InCred issues Market-Linked Debenture (MLD) worth Rs. 100 crore

Start Up Success Stories, Oct 4, 2019

The success of the transaction highlights the appetite in the investor community for retail-focused small-ticket lending models Mumbai, October 4th, 2019: InCred Financial Services closed its debut Market Linked Debenture (MLD) issuance yesterday. The issue is part of InCred’s ongoing Rs 100 crore MLD programme, and was arranged in partnership with Sanctum Wealth Management. The…

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11-year data suggests bears control D-Street in October; can bulls make a comeback?

Money Control, Oct 2, 2019

Foreign institutional investors (FIIs) have bought Indian shares worth $1.04 billion in September, the highest monthly inflow since May, said a report. After a historic September, all eyes are on October, which has remained in the clutches of bears in at least six out of the last 11 years. The bulls had a stellar run…

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Bharat 22 ETF opens on 4 Oct: Should you invest?

LiveMint, Oct 2, 2019

• Bharat 22 ETF invests in the 22 companies that comprise the S&P BSE Bharat 22 index • The 3% discount on offer may be wiped out by a single day’s decline; then there are other costs to consider Topics Bharat 22 ETF The government is coming up with a fresh tranche of Bharat 22…

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Dalal Street investors gain over Rs 7 lakh crore within minutes of corporate tax rate cut

Business Today, Sep 23, 2019

FM’s announcements cheered the investors taking market capitalisation of BSE to 144.72 lakh crore from 138.54 lakh crore on Thursday, a gain of 5.28% or Rs 7.31 lakh crore within minutes Nirmala Sitharaman on Friday answered the long-standing demand of the corporate sector to reduce tax on domestic firms, pushing the stock market to the…

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