Trend could add to volatility in stock prices, say experts
Warns of legal action if bourse holds its board meeting on Thurs with agenda as stated earlier
While the first quarter was the best in three years for global IPOs, India fared quite badly
A Bank Nifty trend-reversal could trigger a Nifty correction and rupee weakening, which would make IT look attractive again as a hedge
Despite the rise, most PSU banks still trade below their book value
The lenders are struggling to balance their funding needs with profitable growth
Nifty, Bank Nifty, Hindalco & IDFC
Huge inflows came despite the number of FIIs registered in India dipping to 1,710 in this fiscal year
Contract will be available for trading from April 1
Bank intends to utilise the proceeds from the issue 'to augment its capital base in line with its growth strategy"
Capital goods, IT, auto and pharmaceuticals lead gains for the financial year
Sensex was up 46 points at 22,386 and the Nifty added eight points at 6,704
The stock has rallied 3% to Rs 939 on the Bombay Stock Exchange.
The main losers on the Sensex are Dr Reddy's Labs, Tata Power, ONGC, ITC and Wipro.
SAIL,Jindal Steel, JSW Steel, Hindalco Indu, Tata Steel, Hindustan Zinc and Sesa Sterlite are up 2-12% on the BSE.
The company plans to sell shares in its German subsidiary Senvion SE, formerly known as RE Power, report.
The board of directors of the company are schedule to meet on April 3, 2014 to consider issue of bonus shares.
Both the BSE and small-cap indices trading 0.8-1% higher against the benchmark Sensex's 0.2% upmove.