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Strong inflows into MFs continue

The dream run of mutual funds (MFs) continued in October with the stock markets hitting new record highs. Last month, equity schemes saw net inflows of Rs 16,000 crore amid a six per cent jump in the benchmark Sensex index.   Although the …

MF Assets In North East Rise 66%

Mutual fund players' total assets under management (AUM) from the North East have grown 65.76 per cent in a year to Rs 14,454 crore as of August this year, spurred by aggressive marketing and awareness campaigns by the industry. Markets…

Indices gain for third day in a row

Trading for the September month started on a positive note as key benchmark indices provisionally settled with modest gains as domestic data showing Q1 June 2017 gross domestic product falling to a three-year low raised expectations that…

Fall in banks weighs on indices

Volatility gripped the D-Street on Thursday after selling pressure dominated final minutes of trade. This movement led to erasing almost all of its gains by the indices, which were trading with gains of over 100 points on the Sensex, and…

Sharp rally in banks & FMCG stocks

The Indian market had a strong trading session on Wednesday as benchmark indices closed with high gains, driven by a rally in banks and FMCG stocks. In the broader market, midcaps too had a field day and outperformed the frontline Nifty…

Sensex extends losses, down 150 pts

Equity benchmarks extended losses in morning trade today, with the Sensex falling 150.96 points to 31,646.88 and the Nifty down 48.60 points at 9,859.45. The broader markets continued to see heavy selling pressure for third consecutive…

Nifty below 10,000

Mumbai The Nifty of National Stock Exchange (NSE) declined by 78.85 points to end below the psychological 10K-level at 9,978.55. The BSE Sensex fell today by 259.48 points in a highly volatile trade to end negative at 32,014.19 due to brisk…

Rupee strengthens to two-year high

Mumbai The rupee strengthened to its highest in two years amid heavy selling of dollars by foreign banks. The rupee rose to as much as 63.7575 per dollar, its strongest level since Aug. 10, 2015, from its close of 64.0750 on Tuesday.…

Sensex, Nifty end at new peak

Mumbai The country's premier equity markets, Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), ended at a new all-time-high for another day today on solid performance in corporate earnings as well as expectations that the…

Sensex opens at peak at 32,255.99 pts

Mumbai The equity market once again on top today, as the BSE Sensex opened at 32,255 fresh all time high, rising by 27 points as most of the stocks opened in green. It registered intra day high and low at 32,325.67 a 32,226.08 respectively.…

China coking coal futures soar

* Coking coal on track for biggest one-day jump since November * Coking coal, coke technically overbought on RSI * Steel, iron ore also higher BEIJING China's coking coal futures soared 8 percent on Thursday and were on track for their…

GTPL Hathway announces IPO

Mumbai GTPL Hathway Ltd, a part of Hathway Cable and Datacom Ltd, today said that it will enter the capital market with an initial public offer (IPO) of equity shares up to 1,44,00,000 for sale on June 21. The offer, fixed in the price…

Eris Life sciences announces IPO

Ahmedabad Gujarat based pharma company Eris Lifesciences Limited today announced to bring an Initial Public Offering (IPO) which will open on June 16 and close on June 20. Addressing a press conference here, Company Chairman Amit Bakshi…

Sensex down 166 points

The benchamrk index of Bombay Stock Exchange (BSE) fell today by 166.36 points to settle at 31,095.70 as traders remained wary ahead of IIP and inflation data due later in the day. The Nifty of National Stock Exchange (NSE) fell by 51.85…

Sensex at life time high

Mumbai, Jun 5 The BSE Sensex ended record high today at 31,309.49, rising by 36.20 points as services sector growth rising at fastest pace in 4 months in May lifetd the sentiments. The sensex registered day high and low at 31,355.42 and…