Market and Business News

MUMBAI: Investment in the Indian capital market through participatory notes (P-notes) rose to Rs 1.08 lakh crore at the end of October, from a three-month high. Foreign capital investors who are not registered in India can invest in the capital market through foreign institutional investors in the country. However for this investment he has to go through some processes. At the end of March 2016, the investment through P-notes stood at Rs 1.08 lakh crore. P-notes investment increased by Rs 2,000 crore in October. Investments in equities fell by Rs 2,000 crore, while investments in debt instruments through P-notes declined by Rs 2,000 crore. Long-term interest rates are now at an all-time low and inflationary pressures will force the Reserve Bank to raise interest rates in 203, prompting FPIs to shift from lending instruments to equities, an analyst said. Out of the P-Notes investments of Rs 1.04 lakh crore at the end of October this year, Rs 216 crore was in equities, Rs 3 crore in...

Mumbai: The country's crude import bill is expected to cross last year's level in the current month. India's crude oil import bill has risen due to tightening of crude oil prices and rising demand. In the ten months to the end of October, the average price of crude oil had crossed 80 a barrel. India's crude import bill is likely to be the highest in the last three years this year due to high crude oil prices. In October, the average price of crude oil in India was 2.11 per barrel. India's crude oil import bill stood at ૨ 2.50 billion in 2020-21, up from. 21.10 billion in October of the current financial year. In the last financial year, India imported a total of 127 million tonnes of crude oil. This figure has reached 114 million tonnes so far in the current financial year. India's average import price of crude oil in the first seven months of FY2009-21 was ૨૪ 4.5 per barrel, which has risen to ૭ 61.8 per barrel in the current financial year. Higher crude o...

(Gujarat News Correspondent) MUMBAI: The November trend in derivatives came to an end today on the back of a sharp rise in funds in Reliance Industries. Funds bought heavily today in shares of Reliance Industries to curb index-based erosion, along with shares of IT-software services stocks led by Infosys and stocks of selected healthcare-pharmaceuticals companies. The funds also boosted consumer durables stocks as well as oil and gas stocks. On the global front, with the resumption of Corolla transition in countries including Germany, Austria, France and the prospect of a lockdown, the global economy is being shaken by rising inflation. Crude oil prices saw a modest decline in the positive effect of the stock announcement. With the alarming rise in corona cases in Germany, the death toll has crossed one lakh and global concerns are mounting. At the end of the day, the Sensex was up 3.01 points at 3.05 and the Nifty spot was up 191.60 points at 12.5. Crude oil Brent was down 3 cents at...

MUMBAI: Eighty-one per cent of Indians have little or no confidence in cryptocurrencies, with only 1 per cent having high confidence, while a recent survey found that 51 per cent of Indians want to have their own digital currency. In a survey conducted by a private firm, 5 per cent of respondents said the government should not legalize cryptocurrencies but suggested that the tax should be levied the way digital assets are taxed abroad. 3% of people demanded that legal currencies be taxed in India. The survey, conducted from November 8 to 9 in six districts of the country, was attended by more than 3,000 people. The survey was conducted amid widespread debate in the country over cryptocurrency trading. However the government has decided not to allow private cryptocurrencies. Nine percent of those surveyed said their family members did not invest or trade in cryptocurrencies. When asked about the reliability of cryptocurrencies, 1% said they had high confidence in it, 19% said it wa...

MUMBAI: Investment in the Indian capital market through participatory notes (P-notes) rose to Rs 1.08 lakh crore at the end of October, from a three-month high. Foreign capital investors who are not registered in India can invest in the capital market through foreign institutional investors in the country. However for this investment he has to go through some processes. At the end of March 2016, the investment through P-notes stood at Rs 1.08 lakh crore. P-notes investment increased by Rs 2,000 crore in October. Investments in equities fell by Rs 2,000 crore, while investments in debt instruments through P-notes declined by Rs 2,000 crore. Long-term interest rates are now at an all-time low and inflationary pressures will force the Reserve Bank to raise interest rates in 203, prompting FPIs to shift from lending instruments to equities, an analyst said. Out of the P-Notes investments of Rs 1.04 lakh crore at the end of October this year, Rs 216 crore was in equities, Rs 3 crore in...

Mumbai: The country's crude import bill is expected to cross last year's level in the current month. India's crude oil import bill has risen due to tightening of crude oil prices and rising demand. In the ten months to the end of October, the average price of crude oil had crossed 80 a barrel. India's crude import bill is likely to be the highest in the last three years this year due to high crude oil prices. In October, the average price of crude oil in India was 2.11 per barrel. India's crude oil import bill stood at ૨ 2.50 billion in 2020-21, up from. 21.10 billion in October of the current financial year. In the last financial year, India imported a total of 127 million tonnes of crude oil. This figure has reached 114 million tonnes so far in the current financial year. India's average import price of crude oil in the first seven months of FY2009-21 was ૨૪ 4.5 per barrel, which has risen to ૭ 61.8 per barrel in the current financial year. Higher crude o...

Ahmedabad: The wealth of the country's and Asia's richest men Mukesh Ambani and Gautam Adani is currently under discussion. As rich, Ambani is ahead in wealth but in one year, Adani kills the ground in terms of wealth growth. According to the Bloomberg Billionaire Index, Gautam Adani's wealth has grown by 3 billion annually, while Mukesh Ambani's wealth has grown by only ૩ 12 billion. Last year, Mukesh Ambani had a net worth of 4.5 billion while Gautam Adani had a net worth of 2.1 billion. On Wednesday, through Gautam Adani's six listed companies, his assets (as a promoter in the total market value of the companies) were worth Rs 3,01,8 crore, while Mukesh Ambani's assets were worth Rs 2,6,8 crore. So the difference between the two was only Rs 4.5 crore. Mukesh Ambani has a net worth of Rs 1,11,60 crore more than Gautam Adani after the companies' shares fluctuated on Thursday. Gasification assets rearrangement scheme MUMBAI: As a result of more than one...

MUMBAI: The non-performing assets (NPAs) of non-banking finance companies (NBFCs) are expected to increase by 120 to 150 basis points in the current financial year, from 3.50 per cent to 8.50 per cent, due to stricter standards and upgrades for loans under stress. In the case of housing finance companies, the NPA is expected to rise by 20 basis points to 8.50 per cent, according to an ICRA report. The report takes into account the risk of new NPAs coming from revised standards and restructured books. At the end of March 2012, the gross NPA of NBFCs was 2.50 per cent, while for housing finance companies, the figure was 5 per cent. In addition, NPA accounts can be upgraded to standard assets only after each outstanding amount has been repaid, the report said. Limitations in upgrading and stricter NPA standards will increase NPAs.

(Gujarat News Office) MUMBAI: Gold and silver prices fell and rose again in the Mumbai jewelery market today. Gold prices fell in global markets today after the global dollar index rebounded. Gold prices in the world market today were quoted at થી 150 to ૭૯ 151. Gold was followed by global silver at ૬૪ 4.5 to ૬૫ 6.5 an ounce today. In the Ahmedabad jewelery market, silver prices fell by Rs 200 per kg and touched a high of Rs 2,000 again today. Andavad was hitting a low of Rs 900 per 10 grams and Rs 200 per head at Rs 4.50. Platinum, meanwhile, traded lower at ૯૯૯ 8,000 to ૧ 1,000 an ounce and palladium at ૮૮૪ 12-13 an ounce. Meanwhile, gold prices in the Mumbai jewelery market today closed at Rs 5, excluding GST, from Rs 4.50 to Rs 5. While prices with GST were 3% higher. Meanwhile, the country is considering raising the GST rate on gold from 5 per cent to 5 per cent. As a result, Ajanpo has also appeared in the jewelery market. The government is talking of imposing a 5 per cent GS...

(Gujarat News Correspondent) MUMBAI: The November trend in derivatives came to an end today on the back of a sharp rise in funds in Reliance Industries. Funds bought heavily today in shares of Reliance Industries to curb index-based erosion, along with shares of IT-software services stocks led by Infosys and stocks of selected healthcare-pharmaceuticals companies. The funds also boosted consumer durables stocks as well as oil and gas stocks. On the global front, with the resumption of Corolla transition in countries including Germany, Austria, France and the prospect of a lockdown, the global economy is being shaken by rising inflation. Crude oil prices saw a modest decline in the positive effect of the stock announcement. With the alarming rise in corona cases in Germany, the death toll has crossed one lakh and global concerns are mounting. At the close of the day, the Sensex was up 3.01 points at 3.05 and the Nifty spot was up 191.60 points at 17.8. Crude oil Brent was down 3 cents ...

Mumbai: The country's crude import bill is expected to cross last year's level in the current month. India's crude oil import bill has risen due to tightening of crude oil prices and rising demand. In the ten months to the end of October, the average price of crude oil had crossed 80 a barrel. India's crude import bill is likely to be the highest in the last three years this year due to high crude oil prices. In October, the average price of crude oil in India was 2.11 per barrel. India's crude oil import bill stood at ૨ 2.50 billion in 2020-21, up from. 21.10 billion in October of the current financial year. In the last financial year, India imported a total of 127 million tonnes of crude oil. This figure has reached 114 million tonnes so far in the current financial year. India's average import price of crude oil in the first seven months of FY2009-21 was ૨૪ 4.5 per barrel, which has risen to ૭ 61.8 per barrel in the current financial year. Higher crude o...

Ahmedabad: The wealth of the country's and Asia's richest men Mukesh Ambani and Gautam Adani is currently under discussion. As rich, Ambani is ahead in wealth but in one year, Adani kills the ground in terms of wealth growth. According to the Bloomberg Billionaire Index, Gautam Adani's wealth has grown by 3 billion annually, while Mukesh Ambani's wealth has grown by only ૩ 12 billion. Last year, Mukesh Ambani had a net worth of 4.5 billion while Gautam Adani had a net worth of 2.1 billion. On Wednesday, through Gautam Adani's six listed companies, his assets (as a promoter in the total market value of the companies) were worth Rs 3,01,8 crore, while Mukesh Ambani's assets were worth Rs 2,6,8 crore. So the difference between the two was only Rs 4.5 crore. Mukesh Ambani has a net worth of Rs 1,11,60 crore more than Gautam Adani after the companies' shares fluctuated on Thursday. Gasification assets rearrangement scheme MUMBAI: As a result of more than one...

MUMBAI: The non-performing assets (NPAs) of non-banking finance companies (NBFCs) are expected to increase by 120 to 150 basis points in the current financial year, from 3.50 per cent to 8.50 per cent, due to stricter standards and upgrades for loans under stress. In the case of housing finance companies, the NPA is expected to rise by 20 basis points to 8.50 per cent, according to an ICRA report. The report takes into account the risk of new NPAs coming from revised standards and restructured books. At the end of March 2012, the gross NPA of NBFCs was 2.50 per cent, while for housing finance companies, the figure was 5 per cent. In addition, NPA accounts can be upgraded to standard assets only after each outstanding amount has been repaid, the report said. Limitations in upgrading and stricter NPA standards will increase NPAs.

(Gujarat News Office) MUMBAI: Gold and silver prices fell and rose again in the Mumbai jewelery market today. Gold prices fell in global markets today after the global dollar index rebounded. Gold prices in the world market today were quoted at થી 150 to ૭૯ 151. Gold was followed by global silver at ૬૪ 4.5 to ૬૫ 6.5 an ounce today. In the Ahmedabad jewelery market, silver prices fell by Rs 200 per kg and touched a high of Rs 2,000 again today. Andavad was hitting a low of Rs 900 per 10 grams and Rs 200 per head at Rs 4.50. Platinum, meanwhile, traded lower at ૯૯૯ 8,000 to ૧ 1,000 an ounce and palladium at ૮૮૪ 12-13 an ounce. Meanwhile, gold prices in the Mumbai jewelery market today closed at Rs 5, excluding GST, from Rs 4.50 to Rs 5. While prices with GST were 3% higher. Meanwhile, the country is considering raising the GST rate on gold from 5 per cent to 5 per cent. As a result, Ajanpo has also appeared in the jewelery market. The government is talking of imposing a 5 per cent GS...

(Gujarat News Office) MUMBAI: New demand in the Mumbai oilseeds market was slow today. Prices remained sluggish. However, in the futures market, soybean futures rebounded by 3% at one point today and the bullish circuit was enforced again. There was news that soybean growers were hesitant to sell to farmers. In the Mumbai spot market, the price of cingulum oil is Rs.150, cottonseed oil is Rs.150, mustard is Rs.1210 and ref. CPO Kandla was priced at Rs. On the Saurashtra side, prices of cingulum oil fell from Rs 1,200 to Rs 15 per kg, Rs 1,100 per 15 kg and Rs 1,610 per kg of washed cotton. In the evening trade, CPO prices were at Rs 1,150 and soyoil futures at Rs 19.50. In Malaysia, meanwhile, palm oil futures were at a 6-point pulse today, while palm product prices were down ડો 10. There was news that palm oil futures bounced back from a high of 8 to 20 points at one point today. At home today, the price of palm oil in various deliveries at Mundra-Hazira was Rs. Soybean income in...

(Gujarat News Correspondent) MUMBAI: The November trend in derivatives came to an end today on the back of a sharp rise in funds in Reliance Industries. Funds bought heavily today in shares of Reliance Industries to curb index-based erosion, along with shares of IT-software services stocks led by Infosys and stocks of select healthcare-pharmaceuticals companies. The funds also boosted consumer durables stocks as well as oil and gas stocks. On the global front, with the resumption of Corolla transition in countries including Germany, Austria, France and the prospect of a lockdown, the global economy is being shaken by rising inflation. Crude oil prices saw a modest decline in the positive effect of the stock announcement. With the alarming rise in corona cases in Germany, the death toll has crossed one lakh and global concerns are mounting. At the end of the day, the Sensex was up 3.01 points at 3.05 and the Nifty spot was up 191.60 points at 12.5. Crude oil Brent was down 3 cents at ૮...

AHMEDABAD: The long-awaited sell-off or correction has taken place in the Indian stock market. On Friday, the Sensex was down 17.6 points at 7,109.15 and the Nifty was down 203.50 points at 12,09.8. With today's decline, the biggest weekly decline since January has been in the Indian stock market, with both major stocks closing at three-month lows. However, even in the face of this decline, retail customers and domestic funds are buying and foreign institutions are selling out of India. Is. Mutual funds have been bought for Rs 4,606.5 crore against this sale. Most surprisingly, retail customers are also buying and their purchases have intensified over the past month. Retail customers made purchases worth Rs 2,50.10 crore during the period. Buy at every drop, this purchase is taking place amidst the advice that there is no room for correction in the market now. The way in which the market has seen a decline may lead to panic among retail consumers, which could have a major impact...

MUMBAI: The new Covid variant found in South Africa has swayed the minds of investors in most of the global markets. Analysts are advising that investors should adopt a wait-and-see policy in the current scenario and not rush to buy stocks at a lower price. As winter approaches rapidly in western countries, there is a risk of a resurgence of corona, which is dangerous for the market, analyst Christopher Wood noted in his weekly note. The new variant could lead to re-lockdowns in various nations, which could hamper economic recovery. Many Asian markets, including India, were hit hard today. We will keep an eye on the trend in December, when corona cases have risen sharply in the US, Germany, France, Russia and the UK. The period till the end of December is very dangerous as the movement of people will increase due to the festive season in December. An increase in the movement of people could lead to a third wave of Corona in India, according to a report released by a stockbroking h...

(Gujarat News Office) MUMBAI: Prices of various domestic and imported edible oils declined in the Mumbai Oilseeds market today. The world market was soft. Following the fall in world crude oil prices, palm oil futures in Malaysia fell by 3 points. There was a new demand in the Mumbai market today. In the Mumbai spot market, the price of 10 kg of cingulum oil fell by Rs 150 while that of cottonseed oil fell by Rs 15. On the Saurashtra side, prices of cingulum oil fell to Rs 1,200 and 15 kg from Rs 4,050 to Rs 6,050 per kg, while cotton washed prices fell to Rs 1,200. In the Mumbai market, the price of imported palm oil fell to Rs 115. Crude palm oil CPO Kandla was down by Rs 1,150. Meanwhile, in the futures market this evening, the CPO price fell by Rs 15.50 to Rs 1112 while the soyoil futures price fell by Rs 19.50 to Rs 19. Soybean futures were quoted at Rs 5 per kg today. While castor futures were up by Rs 5 to Rs 50. Mumbai spot castor and castor oil prices were showing a slight ...

(Gujarat News Office) MUMBAI: The Mumbai currency market witnessed a sharp rise against the dollar today. The rupee also depreciated in the currency market today on the back of a sharp fall in the stock market, market sources said. After opening at Rs 4.5 this morning, the dollar rose to a low of Rs 4.5 and closed at Rs 4.5, ending the day at a high of Rs 4.5, close to Rs 4. Were. The dollar had gained 3 paise today. The outbreak of the new corona virus in South Africa has had a knock-on effect on the domestic currency market, however. The global dollar index, which had a low of 7.5, fell to a low of 7.5 and a low of 0.7, with a fall of 0.6 per cent. Meanwhile, at home, the British pound also rose by 3 paise to close at Rs 4.5 against the rupee today. The European currency, the euro, touched a high of Rs 4.5 today and closed at Rs 4.5. The euro rose 21 paise. Japan's yen rose 1.21 per cent against the rupee today, while China's currency rose 0.4 per cent against the rupee,...

Index-based crash: Traders' wealth erodes by Rs 3.5 lakh crore (Gujarat News Correspondent) MUMBAI: A new African corona variant has been found in South Africa after the Delta spread at an even more alarming rate after the world-shaking corona epidemic reoccurred. Today was Black Friday as markets in many countries, including India, collapsed amid a flurry of global markets, with renewed concern for the global economy as tourists flocked to South Africa. Banking-Finance, Consumer Durables, Automobiles, Oil-Gas, Power-Capital Goods in Indian Stock Markets IT-Software Services, Technology, Metal-Mining, FMCG, Realty Stocks At the end of Khabki, it fell by 14.5 points and closed at 3109.18. The US dollar had gained 6 paise to close at Rs 4.5 against the rupee today. Black Friday: Sensex loses intra-day 2000 level to 6 Trading started today with the expected softness. The Sensex opened 30 points gap below the previous close of 8.05, hitting a low of 7.5. Due to hammering and offloa...

- The Sensex rose 454.10 points, or 0.78 per cent, to close at 58795.09 on Thursday. New delhi date. Friday, November 26, 2021 The stock market is in an earthquake state once again today. The 30-share BSE Sensex and the NSE Nifty index fell sharply. Both indices declined sharply shortly after the start of trading with the red mark. By 10:35 a.m., the Sensex was down more than 1,300 points while the Nifty was down 400 points. The stock market had a bad start on Friday, the fifth trading day of the week. Both the BSE Sensex and the NSE Nifty opened at the red mark. The Sensex opened 815.71 points, or 1.39 per cent, lower at 58,000. It started at 57979.38. The NSE Nifty traded lower by 239.60 points, or 1.37 points, to 17,296.65. The Bombay Stock Exchange benchmark Sensex finally rose by 454.10 points, or 0.78 per cent, to close at 58795.09 after a day of volatility with a weak start on Thursday. The Nifty also closed 121.20 points, or 0.70 per cent, higher at 17536.25.

MUMBAI: Eighty-one per cent of Indians have little or no confidence in cryptocurrencies, with only 1 per cent having high confidence, while a recent survey found that 51 per cent of Indians want to have their own digital currency. In a survey conducted by a private firm, 5 per cent of respondents said the government should not legalize cryptocurrencies but suggested that the tax should be levied the way digital assets are taxed abroad. 3% of people demanded that legal currencies be taxed in India. The survey, conducted from November 8 to 9 in six districts of the country, was attended by more than 3,000 people. The survey was conducted amid widespread debate in the country over cryptocurrency trading. However the government has decided not to allow private cryptocurrencies. Nine percent of those surveyed said their family members did not invest or trade in cryptocurrencies. When asked about the reliability of cryptocurrencies, 1% said they had high confidence in it, 19% said it wa...

MUMBAI: Investment in the Indian capital market through participatory notes (P-notes) rose to Rs 1.08 lakh crore at the end of October, from a three-month high. Foreign capital investors who are not registered in India can invest in the capital market through foreign institutional investors in the country. However for this investment he has to go through some processes. At the end of March 2016, the investment through P-notes stood at Rs 1.08 lakh crore. P-notes investment increased by Rs 2,000 crore in October. Investments in equities fell by Rs 2,000 crore, while investments in debt instruments through P-notes declined by Rs 2,000 crore. Long-term interest rates are now at an all-time low and inflationary pressures will force the Reserve Bank to raise interest rates in 203, prompting FPIs to shift from lending instruments to equities, an analyst said. Out of the P-Notes investments of Rs 1.04 lakh crore at the end of October this year, Rs 216 crore was in equities, Rs 3 crore in...

Mumbai: The country's crude import bill is expected to cross last year's level in the current month. India's crude oil import bill has risen due to tightening of crude oil prices and rising demand. In the ten months to the end of October, the average price of crude oil had crossed 80 a barrel. India's crude import bill is likely to be the highest in the last three years this year due to high crude oil prices. In October, the average price of crude oil in India was 2.11 per barrel. India's crude oil import bill stood at ૨ 2.50 billion in 2020-21, up from. 21.10 billion in October of the current financial year. In the last financial year, India imported a total of 127 million tonnes of crude oil. This figure has reached 114 million tonnes so far in the current financial year. India's average import price of crude oil in the first seven months of FY2009-21 was ૨૪ 4.5 per barrel, which has risen to ૭ 61.8 per barrel in the current financial year. Higher crude o...

Ahmedabad: The wealth of the country's and Asia's richest men Mukesh Ambani and Gautam Adani is currently under discussion. As rich, Ambani is ahead in wealth but in one year, Adani kills the ground in terms of wealth growth. According to the Bloomberg Billionaire Index, Gautam Adani's wealth has grown by 3 billion annually, while Mukesh Ambani's wealth has grown by only ૩ 12 billion. Last year, Mukesh Ambani had a net worth of 4.5 billion while Gautam Adani had a net worth of 2.1 billion. On Wednesday, through Gautam Adani's six listed companies, his assets (as a promoter in the total market value of the companies) were worth Rs 2,01,8 crore, while Mukesh Ambani's assets were worth Rs 2,6,8 crore. So the difference between the two was only Rs 4.5 crore. Mukesh Ambani has a net worth of Rs 1,11,60 crore more than Gautam Adani after the companies' shares fluctuated on Thursday. Gasification assets rearrangement scheme MUMBAI: As a result of more than one...

MUMBAI: The non-performing assets (NPAs) of non-banking finance companies (NBFCs) are expected to increase by 120 to 150 basis points in the current financial year, from 3.50 per cent to 8.50 per cent, due to stricter standards and upgrades for loans under stress. In the case of housing finance companies, the NPA is expected to rise by 20 basis points to 8.50 per cent, according to an ICRA report. The report takes into account the risk of new NPAs coming from revised standards and restructured books. At the end of March 2012, the gross NPA of NBFCs was 2.50 per cent, while for housing finance companies, the figure was 5 per cent. In addition, NPA accounts can be upgraded to standard assets only after each outstanding amount has been repaid, the report said. Limitations in upgrading and stricter NPA standards will increase NPAs.

(Gujarat News Office) MUMBAI: Gold and silver prices fell and rose again in the Mumbai jewelery market today. Gold prices fell in global markets today after the global dollar index rebounded. Gold prices in the world market today were quoted at થી 150 to ૭૯ 151. Gold was followed by global silver at ૬૪ 4.5 to ૬૫ 6.5 an ounce today. In the Ahmedabad jewelery market, silver prices fell by Rs 200 per kg and touched a high of Rs 2,000 again today. Andavad was hitting a low of Rs 900 per 10 grams and Rs 200 per head at Rs 4.50. Platinum, meanwhile, traded lower at ૯૯૯ 8,000 to ૧ 1,000 an ounce and palladium at ૮૮૪ 12-13 an ounce. Meanwhile, gold prices in the Mumbai jewelery market today closed at Rs 5, excluding GST, from Rs 4.50 to Rs 5. While prices with GST were 3% higher. Meanwhile, the country is considering raising the GST rate on gold from 5 per cent to 5 per cent. As a result, Ajanpo has also appeared in the jewelery market. The government is talking of imposing a 5 per cent GS...

(Gujarat News Office) MUMBAI: New demand in the Mumbai oilseeds market was slow today. Prices remained sluggish. However, in the futures market, soybean futures rebounded by 3% at one point today and the bullish circuit was enforced again. There was news that soybean growers were hesitant to sell to farmers. In the Mumbai spot market, the price of cingulum oil is Rs.150, cottonseed oil is Rs.150, mustard is Rs.1210 and ref. CPO Kandla was priced at Rs. On the Saurashtra side, prices of cingulum oil fell from Rs 1,200 to Rs 15 per kg, Rs 1,100 per 15 kg and Rs 1,610 per kg of washed cotton. In the evening trade, CPO was at Rs 1,150 and soyoil futures at Rs 19.50. In Malaysia, meanwhile, palm oil futures were at a 9-point pulse today, while palm product prices were down ડો 10. There was news that palm oil futures bounced back from a high of 8 to 20 points at one point today. At home today, the price of palm oil in various deliveries at Mundra-Hazira was Rs. Soybean income in Madhya ...

(Gujarat News Correspondent) MUMBAI: The November trend in derivatives came to an end today on the back of a sharp rise in funds in Reliance Industries. Funds bought heavily today in shares of Reliance Industries to curb index-based erosion, along with shares of IT-software services stocks led by Infosys and stocks of selected healthcare-pharmaceuticals companies. The funds also boosted consumer durables stocks as well as oil and gas stocks. On the global front, with the resumption of Corolla transition in countries including Germany, Austria, France and the prospect of a lockdown, the global economy is being shaken by rising inflation. Crude oil prices saw a modest decline in the positive effect of the stock announcement. With the alarming rise in corona cases in Germany, the death toll has crossed one lakh and global concerns are mounting. At the close of the day, the Sensex was up 3.01 points at 3.05 and the Nifty spot was up 191.60 points at 17.8. Crude oil Brent was down 3 cents ...

(Commercial Representative) MUMBAI: Paytm-One2Communications Ltd's massive discount listing of stocks and the day after, the stock crashing in the day after the banks' high interest financing by making huge applications for crores of rupees in IPOs, feeding the high networth investor class The market is discussing the operation to trap the class that hit the stocks and by jumping the stock from the bottom of Rs 151 to more than 3% in just two days, the game of trapping this class is now being played. There was also a discussion about the looting of the people who used to trade in box trading and those who dared to trade in vain by taking them in a trap and plundering them into the pit of loss. Global brokerage giant Macquarie stated in the first report just before the company's IPO that Paytm's share over valuation was being issued and after giving a target price of Rs. Prices were listed at a discount of Rs 2,150 and fell by 30 per cent to a low of Rs 121 on Monday,...

(Commercial Representative) MUMBAI: Investment funds have been warning for the past few days that the Indian stock market is overvalued and the stock prices of many companies are getting too high from their fundamental valuations. . In the last four trading sessions alone, FIIs-FPIs have sold a whopping net Rs 15,000 crore in stocks. With this, foreign funds-FPI-FIIs have been sold for more than Rs 2,000 crore since April 2021. FIIs-FPIs have sold more than Rs 2,000 crore worth of stocks in November 2021. 12,09 crore in April 2021, Rs. 2013 crore in May 2021, Rs. 2.5 crore in June 2021, Rs. 5,12 crore in July 2021, Rs. Excluding net purchases, a net sale of Rs 5 crore was made in October 2021 and a net sale of Rs 303 crore so far in November 2021. According to this, from April to November 2021, FIIs-FPIs have sold a huge net amount of shares worth over Rs 2,000 crore so far. Against this, domestic institutional investors, funds have sold net worth Rs 2,000 crore so far between Apri...

(Gujarat News Office) MUMBAI: The Mumbai currency market today witnessed a slowdown after a two-way fluctuation in the value of the dollar against the rupee. At the end of the day, the index remained in the negative after two-way fluctuations in the stock market, which had an effect on the rupee's move in the currency market today. The dollar opened at Rs 4.5 with a low of Rs 7.5 and closed at Rs 4.5, a high of Rs 4.81 and a low of Rs 4.31. The dollar fell four paise overall today. However, the dollar index rose against various major currencies in world markets today. The global dollar index rose 0.17 per cent today, from a high of 7.5 to 7.5, to 7.5. The market was watching the minutes of the last meeting of the US Federal Reserve. The euro broke against the dollar in world markets. Corna's outbreak was reported in various countries in Europe. In the Mumbai market, the euro depreciated by 8 paise against the rupee today, falling by Rs 4.5 to Rs 4.5 and remaining at Rs 4.5....

(Gujarat News Office) MUMBAI: Peanut oil and cottonseed oil prices fell in the Mumbai Oilseeds market today. Producers were showing news of sales. Meanwhile, palm oil futures in Malaysia rose 3 points in world markets today. Soybean oil prices in the US agricultural markets were projected to be 4 to 5 points higher in the projection this evening. In the Mumbai spot market today, the price of 10 kg of cingulum oil fell by Rs 15 while that of cottonseed oil fell by Rs 150. On the other hand, on the Saurashtra side, there was news that the price of cotton washed was reduced to Rs. In the Mumbai market, imported palm oil was quiet at Rs 1,200 today, while crude palm oil CPO Kandla was down at Rs 1,150. Palm oil had a new lease of life. In the futures market, CPO futures fell by Rs 2.50 this evening while soyoil futures rose by Rs 2.00. Soybean futures rose by Rs. While castor futures fell by Rs. Mumbai spot castor prices fell by Rs 3 while spot castor oil prices fell by Rs 5 per 10 kg. ...

(Gujarat News Correspondent) MUMBAI: Derivatives stocks were called off today after an indefinite upheaval with a deceptive surge in the market ahead of the November-Thursday trend. Yesterday's rally was clearly deceptive, but the big experts in trapping traders and gamblers in the F&O game, trapping funds as expected, came amid reports of privatization of oil and gas stocks and PSU banks. Was. After the Sensex plunged by 21 points in the last moments of the market closing, the Sensex finally fell by 4.5 points to 20.3 and the Nifty spot by 1.20 points to close at 1912.05 in the last turmoil. It was clear today that the rise on the global front was deceptive as negative factors were on the rise. Amid reports that Germany has also announced a lockdown in Austria following the alarming rise in Corona transition in European countries, last-minute gaps in the Indian stock market today led to gaps in pharmaceuticals-healthcare stocks, IT-software services, technology and services. ...

MUMBAI: Mutual funds and foreign institutional investors (FPIs) are pouring more money into the initial public offerings (IPOs) than anchor investors in the current year. As an anchor investor, FPIs have so far invested Rs 5 crore in 2021, which is approximately six times as much as last full calendar year and more than nine times as compared to 2016. According to a research firm, the figure for mutual funds is Rs 15 crore. The combined investment of mutual funds and FPIs for the current year is five times higher than last year. New age digital companies like Paytm, Zomato, Nayaka have received huge sums in the form of anchor investments. In Paytm, FPI has received an anchor investment of Rs 216 crore, while Zomato has received an anchor investment of Rs 3 crore and Nayaka Rs 150 crore. The 2009 and 2010 IPO cycles were led exclusively by foreign investors. The research firm's report says that the trend of anchor investments by domestic institutional investors has increased ov...

Foreign funds, investors to sell Rs 15,000 crore net in three days (Gujarat News Correspondent) MUMBAI: Among the more negative factors on the economic front, the Modi government was forced to withdraw three agriculture laws last week and the cancellation of Reliance-Aramco deals as well as discounting listings on shares of Paytm-One2 Communications. Today-Tuesday, after the crash, the declining funds put the market in a positive zone by giving a break to the crash. Derivatives showed short covering by stopping erosion today before the end of the November trend in the weekend on Thursday. Of course, as the market is still trading at overvaluation, the rise in stocks by funds and experts today has been described by some as a deceptive boom. Metal-mining, power-capital goods, healthcare-pharmaceuticals, automobiles, consumer durables, realty stocks gave the market a U-turn. The Sensex recovered after a sharp fall of 4.5 points to close at 1.8 points, up 3.8 points and the Nifty spot re...