Money has been flowing into this space in a big way as investors have been in search of low-cost options, says Mobius
SGX has become the most popular way for foreign investors to bet on Indian equity indexes
Increase in crude oil prices could put pressure on growth
At Rs 114 billion, the hit could be about 23% of PNB's current net worth
UCO Bank slipped 4.58%, Dena Bank - 4.43% and Oriental Bank of Commerce - 1.71%
The rebound came after a two-week rout that wiped off over $6 trillion in global stock market value at one point, triggered by worries of a rise in US inflation
All that happened in the markets today.
The CII-IBA Financial Conditions Index stood at 53.2 for the fourth quarter (Q4) of 2017-18 as against 65.3 in the October-December period
Gitanjali Gems, Rajesh Exports, Renaissance Jewellery, Goldiam International, Lypsa Gems, PC Jeweller and Asian Star Company were down 5% to 8% on the BSE.
The stock rallied 8% to Rs 730 on the BSE in intra-day trade in otherwise weak market after the textile company said that its board will meet on Thursday to consider share buyback proposal.
In past four trading sessions, the Nifty PSU Bank index slipped 10% against 1.4% decline in the benchmark index.
The stock locked in lower circuit for the third straight trading days, hit fresh 52-week low of Rs 33.80, trading close to its all-time low of Rs 29.95 touched on March 1, 2016.
Over the past two decades, SGX has become the most popular way for foreign investors to bet on Indian equity indexes with Nifty 50 futures tracking the NSE's main index
The stock is locked upper circuit of 20% at Rs 53.85 on BSE in early morning trade after media report suggested that the Tata Steel become the highest bidder for the company assets.
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher.
Most European markets have rallied four per cent in dollar terms and US markets have gained about 5 per cent during the same period
Overseas funds have been spooked by several policy measures taken by the government in the past few years
Graphite has reported the kind of third quarter numbers that will prompt you to exhale on your glasses, wipe those and read again
Shares of digital payments enabler Vakrangee have rebounded 25 per cent in past five trading sessions to Rs 245
Premium products, cost-control initiatives key triggers for company transitioning from being a biscuits maker to a bigger player in food