Shares of existing banks lost value on the bourses today amid the RBI issuing guidelines for new bank licences

Stocks of existing banks slump on bourses

Business Standard

The markets may see a gap up opening on account of the positive global cues as President Barack Obama&nbsp; announced a last-minute deal to raise the U.S. borrowing limit and avoid a catastrophic default.The Asian markets are also riding high on this positive global development.

Pre-Market: Markets may see gap-up opening 

Suzlon Energy rallied almost 5% to Rs 54.95 after reporting turnaround results for the first quarter ended June 30, 2011 on back of healthy sales growth in past two years.

Suzlon Energy gains on turnaround Q1 results

&ldquo;The board of directors of the company, at its meeting held on July 30, recommended issuance of bonus shares on existing equity shares in the ratio of one equity share for every two existing equity shares,&quot; the company said in a filing to the stock exchanges.

Kanpur Plastipack rallies on 1:2 bonus issue

Shares of Adani Enterprises made a smart comeback on the bourses today after the company contested the Karnataka Lokayuta report linking its name to illegal mining as &quot;imaginary&quot; and said it was intended to defame the firm.

Adani up 11%, JSW Steel continues to trade lower on bourses

Press Trust of India

The stock, which opened the day on a robust note, spurted by 8.61% to touch an early high of Rs 53.60 on the BSE.

Strong Q1 results lift TVS Motor stock

Foreign institutional investors (FIIs) were net buyers of Rs 86.83 crore (provisional) today, according to data released by BSE.

FIIs net buy Rs 87cr, DIIs net sell Rs 95cr

Market regulator the Securities and Exchange Board of India (Sebi) today proposed new rules for Alternative Investment Funds (AIFs) and other private equity funds, pooling in capital from HNIs and corporates, but suggested keeping retail investors out of their ambit.

Sebi proposes new rules for alternative investment funds

Trades between FIIs generated a volume of Rs 26 crore on the BSE Monday-an decrease of 51.09% from Rs 54 crore clocked on Friday. As many as five stocks witnessed trades of 3.12 lakh shares on Monday.

FII-TO-FII TRADES: UBI traded at 2% premium

Market cap hit on selling pressure after Lokayukta report, SC mining ban in Bellary.

JSW group firms lose Rs 4,800 cr in 3 days

Indian equity indices snapped a four-day losing streak on Monday, after the US government reached a consensus on increasing the country&rsquo;s debt limit. As the US managed to avoid a possible debt default, equities staged a smart rally along with commodities and other asset classes. The rupee also strengthened on expectations of higher dollar inflows on the back of improved global risk appetite.

Markets relieved at end of uncertainty

The Bombay Stock Exchange (BSE) Sensex on Monday snapped its four-session losing streak and rose 117 points to 18,314, in line with global markets, after the US government averted a debt default crisis that had worried investors the world over.

Sensex snaps losing streak, rises 117 pts

The Securities and Exchange Board of India (Sebi) on Monday framed a separate set of regulations for &lsquo;alternative investments&rsquo; now classified as &lsquo;collective investment schemes&rsquo;.

Registration must for alternative investments

Markets are likely to open on a negative note this morning, owing to mixed cues from the Asian peers.

Pre-Market: Negative opening on cards

SKS Microfinance has  been spiralling downwards since the last one week, tumbling 27% to Rs  382 from Rs 522 touched on July 26. The fall can be attributed to the  poor set of first quarter numbers posted by the company.

SKS Microfinance tumbles 27% in one week

Metal and mining stocks have ended lower in the last six straight trading sessions on negative news flows.

Metal index at 52-week low, SAIL at 27-mth low

Ashok Leyland, one of India's leading commercial vehicle maker, has gained 3.5% at RS 26.65, on going ex-bonus today.

Ashok Leyland gains on quoting ex-bonus

Foreign institutional investors (FIIs) were net sellers of Rs 201.68 crore (provisional) today, according to data released by BSE.

FIIs net sell Rs 202cr, DIIs net buy Rs 140cr

The National Stock Exchange (NSE) is likely to launch futures contracts on benchmark US indices -- S&amp;P 500 and Dow Jones Industrial Average (DJIA) -- in the near future, a senior exchange official said today.

NSE to launch futures contracts on S&P 500, DJIA

See long-term opportunity in the Indian markets, hire at the top level for future requirements.

Pvt, foreign banks ramp up equity mkts teams

To prevent unauthorised trading, the Securities and Exchange Board of India (Sebi) on Tuesday asked stock exchanges to send details of transactions in equity cash and derivatives segments to investors through text messages and emails by the end of every trading day.

Investors to get SMS, email alerts from stock exchanges

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