ThinkStock PhotosOn the BSE, Sobha (down 12.81 per cent), S R G Sec. Fin.(down 11.11 per cent), Advik Capital(down 10.94 per cent), Roni Households(down 10.00 per cent) and Ashish Poly(down 9.96 per cent) stood among the top losers in today's trade.
In the Nifty pack, 32 stocks closed in the green, while 16 stocks ended in the red.
The index closed 44.4 points up at 17151.9.
On the BSE, Patron Exim Ltd., Sobha, Roni Households, Cybermate Info and Trio Mercantile hit their fresh 52-week lows, while Gretex Corporate Services Ltd., Ranjeet Mechatronics, O P Chains Ltd., Chaman Lal Setia and HB Estate Dev touched their fresh 52-week highs in today's trade.
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Ola Electric Kicks Off $250-300m Fundraise PlanIndia’s largest electric two-wheeler company Ola Electric Mobility is planning to raise a fresh round of $250-300 million in growth equity to expand two-wheeler operations and fund its planned battery facility, said people with knowledge of the matter.
Bond Sales: PNB, IOB & DCB Bank may Face Higher Funding CostsPunjab National Bank (PNB), Indian Overseas Bank (IOB) and DCB Bank may have to negotiate higher funding costs as these lenders seek to sell bonds amid a global turmoil caused by the Swiss regulator's write-down of nearly $17 billion of Additional Tier 1 (AT-1) instruments in the Credit Suisse bailout.
D-St Back in Green as Credit Suisse Deal Soothes InvestorsIndian equities rose on Tuesday, tracking the overnight rebound in the US markets, on hopes that the banking crisis might be eased for now following Credit Suisse’s acquisition by UBS. The decline in crude oil prices also alleviated some worries. Investors are now awaiting the outcome of the US Federal Reserve’s monetary policy meeting on Wednesday.
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