scorecardresearchWeekend Wrap: From Adani Green to ITC; Top news and market movers this

Weekend Wrap: From Adani Green to ITC; Top news and market movers this week: 24 March 2023

Updated: 25 Mar 2023, 10:09 AM IST
TL;DR.

From top newsmakers to market performance, here's the market wrap for the week ended 24 March 2023.

Mumbai: People look at Sensex updates on a screen outside the Bombay Stock Exchange (BSE) building, in Mumbai, Friday, Jan. 27, 2023. Equity benchmarks Sensex and Nifty plunged over 1 per cent for a second straight session on Friday, Jan. 27, 2023. (PTI Photo)(PTI01_27_2023_000241B)

Mumbai: People look at Sensex updates on a screen outside the Bombay Stock Exchange (BSE) building, in Mumbai, Friday, Jan. 27, 2023. Equity benchmarks Sensex and Nifty plunged over 1 per cent for a second straight session on Friday, Jan. 27, 2023. (PTI Photo)(PTI01_27_2023_000241B)

Top News

1. As per the amendments passed to Finance Bill 2023, investments made on or after April 1, 2023 would not be eligible for any indexation benefit when calculating long-term capital gains on debt mutual funds.

2. India’s foreign exchange reserves (Forex) reserves increased by USD 12.8 billion to reach USD 572 Billion for the week ending Mar 17, 2023.

3. Shares of Global Surfaces got listed at a premium of 17% over issue price of 140 while IPO of Uday Shivakumar Infra got oversubscribed by 32.49 times.

4. Mirae Asset MF, Axis MF and Quant MF have launched the NFOs for Mirae Asset Nifty SDL June 2028 Index Fund, Axis S&P 500 ETF FoF Growth Direct Plan and Quant Dynamic Asset Allocation Growth Direct Plan.

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Kuvera is a free direct mutual fund investing platform. Unless otherwise stated data sourced from BSE, NSE and kuvera.in.

First Published: 25 Mar 2023, 10:09 AM IST