After weeks of net selling, FIIs have net bought for Rs 356 crores in cash market on Friday, 27-03-2020. DIIs too have net bought to the extent of Rs 1704 crores in the same segment. In March, till last Friday, FIIs had net sold for more than Rs 50,000 crores due to Corona virus / global melt down.
Sunday, March 29, 2020
Tuesday, February 25, 2020
Saturday, February 22, 2020
IPO SCAM : SEBI to intensify probe
Securities and Exchange Board of India, widened its investigations into alleged irregularities in initial public offers in 2011.
The companies under scanner are :
1. Readymade Steel
2. Timber Home
3. Inventure Growth
4. Parampont Printpacking
5. SRS Ltd
6. Birla Pacific Spa
7. Finotex Chemicals
8. Acropetal Tech
9. Sudar Garments
10. Midvalley Entertainment
11. Indo Thai Sec
12. Aanjneya Life care
13. Shilpa Cable
14. VMS Ind
15. Rushil Decor
16. Vaswani Ind
17. Prakash Constrowl
18. Servalaxmi Paper
19. Singhvi Forging.
FirstChoiceIPO had advised to stay-away from all the above IPOs except Acropetal Technologies.
Thursday, February 20, 2020
Swiggy raises further money
Online food delivery startup Swiggy has secured a fresh Rs 805 Cr in a round led by South African internet giant Naspers. Existing investors, Meituan-Dianping and Hadley Harbour Master Investments LP, also participated in the round.
Swiggy had reported a loss of Rs 2345 Cr for the year 2019.
Wednesday, February 19, 2020
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