INDIAN MARKET TRENDS

The Sensex and the NIFTY ended flat for the period 29 March 2019 to 4 April 2019. ML Micro-cap Index, ML Mega-cap Index and ML Mid-cap Index ended flat. ML Small-cap Index rose 1%. ML Large-cap Index dipped 1%.

 

 

FUND FLOWS

Foreigners: Foreign institutional investors were net buyers of equities (Rs175.48 crore) during the week. They bought...

Shriram City Union Finance Ltd (SUCF), a systemically important non-banking finance company (NBFC) plans to raise a total Rs750 crore secured, redeemable non-convertible debentures (NCDs). The NCD issue will be the first tranche of a series of borrowings planned by the NBFC.

 

Subscriptions to the Tranche-I of the issue will start on 5 April 2019 and end on 3 May 2019, or earlier,...

L&T Finance (LTF), a systemically important non-banking finance company (NBFC) is back with a new issue of secured non-convertible debentures (NCDs). LTF plans to raise a total Rs1,000 crore, including the base issue of Rs500 crore. These NCDs will be the second tranche in a series of borrowings planned by the NBFC. The previous tranche, issued a month ago, mopped Rs1,500 crore and was...