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Top Court Restricts Shapoorji Pallonji Mistry Group From Raising Capital Using Tata Sons Shares
Reported by A Vaidyanathan, Edited by Sandeep Singh (with inputs from agencies) | Tuesday September 22, 2020The SP Group's shareholding in the country's largest business house is estimated at more than Rs 1 lakh crore. -
Sensex, Nifty Off Day's Lows; IT, Pharma Shares Outperform
Edited by Abhishek Vasudev | Tuesday September 22, 2020Nine of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty Media and Realty indexes over 2% decline. -
Appeal Of Mutual Funds Needs To Be Broadened, Says Sebi Chairman
Edited by Peter Noronha | Tuesday September 22, 2020However, despite the efforts of Sebi, the share of these top 15 / top 30 cities in the total industryAssets under management(AUM) has hovered around just 15-17 per cent over the last five years, MrTyagi pointed out. -
Sensex Falls Over 500 Points Amid Selloff Across Sectors; Financial, Auto Stocks Worst Hit
Edited by Sandeep Singh (with inputs from agencies) | Tuesday September 22, 2020Domestic stock markets gave up opening gains in volatile trade on Tuesday amid weakness across Asian shares, as rising global COVID-19 cases and concerns over fresh lockdowns in Europe weighed on sentiment. The S&P BSE Sensex index fell 503 points - or 1.32 per cent - to 37,531.14, and the broader NSE Nifty 50 benchmark slid to as low as 11,084.65, down 165.9 points - or 1.47 per cent - from its previous close. A selloff across sectors, led by financial, automobile and metal shares, dragged the markets lower. -
J.P. Morgan Does Not Include India Government Bonds In Emerging Market Index
Reuters | Tuesday September 22, 2020Morgan has opted not to include India's government bonds after investors cited ongoing problems with capital controls, custody and settlement and other operational snags. -
Sensex, Nifty Give Up Early Gains Amid Volatile Trade
Edited by Sandeep Singh (with inputs from agencies) | Tuesday September 22, 2020The National Stock Exchange's India VIX index - which gauges the expectation of volatility in the near term - jumped as much as 3.48 per cent in morning deals. -
Angel Broking IPO Opens For Subscription
Edited by Peter Noronha | Tuesday September 22, 2020The public offer involves fresh issue of Rs 300 crore and an offer for sale amounting to Rs 300 crore. Applicants can bid for a minimum one lot of 49 shares and in multiples thereafter, up to 13 lots. -
Angel Broking IPO To Open For Subscription Today
Edited by Sandeep Singh | Tuesday September 22, 2020The shares will be listed on both the benchmark indices, BSE and NSE,on October 5. -
Petrol, Diesel Prices Cut By 7-15 Paise On Tuesday
Edited by Peter Noronha | Tuesday September 22, 2020In Delhi, the rate of petrol was slashed to Rs 81.06 per litre from Rs 81.14 per litre and diesel was cut to Rs 71.28 per litre from Rs 71.43 per litre, according to Indian Oil Corporation. -
Sensex, Nifty Likely To Have A Positive Opening
Edited by Peter Noronha (with inputs from agencies) | Tuesday September 22, 2020The domestic stock markets are likely to open in the green, post the 2 per cent fall witnessed in the previous session, going by early indications from SGX Nifty trading. -
Angel Broking IPO To Open On September 22. Should You Invest?
Edited by Peter Noronha | Monday September 21, 2020The public offer will consist of fresh issue of Rs 300 crore and an offer for sale of Rs 300 crore by the promoters; investors can bid for a minimum one lot of 49 shares. -
Sensex Falls Over 800 Points Posts Biggest One-Day Loss In 3 Weeks
Edited by Abhishek Vasudev | Monday September 21, 2020Investors turned cautious considering surging cases of COVID-19 in the country and the passage of a contentious farm bill by lawmakers. -
Ant-Backed Paytm -- The New Challenger In India's Stock Broking Industry
Ronojoy Mazumdar, Bloomberg | Monday September 21, 2020The newcomer is stoking competition among Indian brokerages rushing to give hungry traders the perfect platform. -
HSBC Shares Hit 25-Year Low on China Fears, Alleged Suspicious Transfers
Alfred Liu, Bloomberg | Monday September 21, 2020Europe's largest bank is a possible candidate for China's "unreliable entity list" that aims to punish firms, organizations or individuals that damage national security. -
Sensex Drops Over 750 Points, Nifty Breaks Below 11,300
Edited by Abhishek Vasudev | Monday September 21, 2020The Rajya Sabha on Sunday passed two contentious farm bills, which have triggered protests by farmers at several places.
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