Market
Home prices across India fall 2.3 per cent in six months
As on Q2 2020, prices declined by 1.9 per cent for the 12-month period
Merchandise exports continues to decline in August, trade deficit widens sequentially
In the month of August, merchandise exports stood at $22.70 billion as compared to $25.99 billion in August 2019
13 lakh new retail investors added in stock market in past one month
Telangana records the highest increase in number of new investors
Happiest Minds IPO sees strong response, subscribed over 150 times
Route Mobile’s Rs 600 crore IPO has been fully subscribed on the very first day of bids opening, as per data updated by stock exchanges
Mutual fund redemption pressure continued in August
There were net withdrawals on all but four days of the month
Oil prices tumble $1 per barrel after Saudi price cuts
The recovery in oil prices has also encouraged some US drillers to return to the wells
HGS Q1 profit at Rs 49.2 crore, expects strong growth despite COVID challenges
HGS' revenue from operations grew 1.5% to Rs 1,235.8 crore in the quarter under review as against Rs 1,218 crore in the year-ago period
RBI rides to rescue, unveils steps to cool rising bond yields
The RBI has allowed an additional 2.5 per cent of deposits for banks as HTM for the second half of the current financial year
Markets open in green, Sensex up 400 points; Nifty above 11,500
IndusInd Bank was the top gainer in the Sensex pack, surging around 4 per cent
FPIs invest Rs 46,602 crore in August, highest foreign inflows in five years
In the first half of August ICICI Bank raised Rs 15,000 crore through QIP, Axis Bank and HDFC raised Rs 10,000 crore each