Blue-chip stocks back in dominance in equity market. Here is why
Appreciation in the market value witnessed by blue chip companies played a pivotal role in the rising turnover and return from the broad index of the premier bourse over the last one month. The market recovery, driven by fundamentally-strong stocks, is a development in the positive direction after a prolonged...
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Foreign investors buy Indian shares for 3rd straight month in June
Foreign portfolio investors (FPIs) continued buying Indian equities for the third straight month in June, with financials and oil and gas stocks emerging as their top picks, depository data showed on Friday, reports Reuters.FPIs poured 89.46 billion rupees ($1.05 billion) into financials in June - 61.3 per cent of the...
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City Bank Holds BAMLCO Conference
City Bank Holds BAMLCO Conference City Bank organised its 'Branch Anti-Money Laundering Compliance Officers (BAMLCO) Conference 2025' at a Hotel in Dhaka with the theme "Strengthening AML Practices for a Safer Financial Future" recently. The conference was attended by A. F. M. Shahinul Islam, Head of Bangladesh Financial Intelligence Unit...
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What is Jane Street, the US trading firm facing heat in India?
MUMBAI, July 6 (Reuters): India has barred one of the world's largest quant trading firms, Jane Street, from accessing its securities market after an investigation found it made "unlawful gains", taking the most stringent action ever against a foreign trading firm.The markets regulator also impounded $567 million from US-based Jane...
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Investors eye tariff deadline as US stocks rally
NEW YORK, July 5 (Reuters): Investors will be keeping a close eye on tariff headlines out of Washington next week, as a temporary suspension of punitive import levies is set to expire. If that Wednesday deadline passes without an increase in trade tensions, it could prove positive for the markets.Negotiators...
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