Sensex Falls Over 200 Points On North Korea Jitters

Mumbai: The BSE Sensex slumped over 223 points and the NSE Nifty slipped below the 9,900-mark in early trade today as realty, metal and banking stocks fell amid weak global cues on lingering worries about North Korea. The rupee depreciating by 12 paise to 64.24 against the dollar in early trade had a bearing on market sentiment. The BSE 30-share barometer More...

by Loknath Das | Published 5 months ago
By Loknath Das On Wednesday, August 30th, 2017

Indian-Origin Fund Manager’s Conviction Upheld In $275 Million Insider Trading Case

New York: An Indian-origin portfolio manager, who is serving a nine-year jail term for his role in the most lucrative insider trading scheme in the US, has lost his bid to overturn his conviction after an appeals More...

By Loknath Das On Monday, August 21st, 2017

Sensex Extends Gains; Infosys Surges Over 5% On Buyback Proposal

The BSE Sensex extended gains in post-noon trade, rising over 100 points on Thursday as Infosys, the second biggest IT outsourcer in India, surged over 5 per after announcing a likely share buyback, while Asian More...

By Loknath Das On Friday, August 18th, 2017

HPCL Share Sale: PwC, 4 Others In Race To Become Transaction Adviser, Says Report

New Delhi: PwC, JM Financial and ICICI Securities are among the five consultants vying to become transaction adviser to the government’s over Rs. 33,000 crore stake sale in Hindustan Petroleum Corporation More...

By Loknath Das On Monday, August 7th, 2017

Stocks reach new peak in world full of surprises

August 7, 2017: World stocks breached new record highs on Monday as better-than-expected company earnings and economic data from the United States stole the focus from rising geopolitical tension over North Korea’s More...

By Loknath Das On Thursday, July 27th, 2017

Biggest earnings rush of quarter could help boost stocks Thursday

With the Fed meeting behind it, the stock market will focus again Thursday on the gusher of earnings news that has been driving the stock market to record highs. At least 60 S&P 500 companies report, making More...

By Loknath Das On Sunday, July 23rd, 2017

Brace for volatility in F&O week; 5 stocks which can give up to 14% return in 2 months

Indian market witnessed a volatility week as benchmark indices closed marginally higher but over their crucial support levels. The Nifty50 closed 0.29 percent higher at 9,915 and the S&P BSE Sensex ended above More...

By Loknath Das On Monday, July 17th, 2017

Markets at new highs on capital inflows, earnings optimism

The Sensex and the Nifty today made the most of the momentum and registered new all-time peaks at 32,074 and 9,916, respectively, building on optimism about corporate earnings. Asian shares ruled firm, picking More...

By Loknath Das On Wednesday, July 5th, 2017

BHEL Shares Tank 13% On Weak March Quarter Earnings

New Delhi: Shares of BHEL today tumbled nearly 13 per cent after the company’s standalone net profit declined by 57 per cent in the March quarter. After making a weak opening, shares of the company plunged More...

By Loknath Das On Wednesday, June 28th, 2017

Investors Flock To Asian Bonds As US Yields Slide

Singapore: Asia bond demand is running at its highest level in eight months and looks set to stay firm this year, boosted by the region’s higher returns at a time when stubbornly low inflation in the United More...