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RIL closes in on TCS for top m-cap ranking RIL closes in on TCS for top m-cap ranking

Helped by a sharp surge in its share price, Mukesh Ambani-led Reliance Industries Ltd (RIL) is fast closing in on the top-ranked TCS in market valuation with a gain of over Rs 28,000 crore last week.

Weekly review: Rupee continues its undisputed performance vs USD; at fresh 20-month high of 64.28 Weekly review: Rupee continues its undisputed performance vs USD; at fresh 20-month high of 64.28

The overall forex market sentiment also got a leg-up after the RBI projected India's growth at 7.4 percent for the current fiscal, up from 6.7 percent.

Sensex fails to maintain 30,000 level on fag-end selling pressure Sensex fails to maintain 30,000 level on fag-end selling pressure

The S&P BSE benchmark sensex failed to maintain 30,000 level and Nifty also tumbled from all-time high level due to fag-end selling pressure after the news of US striking Syria.

Sun Pharma shares down 3%; m-cap dips by Rs 5,004 crore Sun Pharma shares down 3%; m-cap dips by Rs 5,004 crore

Shares of Sun Pharma fell by 3 percent today amid reports of USFDA inspection at one of the company's plant.

Rupee maintains its form, scales fresh 20-month high of 64.28 vs USD Rupee maintains its form, scales fresh 20-month high of 64.28 vs USD

Defying intense global volatility and nervousness, the rupee on Friday continued its stellar rally against the US dollar, surging 24 paise to end at a fresh 20-month high of 64.28 amid escalating geo-political trouble.

Sensex tanks 221 points; Nifty fails to hold above 9,200-mark Sensex tanks 221 points; Nifty fails to hold above 9,200-mark

The broader NSE Nifty also broke below the 9,200-mark to finish at 9,198.30, down 63.65 points, or 0.69 percent.

Muthoot Finance Rs 2,000 crore public issue of NCDs opens on Tuesday Muthoot Finance Rs 2,000 crore public issue of NCDs opens on Tuesday

Muthoot said funds raised through this issue will be utilised primarily for lending activities.

SBI bad loans balloon, post-merger provisioning may rise SBI bad loans balloon, post-merger provisioning may rise

The bank will likely have to increase its provisioning for bad loans -- setting aside money to partly cover the non-performing assets (NPAs) following its merger with five subsidiaries.

Sensex tanks 164 points on Asian cues; RIL plunges 1.75% Sensex tanks 164 points on Asian cues; RIL plunges 1.75%

The benchmark BSE Sensex lost over 164 points to 29,763.02 in early trade today as RIL led the fall on increased selling by participants amid weak trend in other Asian markets.

Sebi provides clarity on insider trading norms

Sebi has said that insider trading regulations would be applicable on all "connected persons" and not just on persons designated by the board of a company.

Rupee scales 20-month high of 64.52 vs USD on RBI's growth outlook Rupee scales 20-month high of 64.52 vs USD on RBI's growth outlook

Keeping its bullish wave intact, the rupee on Thursday soared to a near 20-month high of 64.52, firming up by another 35 paise against the US dollar on massive unwinding of the American currency by exporters amid buoyant growth outlook by the Reserve Bank.

Decision to keep repo rate unchanged will improve financial system: Arundhati Bhattacharya Decision to keep repo rate unchanged will improve financial system: Arundhati Bhattacharya

The RBI policy to keep the repo rate on hold was on expected lines, even though the reverse repo rate was hiked to six percent.

Mutual funds attract more retail investors

The fund is expecting to log 35 percent growth this fiscal.

Sensex slips 47 points as RBI holds policy rate Sensex slips 47 points as RBI holds policy rate

Benchmark Sensex retreated from its record high to end 47 points lower at 29,927.34 today after the Reserve Bank left the key policy rate unchanged.

Sensex trips 122 points ahead of RBI policy Sensex trips 122 points ahead of RBI policy

Domestic investors were cautious ahead of RBI's monetary policy meet as the market benchmark Sensex retreated from record close by falling about 122 points in early trade on Thursday while Asian cues were muted on overnight losses in the US.

Fixed deposits score big over equities, MFs for investment: Sebi Survey

More than 95 percent Indian households prefer to park their money in bank deposits, while less than 10 percent opt for investing in mutual funds or stocks, a new Sebi survey showed Wednesday.

 

MF industry assets grow 35% to record Rs 18.3 lakh crore in FY17 MF industry assets grow 35% to record Rs 18.3 lakh crore in FY17

The asset base of mutual fund industry in India surged 35 percent to all-time high of Rs 18.3 lakh crore in 2016-17, driven by growing participation from retail investors.

Markets close at record highs; Sensex ends at 29,974 after breaching 30,000-mark Markets close at record highs; Sensex ends at 29,974 after breaching 30,000-mark

The benchmark Sensex closed up 0.21 percent at 29,974.24 after breaching the 30,000 mark earlier in the session for the first time since March 4, 2015.

Sensex tops 30,000-mark, Nifty at new high of 9,264 Sensex tops 30,000-mark, Nifty at new high of 9,264

On Monday the Sensex closed at 29,910.22 points while it was a trading holiday on Tuesday.

Parliamentary panel wants banks to devise mechanism to detect NPAs early Parliamentary panel wants banks to devise mechanism to detect NPAs early

Concerned over high level of bad loans in the banking system, a parliamentary panel has asked PSU banks to devise a mechanism to detect stressed assets early so that urgent corrective steps can be taken.