Market valuation of Gitanjali Gems went down by Rs 300 crore in the last three trading sessions, as the counter saw severe selling pressure after the company came under scanner of various investigating agencies following Punjab National Bank's Rs 11,400-crore fraud detection.
Foundry Fuel Products' promoter BLA International today settled a case related to alleged disclosure lapses with markets regulator Sebi after paying Rs 2 lakh towards settlement.
The BSE midcap index tanked 2.79 percent intraday on Friday crashing over 482 points aided by stocks including GMR Infra which tanked 10.55 percent followed by Vakrangee which fell 10 percent.
If the government’s borrowing figure for next year exceeds Rs 6.5 lakh crore, which is what the market expects it to be around, it too might lead to yet another sell-off.
The Securities and Exchanges Board of India (SEBI) is looking at tighten net worth norms, bring in new shareholding rules and ease directorship conditions for stock exchanges, depositories and clearing corporations.
The company's IPO committee has finalised allocation of 18,99,500 equity shares to as many as 25 anchor investors at Rs 1,480 apiece, also the upper price band for the offer, Galaxy Surfactants informed the stock exchanges.
Among broader markets, the midcaps witnessed a weak day of trade, ending about 0.44 percent lower. Meanwhile, PSU banks, pharmaceuticals and IT names gained the most among all sectoral indices.
Most experts are calling this to be a pre-budget rally and the euphoria is tied up to the Budget, and thankfully the December quarter earnings have not been bad in fact some of them were better than estimates.
The index struck 10,000 for the first time on 15th July 2017 and since then it has been a one-way journey for the Nifty50 index, helped by banks, NBFCs, metals and capital goods stocks.
We have spoken to experts on D-Street and collated a list of taxes which retail investors are looking for some relaxation.
Galaxy Surfactants today said it has fixed price band between Rs 1,470 and Rs 1,480 per equity share for its initial public offer (IPO).
With the IPO, the company could reportedly raise around Rs 300 crore, said another source adding that it would include both primary and secondary sales of share.
The initial public offering of Amber Enterprises, the manufacturer of air-conditioners, was subscribed 3.61 times on the second day of bidding today.
Rising for the second straight session, the rupee today ended marginally higher by two paise at 63.86 against the American currency.
State-owned Mishra Dhatu Nigam (MIDHANI) has filed preliminary papers with markets regulator SEBI to float an initial public offering.
IT firm Newgen Software Technologies on Monday raised over Rs 127 crore from anchor investors ahead of its initial share-sale, which opens on Tuesday.
Stressed assets and the NPA issue has opened up a huge opportunity in the country for special situation funds that mainly invest in distressed assets
Barring SBI, rest nine companies including HDFC Bank, ITC, HUL and Infosys saw rise in their market capitalisation (m-cap) for the week ended Friday.
The government on Friday invited applications to fill up the position of a whole time member at markets regulator SEBI.
Markets regulator SEBI on Thursday imposed a fine of Rs 2 lakh on Motilal Oswal Securities in a case related to alleged unauthorised trading through use of forged Power of Attorney (PoA).
The initial public offer (IPO) of Apollo Micro Systems, which caters primarily to the defence and aerospace sectors, was subscribed 2.14 times on the first day of bidding on Wednesday.
Leading Exchanges BSE and NSE will launch a new interest rate futures (IRF) contracts offering 7.17 percent yield on government bonds, from Thursday.
GAIL as a company should focus on providing infrastructure particularly in eastern India to aid the country's transformation to a gas-based economy, Pradhan opined.
Investors continued to pull out money from gold exchange-traded funds (ETFs) and withdrew Rs 730 crore in 2017, making it the fifth consecutive year of outflow from such products.
Leading stock exchange BSE will auction investment limits for foreign investors for purchase of government bonds worth over Rs 6,600 crore on Monday.