When the epidemic is contained, investors’ confidence will return. They will withdraw money from shelter channels and pour money into risky assets. As the dollar will no longer be the shelter, the demand will decrease and the exchange rate will return to normal again. Meanwhile, foreign investors are selling shares in Vietnam. As they are buying dollars in large quantities to transfer money abroad, the dollar price has increased. … [Read more...] about Why has the US dollar price escalated?
MUMBAI: Investors such as Radhakishan Damani and Sameer Gehlaut lapped up stocks on Dalal Street on Tuesday, according to the bulk deals data. BSE barometer Sensex rallied 3.62 per cent or 1,028 points to end at 29,468.49 on the back of positive cues from global markets. While NSE Nifty rose 3.82 per cent or 317 points to settle at 8,598. Here’s who bought what in some of key bulk and block deals of the day: Radhakishan Damani stocked up on Delta Corp as he bought 15,50,000 shares at Rs 65.25 each from Derive Investments, NSE data showed. As of end December 30, he held 1.32 per cent stake in the company. Delta Corp shares closed nearly 5 per cent higher at Rs 65.35 on the exchange. Sameer Gehluat further hiked stake in Indiabulls Housing Finance as he bought 24,00,000 shares in the company at Rs 96.33 each. Last week, he had bought 23,00,000 of the company at Rs 96.56 per share. At the end of the December quarter, Gehlaut held 0.12 per cent stake in the NBFC. The shares … [Read more...] about Bulk & Block Deals: Radhakishan Damani buys Delta Corp shares, Sameer Gehlaut raises stake in Indiabulls Housing
According to Ferguson, the deal collapsed when Di Canio asked for too much money. "I tried so hard to get Di Canio," he said. "The deal was all done. We had made an offer he had accepted, but then he came back saying he wanted more. We couldn't agree to the new demand." … [Read more...] about Manchester United transfers: The 50 best signings that got away
At the tactical level the bureaucracy must ensure that gaps in the existing lockdown policy are bridged and people are provided with essential services and food so that the objectives of the lockdown can be achieved. … [Read more...] about What government must do after the lockdown ends
NEW DELHI: Shares of Multi Commodity Exchange of India traded 3.94 per cent down in Wednesday 's trade at 11:36 am. Around 48831 shares changed hands on the counter. The stock opened at Rs 1106.45 and touched an intraday high and low of Rs 1109.0 and Rs 1071, respectively, in the session so far. The stock quoted a 52-week high of Rs 1439 and a 52-week low of Rs 643.5. Ward Ferry Management bought 9,02, 482 shares in MCX at Rs 1,066 per share, while East Bridge Capital sold 9,06,409 shares in the company at Rs 1,066.08 per share. Financials Multi Commodity Exchange of India Ltd., incorporated in the year 2002, is a Mid Cap company (having a market cap of Rs 5765.37 Crore) operating in Financial Services sector. For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 89.27 Crore, down -10.86 % from last quarter Sales of Rs 100.15 Crore and up 16.04 % from last year same quarter Sales of Rs 76.93 Crore Company has reported net profit after tax of … [Read more...] about Trending stocks: MCX share price down 4% as Nifty plunges