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Sensex Rallies 629 Points, Nifty Settles Above 11,400 Led By Banks
Edited by Abhishek Vasudev | Thursday October 01, 2020All the 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Private Bank index's over 4% gain. -
Cash-Starved Lakshmi Vilas Bank Will Not Fail, Says Founder
Suvashree Ghosh and Anto Antony, Bloomberg | Thursday October 01, 2020Lakshmi Vilas Bank's troubles come just months after the rescue of larger private-sector peer Yes Bank Ltd. in what was India's biggest bank bailout. -
Market Latest Updates: Sensex Ends 629 Points Higher As Financial Stocks Surge
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 01, 2020Stock Market Updates: The Nifty Bank Index - which tracks shares of 12 major lenders in the country - closed 3.70 3.16 per cent higher, led by ICICI Bank and IndusInd Bank. -
Stock Market Update: Sensex Rallies Over 600 Points, Nifty Reclaims 11,400 Led By Banks
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 01, 2020Stock Market Updates: The Nifty Bank Index - which tracks shares of 12 major lenders in the country - soared as much as 3.16 per cent during the session, led by ICICI Bank and IndusInd Bank. -
Public Provident Fund, Sukanya Samriddhi Schemes Fetch These Returns Now
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 01, 2020Small Savings Schemes: There are currently nine government-run small saving schemes, including the Public Provident Fund (PPF) and the Senior Citizen Savings Scheme (SCSS). -
Rupee Closes At 1-Month High Of 73.14 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 01, 2020Rupee Vs Dollar: The rupee has recovered 5.02 per cent from an all-time low against the dollar registered in April. -
Multiplex Shares Rally After Government Allows Cinemas To Operate With 50% Seating
Edited by Abhishek Vasudev (with inputs from Reuters) | Thursday October 01, 2020About 9,500 theatres have remained shut since the nationwide coronavirus lockdown started in late March. -
Rupee Spurts To 73.32 Against US Dollar
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 01, 2020Rupee Vs Dollar: Weakness in the dollar overseas and sharp gains in domestic equity markets amid optimism about a recovery from the damage caused by the coronavirus pandemic supported the rupee, according to analysts. -
India's September Factory Activity Grew At Fastest Pace In Over Eight Years
Reuters | Thursday October 01, 2020The Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, jumped to 56.8 in September from 52.0 in August. -
Chemcon Speciality Chemicals More Than Doubles, Listing At 115% Premium
Edited by Peter Noronha | Thursday October 01, 2020Chemcon Speciality Chemicals IPO listing today: The Rs 318-crore IPO was subscribed by a staggering 149.05 times; the retail category was subscribed 40.65 times, qualified institutional buyers attracted bids worth 113.54 times and non-institutional investors segment, 449.14 times. -
Computer Age Management Lists At Premium Of 23% Over Issue Price
Edited by Peter Noronha | Thursday October 01, 2020The IPO was an offer-for-sale of 1.22 crore shares by the promoters, including the likes of Great Terrain Investment, NSE Investments, Warburg Pincus and Acsys Investments. -
Tokyo Stock Exchange Halts Trading For Entire Day In Its Worst Breakdown
Shoko Oda, Bloomberg | Thursday October 01, 2020The issue damps investor sentiment following a positive U.S. stock market performance overnight and closures in other major markets in the region, including China, Hong Kong, South Korea and Taiwan. -
Stock Market Update: Sensex Gains Over 400 Points Amid Buying Across Sectors
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 01, 2020Stock Market Updates: The Bank Nifty index - comprising stocks of 12 major lenders in the country - traded 1.90 per cent higher at the time, having risen as much as 2.26 per cent earlier. -
Stock Market Update: Sensex Jumps Over 450 Points, Nifty Above 11,350 Amid Broad-Based Gains
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 01, 2020Stock Market Updates: The S&P BSE Sensex index opened 342.27 points higher at 38,410.20, and the broader NSE Nifty 50 benchmark began the day at 11,364.45, up 116.90 points from its previous close. -
Likhitha Infrastructure IPO Closes Today. Here Are Some Key Facts
Edited by Peter Noronha | Thursday October 01, 2020Likhitha Infrastructure IPO closes for subscription: The public offer consists of a fresh issue of up to 51 lakh equity shares, or 25.86 per cent of the post issue paid-up equity capital of the company.
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