The Bombay Stock Exchange (BSE) small- and mid-cap indices have outperformed the benchmark equity index, Sensex, in the past one year. Both the indices are currently hovering around their 52-week highs and both have given over 25 per cent higher return than the Sensex. The BSE Mid-cap in…

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Chetan Ahya, MD of Morgan Stanley, said that the kharif output could fall 15% on monsoon deficiency. “However, there won’t be a major impact of poor agriculture on industrial growth,” he said. Ahya said he was expecting gross domestic product (GDP) at 5.2-5.8% versus …

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MUMBAI: The Bombay Stock Exchange (BSE) today said it would launch interest rate futures in the next 8-10 weeks following Sebi approval received for the same. The capital market regulator yesterday approved the launching of BSE’s interest rate futures with immediate effect, a relea…

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To have a minimum of 10 stocks, the index will value companies for 2 years. The Bombay Stock Exchange (BSE) On Monday announced the launch of an index to track the value of companies for two years from the date of their listing after their initial public offers (IPOs). This is the first s…

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Sensex gained 60 points or 0.4% at 15,688 while, Nifty gained 16 points to shut shop at 4,659. Indian markets extended its upswing for the third straight trading session on Tuesday with the NSE Nifty closing above the 4650 levels. The BSE Sensex has added nearly 450 points in the last 3 …

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Here are stocks that are in news today: Results today: HCL Tech FY09 ended June 30 Bharti-MTN deal update: Sources -RoC (Registrar of Companies) to scrutinise proposed GDR (global depositary receipt) issue before final SEBI nod -Alert: Bharti proposes to issue 25% equity through GDRs …

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Rochdale Securities analyst Bove says 150-200 more US bank failures possible in current crisis CHARLOTTE, N.C. (AP) — Banking equities analyst Richard Bove said Sunday that it’s possible 150 to 200 more U.S. banks could fail in the current banking crisis, putting greater str…

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At 15:11pm (IST), Sensex surged 417 points at 15,658 and the NSE Nifty surged 123 points at 4,652. Unabated buying have lifted the NSE Nifty above the 4650 levels led by gains in the index heavyweights like Reliance Industries, ICICI Bank, L&T, Infosys, ITC and HDFC. At 3:13 pm (IS…

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Here are stocks that are in news today: Adani Power to list today, issue price Rs 100 ((grey market premium Rs 10-12)) Sterlite – Sources -Sterlite to raise bid for Asarco to nearly $2.1 billion -Sterlite raises bid to maintain participating interest -Alert: Grupo Mexico raised…

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While most investment advisors are expecting a fairly substantial stock correction in the coming weeks, few are particularly frightened about the prospect. In fact, the prevailing sentiment among market pros is that investors should be holding steady in their positions or even adding in …

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