NEW DELHI Here is a list of the top ten stocks that may appear in the news on Wednesday: ICICI Values: ICICI Bank will sell up to 2.21% stake in the ICICI Securities brokerage arm through an offer to sell. The minimum sale price as of Wednesday has been set …
Read More »LIVE MARKET: Sensex, Nifty on record; small-cap companies exceed
LIVE market updates: The benchmark indices, which rose half a percent, hovered around their all-time highs in midday trading Monday. The S&P BSE Sensex was trading 210 points, or 0.5 percent higher at 45,290 levels. The index reached an intraday high of 45.349, also its all-time high. The Nifty50 index …
Read More »LIVE MARKET: Indices record new highs, Sensex rises 150 pts; IRCTC earns 8%
LIVE market updates: Indian markets climbed to their new all-time highs despite trading poorly in early trading on Monday on a mixed set of global signals. The S&P BSE Sensex gained 150 points, or 0.3 percent, at 45,216 levels and the Nifty50 index surpassed the 13,300 mark. ONGC (up 3%) …
Read More »Sensex tanks 997 pts from the day high, 44K infractions; Nifty ends at 12,859
The volatility index, India VIX, jumped 10 percent to 23.1. After climbing new all-time highs in morning trading, the domestic stock market fell about 1.5 percent on Wednesday as investors posted gains across the board. The volatility index, India VIX, jumped 10 percent to 23.1. Among the major indices, the …
Read More »Proposal to allow banking corporations to be a bomb: Rajan, Acharya
MUMBAI: Ancient Reserve Bank of India Governor Raghuram Rajan and Lieutenant Governor Viral Acharya he has vigorously criticized the proposal to open banking licenses for businesses, describing the proposal as a “bomb” that is “best left on the shelf.” The warning came even as other central bankers and S&P Global …
Read More »LIVE MARKET: Indices lower earnings, Sensex exceeds 44k; HDFC, SBI top drags
BSE-1 (Photo credit: Kamlesh Pednekar) Indian markets trimmed all gains and were unchanged in early trading Monday, largely dragged down by finance. Among the major indices, the S&P BSE Sensex hovered around 43,880 levels. The index had risen to 44,271, earlier in the day. The Nifty50 index also lost 12,950. …
Read More »RBI Announces Draft Scheme To Merge Lakshmi Vilas Bank With DBS Bank – Here’s All You Need To Know
Immediately after deferring the private bank Lakshmi Vilas Bank (LVB) and replacing its Board of Directors, the Reserve Bank of India (RBI) announced a draft scheme for its merger with DBS Bank India Ltd (DBIL). RBI placed LVB under a 30-day moratorium that would end on December 16, according to …
Read More »Indices end at an all-time high for the second day, Sensex earns 680 pts, exceeds 43K
Extending their winning streak to the seventh consecutive session, the benchmark indices gained more than 1 percent to hit record levels for the second consecutive session on Tuesday. Investor confidence got a big boost after Pfizer said its experimental Covid-19 vaccine was more than 90 percent effective based on the …
Read More »Cox and Kings promoters face CBI case for alleged bank fraud worth 946 crore
Yes Bank approached CBI alleging fraud by Ezeego One Travel and Tours Ltd New Delhi: Ezeego One Travel and Tours Ltd and its promoters and directors are now facing a case from CBI for allegedly defrauding Yes Bank of up to Rs 946 crore, officials said Monday. The Central Bureau …
Read More »UPI transaction limit for Google Pay, WhatsApp Pay, PhonePe, and others, but should you be concerned?
The digital payments space in India, specifically UPI payments services, is about to undergo a major restructuring. The National Payments Corporation of India (NPCI) has made it official that a new limit will apply as of January 1, 2021 requiring that no third party application provider (TPAP) can exceed more …
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