This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.
In our Diwali 2017: Should you invest in stocks, gold or fixed income?, we bring to you views of top investment experts on how to position their portfolio at the beginning of the new Samvat year.
A probe by SEBI found that the company had issued equity shares to 9,321 people between 1995-96 and 2006-07 and raised Rs 6.80 crore through such issuance.
More than any other politician of his generation, Narendra Modi seems to understand what the lower middle classes and the masses want.
Benchmark indices which rose to record highs in the run-up to Diwali may consolidate before inching higher, suggest experts.
On the 30th anniversary of the 1987 stock market crash, US stocks are at a record high and investors are concerned that steep valuations may mean a correction is overdue, despite healthy corporate earnings and economic growth.
On Monday, October 19, 1987, the Dow Jones Industrial Average crashed 508 points or nearly 23 percent to close at 1739. The collapse ended the five year bull run in US equities that had begun in 1982.
Bonds worth Rs 6.80 lakh crore were traded on the exchange compared to Rs 5.10 lakh crore during the period under review. The remainder of the bonds worth Rs 2.10 lakh crore were traded on the BSE -- a pick up of over 87 percent compared to the same period year-ago.
It's a tradition which began in 1979.
Foreign portfolio investors (FPIs) bid for investment limits in government debt securities to the tune of Rs 11,875 crore (USD 1.83 billion) as against Rs 10,502 crore (USD 1.62 billion) on offer, exchange data showed.
The 15 promoter entities have violated the provisions of SAST (Substantial Acquisition of Shares and Takeovers) Regulations for the financial years 2011-2012 and 2012-2013, Sebi said in an order.
Silver too dropped on speculative profit-booking after its recent rally on the back of reduced industrial buying.
This may be a good time to take a plunge in the stock markets. Focus and consistency may yield the pearls that you hope for.
The IT industry is not in dire straits as the market is making it out to be, says Vetri Subramaniam, Group President and Head of Equity, UTI Asset Management
Spot gold was unchanged at $1,304.86 an ounce as of 0734 GMT, while U.S. gold futures for December delivery were up 0.2 percent at $1,307.50 per ounce.
Going ahead, buy on dips strategy in the stocks will provide better risk-reward opportunity, Centrum Broking's Jay Purohit tells Moneycontrol.
The exchange, which was targeting to raise Rs 207 crore from the rights issue, will allot the unsubscribed portion through board approval.
PC Jeweller's standalone revenue stood at Rs 8,214 crore and consolidated at Rs 8,577 crore during last fiscal
For the quarter under consideration, the standalone revenue stood at Rs 3,508 crore, compared with Rs 2,778 crore in the comparable quarter last year registering a 26.3 percent increase
The rally is on the backdrop of favourable macroeconomic data and strong global cues and ease in geopolitical tensions; however, strength in crude does pose a concern for Indian macros
This may help quell your doubts about how much capital you should expose to a particular trade
With the festive mood in the air, markets are likely to do well in the October month, which has historically been the weakest.
It could also include making "investment in shares, debentures, mutual funds and/ or other securities of any other body corporate," as per the notice
The quarter marked the first standalone reporting for Jio, and the numbers were better-than-expected with both EBIT and EBITDA being positive
The directors have also been restrained from associating themselves with any listed public company for at least four years, according to the order.