Page 4321 - Markets News
Edelweiss Financial extends rally as Jhunjhunwala buys stake
On June 12, 2014, Rakesh Jhunjhunwala has bought 10 million equity shares of Edelweiss Financial for Rs 55 crore.
 "Edelweiss Financial extends rally as Jhunjhunwala buys stake")
Pre-Market: 5 stocks that are likely to be in focus today
Here are five stocks that you need to keep a tab on today
 "Pre-Market: 5 stocks that are likely to be in focus today")
Portfolio managers see good days
Business booms after poll outcome, with jump in investor queries and willingness to allocate more funds
 "Portfolio managers see good days")
IIFL invests in its asset firm
The investment is through the asset manager's holding company IIFL Wealth Management Limited
Market regulator to cut minimum offer size to Rs 400 crore
To increase anchor investor quota for IPOs, rejig pricing method for QIPs
Analysts cheer Infy move to appoint CEO
But wait for clarity on Vishal Sikka's strategies; say return to high growth will be long-drawn
 "Analysts cheer Infy move to appoint CEO")
No proposal to delist any commodity from futures: Ramesh Abhishek
Interview with Chairman, FMC
 "No proposal to delist any commodity from futures: Ramesh Abhishek")
Reliance Infrastructure: More orders hold the key
While concerns pertaining to the power and infra projects are easing, the order book of EPC offers limited visibility
 "Reliance Infrastructure: More orders hold the key")
We'll look for signs of Indian economy being restructured: Benjamin Yeo
Interview with MD & Chief Investment Officer, Asia & Middle East, Barclays
 "We'll look for signs of Indian economy being restructured: Benjamin Yeo")
Today's picks
Nifty, Bank Nifty, Sun Pharma, Bharti Airtel & HDFC
No proposal to hike FII limit in govt bonds: RBI
Deputy governor Khan says RBI wants to revamp inflation index bonds
Rakesh Jhunjhunwala buys 10 million shares in Edelweiss Financial
He purchased shares at a price of Rs 55 a piece on the BSE through block deal, which was worth Rs 55 crore.
Sebi plans to provide discount for retail investors in OFS
Market regulator is considering at least 10% of the shares to be sold through the OFS mechanism to be revered for retail investors
 "Sebi plans to provide discount for retail investors in OFS")
Nifty ends at 7,650; financials, auto shares gain
Government is set to release CPI for the month of May and Index of Industrial Production IIP for the month of April today
 "Nifty ends at 7,650; financials, auto shares gain")
Sensex holds 25,500; Bharti Airtel, Coal India down 3%
Volatility was observed as key benchmark indices alternately swung between positive and negative zone
 "Sensex holds 25,500; Bharti Airtel, Coal India down 3%")
KPR Mill extends rally on expansion plans
The stock has rallied over 15% in past three trading sessions on the Bombay Stock Exchange.
Tata Motors DVR hits lifetime high
The stock has rallied 5% to Rs 313 on the Bombay Stock Exchange.
Edelweiss Financial Services surges after block deals
At 1325 hours, a combined 48 million shares representing nearly 6% of total equity of Edelweiss Financial changed hands on the BSE and NSE.