This is the lowest trailing P/E for the benchmark index since May 2020, when the multiple had dropped to 19.56x
BSE had contended that the NCLT does not have any jurisdiction under Section 60 (5) of the IBC Code to adjudicate on the issues, which are within the Securities Law Framework and Sebi Circulars
Global fund outflows from India match those seen across entire EM basket
Nifty at 17x may look attractive, but earnings downgrades cloud returns as Goldman Sachs cuts India outlook amid rising macro risks
Selloff knocks India out of $200-billion club, hits top firms; broker dynamics shift and IPO activity slows amid rising market volatility
Weak same-store sales, rising competition, muted discretionary demand weigh on sales
Besides, the rupee-dollar trend and trading activity of foreign investors would also play a crucial role in dictating investors' sentiment
Last week, the BSE benchmark Sensex lost 949.74 points or 1.27 per cent, and the NSE Nifty tanked 294.9 points or 1.27 per cent
The contract, based on the S&P Global Energy (Platts) Dated Brent assessment, will be traded under the symbol "BRCRUDEOIL"
With one trading session still remaining in the month, the outflows could extend further. The previous record for the highest monthly exodus stood at ₹94,017 crore in October 2024
Bihar State Power Transmission Company Ltd (BSPTCL) is set to become the first state-owned transmission utility to go public, with the listing proposed on the NSE
The three IPOs that closed on Friday managed to scrape through, even as fresh turbulence gripped the secondary market
Infosys' acquisitions of Optimum Healthcare IT and Stratus Global strengthen AI-led capabilities, while sector valuations remain below historical averages amid ongoing correction
Foreign investors have sold a net $12.14 billion worth of Indian shares since the war began on February 28, marking the biggest monthly outflow on record
Many have scaled down operations in recent years
Fund houses eye passive schemes tracking Nifty REITs & Realty Index
US Treasury yields hit highest since July as bonds fall
Benchmark indices fell sharply as rising crude prices and escalating West Asia tensions unsettled investors, dragging markets to their longest weekly losing streak in months
The rupee hit a record low and bond yields surged amid foreign outflows, elevated crude prices and fiscal concerns following excise duty cuts on fuel
RIL shares fell 4% after the govt imposed export duty on petrol and diesel. Here's why it impacts margins, stock outlook, and what analysts recommend.