January 30, 2015 11:38 (IST)
Banking, auto, consumer durables, FMCG and healthcare stocks were the worst hit in trades on Friday. The Bank Nifty was the top sectoral loser, down 2 per cent or 390 points at 20,137.
January 30, 2015 10:57 (IST)
The government is selling 10 per cent stake in state-run miner Coal India on Friday. The share sale has been dubbed as the biggest ever offering in the domestic equity market. The share sale started at 9.15 am and will end at 3.30 pm on Friday.
January 30, 2015 09:35 (IST)
Government has priced the Coal India stake sale at a 4.5 per cent discount to the Thursday close, as it looks to lure buyers for the biggest ever offering in the equity market.
January 30, 2015 07:33 (IST)
The Dow Jones industrial average rose 225.48 points, or 1.31 per cent, to 17,416.85, the S&P 500 gained 19.09 points, or 0.95 per cent, to 2,021.25 and the Nasdaq Composite added 45.41 points, or 0.98 per cent, to 4,683.41.
January 30, 2015 07:16 (IST)
Oil prices rose on Friday, with US crude edging up from a nearly six-year low touched overnight on data that showed a rise in already record-high US oil inventories. US crude was up 0.2 per cent at $44.60 a barrel.
January 29, 2015 21:49 (IST)
Ace investor Rakesh Jhunjhunwala on Thursday picked up 30 lakh shares in Man Infraconstruction for about Rs 11 crore through open market.
January 29, 2015 18:47 (IST)
The minimum selling price is nearly 5 per cent below Thursday's closing price. Retail investors who will also get 5 per cent price discount.
January 29, 2015 16:14 (IST)
Gilt funds delivered the highest returns among debt-oriented categories in the quarter ended December 31, 2014, according to Crisil Mutual Fund Ranking.
January 29, 2015 15:58 (IST)
If HDFC Bank raises money, its equity base will increase, so earnings per share will fall. However, HDFC Bank's book value will rise because of the equity infusion, which will be good from a valuation point of view.
January 29, 2015 15:15 (IST)
The US Energy Information Administration (EIA) said domestic crude oil stocks rose by almost 9 million barrels last week to reach nearly 407 million, the highest level since the government began keeping records in 1982.
January 29, 2015 14:20 (IST)
Traders said apart from fall in demand from jewellers and retailers at domestic markets, a weak global trend as strengthening dollar reduced appeal for the precious metals, mainly influenced the sentiment.
January 29, 2015 13:27 (IST)
The BSE Sensex and Nifty continued to struggle in the afternoon trade, as state-run Coal India slumped after the government decided to sell a part of its stake, while recent outperformers were hit by profit-taking.
January 29, 2015 10:37 (IST)
Analysts say higher auction price for nationwide spectrum is likely to put additional burden on the balance sheet on mobile carriers, which are already indebted heavily. High interest costs have also impacted margins for most telecom operators, analysts say.
January 29, 2015 09:30 (IST)
The prospect of an increase in US rates makes non-interest-bearing assets such as gold less attractive and that helped pull bullion further away from a five-month peak reached last week.
January 29, 2015 09:15 (IST)
Oil prices edged higher Thursday but gains were capped amid fresh worries about the global supply glut as US crude reserves soared to a record high, analysts said.
January 28, 2015 21:07 (IST)
The Securities and Exchange Board of India (Sebi) and stock exchanges have put their surveillance systems on high alert in view of the government's estimated Rs 24,000 crore mega share sale in Coal India on Friday.
January 28, 2015 17:00 (IST)
The Securities and Exchange Board of India (Sebi) on Wednesday said there is a need for institutional investors to develop a common strategy for proposals that come up for shareholder voting and also guide retail investors to help them make informed choices.
January 28, 2015 16:29 (IST)
Singapore's central bank eased monetary policy unexpectedly before its scheduled review in April. It joins a growing list of central banks from Denmark and Canada to Turkey and India that have made similar moves in what is shaping up as a global currency war.
January 28, 2015 16:12 (IST)
The session saw very high volatality in trades as at one point the Sensex and Nifty touched another all-time high levels. The 50-share Nifty for the first time touched 8,985 and the Sensex kissed 29,786.32.
January 28, 2015 15:55 (IST)
The turnover of commodity exchanges declined 43 per cent to Rs 48.54 lakh crore till January 15 of the current fiscal year, due to poor participation, according to the Forward Markets Commission (FMC).