The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
Global risk appetite was frail on concerns over political dysfunction in US
The broader markets traded tad higher with mid-caps and small-caps adding 0.2 per cent on the BSE
At 8:10AM Indian Standard Time the SGX Nifty was up 40 points at 5,806.
Markets ended lower on Monday, amid weak global cues, as the US debt ceiling crisis weighed on investor sentiment.
BOI, Indian Bank, BoB, PNB and Union Bank have fallen 15-20% in past seven trading days on the NSE.
Markets extended loses in late trades on Monday as the US debt ceiling crisis weighed on investor sentiment.
The one leading the losses were heavyweights like ICICI Bank, ITC, L&T, ONGC and HDFC Bank
At 11:33AM, the Sensex was lower by 225 points at 19,502 mark and the Nifty slipped by 61 points at 5,772 levels
The stock was down 4% at Rs 313, extending its Friday's 3% fall on the BSE.
The broader markets traded lower with mid-caps and small-caps dropping 0.4 per cent on the BSE.
FTIL has tanked 9% to Rs 138, while MCX was down 4% at Rs 386 on the Bombay Stock Exchange.
Lupin received approval from the FDA to market a generic version of Warner Chilcott Company LLC's 'Ovcon 35' tablets, an oral contraceptive, in the American market.
BHEL, Tata Steel, SBI, Bharti Airtel, ICICI Bank, M&M, ONGC & L&T have slipped between 1-4%
The stock has rallied over 7% to Rs 548 on BSE.
At 8:20AM Indian Standard Time the SGX Nifty was down 1 per cent at 5,830.
Investors cautious stance ahead of June-quarter current account deficit data
ICICI Bank, HDFC Bank, HUL and Bharti Airtel among the top losers
United Breweries, United Spirits, UB Holdings, Kingfisher Airlines and McDowell Holdings are up 5-10% on the BSE.
The stock rallied 13% to Rs 101 on the National Stock Exchange.
Markets extended losses in noon trades on Friday weighed down by selling pressure in financials and FMCG shares.