Shares of KPI Global Infrastructure have rallied ~38 per cent since the beginning of 2022.

BSE Small-cap index outperformed broader markets by climbing 0.81 per cent to end the session at 28,869.33.

Indian equity markets witnessed an ugly Monday, with blood all over dalal street!

On Monday, the equity markets experienced a red day as the sell off in global markets, weak Q3 results and cautiousness related to upcoming budget led to heavy sell-off in the domestic bourses. The core equity indices, Sensex and Nifty plunged sharply lower and lost nearly 3 per cent. 

In a first, JSW Infrastructure Limited (JSWIL), listed their 7 year USD 400 million foreign currency sustainability linked bonds exclusively on Global Securities Market (GSM) of India International Exchange at GIFT IFSC today. JSW Infrastructure’s 7 year maturity bonds have been assigned Ba2 rating by Moody’s investor services and BB+ by Fitch and are priced competitively at 4.95 per cent.

The ongoing selling by FIIs and weak Indian rupee led the domestic market to continue surrendering its gains, with all major sectors trading under pressure. 

The Indian markets extended their nosedive further on Friday amid weak global cues and broad-based selloff across sectoral indices. Banking and Consumer Durables stocks weighed the most on pushing benchmarks Sensex and Nifty 50 off the cliff, while Pharma and IT stocks also contributed to the downside substantially. Today the FII net selloff was recorded at Rs -4,679.84 crore and DII Inflow Rs 769.26 crore was recorded.  

To strengthen the presence in the country's new financial & technology gateway, Kotak Mahindra Bank Limited (KMBL) today announced that it has signed a Memorandum of Understanding (MoU) with GIFT SEZ Limited (GIFT SEZ), enabling both to work together towards greater enhancement of the financial services eco-system in GIFT IFSC for AIFs and Global Custody Services.

On Wednesday, the benchmark indices continued the selling on the second consecutive day with Nifty below 18,000. At close, the Sensex was down 656.04 points or 1.08 per cent at 60,098.82 level, and the Nifty was down 174.60 points or 0.96 per cent at 17,938.40 level.

Gujarat Ambuja Exports Limited (GAEL) is primarily involved in the manufacturing of corn starch derivatives, soya derivatives, feed ingredients, cotton yarn, and edible oils. Since its incorporation in 1991, GAEL strives to serve the food, pharmaceutical, feed, and many other industries with a long-term growth strategy in the agro-processing sector.