An American economist has called for consolidating the central bank and government's budgets and balance sheets saying such a move can prevent sovereign default risks and ensure better fiscal and monetary outcomes.
Trend from global markets amid brewing geo-political trouble and corporate quarterly results will continue to steer stocks this week, say experts.
The Code, which provides for market-determined and time- bound resolution process, is being implemented by the Insolvency and Bankruptcy Board of India (IBBI).
Snapping the previous two weekly gains, the benchmark Sensex fell 245.16 points to 29,461.45, while the broader Nifty cracked the key 9,200-level to finish at 9,150.80.
April 27 has been set as record date for the share swap.
Four out of the five firms which got listed this year are trading above their issue price, giving smart returns of up to two-times to investors, helped by positive broader market sentiment.
The huge fund-raising can be attributed to reforms and initiatives taken by the government to encourage the SME sector.
BSE, NSE, Forex, Money Market, Bullion and other major commodity markets will remain close on Friday, on account of "Dr Baba Saheb Ambedkar Jayanti" and "Good Friday"
The Reserve Bank of India (RBI) on Thursday tweaked rules that trigger regulatory action against lenders who overshoot the limit on bad loans or fail to comply with capital ratios.
Indian companies have raised more than Rs 29,000 crore by issuing non-convertible debentures (NCDs) to retail investors in the first 11 months of 2016-17 to meet their business requirements.
Shares of IT services firm Infosys today fell nearly 3 percent after it reported lower-than -expected earnings for the quarter ended March 2017.
A build-up in tension linked to geo-political developments gave markets the blues on Wednesday as the Sensex lost 145 points at 29,643 while domestic investors sat tight ahead of start of the corporate earnings season.
Investors held themselves back ahead of macro data due today as the benchmark Sensex changed course and dropped 165 points following across the board selling amid weak Asian indices.
The BSE benchmark Sensex recovered 213 points on Tuesday as fresh buying by investors led to widespread gains ahead of the earnings season.
The average cost of equity, an indicator of return required for investors, is higher at around 15 percent compared to developed countries, says a report.
The appreciation in the rupee is likely to continue for some time and it is expected to average at 66.2 against the US dollar in the current financial year.
The BSE benchmark Sensex recovered 155 points to quote at 29,787 in post noon trade as fresh buying by investors led to widespread gains ahead of the earnings season.
Regulator Sebi is mulling allowing institutional investors in a phased manner in commodity derivatives and may soon permit options trading in this market.
India was among the most active IPO markets in the EMEIA (Europe, Middle East, India and Africa) region, with BSE and NSE registering 26 IPOs worth USD 619 million in first quarter this year, says an EY report.