Investments in domestic capital markets via participatory notes (P-notes) have surprisingly surged to 4-month high of Rs 1.78 lakh crore at the end of March despite stringent norms put in place by Sebi to curb inflow of illicit funds.
The Sensex opened strong and shuttled between 29,453.06 and 29,341.68, before ending at 29,422.39, a gain of 85.82 points, or 0.29 percent.
The rupee on Wednesday staged a mild recovery after two sessions of losses and edged up 5 paise to end at 64.58 a dollar on fresh selling of the American currency by banks and exporters.
Shares of IT major TCS on Wednesday fell by over 2 percent after the company's March quarter numbers came in lower than estimates.
The PSU disinvestment drive for the current fiscal took off successfully today, with NALCO's share sale oversubscribed 1.63 times by institutional buyers.
Buoyed by forecast of a normal monsoon and shrugging off weak trend in global markets, the benchmark BSE Sensex rose over 54 points in opening trade today after investors took to select stock-picking.
Markets regulator Sebi is looking to allow investors to buy mutual funds worth up to Rs 50,000 through digital wallets to make it easier for investors to purchase these instruments, especially by young generation.
NSE Nifty reclaims the psychological 9,200-mark and BSE benchmark Sensex soared about 267 points in early trade today, triggered by across-the-board buying amid mixed overseas cues.
Hit hard by the note-ban, securitisation volume of microfinance institutions (MFIs) fell 21 per cent to around Rs 7,150 crore in fiscal 2017 compared to Rs 9,000 crore last year, says a report.
Stock prices on the mend, the Finance Ministry will nudge at least six public sector banks to hit markets to raise funds and ease the pressure on the exchequer of pumping in capital as per the Indradhanush plan.
Foreign investors have pumped in a whopping Rs 16,500 crore in the Indian capital markets this month so far on the back of improved investor sentiment and growth in manufacturing sector.
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.