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Sensex bounces 56 points in early trade on rate cut hopes

The benchmark BSE Sensex recovered over 56 points in opening trade on Wednesday on hopes of a rate cut by the Reserve Bank and encouraging corporate earnings.

Market's 4-day winning spell stalls; Sensex trips 104 points, Nifty slips below 8,800-level Market's 4-day winning spell stalls; Sensex trips 104 points, Nifty slips below 8,800-level

The 50-share NSE Nifty broke below the crucial 8,800 level and settled lower by 32.75 points, or 0.37 percent, at 8,768.30.

Shares of PSU banks, govt stake in erstwhile PSUs may form basket of second CPSE Exchange Traded Fund Shares of PSU banks, govt stake in erstwhile PSUs may form basket of second CPSE Exchange Traded Fund

The Finance Ministry is considering including shares of public sector banks and government's shareholding in erstwhile PSUs in the second CPSE Exchange Traded Fund (ETF) which it plans to launch next fiscal.

Rupee may break 66.2-68.7 range on note ban, oil prices: DBS Rupee may break 66.2-68.7 range on note ban, oil prices: DBS

A 'resilient' Indian rupee has weathered the post-US election headwinds fairly well but the domestic currency may still break above its 66.2-68.7 range established since early 2016, says a DBS report.

 

Mutual funds asset rises to all-time high of Rs 17.37 trillion in Jan Mutual funds asset rises to all-time high of Rs 17.37 trillion in Jan

Mutual fund industry's asset base rose to all-time high of Rs 17.37 lakh crore at the end of January primarily on account of strong inflows in equity, income and money market segments.

Sensex declines by 62 points, Nifty trades below 8800 Sensex declines by 62 points, Nifty trades below 8800

Benchmark Sensex indices continued to fall amid consolidation, down by 62 points in late morning trade and dragged by profit-booking in Auto, IT, Technology, Industrials and Banking sectors ahead of outcome of monetary policy committee meeting due tomorrow amid weak Asian cues.

Sebi seeks clarification on NSE's Rs 10,000-crore IPO Sebi seeks clarification on NSE's Rs 10,000-crore IPO

Markets regulator Sebi has sought clarification on the proposed Rs 10,000 crore initial public offering of top bourse National Stock Exchange (NSE).

India Rupee zooms to nearly 3-month high of 67.22 against US dollar India Rupee zooms to nearly 3-month high of 67.22 against US dollar

The rupee continued to outshine against the beleaguered US dollar and ended at a nearly 3-month high of 67.22, appreciating by 9 paise on sustained unwinding of American currency by exporters and corporates ahead of the RBI policy.

Sensex rises 199 points to hit 4-month high on RBI rate cut hopes Sensex rises 199 points to hit 4-month high on RBI rate cut hopes

The Sensex on Monday rose by 199 points to hit a four-month high on hopes that the Reserve Bank of India would cut rate on Wednesday's policy meet.

Sensex surges over 200 points, Nifty hits 8,800 after 4 months Sensex surges over 200 points, Nifty hits 8,800 after 4 months

The benchmark BSE Sensex surged over 200 points while the broader Nifty traded above 8,800 level in the opening trade on positive global cues and hopes of rate cut on Wednesday.

FPIs get back to buying mode, pump in Rs 2,300 crore in 3 days FPIs get back to buying mode, pump in Rs 2,300 crore in 3 days

After four months of selling frenzy, overseas investors turned net buyers in February and pumped in over Rs 2,300 crore in the capital market over the last three sessions, enthused by clarity on FPI taxation.

RBI policy, IIP, Q3 data major deciders of market this week RBI policy, IIP, Q3 data major deciders of market this week

Reserve Bank's monetary policy review meet this week, key macro data and corporate quarterly earnings will size up the market this week, say experts.

Capital infusion in PSU banks after Q3 numbers Capital infusion in PSU banks after Q3 numbers

Government will finalise the second and final tranche of capital infusion for public sector banks (PSBs) for 2016-17 once all of them have declared results for the third quarter of the current financial year, a senior Finance Ministry official said.

Hemmed in by NPAs, poor demand, Exim Bank stares at muted year Hemmed in by NPAs, poor demand, Exim Bank stares at muted year

Hit by increase in non-performing assets and subdued global demand, the national export finance institution Exim Bank is looking at a muted growth of 5-7 per cent for the current financial year.

Blockbuster listing for BSE; shares end nearly 33% higher

In a blockbuster debut, shares of 140-year-old BSE Ltd on Friday got listed on rival NSE's platform at a huge premium of nearly 33 percent over the IPO price -- culminating the 10-year-long process of India's first stock exchange going public.

 

Sun TV gets going after court ruling, stock surges nearly 27% Sun TV gets going after court ruling, stock surges nearly 27%

Shares of Sun TV Network jumped nearly 27 percent on Friday to touch a one-year high mark after a special court discharged former telecom minister Dayanidhi Maran, his industrialist brother and promoter Kalanithi Maran and others in the Aircel-Maxis case.

Rupee good run continues, gains 4 paise against dollar

The rupee's good run continued into the 8th straight session today as it firmed up by another 4 paise in early trade to 67.33 against the dollar after the US currency saw higher selling by exporters and banks amid foreign fund inflows.

Key Indian equity indices trade lower in early session Key Indian equity indices trade lower in early session

The 30-scrip Sensitive Index (Sensex) was trading 32.73 points or 0.12 per cent lower during the early session.

Budget 2017: Rajiv Gandhi Equity Savings Scheme to be phased out Budget 2017: Rajiv Gandhi Equity Savings Scheme to be phased out

Rajiv Gandhi Equity Savings Scheme (RGESS), under which tax benefits of up to Rs 25,000 for small investors in equities have been proposed to be phased out, seems to have had limited takers with more than 4,500 accounts having no investments at all.

Sensex hovers at 4-month high on Budget rally Sensex hovers at 4-month high on Budget rally

The 50-share NSE Nifty finished higher by 17.85 points, or 0.20 percent, at 8,734.25 after trading between 8,685.80 and 8,757.60.