Oil India IPO subscribed 1.28 times on day 1, QIB portion 2.3 times ((issue closes on September 10)) Wall Street Finance -BK Modi acquires 51% stake in Wall Street Finance -Spice Investment acquires 14.4% stake in via block deal at Rs 55/share -Spice Investment acquires remaining 36.6…

Read More..

The Sensex soared above 16,000 on the back of strong global cues and hopes of an easing recession. The Nifty too ended at a fresh 15-month high at 4,783.The Bombay Stock Exchange benchmark index opened with a positive gap of 104 points at 15,793, mirroring gains in Asian markets. The ind…

Read More..

CHENNAI: Trading volumes in corporate bonds has picked up pace. Across BSE, NSE and Fixed Income Money Market and Derivatives Association (FIMMDA), nearly Rs 1.28 lakh crore of corporate bonds were traded in the first five months (April-August 27) of the new fiscal, more than 3 times of …

Read More..

NEW YORK (Reuters) – Stock indexes fell 2 percent on Tuesday, pushing the S&P 500 below the 1,000 threshold, on increased worries there could be more bank failures and concerns that equity prices may have run ahead of the economic recovery. The Dow Jones industrial average los…

Read More..

EW YORK (Reuters) – Stocks fell on Tuesday as investors fretted that prices may have run too far ahead of the economic recovery even as data showed the U.S. manufacturing sector expanded in August after a long slump. Analysts said the ISM manufacturing data had already been priced …

Read More..

NSE says trading in the segment will widen the country’d bond market.Trading in interest rate futures (IRFs) was relaunched in the country On Monday after a gap of over six years. With this, the National Stock Exchange (NSE) became the first to launch trading in the segment ahead of the…

Read More..

Unit Linked Insurance Policies (ULIPs) as an investment avenue are closest to mutual funds in terms of their structure and functioning. As is the case with mutual funds, investors in ULIPs are allotted units by the insurance company and a net asset value (NAV) is declared for the same on …

Read More..

SHANGHAI: China’s key stock index dived 6.74 percent on Monday to a three-month closing low and recorded its second-biggest monthly loss in 15 years, after surging stock valuations overwhelmed improvements in corporate earnings while new share supplies compounded a drop in liquidi…

Read More..

Sensex lost by 263 points or 1.6% at 15,659 while, Nifty lost 74 points to shut shop at 4,658. After a strong rally of 1,100 points or 7.5%, the Indian markets decided to take a breather. The key indices fell for the first time in seven trading sessions, with the sentiment hurt by yet an…

Read More..

For the week, the BSE Sensex and NSE Nifty closed the week higher by 4.5% each. The expiry week saw the birth of a new high for the year. The Nifty closed at 2009 peak ignoring any possible fallout from drought, inflation, fund flows and of course global cues. Impressive rollover of deri…

Read More..