Last year, plans for an inaugural offshore sovereign bond provoked a wave of controversy.
The Nifty Auto index was trading 1.79 per cent down at 4574.15.
Domestic benchmark index NSE Nifty was trading 116.30 points down at 8137.5.
Benchmark NSE Nifty index was trading 104.05 points down at 8149.75.
Equity benchmark Sensex tumbled over 400 points in early trade on Friday led by losses in banking and auto stocks as investor sentiment continued to be weighed down by the uncertainty over the COVID-19 pandemic and its economic impact. After hitting a low of 27,800.07, the 30-share BSE barometer was trading 375.34 points or 1.33 per cent lower at 27,889.97.
The Nifty 50 index was trading 112.95 points down at 8140.85 .
He said in a positive case scenario, better news will arrive in the not-too-distant future.
The impact of the coronavirus on economies “will not be over quickly", he said.
Gehlaut bought 24 lakh shares from the open market at Rs 96.33 apiece.
We have no doubt equities stack up as the best asset class to invest at this point.
The financial year gone by saw a stellar show by the 10 most-valued stocks.
Jhawar is the chairman of Sebi-registered investment advisory firm Finideas Group.
For FY21, analysts are recommending equities, mutual funds and agri-commodities.
The fund beat its benchmark in 2019 largely because the U.S. market outperformed India.
Shares of these companies have plunged between 17 per cent and 72 per cent.
The company did not give the purpose of the fundraising.
The price-to-book value for Nifty has come down to 2.35 from 3.75 in December end.
Among the 50 components in the Nifty index, 13 shares were trading in the green, while 37 were in the red.
Mukesh Ambani-led Reliance group’s RIL and another microcap stock performed well.
Shares of Sundaram Finance Ltd. traded flat in trade at 10:44 am.
The generic would be used for treatment of asthma and chronic obstructive pulmonary disease.
Shares of Coal India Ltd. traded 4.37 per cent down in trade at 10:39 am on Friday.
The stock quoted a 52-week high of Rs 716.4 and a 52-week low of Rs 121.7.
Shares of TVS Motor Company Ltd. traded 6.07 per cent down in trade at 10:34 am on Friday .
Total motorcycle sales stood at 3,05,883 units last month as against 5,35,943 units in March 2019, down 42.9 per cent.
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