The Anil Dhirubhai Ambani Group (ADAG)-promoted companies’ shares are in limelight in an otherwise weak market on reports that the Comptroller and Auditor General (CAG) has softened stand on the issue of the government allowing windfall gains to Reliance Power. Now, the company can …

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The markets corrected for the second straight week after the massive 15.4 per cent rally in the preceding seven weeks. The Sensex exhibited a volatile movement, as the index recovered from early week lows of 17,382 and touched a high of 18,001, only to slip back into the negative terrain….

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Moody’s Investors Service on Friday cut Greece’s sovereign debt rating to the lowest possible level after a debt-restructuring deal that imposes hefty economic losses for private creditors. Moody’s lowered Greece’s local and foreign-currency bond ratings a notch t…

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In pursuance of NSE circular download Ref No NSE/CMTR/20063 dated February 21, 2012 for the capital market segment, a special live trading session shall be held on Saturday, March 03, 2012 for the Securities Lending and Borrowing scheme. Market Timings for the special live trading sess…

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The country’s largest buyback programme has begun, although with initial small steps. Reliance Industries Ltd (RIL) has started the Rs 10,000-crore programme by buying small quantities of its own shares. Since the start of the buyback on February 7, the company has bought back about 545…

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Markets have extended losses in the late non deals on the back of widespread selling pressure visible across the board. The Sensex is down 245 points at 17,506 levels and the 50-share Nifty is down 80 points at 5,304 levels. The Asian markets closed in the red. The Nikkei slipped 16 poin…

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Not only FIIs, but domestic fund managers too, dip into their corpus to invest in the rally As the fortunes of the markets took a turn for the better in the beginning of 2012, managers of the country’s largest mutual funds jumped into the fray, pumping in money and reducing their c…

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A nation-wide 24-hour general strike called by major trade unions Tuesday could cripple the country’s transport, banking and postal systems after the government’s attempts to avert it remained unsuccessful Monday. Prime Minister Manmohan Singh had appealed to all the major tr…

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Country’s top commodity exchange MCX has fixed the price of its initial public offering (IPO) at the upper end of the band at Rs 1,032 a share, raising about Rs 663 crore through the IPO. Drawing a huge investor response, the IPO was over-subscribed by more than 54 times attracting…

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Key share indices posted their first weekly fall in 2012 due to profit-booking, after rising for the past seven weeks, as investors booked profits in interest rate sensitive shares which had gained sharply during the rally. The futures & options for the February series also expired t…

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