The commentary by technical analysts has moved from 'sell on rallies' to 'buy the dips', with most expecting the bullish momentum, seen over the past three weeks, to sustain
Market analysts attributed the upmove to positive sentiment generated from gradual lifting of lockdowns across countries
Sebi said that the entire procedure was intended to dilute the reverse book building mechanism for discovery of delisting price of the scrip as per stipulations
Most firms not indicating financial impact
The Mukesh Ambani-led company plans to reduce debt with the proceeds from the stake sale
Sebi's new framework allows live testing on a small set of customers for a limited period of time.
Stocks in the BSE 500 universe account for nearly 93 per cent of India's market capitalisation.
Besides asset quality improvement, management's positive commentary on loan growth and lower that expected moratorium book were key reasons behind the Street's excitement
BSE Sensex gained 307 points or 0.9 per cent to settle at 34,287.24 while NSE's Nifty ended at 10,142.15, up 113 points or 1.13 per cent
WhatsApp chats extracted from the seized devices were examined further and while examining the chats, it was found that earnings data and other financial information of around 12 companies were leaked
All that happened in the markets today
The profit was supported by one-time gain of Rs 2,731.34 crore from the stake sale in SBI Cards done during the quarter.
IDBI Bank has rallied 89% during the week. It has become the sixth most valued listed lender, surpassing Bandhan Bank, YES Bank and IndusInd Bank in market capitalisation ranking.
A follow-up buying may induce stronger momentum trapping short-sellers
There were some expectations that bitcoin would soar, similar to what happened after the two previous adjustments as the "halving" effectively decreased its supply
With malls and restaurants being allowed to re-open from June 8, sugar demand is expected to rise
The company said that its board is scheduled to meet on June 12, 2020 to consider the proposal for voluntary delisting of equity shares of the company.
Bharti Airtel issued a clarification to the exchanges saying that "no such proposal is currently under consideration"
With market capitalisation of Rs 26,522 crore, Vodafone Idea stood at number 96th position in the overall m-cap ranking at 09:27 am, the BSE data shows.
Abu Dhabi state fund Mubadala Investment Co will buy a 1.85 per cent stake in its digital unit, Jio Platforms, for Rs 9,093.6 crore.