The government on Wednesday decided to exercise green shoe option to divest a higher 3 per cent stake in Indian Overseas Bank through offer-for-sale following overwhelming response from investors on the first day of subscription.Read More
Goldman Sachs bought Akzo Nobel India shares worth Rs 106 crore via a bulk deal after promoter Imperial Chemical Industries sold a large stake, triggering a sharp stock fall despite strong quarterly profit growth and subdued operating performance indicatorsRead More
The rupee snapped a five-day slide to post its strongest one-day gain in two months, rising 65 paise to 90.38 per dollar, amid suspected RBI intervention, heavy dollar selling by public banks, thin trading volumes and reassurance from strong forex reservesRead More
Nifty extended losses for a third session, remaining below the 21 EMA with weak breadth and bearish momentum indicators. Analysts warn of further downside if support breaks, while recommending NALCO and Canara Bank as technically strong buy candidatesRead More
Indian markets fell for a third straight session as mixed US data, Fed rate uncertainty and lack of progress on a US-India trade deal weighed on sentiment, keeping Nifty below key averages and reinforcing a short-term bearish bias despite selective sectoral supportRead More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
