Investors opted for profit booking in the banking sector as the Reserve Bank of India (RBI) introduced new norms for personal loans, signalling potential challenges for lending institutions. RBI tightened the risk weightage norms for banks and non-banking financial companies (NBFCs) aimed at curbing unrestricted growth in unsecured loans.
On Monday, 1734 stocks advanced, 2096 declined and 145 remained unchanged, with an advance decline ratio of 0.82 on the Bombay Stock Exchange (BSE), indicating negative closing of stocks in broader markets.
Peak XV Partners, through its affiliate, Peak XV Partners Investments VI sold the shares in two tranches of Aptus Value Housing Finance India on the National Stock Exchange (NSE).
Get latest articles and stories on Latest News at LatestLY. Peak XV Partners (formerly Sequoia Capital India & SEA) on Friday divested a 1.5 per cent stake in Aptus Value Housing Finance India for over Rs 213 crore through open market transactions. Latest News | Peak XV Partners Sells 1.5 Pc Stake in Aptus Value Housing for Rs 213 Crore.
Share Market Highlights 02 November 2023: Sensex gains 490 pts, Nifty closes above 19,100 as Federal Reserve's dovish stance drives markets higher thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.