by Green Portfolio Team | Dec 9, 2022 | Newsletters
Tata Consultancy Services (TCS) had approved to buy back 4 crore shares through a tender offer at a price of ₹4,500 per share resulting in a total offer size of ₹18,000 crore. The record date has been fixed on February 23, 2022 for the purpose of determining the...
by Green Portfolio Team | Dec 8, 2022 | Latest News
Notably, the stock is down over 57 per cent from its 52-week high of Rs 148.85, hit on December 9, 2021. However, it is up over 60 per cent from its 52-week low of Rs 40.55, hit on July 27, 2022. Shares of Zomato have managed to catch the attention of investors on...
by Green Portfolio Team | Dec 8, 2022 | Newsletters
Outsmarting both the Nifty and the broader market indices, PMS funds, used by HNIs to park their surplus capital, delivered up to 13.5% returns in November. While Nifty gave a little over 4% last month, the return from BSE500 was even lower at 3.3%. Data pulled from...
by Green Portfolio Team | Dec 7, 2022 | Latest News
Despite some signs of moderation, RBI Governor Shaktikanta Das said the main risk was that inflation would remain sticky and elevated The Reserve Bank of India (RBI) hiked the repo rate by 35 basis points (bps) to 6.25 per cent on Wednesday. RBI governor Shaktikanta...
by Green Portfolio Team | Dec 7, 2022 | Latest News
The Reserve Bank of India in a move towards normal liquidity operations on Wednesday decided to restore market hours – from 9.00 am to 5.00 pm – in respect of call/notice/term money, commercial paper, certificates of deposit, and repo in corporate bond...