Nifty ends below 9,500; Reliance Industries drags

 The NSE Nifty ended below the 9,500 mark for the first time in over a month on Wednesday weighed down by stocks such as Reliance Industries Ltd amid concerns of higher valuations following a recent record-setting rally.

The broader Nifty closed down 0.21 percent at 9,491.25, posting its sixth straight session of losses.

The benchmark BSE Sensex was 0.40 percent lower a

Sensex flat as valuation worries hit sentiment; banks fall

By Jessica Kuruthukulangara

The NSE Nifty traded flat on Wednesday as weakness in lenders on worries about provisioning for defaulted loans continued, while concerns of bloated valuations following a record-setting rally dampened risk appetite.

The Nifty PSU Bank index slid as much as 1.7 percent to its lowest in three months, a day after a news report said the central bank

Nifty hits one-month low; banking stocks drag

By Jessica Kuruthukulangara

The NSE Nifty fell for a fifth straight session and touched a one-month low on Tuesday as lenders took a hit following a report that the country's central bank has demanded higher provisioning for loans submitted under the insolvency process.

The Reserve Bank of India has asked banks to set aside at least 50 percent of the loan amount for acco

Indian markets closed on Monday for public holiday

MUMBAI - India's stocks, bonds and currency markets will be closed on Monday for a public holiday. Trading will resume on Tuesday.

The broader NSE index fell 0.57 percent on Friday, closing at its lowest since May 25. The benchmark BSE index fell 0.49 percent.

The new 10-year bond yield rose 1 basis point to 6.46 percent, while the rupee strengthened to

Caution over GST, derivatives expiry to affect equities

Derivatives expiry coupled with crude oil prices and direction of foreign funds' movement are expected to affect the equity charts during the upcoming week.

Market observers have opined that key equity indices might remain range-bound ahead of the Goods and Services Tax (GST) implementation slated from July 1.

"The markets next week are expected to remain range boun

Selling pressure, caution over GST dent equity markets

The Indian equity markets traded in the red during the mid-afternoon session on Friday as broadly negative global cues, coupled with caution ahead of the Goods and Services Tax (GST) implementation and heavy selling pressure in automobile, capital goods, oil and gas and banking stocks subdued investor sentiments.

At 1.00 p.m., the wider Nifty of the National Stock Exchange (NSE) fell

Sensex, Nifty end lower; financial stocks weigh

  The NSE Nifty ended lower for a fourth straight session on Friday, its longest losing streak since mid-April, as investors booked profits in financials such as State Bank of India and Kotak Mahindra Bank Ltd.

The index closed down 0.57 percent at 9,574.95, its lowest close since May 25. It fell 0.14 percent for the week.

The benchmark BSE Sensex was 0.49 percent lower

Equity markets close on a flat note

 After two days of corrections, the Indian equity markets closed on a flat note during Thursday's trade session.

The 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 31,351.53 points, provisionally closed at 31,290.74 points (at 3.30 p.m.) -- up a mere 7.10 points, or 0.02 per cent, from its previous close at 31,283.64 points.

It touched a new high of 3

Sensex ends flat after record high; IT pares gains

  The BSE Sensex ended flat after earlier rising as much as 0.8 percent to a record high as IT firms reversed earlier gains after a lobby group issued a muted revenue guidance for exports, while energy firms fell on sliding oil prices.

The benchmark BSE index closed up 0.02 percent at 31,290.74, after earlier hitting a record high of 31,522.87.

The broader NSE Nifty was

Hinduja Leyland Finance scraps IPO plans

Non-banking finance company Hinduja Leyland Finance Ltd has decided to scrap its initial public offering plans and has withdrawn its Draft Red Herring Prospectus (DRHP) filed with the Securities and Exchange Board of India, parent firm Ashok Leyland Ltd said on Wednesday.

In a regulatory filing in the BSE, Ashok Leyland said the Board of Directors of Hinduja Leyland Finance had decide

Global cues, selling pressure pull equity markets lower

The Indian equity markets on Wednesday closed on a flat note -- marginally in the red -- as negative global cues, a weak rupee and heavy selling pressure in automobile, metal, and oil and gas stocks subdued investors' sentiments.

The wider Nifty of the National Stock Exchange (NSE) fell by 19.90 points, or 0.21 per cent, to provisionally close at 9,633.60 points.

The 30-

Sensex falters on oil slump, caution before RBI minutes

 Indian shares posted small losses for a second consecutive session on Wednesday, tracking lower Asian markets after oil prices slumped, with investors waiting for the minutes of a central bank policy meeting held earlier this month.

The broader NSE Nifty closed down 0.21 percent at 9,633.60, while the benchmark BSE Sensex was 0.04 percent lower at 31,283.64.


Indian equities close flat, banking stocks slip

The Indian equity markets on Tuesday trimmed gains to provisionally close on a flat-to-negative note as investors booked profits and banking and FMCG stocks witnessed selling pressure.

However, positive European markets and healthy buying in consumer durables, IT and oil and gas stocks limited the downside.

The wider Nifty of the National Stock Exchange (NSE) inched lower by

BSE SME platform receives 214 draft prospectus

BSE's small and medium enterprise (SME) platform seems to be generating significant interest from investors with as many as 214 firms filing draft papers to raise funds through IPOs since the launch of the segment, nearly five years ago. Out of 214 companies, 183 of them are already listed and have raised Rs 1,440 crore from the market.

Currently, these firms have a market capital

Sensex rises as IT stocks rally; state farm loan waiver hits lenders


By Jessica Kuruthukulangara

India's key equity indices edged higher on Tuesday as technology shares rose, while a fall in lenders following the Punjab state government's farm loan waiver in the country's so-called granary capped gains.

Shares of information technology companies including Infosys Ltd jumped tracking an overnight rebound in U.S. te

Sensex ends higher; bank stocks rise

 Indian shares rose on Monday as banking stocks gained on hopes that the Reserve Bank of India's initiative directing lenders to start bankruptcy proceedings against large loan defaulters would help reduce the levels of bad debt hampering credit growth in the country.

The benchmark BSE Sensex rose 0.82 percent and posted a record close of 31,311.57, while the broader NSE Nift

Indian shares rise; banks up as RBI cracks down on bad debt

By Jessica Kuruthukulangara

Indian shares rose on Monday as lenders such as State Bank of India gained after the central bank asked banks to start banktruptcy process against 12 large loan defaulters, raising hopes that reduction of bad debt will start to quicken.

The Reserve Bank of India urged lenders to initiate bankruptcy proceedings against a dozen companies, including

GST rates, rains to chart equity market movements

Further clarity on GST sub-rates and rules, along with developments regarding the monsoon's progress and global cues are expected to influence investors' sentiments in the equity segment during the week commencing June 19, market observers have opined.

According to analysts, the outcome of the GST Council's meet, slated to be held on June 18 in New Delhi, will set the

Equity markets bearish on US Fed rate hike, fund outflows

Breaking the five-week streak of gains, the Indian equity markets slipped into the negative territory during the week ended Friday on the back of global cues such as the rate hike by the US Federal Reserve.

Besides, prolonged outflow of foreign funds and profit bookings dented the overall investment sentiment.

On Friday, the 30-scrip Sensitive Index (Sensex) of the BSE close

Nifty posts first weekly loss in six

The NSE Nifty gained 0.1 percent on Friday, but posted its first weekly loss in six, as a fall in information technology and pharmaceutical shares on worries over their earnings outlook offset a bounceback in bank stocks.

The broader Nifty gained 0.1 percent to end at 9,588.05 points, but fell 0.76 percent for the week. It ended each o

Canara Bank to raise Rs 6,300 cr through securities

Public-sector lender, Canara Bank said that it has received approval to raise Rs 6,300 crore through various routes, including qualified institutional placement (QIP), rights issue or follow on public offer. “The board of directors at the meeting held today approved the proposal to raise equity capital up to Rs 3,500 crore, inclusive of premium to be decided, by way of qualified instituti

Sensex flat; Nifty headed for first weekly loss in five

By Vishal Sridhar

The NSE Nifty swung between gains and losses on Friday and was headed for its first weekly loss in six, as a fall in information technology and pharmaceutical shares on worries over their earnings outlook offset a bounceback in bank stocks.

The index was trading 0.11 percent higher a

Sensex, Nifty end lower; financials hit by profit-taking

REUTERS - Indian shares fell on Thursday as investors booked profits in recent outperformers, while soft U.S. economic data, a relatively hawkish Federal Reserve and worries of political turmoil in the world's largest economy hurt sentiment.

The BSE Sensex ended 0.26 percent down at 31,075.73

The broader NSE Nifty, which posted losses in two of the last

BSE to auction investment limits for Rs 18,437 cr government bondse

Leading stock exchange BSE will auction investment limits for overseas investors to purchase government debt securities worth a staggering Rs 18,437 crore tomorrow. The auction will be conducted on BSE's ebidxchange platform from 1530 hours to 1730 hours after the close of market hours, the exchange said in a circular. The debt auction quota gives overseas investors the right to invest in t

Healthy macro-data marginally lifts Indian equities

Indian shares ended higher after a volatile session on Wednesday with Reliance Industries Ltd gaining on strong April subscriber additions, although broader sentiment was muted ahead of the U.S. Federal Reserve meeting.

The benchmark BSE Sensex closed 0.17 percent higher at 31,155.91.

The broader NSE Nifty ended up 0.12 percent at 9,618.15.

Reliance Industries shar