The QIP should shore up its cash reserves currently at over Rs 7,000 crore
Revenue growth trajectory however is expected to remain robust
Value of promoter pledged holdings stood at Rs 1.6 trillion
Adani Total Gas and Adani Transmission rose 1.5% and 2.9%, while Adani Enterprises ended little changed; Sensex dropped 0.7%
Sebi had earlier expressed displeasure at fund houses depicting portfolio yield of debt schemes by leaving out yields on cash and cash equivalents
Those at Motilal Oswal caution against the possible earnings downgrades going ahead due to the mobility restrictions, which they believe has 'muddied sentiment and impaired FY22 earnings visibility
Experts blame the Covid wave for the decline in April; redemptions come down
Colonial Pipeline said on Sunday its main fuel lines remained offline after the attack that shut the system on Friday, but some smaller lines between terminals and delivery points were now operational
US nonfarm payrolls data on Friday showed jobs growth unexpectedly slowed in April, pushing the dollar to a more than two-month trough, making gold less expensive for holders of other currencies
Many will bear the brunt, except crude & gas producers and renewable firms
While the first three weeks of April saw robust demand in what is considered a seasonally strong period, lockdown in multiple states has seen offtake collapse
This came amid buoyancy in the secondary market
At the end of April, 13.5 per cent of FPIs' total equity investment was in the IT sector
Over the last four sessions, the Sensex has gained 1,248.90 points or 2.58 per cent.
Regulator yields to requests made by market participants
Outperformance to Nifty sharpest in more than a decade
West Texas Intermediate advanced 1.3 per cent, adding to Monday's modest climb as the dollar weakened, while production in Libya fell below 1 million barrels a day amid a budget dispute
Says current crisis is a temporary blip and India is poised for a long bull market
The broader markets witnessed healthy buying interest as both mid-cap and small-cap indices ended higher by 0.5 per cent
Through the maiden offering Canadian firm Sun Life Financial will divest its 12.56% holding, while Aditya Birla Capital will sell a little less than 1%