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Latest Stock Market News

Shriram Trans Fin shares drop 1.4% as Sensex rises

Updated at : 2021-11-25 15:20:01

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The stock quoted a 52-week high of Rs 1696.15 and a 52-week low of Rs 917.95.

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As of 30-Sep-2021, promoters held 0.0 per cent stake in the company, while FIIs held 5.21 per cent and domestic institutional investors had 2.16 per cent.

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"With the Reserve Bank of Australia more likely to hold a dovish stance on interest rates for quite some time, one can expect the greenback to strengthen further and the Australian dollar to remain under pressure", said Kunal Sawhney, chief executive officer of equity research firm Kalkine Group.

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Chinese regulators will look into investment activities of insurers which were beyond the allowed investment scope, including those invested into commercial real estates projects, and into unlisted property developers, a state-backed media outlet reported on Thursday.

“A framework would help design and innovate and give an outline on how new age lenders should come in and what checks and balances they should have in place.”

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The Europe-wide STOXX 600 index rose 0.4 per cent by 0809 GMT, bouncing off three-week lows hit on Wednesday.

The size of the bond issue is Rs 50 crore and is collateralized by at least Rs 62.5 crore worth of loans, the company said in a release.

In the recent T-20 cricket World Cup, one in three advertisements were of cryptocurrencies, with platforms and exchanges trying to attract viewers, the report said.

“For the time being, considering the price and the risk return profile, I would give Tata Power a pass.”

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A total of 454 shares changed hands on the counter till 01:36PM (IST)

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