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Benchmark indices - Sensex and Nifty - are almost 10% down from their peaks made on September 27, led by a sell-off by foreign investors sparked by a rebound in Chinese equities and disappointing earnings in the September quarter. The Midcap 150 index declined 10.9%, SmallCap 250 index dropped 9.1% and the Microcap 250 fell 8.3% in this period.
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News and Media
Adani Green Energy is seeking to raise approximately $2 billion through bonds and loans in the coming months. The company plans to issue a $600 million bond in the near future and is also exploring a private placement for one of its subsidiaries.
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News and Media
Israeli media outlet Ynet News, citing Iran International, reports that Iran's Supreme Leader Ayatollah Ali Khamenei is in a coma. The Assembly of Experts allegedly chose his son, Mojtaba Khamenei, as his successor during a secret meeting on September 26. The decision is being kept secret to avoid potential public backlash. Iranian authorities have not confirmed these reports.
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News and Media
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