Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisis
Sri Lanka's central bank enacted a significant 100 basis point policy rate hike, its largest in four years, to combat rising inflation and a weakening rupee. This move comes as the nation grapples with soaring energy prices driven by the Middle East conflict, impacting economic growth and foreign reserves.
LIC raises stake in Central Bank of India to over 6% amid government OFS move - Mint
LIC raises stake in Central Bank of India to over 6% amid government OFS moveMint
Central Bank's OFS draws 1.28x subscription
The government's offer to sell its stake in Central Bank of India saw strong investor interest. The two-day issue closed on Monday with an overall subscription of 1.28 times. Institutional investors showed significant participation. Retail investors also placed bids for shares. The government aimed to divest up to an 8% stake in the bank.
LIC hikes stake in Central Bank of India to 6.06%
Should you buy Central Bank of India shares as OFS opens today? - Mint
Should you buy Central Bank of India shares as OFS opens today?Mint
Global Market Outlook: Inflation, War and AI keep investors on edge
Global markets face rising volatility amid Iran conflict, inflation fears, surging bond yields, central bank uncertainty and accelerating AI-driven disruption, keeping investors cautious as geopolitical tensions and economic risks intensify worldwide.
Central Bank of India OFS opens for retail investors today — All you need to know
Among public shareholders in Central Bank of India, Life Insurance Corporation of India (LIC) has a 3.26% stake, while over 7 lakh retail investors have a 3.42% stake.
ECB Convenes Banks to Fix Flaws Exposed by AI Models, FT Says
The European Central Bank plans to press lenders to accelerate efforts to secure their IT systems after organizing a meeting on cybersecurity risks with the latest artificial intelligence models, the Financial Times reported.
India’s central bank can let rupee slide further as macro fallout will be limited - Investing.com India
India’s central bank can let rupee slide further as macro fallout will be limitedInvesting.com India
India’s central bank can let rupee slide further as macro fallout will be limited - Investing.com
India’s central bank can let rupee slide further as macro fallout will be limitedInvesting.com
Retail players can skip Central Bank of India OFS, say analysts, cite margin and earnings concerns
Retail investors are being urged by market analysts to steer clear of the government's shares sale in Central Bank of India. The bank's current margin issues and uncertain future profitability raise red flags. Despite the attractive discount on the offer price, experts forecast further share sales needed for compliance, leading to persistent sales pressure on the stock.
Central Bank of India OFS fully subscribed; Qatar Holding sells 0.4% stake
The government's Rs 2,250 crore share sale in Central Bank of India was fully subscribed, while large block deals were executed in Paytm and Adani Energy