Ganesh Dongre, Senior Manager — Technical Research at Anand Rathi believes that the Nifty 50 index is close to its resistance level of 22,500 to 22,600 zone. Stock Recommendations: 📌ITC: Buy at ₹437, target ₹452, stop loss ₹428 📌BEL: Buy at ₹237, target ₹252, stop loss ₹230 📌Tata Power: Buy at ₹430, target ₹445, stop loss ₹418.
Open FlipThe Securities and Exchange Board of India (Sebi) has given approval to CRISIL ESG Ratings & Analytics Limited to provide environmental, social and governance (ESG) ratings. CRISIL ESG Ratings & Analytics Limited, which is a wholly owned subsidiary of CRISIL Ratings Limited has been approved as a Category 1 provider of ESG ratings, the rating firm said on Thursday.
Open FlipAdani Green Energy, which is looking to develop a 25 gigawatt portfolio by 2025, is in advanced talks with Rabobank, MUFG, SMBC and DBS for a $400 million loan, according to people familiar with the development. The loan is likely to be priced at a secured overnight financing rate (SOFR) plus 250 basis points with a five-year tenor, they said. A basis point is a hundredth of a percentage point.
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