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PSU banks may get additional capital infusion of Rs 7,000 cr

PSU banks may get additional capital infusion of Rs 7,000 cr

Last Updated: Wednesday, April 23, 2014, 20:34

To further enhance capital base, the government is planning to make additional infusion of up to Rs 7,000 crore in the public sector banks during the current fiscal.

Sensex, Nifty at record highs on capital inflows

Sensex, Nifty at record highs on capital inflows

Last Updated: Wednesday, April 23, 2014, 17:24

The 30-share Sensex touched record intra-day high of 22,912.52 points on rise in Larsen & Toubro, HDFC Bank and ICICI Bank.

Earnings, big pharma deals give S&P 500 6th straight gain

Earnings, big pharma deals give S&P 500 6th straight gain

Last Updated: Wednesday, April 23, 2014, 10:54

Solid earnings and major pharmaceutical-sector deals lifted stocks Tuesday, producing a sixth straight day of gains for the S&P 500 and Nasdaq Composite Index.

Sensex hits new record high of 22,893; Nifty touches 6,861

Sensex hits new record high of 22,893; Nifty touches 6,861

Last Updated: Wednesday, April 23, 2014, 10:01

The NSE index Nifty also rose 23.25 points, or 0.34 percent, to trade at 6,838.60 after hitting a fresh high of 6,861 earlier.

SEBI slaps Rs 3 lakh fine on Bengal Finance

Last Updated: Tuesday, April 22, 2014, 19:02

Market regulator SEBI Tuesday slapped a penalty of Rs 3 lakh on Bengal Finance and Investment for alleged failure to make requisite disclosures regarding its stake in Kajaria Ceramics within the stipulated time frame.

MFs' exposure to IT stocks falls to Rs 24,315 crore in March

MFs' exposure to IT stocks falls to Rs 24,315 crore in March

Last Updated: Tuesday, April 22, 2014, 16:42

Mutual fund managers' exposure to the software sector has dropped to Rs 24,315 crore in March, after touching a record high in the preceding month, primarily on account of investors' concerns over the impact of appreciating rupee on exporters.

Sensex hits new record high of 22,812; Nifty at 6,827

Sensex hits new record high of 22,812; Nifty at 6,827

Last Updated: Tuesday, April 22, 2014, 09:59

The NSE index Nifty also rose 9.55 points, or 0.14 percent, to trade at a fresh high of 6,827.20, surpassing the previous intra-day high of 6,825.45 reached yesterday.

Bond yields unlikely to fall further: Traders

Last Updated: Sunday, April 20, 2014, 14:23

The rally in the government bond prices seen last may not sustain due to the continuous supply of debt every week and the caution ahead of the election results next month, say bankers.

Ranbaxy's journey as a company to end after merger with Sun

Last Updated: Sunday, April 20, 2014, 12:27

Ranbaxy Laboratories will cease to exist as a company after completion of the USD 4 billion merger with Sun Pharmaceuticals, although its brands will be kept alive in over 100 markets.

Sensex ends flat in truncated week after see-saw trade

Last Updated: Saturday, April 19, 2014, 14:45

The NSE benchmark Nifty opened up at 6,792.70 and traded between a high of 6,813.40 and a low of 6,665.15 before ending at 6,779.40, a marginal gain of 3.10, or 0.05 percent.

Markets end almost flat for week

Last Updated: Saturday, April 19, 2014, 14:12

Snapping three-day losing string, India's stock markets rallied over 1.5 percent on Thursday but ended the week nearly unchanged.

FIIs up stakes in 16 Sensex cos in Jan-March quarter

Last Updated: Friday, April 18, 2014, 16:32

Taking a positive stance on the Indian stocks, foreign funds increased their exposure to 16 Sensex companies, including Infosys, RIL and HDFC, for the quarter ended March 31, 2014.