Nifty futures on the Singapore Exchange traded 46.5 points, or 0.25 per cent, lower at 18,339.50, hinting at a negative start for the domestic market on Thursday.
The Board of Directors of Life Insurance Corporation of India Limited, at its meeting held today have approved the financial results of the company for the period ended March 31, 2023 - Q4FY23 and FY2023.
Based on the OI percentage, 60 stocks were on the short-covering list. These included Alkem Laboratories, IndusInd Bank, United Breweries, Dr Lal PathLabs and Aarti Industries.
Singapore's GIC teams with a listed REIT in India to purchase commercial properties; Indonesia's SWF to deploy $3 billion by end of year; NZ Super tops up hedge fund exposure; and more.
The government is urged to increase NCCD, GST cess and ad valorem each by 10 percent so that the overall tax on tobacco can be higher than the per capita income and inflation growth.