12 lakh crore in the five-day stock rally which saw the benchmark BSE Sensex jumping more than 4 per cent. On Friday, the 30-share BSE Sensex jumped 557.45 points or 0.73 per cent to settle at 76,905.51. With the recent fall making stocks attractive across several sectors, including broader mid & smallcap …

Rupee rises 12 paise to 86.25 against U.S. dollar in early trade
Top News
1 week ago

Rupee rises 12 paise to 86.25 against U.S. dollar in early trade

The Hindu  

The Rupee appreciated 12 paise to 86.25 against the U.S. dollar in early trade on Thursday, tracking positive domestic equities and the weakness of the American currency in the overseas market. However, risks remain owing to unabated Foreign Institutional Investor sell-off and uncertainty surrounding U.S. President Donald Trump's tariff stance could pose challenges to the Rupee's upward momentum. Meanwhile, the …

Indian benchmarks likely to open flat amid foreign sell-off, weak sentiment
1 month ago

Indian benchmarks likely to open flat amid foreign sell-off, weak sentiment

Live Mint  

Feb 25 - India's benchmark indexes are likely to open little changed on Tuesday, after last session's losses, weighed down by persistent sell-off by foreign investors and weak global sentiment. Asian markets slipped in early trades, with the MSCI Asia ex Japan down 1.2%, mirroring the overnight losses in the U.S. U.S. President Donald Trump's comments that tariffs on Canada …

PSU stock bags ₹1,220 crore order from Ministry of Defence, gains 3%
1 month ago

PSU stock bags ₹1,220 crore order from Ministry of Defence, gains 3%

Live Mint  

Stock market today: Public sector undertaking ) defence company Bharat Electronics bagged a ₹1,220 crore order from the Ministry of Defence on Thursday, February 20, following which the stock edged higher. The Ministry of Defence inked a contract worth ₹1220.12 crore with Bharat Electronics for the procurement of 149 Software Defined Radios for the Indian Coast Guard. Bharat Electronics bags …

BSE shares climb 4% after Goldman Sachs buys 7.28 lakh shares for ₹400 crore, rises 13% in 2 sessions
1 month, 1 week ago

BSE shares climb 4% after Goldman Sachs buys 7.28 lakh shares for ₹400 crore, rises 13% in 2 sessions

Live Mint  

Shares of BSE Ltd extended their gains to the second consecutive session on Thursday, February 20, surging nearly 4 per cent in intra-day trade after global investment firm Goldman Sachs acquired a stake in the leading stock exchange through an open market transaction. According to bulk deal data available on the National Stock Exchange, Goldman Sachs Pte purchased 7.28 lakh …

Bulk deal on Feb 19: Goldman Sachs buys BSE shares for ₹401 crore via open market transaction
1 month, 1 week ago

Bulk deal on Feb 19: Goldman Sachs buys BSE shares for ₹401 crore via open market transaction

Live Mint  

Bulk deal on February 19: Global banking and financial services major Goldman Sachs bought shares of the leading stock exchange BSE for ₹401 crore through an open market transaction on Wednesday, February 19, 2025. According to bulk deal data on the National Stock Exchange, US-based Goldman Sachs, through its arm Goldman Sachs, purchased 7.28 lakh shares of BSE. The exchange …

Rupee opens at record low of 87.92 against US dollar as Asian currencies slip on Donald Trump’s new tariff plan
1 month, 2 weeks ago

Rupee opens at record low of 87.92 against US dollar as Asian currencies slip on Donald Trump’s new tariff plan

Live Mint  

The Indian rupee opened at a record low on Monday, tracking losses in Asian currencies after US President Donald Trump said he will introduce more tariffs. The rupee slipped 49 paise to open at an all-time low of 87.92 against the US dollar as against its Friday’s close of 87.43 per USD. “The rupee is expected to trade at elevated …

Stock Market Today: Sensex Settles Over 220 Points, Nifty Over 23,240
Trending News
1 month, 3 weeks ago

Stock Market Today: Sensex Settles Over 220 Points, Nifty Over 23,240

ABP News  

The Indian benchmark indices extended their winning streak to a third consecutive session on Thursday, supported by gains in financial and oil & gas stocks, while IT and auto stocks weighed on the indices. At the close, the Sensex gained 227 points, or 0.3 per cent, finishing at 76,760, while the Nifty rose 86 points, or 0.4 per cent, to …

Indian shares set to open higher as investors await earnings season
3 months ago

Indian shares set to open higher as investors await earnings season

Hindustan Times  

Indian shares are set to open marginally higher on Friday, with analysts expecting the benchmarks to witness incremental moves in the absence of major triggers as the year comes to an end. "With no major triggers in the near term, markets are likely to trade near current levels while investors await December quarter earnings season, which will be the next …

Indian shares set to open higher
3 months ago

Indian shares set to open higher

Live Mint  

- Indian shares are set to open marginally higher on Friday, with analysts expecting the benchmarks to witness incremental moves in the absence of major triggers as the year comes to an end. "With no major triggers in the near term, markets are likely to trade near current levels while investors await December quarter earnings season, which will be the …

Defence stocks to buy: Bharat Electronics, HAL, Solar Industries, BDL among top stock picks by Phillip Capital
3 months ago

Defence stocks to buy: Bharat Electronics, HAL, Solar Industries, BDL among top stock picks by Phillip Capital

Live Mint  

Defence stocks have delivered stellar returns, driven by the government’s focus on boosting domestic manufacturing, a robust order book, and improved financial performance. Phillip Capital has initiated coverage on defence stocks with a ‘Buy’ rating on BEL, HAL and Data Patterns, and a ‘Neutral’ rating on Solar Industries India and Bharat Dynamics. It assigns a P/E of 42x based on …

Markets decline in early trade dragged by Reliance, HDFC Bank; caution ahead of U.S. Fed rate decision
3 months, 1 week ago

Markets decline in early trade dragged by Reliance, HDFC Bank; caution ahead of U.S. Fed rate decision

The Hindu  

Equity benchmark indices Sensex and Nifty declined in early trade on Tuesday amid cautious investors approach ahead of the U.S. Fed interest rate decision and selling in blue-chip stocks like Reliance Industries and HDFC Bank. The 30-share BSE benchmark Sensex declined 350.98 points to 81,397.59 in early trade. From the 30-share blue-chip pack, Reliance Industries, Bharti Airtel, Nestle, Larsen & …

Bharat Electronics Share Price Today on 29-11-2024: Bharat Electronics share price are up by 0.67%, Nifty up by 0.9%
Trending News
3 months, 3 weeks ago

Bharat Electronics Share Price Today on 29-11-2024: Bharat Electronics share price are up by 0.67%, Nifty up by 0.9%

Live Mint  

Bharat Electronics Share Price Today on 29-11-2024: At 29 Nov 11:22 today, Bharat Electronics shares are trading at price ₹307.8, 0.67% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bharat Electronics Share Price Today on 28-11-2024: Bharat Electronics share price are down by -0.29%, Nifty down by -0.78%
3 months, 3 weeks ago

Bharat Electronics Share Price Today on 28-11-2024: Bharat Electronics share price are down by -0.29%, Nifty down by -0.78%

Live Mint  

Bharat Electronics Share Price Today on 28-11-2024: At 28 Nov 11:11 today, Bharat Electronics shares are trading at price ₹306.35, -0.29% down from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bharat Heavy Electricals Share Price Today on 25-11-2024: Bharat Heavy Electricals share price are up by 4.22%, Nifty up by 1.71%
4 months ago

Bharat Heavy Electricals Share Price Today on 25-11-2024: Bharat Heavy Electricals share price are up by 4.22%, Nifty up by 1.71%

Live Mint  

Bharat Heavy Electricals Share Price Today on 25-11-2024: At 25 Nov 11:15 today, Bharat Heavy Electricals shares are trading at price ₹244.3, 4.22% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face …

Bharat Electronics Share Price Today on 25-11-2024: Bharat Electronics share price are up by 6.09%, Nifty up by 1.71%
Top News
4 months ago

Bharat Electronics Share Price Today on 25-11-2024: Bharat Electronics share price are up by 6.09%, Nifty up by 1.71%

Live Mint  

Bharat Electronics Share Price Today on 25-11-2024: At 25 Nov 11:06 today, Bharat Electronics shares are trading at price ₹297.9, 6.09% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bharat Heavy Electricals Share Price Today on 22-11-2024: Bharat Heavy Electricals share price are up by 2.63%, Nifty up by 0.94%
4 months ago

Bharat Heavy Electricals Share Price Today on 22-11-2024: Bharat Heavy Electricals share price are up by 2.63%, Nifty up by 0.94%

Live Mint  

Bharat Heavy Electricals Share Price Today on 22-11-2024: At 22 Nov 12:06 today, Bharat Heavy Electricals shares are trading at price ₹233.95, 2.63% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face …

Bharat Electronics Share Price Today on 22-11-2024: Bharat Electronics share price are up by 1.31%, Nifty up by 0.91%
4 months ago

Bharat Electronics Share Price Today on 22-11-2024: Bharat Electronics share price are up by 1.31%, Nifty up by 0.91%

Live Mint  

Bharat Electronics Share Price Today on 22-11-2024: At 22 Nov 12:04 today, Bharat Electronics shares are trading at price ₹279.1, 1.31% up from the previous closing price. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at …

Bharat Electronics Share Price Today on 13-11-2024: Bharat Electronics share price are down by -3.03%, Nifty down by -1.36%
4 months, 1 week ago

Bharat Electronics Share Price Today on 13-11-2024: Bharat Electronics share price are down by -3.03%, Nifty down by -1.36%

Live Mint  

Bharat Electronics Share Price Today on 13-11-2024: At 13 Nov 16:00 today, Bharat Electronics shares are trading at price ₹281.45, -3.03% down from the previous closing price. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at …

Bharat Heavy Electricals Share Price Today on 13-11-2024: Bharat Heavy Electricals share price are down by -3.3%, Nifty down by -1.36%
4 months, 2 weeks ago

Bharat Heavy Electricals Share Price Today on 13-11-2024: Bharat Heavy Electricals share price are down by -3.3%, Nifty down by -1.36%

Live Mint  

Bharat Heavy Electricals Share Price Today on 13-11-2024: At 13 Nov 16:01 today, Bharat Heavy Electricals shares are trading at price ₹222.55, -3.3% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & …

Bharat Electronics Share Price Today on 06-11-2024: Bharat Electronics share price are up by 5.49%, Nifty up by 1.12%
4 months, 2 weeks ago

Bharat Electronics Share Price Today on 06-11-2024: Bharat Electronics share price are up by 5.49%, Nifty up by 1.12%

Live Mint  

Bharat Electronics Share Price Today on 06-11-2024: At 06 Nov 16:01 today, Bharat Electronics shares are trading at price ₹301.85, 5.49% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bharat Electronics Stock Price Today: A Technical and Fundamental Analysis
Trending News
4 months, 3 weeks ago

Bharat Electronics Stock Price Today: A Technical and Fundamental Analysis

Live Mint  

Bharat Electronics share price has seen a significant surge today, with the stock price up by 2.93%. The Nifty has also gained slightly, while Sensex has lost 0.1%. The stock has reached a high of ₹294.6 and a low of ₹282.3 during the day, indicating potential support and resistance levels at these levels. The company's fundamental analysis shows a moderate …

Stocks to buy or sell: Premier Explosives to Affle — Sumeet Bagadia recommends five breakout stocks today — May 21
10 months ago

Stocks to buy or sell: Premier Explosives to Affle — Sumeet Bagadia recommends five breakout stocks today — May 21

Live Mint  

Stocks to buy or sell: On Tuesday, amid mixed global cues, it is anticipated that the domestic benchmark indices, the Sensex and Nifty 50, will open higher. Seasoned Executive Director at Choice Broking with a strong track record, Sumeet Bagadia has shared his professional advice on five breakout stocks that are now worth buying: Premier Explosives, Bharat Bijlee, Balkrishna Industries, …

FPIs offload Rs 16K crore equities in three sessions as tensions in Middle East surge
11 months, 1 week ago

FPIs offload Rs 16K crore equities in three sessions as tensions in Middle East surge

New Indian Express  

NEW DELHI: Foreign Portfolio Investors have offloaded equities worth about Rs 16,000 crore in the last three trading sessions amid a sharp correction in local stocks caused by escalating geopolitical tension in the Middle East and diminishing hope of an early rate cut by the US Federal Reserve. Triggered by proposed changes in the India-Mauritius tax treaty, foreign investors offloaded …

Stock markets hit new peaks after RBI upgrades growth forecast | Here are DETAILS
1 year, 3 months ago

Stock markets hit new peaks after RBI upgrades growth forecast | Here are DETAILS

India TV News  

Business news: Benchmark Sensex and Nifty rebounded to close at their new lifetime highs today after the Reserve Bank of India raised the growth forecast for the current fiscal and kept policy rates unchanged, triggering heavy buying in banking and other rate-sensitive stocks. The 30-share BSE Sensex rose 303.91 points, or 0.44 per cent, to hit its new peak of …

Bharat Electronics stock jumps 4% to all-time high on ₹3,915 crore order win
1 year, 3 months ago

Bharat Electronics stock jumps 4% to all-time high on ₹3,915 crore order win

Live Mint  

Shares of Bharat Electronics zoomed 3.6% in early trade on Thursday to hit a new all-time high of ₹161.80 apiece after the company received new orders worth ₹3,915 crore. In an exchange filing on Wednesday, the company said that it received orders worth ₹3,915 crore, which include a ₹580 crore order from the Indian Army for AMC of Radars, and …

Rupee falls 8 paise to 82.12 against US dollar in early trade
1 year, 8 months ago

Rupee falls 8 paise to 82.12 against US dollar in early trade

Firstpost  

Traders said domestic equity benchmarks scaling all-time high levels and sustained foreign fund inflows boosted investor sentiments and restricted the depreciating bias. However, trader sentiments were positively impacted by domestic equity benchmarks reaching all-time high levels and the sustained inflow of foreign funds, which mitigated the downward pressure on the rupee. The rupee opened a bit lower as the Reserve …

Investors become richer by Rs 7.90 lakh cr in 5 days; BSE-listed firms' valuation hits new peak
1 year, 8 months ago

Investors become richer by Rs 7.90 lakh cr in 5 days; BSE-listed firms' valuation hits new peak

India TV News  

Equity investors' wealth went up by Rs 7.90 lakh crore in five days of rally in the BSE Sensex, which is on a record-breaking run helped by unabated foreign fund inflows and largely bullish investor sentiments. Rallying for the fifth straight session, the 30-share BSE Sensex jumped 274 points or 0.42 per cent to settle at its all-time closing high …

Investors\' wealth plunges Rs 10.42 lakh crore in 7 trading sessions
2 years ago

Investors\' wealth plunges Rs 10.42 lakh crore in 7 trading sessions

Deccan Chronicle  

New Delhi: Seven consecutive sessions of decline in the equity market has eroded the wealth of investors by a whopping Rs 10.42 lakh crore and the benchmark Sensex has tumbled more than 2,000 points during this period. On Monday, the BSE Sensex dropped 175.58 points or 0.30 per cent to end at 59,288.35 points, marking a decline for seven straight …

Foreign investors buy Indian equities in December first half, despite stock slip
2 years, 3 months ago

Foreign investors buy Indian equities in December first half, despite stock slip

Live Mint  

Foreign portfolio investors bought Indian shares worth 90.17 billion Indian rupees in the first half of December, despite the country's benchmark indexes coming off record high levels on hawkish commentary from global central banks, data showed. Between Nov. 16 and Nov. 30, when benchmarks rose to record high levels, foreign fund inflows logged 73.5 billion rupees. This is a pivot …

Union Govt to launch fourth tranche of Bharat Bond ETF from tomorrow to raise initial fund of Rs 1,000 crore
2 years, 3 months ago

Union Govt to launch fourth tranche of Bharat Bond ETF from tomorrow to raise initial fund of Rs 1,000 crore

India TV News  

Bharat Bond ETF: The Union government is set to launch the fourth tranche of Bharat Bond ETF on Friday, December 2. According to the statement, the maturity date for this new Bharat Bond ETF and Bharat Bond Fund of Fund series is in April 2033. About Bharat Bond ETF The maiden offering of Bharat Bond ETF was launched in 2019, …

India’s forex reserve rise for second week to $547.25 bn
2 years, 4 months ago

India’s forex reserve rise for second week to $547.25 bn

Live Mint  

India's forex reserves increase by $2.54 billion to $547.25 billion for the week ended November 18, according to data released by Reserve Bank of India. The rise in the foreign exchange reserves can be attributed to gains in the Foreign Currency Assets, which is a major component of the overall reserves, according to the Weekly Statistical Supplement released by RBI. …

After nine consecutive months, foreign portfolio investors return to Indian equities with Rs 5,000-cr investment in July
2 years, 7 months ago

After nine consecutive months, foreign portfolio investors return to Indian equities with Rs 5,000-cr investment in July

Firstpost  

This was the highest net outflow since March 2020, when foreign portfolio investors had pulled out Rs 61,973 crore from equities, data with depositories showed New Delhi: After nine consecutive months of relentless selling, foreign investors have turned net buyers and invested nearly Rs 5,000 crore in Indian equities in July on softening dollar index and good corporate earnings. This …

Government may raise over Rs 10,000 Crore via Bharat Bond ETF by December
3 years, 5 months ago

Government may raise over Rs 10,000 Crore via Bharat Bond ETF by December

India TV News  

The government is likely to launch the next tranche of the Bharat Bond ETF by December and expects to raise over Rs 10,000 crore to fund growth plans of central public sector enterprises, according to a senior finance ministry official. Bharat Bond ETF is an exchange-traded fund that invests in the debt of public sector companies. The second tranche of …

Rupee goes up 14 paise to 74.44 against US dollar in early trade
3 years, 8 months ago

Rupee goes up 14 paise to 74.44 against US dollar in early trade

Firstpost  

At the interbank foreign exchange, the domestic unit opened at 74.49 against the dollar, then inched higher to 74.44 Mumbai: The Indian rupee strengthened by 14 paise to 74.44 against the US dollar in early trade on Tuesday, tracking a firm trend in the domestic equity market. At the interbank foreign exchange, the domestic unit opened at 74.49 against the …

CPSE, Bharat 22 ETFs lag in this market rally
4 years, 6 months ago

CPSE, Bharat 22 ETFs lag in this market rally

Live Mint  

Exchange-traded funds formed from India’s sold-down stakes in state-owned companies have lagged far behind as the market continues to recover from this year’s pandemic selloff. The Central Public Sector Enterprises fund, or CPSE ETF, and the Bharat 22 ETF are each down about 28% in 2020 compared with an 8.5% decline in the S&P BSE Sensex. “The Bharat 22 ETF …

Sensex jumps over 150 pts; Nifty near 12,200
5 years, 2 months ago

Sensex jumps over 150 pts; Nifty near 12,200

India TV News  

Equity benchmark BSE Sensex jumped over 150 points in opening session on Friday tracking gains in index-heavyweights RIL, SBI and HDFC twins amid positive global cues. The 30-share BSE index was trading 161.85 points or 0.39 per cent higher at 41,325.61, and the broader NSE Nifty rose 57.70 points or 0.48 per cent to 12,184.25. SBI was the top gainer …

Daily Bulletin: Amit Shah to move Citizenship (Amendment) Bill in RS; SC to hear pleas challenging Article 370 abrogation; day's top stories
5 years, 3 months ago

Daily Bulletin: Amit Shah to move Citizenship (Amendment) Bill in RS; SC to hear pleas challenging Article 370 abrogation; day's top stories

Firstpost  

Amit Shah to move Citizenship Bill in Rajya Sabha After the Citizenship Bill, 2019 was passed in the Lok Sabha on Monday, it will be taken up for consideration by the Rajya Sabha on Wednesday. SC to hear petitions challenging Article 370 abrogation in Jammu and Kashmir The Supreme Court will hear for the second day a batch of petitions …

Cabinet approves launch of Bharat Bond Exchange Traded Fund. All you need to know
5 years, 3 months ago

Cabinet approves launch of Bharat Bond Exchange Traded Fund. All you need to know

India TV News  

Finance minister Nirmala Sitharaman on Wednesday announced the Union Cabinet has approved the creation and launch of an exchange trading fund for bonds which will deepen the bond market. The Bharat Bond Exchange Traded Fund is the first corporate bond ETF in the country. "Umbrella bond ETF will diversify investor base" as we promised in the Budget, for creating an …

Bharat-22 ETF's 4th tranche to open today; govt expects to raise Rs 8,000 cr
5 years, 5 months ago

Bharat-22 ETF's 4th tranche to open today; govt expects to raise Rs 8,000 cr

Firstpost  

An exchange-traded fund is a basket of securities that trade on an exchange, just like a stock. New Delhi: The government will launch the fourth tranche of Bharat-22 ETF today, which will help garner up to Rs 8,000 crore from investors, sources said. “The offer is likely to have a base issue size of Rs 2,000 crore, with a green-shoe …

Govt to launch sixth tranche of CPSE Exchange Traded Fund on 18 July; to raise up to Rs 10,000 cr
5 years, 8 months ago

Govt to launch sixth tranche of CPSE Exchange Traded Fund on 18 July; to raise up to Rs 10,000 cr

Firstpost  

The government is planning to raise up to Rs 10,000 crore from the sixth tranche of CPSE ETF which would be launched on 18 July, an official said New Delhi: The government is planning to raise up to Rs 10,000 crore from the sixth tranche of CPSE ETF which would be launched on 18 July, an official said. The CPSE …

Union Budget 2019: Govt working on tax sops for retail investors in CPSE, Bharat-22 ETF
5 years, 8 months ago

Union Budget 2019: Govt working on tax sops for retail investors in CPSE, Bharat-22 ETF

Firstpost  

The government is working on a proposal to extend tax benefits to retail investors in its two exchange traded funds - CPSE and Bharat-22 ETF New Delhi: The government is working on a proposal to extend tax benefits to retail investors in its two exchange traded funds - CPSE and Bharat-22 ETF. As per the plan chalked out by the …

Rupee rises 8 paise to 69.38 in early trade on higher opening in domestic equities amid weakening greenback
5 years, 9 months ago

Rupee rises 8 paise to 69.38 in early trade on higher opening in domestic equities amid weakening greenback

Firstpost  

The rupee opened at 69.40 at the interbank forex market then gained further ground and touched 69.38 amid a positive opening in domestic equities, displaying gains of 8 paise over its last close. Mumbai: The rupee appreciated by 8 paise to 69.38 against the US dollar in opening trade on Monday, driven by higher opening in domestic equities. Forex dealers …

IRCTC draft RHP likely to be filed with Sebi next month
5 years, 10 months ago

IRCTC draft RHP likely to be filed with Sebi next month

Live Mint  

New Delhi, May 8 The catering unit of Indian Railways IRCTC is likely to file the draft red herring prospectus for its ₹400 crore IPO next month with market regulator Sebi. Last month, the government raised about ₹480 crore by selling 12.12 per cent stake in Rail Vikas Nigam Ltd. Bharat-22 ETF, which was launched in 2017-18, has 16 central …

Finance Ministry starts consultation with investors to launch global Exchange Traded Fund in current fiscal
5 years, 10 months ago

Finance Ministry starts consultation with investors to launch global Exchange Traded Fund in current fiscal

Firstpost  

ETFs function like a mutual fund scheme and have underlying assets of government-owned companies. New Delhi: The Finance Ministry has started consultation with global investors for launching CPSE-scrip based Exchange Traded Fund in overseas market in the current fiscal, a government official has said. Bharat-22 ETF, which was launched in 2017-18, has 16 central public sector enterprises covering six sectors, …

CPSE ETF helps government cross selloff target
6 years ago

CPSE ETF helps government cross selloff target

Deccan Chronicle  

Mumbai: With the CPSE ETF Further Fund Offer 4 receiving an overwhelming market response, the central government has exceeded its disinvestment target for the second year in a row, with the selloff proceeds touching Rs 85,000 crore against the budgeted target of Rs 80,000 crore. The government is likely to get Rs 10,000 crore from the CPSE ETF FFO4 as …

Rupee opens marginally higher in early trade on weak dollar, higher opening of domestic equity market
6 years ago

Rupee opens marginally higher in early trade on weak dollar, higher opening of domestic equity market

Firstpost  

Besides the greenback’s weakness against some currencies overseas, increased selling of the American currency by exporters as well as banks supported the rupee, forex dealers said. Mumbai: The rupee edged 2 paise higher to 68.51 against the US dollar in early trade on Tuesday ahead of the Federal Reserve’s policy meet. A higher opening in the domestic equity market influenced …

Coal India’s spark diminishes further as dividend payout disappoints
6 years ago

Coal India’s spark diminishes further as dividend payout disappoints

Live Mint  

Dividends have always been Coal India Ltd’s strong suit. With this, the coal producer’s cumulative dividend so far for this fiscal year stands at ₹13.1 per share. According to Edelweiss, the company’s annual capital expenditure requirement of ₹12,000–15,000 crore to maintain volume growth of 5% is likely to keep dividend yield muted hereon. Since FY14, which is when Coal India …

Rupee furthers gains by 25 paise to 69.64 against US dollar in early trade
6 years ago

Rupee furthers gains by 25 paise to 69.64 against US dollar in early trade

India TV News  

The rupee strengthened its gains by 25 paise to 69.64 against the US dollar in early trade on Tuesday, driven by sustained foreign fund inflows and weaker greenback against key rival currencies overseas. The US dollar index -- a measure of the value of the American currency relative to a basket of key foreign currencies -- was lower by 0.17 …

EPFO in a spot after dismal CPSE ETF and Bharat 22 ETF returns
6 years, 1 month ago

EPFO in a spot after dismal CPSE ETF and Bharat 22 ETF returns

Live Mint  

New Delhi: The decision of the Employees’ Provident Fund Organisation in 2017 to invest in select exchange traded funds to help the government meet its disinvestment targets has yielded subpar returns for its subscribers. Two days before announcing the annual EPF interest rate, calculations by the EPFO show that its investments in CPSE ETFs and Bharat 22 ETF have yielded …

Discover Related