A confirmed breakdown reflects upcoming selling pressure when significant levels are expected to get broken. Even investors look for early exits.
Nifty could face firm support in sub 11,600-zone.11,600 will act as support as maximum put OI is placed here
IT stocks are set to be in focus today after the country's largest IT services company, TCS, beat street expectations in its second-quarter financials
Rs 500 cr may look very small, but the importance becomes clear when it is found that since March, companies had not issued a single Masala bond abroad
Lender's caution on customer additions and fresh loan disbursals suggests the unpredictable nature of retail asset quality, say analysyts.
Margins would, however, continue to be muted on lower studded ornament sales and discounts
Garners 9.5x subscription; offer was to close Thursday but was extended due to shortfall in bids from QIBs even as retail portion saw strong demand
The regulator wants to reduce the trading settlement cycle to the next day, or T+1
There was, however, a mixed trend overseas after US President Donald Trump dashed hopes of a pre-election stimulus package
Promoter group wants an exit price of less than Rs 170 per share, but large institutional shareholders are keen on getting more
Many are looking at covenants previously available only to institutions, such as first loss default guarantees. Covered bonds also gaining in popularity
Sebi said that Roy, by violating provisions of the Companies Act, "prejudicially affected the interest of investors and the securities market."
Saurabh Nanavati, CEO, Invesco MF re-elected as vice chair
Sharp rise in non-Covid business and strong revenue growth indicated by Thyrocare, Metropolis prop up sentiment
Punjab & Sind Bank and Lakshmi Vilas Bank on Wednesday said rating firms have downgraded their bond programmes totalling over Rs 2,580 crore.
The benchmark indices ended over half a per cent higher on Wednesday, led by buying in Reliance Industries (RIL) and HDFC Bank
All that happened in the markets today
ADIA joins the league of Silver Lake, KKR, General Atlantic, Mubadala Investment Company, GIC, and TPG who have cumulatively invested Rs 37,710 crore in Reliance Retail for 8.48 per cent stake
The bid for Vedanta's delisting offer opened on Monday, October 5, while the bid closes on Friday, October 9, 2020
As regards the financial sector, analysts at Credit Suisse expect the management commentary on asset quality to turn more positive given a recent pick-up in collections