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Asian Paints, BoB to replace R-Power, RCom in Nifty

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The National Stock Exchange on Wednesday said it would exclude two Group companies — and — from its benchmark from April 27. These two companies will be replaced by and in the 50-share index.

In August 2011, the Bombay Stock Exchange had exclude Reliance Infrastructure and Reliance Communications — from its benchmark Sensex.

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IABF to close $120-mn fund this year

India Agri Business Fund (IABF), a $120- million equity fund instituted in 2008 for which Rabo Equity Advisors is an investment advisor, is planning ...

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Market News

Sugar down 0.3% on profit-bookings

Commodity for delivery in August shed 0.20%

Silver down 0.6% on profit-booking, global cues

In the international market, metal fell by 0.5% to $20.80 an ounce in Singapore

Palm oil up 0.3% as demand picks up

Oil for delivery in July contract gained 0.24%

Cardamom up 0.2% as demand picks up

Spice for delivery in September edged up by 0.17%

Lead up 0.5% on spot demand

Metal for delivery in July contract edged up by 0.38%

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