Foreign investors sold about Rs 22,474 crore of anchor allotments in a year, versus Rs 12,228 crore sold by mutual funds, SEBI study shows.
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Mohammed Uzair Shaikh is an Assistant Editor at NDTV Profit. Based in Mumbai, he primarily covers macroeconomics, markets, commodities, geopolitics and government policies.
Foreign investors sold about Rs 22,474 crore of anchor allotments in a year, versus Rs 12,228 crore sold by mutual funds, SEBI study shows.
US credit card debt climbed to nearly $1.26 trillion in Q2, while a rise in late payments shows that more households are struggling to manage their debt.
As of now, there are no immediate reports of casualties, injuries, or structural damage, though local authorities are monitoring the situation.
On Downdetector, complaints from India spiked at 3:07 am. About 53% of the complainants said they faced issues related to messaging on the WhatsApp app.
Fed regional presidents Beth Hammack, Neel Kashkari and Lorie Logan pitched for a 25-basis-point rate hike, signalling growing pressure on Chair Kevin Warsh.
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"Numerous effective measures have been taken in the past two and a half months since the paper leak incident. The culprits have been caught and are in jail," PM Modi said.
The swap came after Prime Minister Narendra Modi assured that the government will take strictest action against those responsible for paper leak.
Tech Mahindra lost 688 employees during the April-June period, even as its attrition rate fell below 12%.
Tech Mahindra's operational income rose by 9.2% to Rs 2,264 crore, whereas the margins improved by about 70 basis points to 14.4%.
Food inflation accelerated to 5.32% in June, as compared to 4.78% in the preceding month.
"A 50:50 India-US allocation returned roughly 1,080% from the 2008 market bottom through March 2026, against roughly 750% for an India-only portfolio," Appreciate Wealth CEO Subodh Moulik said.
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Even as Wipro ADRs were down, major software stocks on the Wall Street gained, with Accenture trading nearly 6% higher, Salesforce up 5.4%, and Cognizant up 7.14%.
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Meta has been asked not to enable the WhatsApp feature for users in India till the consultation on the matter is completed.
While the new WhatsApp feature is aimed at boosting privacy, critics have argued that it can increase digital frauds.
The G-Sec holding of FIIs stood at Rs 3,23,802 crore as of June 1, and increased to Rs 3,63,760 crore by June 15, Deepak Shenoy pointed out.
Tremors were felt in parts of India's Jammu & Kashmir, and national capital New Delhi, reports said, after a 6.0 magnitude struck Afghanistan's Hindu Kush region.
Android-first app offers real-time market data, watchlists, AI-generated stock insights and portfolio tracking as Google expands its push into consumer finance.