Latest news from Financialexpress.com - Markets feed

Latest news from Financialexpress.com - Markets feed

  1. LIC corners 38.67% of SBI’s Rs 15,000 cr QIP

    06.19 / 17:42 financialexpress.com Financialexpress.com - Markets
    State-owned Life Insurance Corporation (LIC) bought shares worth over Rs 5,800 crore in SBI's Rs 15,000 crore qualified institutional placement (QIP). The post LIC corners 38.67% of SBI’s Rs 15,000 cr QIP appeared first on The Financial …
  2. Bank stocks in focus as NPA resolution efforts gain traction

    06.19 / 17:42 financialexpress.com Financialexpress.com - Markets
    Bank stocks today rose by up to 2 per cent as NPA resolution efforts are gaining traction after the Reserve Bank asked lenders to initiate bankruptcy proceedings against large defaulters. The post Bank stocks in focus as NPA resolution efforts gain traction appeared first on The Financial …
  3. Petrol, diesel prices cut for fifth straight day since daily revision; Petrol down by 10 paise/litre in Delhi

    06.19 / 17:42 financialexpress.com Financialexpress.com - Markets
    State-run Indian Oil Corp cut the price of petrol in Delhi by 10 paise per litre including state taxes and levies, and that of diesel by 5 paise per litre for sale from 6 am tomorrow (Tuesday) till 6 am on Wednesday. The post Petrol, diesel prices cut for fifth straight day since daily revision; Petrol down by 10 paise/litre in Delhi appeared first on The Financial …
  4. Bonds firm up, call rates finish higher

    06.19 / 15:09 financialexpress.com Financialexpress.com - Markets
    Government bonds (G-Secs) firmed up on rising buying support from banks and corporates and the overnight call money rates ended higher due to good demand from borrowing banks amid tight liquidity in the banking system. The post Bonds firm up, call rates finish higher appeared first on The Financial …
  5. Sebi disposes of fraud trade charges against 9 in Unitech case

    06.19 / 15:09 financialexpress.com Financialexpress.com - Markets
    Markets regulator Sebi today disposed of a case against nine entities for allegedly involving in fraudulent trading in the shares of Unitech Limited. The post Sebi disposes of fraud trade charges against 9 in Unitech case appeared first on The Financial …
  6. GTPL Hathway IPO to open from June 21-23; price band at Rs 167-170; lot size at 88

    06.19 / 15:09 financialexpress.com Financialexpress.com - Markets
    GTPL Hathway's IPO will be open for subscription from June 21-23. The issue will raise up to Rs 485 crore with a price band of Rs 167-170 per share with a lot size of 88 and in multiples thereof and the retail allocation will be 35%. The post GTPL Hathway IPO to open from June 21-23; price band at Rs 167-170; lot size at 88 appeared first on The Financial …
  7. Eris Lifesciences IPO subscribed 75.45% on day 2; Angel Broking recommends to ‘subscribe’

    06.19 / 15:09 financialexpress.com Financialexpress.com - Markets
    Eris Lifesciences IPO has been subscribed 75.45% at the end of day 2 of bidding. Institutional investors have bid 81.50%, retail investors bid 167.81% while employees bid 33.10%. However, non-institutional investors have bid just 3.25% of their quota. The post Eris Lifesciences IPO subscribed 75.45% on day 2; Angel Broking recommends to ‘subscribe’ appeared first on The Financial…
  8. Insolvency action against 12 distressed borrowers is RBI’s nuclear strike on bad loans

    06.19 / 15:09 financialexpress.com Financialexpress.com - Markets
    The Reserve Bank of India has thrown all it could at the bad-loan problem. Yet the malaise continues to worsen. If forced bankruptcies fail, there is no Plan B. The post Insolvency action against 12 distressed borrowers is RBI’s nuclear strike on bad loans appeared first on The Financial …
  9. Sensex barrels ahead to record peak, Nifty tops 9,600

    06.19 / 12:25 financialexpress.com Financialexpress.com - Markets
    The Sensex recorded a significant recovery of 255 points to close at a new peak of 31,312 today and the Nifty reconquered the key 9,600, riding piggyback on GST headway and expectations of reforms by regulator Sebi. The post Sensex barrels ahead to record peak, Nifty tops 9,600 appeared first on The Financial …
  10. RBI insolvency action on 12 bad loan accounts fails to deter ABG Shipyard, Jyoti Structures; shares shine

    06.19 / 12:25 financialexpress.com Financialexpress.com - Markets
    Shares prices of ABG Shipyard and Jyoti Structures were 4.95% and 20% higher respectively on the BSE today while those of Amtek Auto and Lanco Infratech fell upto 20% and triggered the lower circuit on both the BSE and the NSE. The post RBI insolvency action on 12 bad loan accounts fails to deter ABG Shipyard, Jyoti Structures; shares shine appeared first on The Financial …
  11. Fitch rates Adani Ports’ proposed USD notes as BBB-(EXP)

    06.19 / 12:25 financialexpress.com Financialexpress.com - Markets
    Fitch Ratings has assigned Adani Ports and Special Economic Zone's proposed senior unsecured US dollar notes an expected rating of 'BBB-(EXP)'. The post Fitch rates Adani Ports’ proposed USD notes as BBB-(EXP) appeared first on The Financial …
  12. Moody’s revises Adani Ports outlook to stable from negative

    06.19 / 12:25 financialexpress.com Financialexpress.com - Markets
    Global rating agency Moody's Investors Service revised up its outlook on Adani Ports and SEZ (APSEZ) to stable from negative today on stabilisation in operative performance and dip in leverage. The action by Moody's comes four days after a similar call by Standard and Poor's. The post Moody’s revises Adani Ports outlook to stable from negative appeared first on The Financial …
  13. Global shares higher in subdued trading on Wall Street rise

    06.19 / 10:01 financialexpress.com Financialexpress.com - Markets
    Global shares were higher Monday after Wall Street ended last week barely higher and investors watched for Brexit talks set to start later in the day. The post Global shares higher in subdued trading on Wall Street rise appeared first on The Financial …
  14. US Fed rate hike was bad news for gold but smart hedge funds got ahead and got out

    06.19 / 09:30 financialexpress.com Financialexpress.com - Markets
    Hedge fund managers’ move to pare bullish bets on gold for the first time in four weeks was vindicated when Federal Reserve Chair Yellen raised US interest rates and sparked the biggest weekly loss for gold prices in more than a month. The post US Fed rate hike was bad news for gold but smart hedge funds got ahead and got out appeared first on The Financial Ex…
  15. Bitcoin has become digital gold but could you buy lunch with it?

    06.19 / 09:30 financialexpress.com Financialexpress.com - Markets
    Despite the euphoria over bitcoin reaching a fever pitch last week, the world's leading currency finds few takes for day-to-day payments. The post Bitcoin has become digital gold but could you buy lunch with it? appeared first on The Financial …
  16. London currency trader bets on machine learning for high speed trading foray in US stocks

    06.19 / 09:30 financialexpress.com Financialexpress.com - Markets
    A tiny London firm with no human traders made its name last year beating banks to climb up the currency trading ranks. Now, it wants a bite of something new: the $27 trillion US stock market. The post London currency trader bets on machine learning for high speed trading foray in US stocks appeared first on The Financial …
  17. Sebi eases restrictions on 19 persons

    06.19 / 09:30 financialexpress.com Financialexpress.com - Markets
    Markets regulator Sebi has relaxed restrictions on 19 entities against whom it had taken action in case of alleged misuse of the stock market platform for tax evasion and suspected money-laundering activities. The post Sebi eases restrictions on 19 persons appeared first on The Financial …
  18. Sensex, Nifty rise as bank stocks gain on RBI bad debt crackdown; Lanco Infratech plummets

    06.19 / 09:30 financialexpress.com Financialexpress.com - Markets
    Indian shares rose on Monday as lenders such as State Bank of India gained after the central bank asked banks to start bankruptcy process against 12 large loan defaulters, raising hopes that reduction of bad debt will start to quicken. The post Sensex, Nifty rise as bank stocks gain on RBI bad debt crackdown; Lanco Infratech plummets appeared first on The Financial …
  19. Silver futures down Rs 106, tracking weak global trend

    06.19 / 07:40 financialexpress.com Financialexpress.com - Markets
    Amid a weakening trend overseas, silver fell Rs 106 to Rs 28,375 per kg in futures trade today as speculators cut down their bets. Silver for delivery in July traded lower by Rs 106, or 0.28 per cent, to Rs 38,375 per kg. The post Silver futures down Rs 106, tracking weak global trend appeared first on The Financial …
  20. Southeast Asian stocks gain as investors look past Fed

    06.19 / 07:40 financialexpress.com Financialexpress.com - Markets
    Most Southeast Asian stock markets rose on Monday, in line with broader Asia, underpinned by improved risk sentiment as investors shifted focus away from the US Federal Reserve after an interest rate increase last week. The post Southeast Asian stocks gain as investors look past Fed appeared first on The Financial …