We are in a stock picker’s market: Axis Mutual Fund
Managing director and chief executive officer Chandresh Nigam says the current market rally continues to remain narrow as market participants err on the side of caution.
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December 2019
November 2019
October 2019
September 2019
August 2019
July 2019
June 2019
Stock exchanges bar Karvy from trading
BSE, NSE, MCX, and MSEI have suspended the brokerage firm’s trading licence due to non-compliance with SEBI regulations.
98-year-old CSB Bank’s ride to D-Street
The Kerala-based lender’s ₹410-crore IPO opened for subscription on Friday; analysts are betting on a new promoter and strong management for a turnaround from the bank’s dismal performance.
Market veterans say the bull run has begun
The S&P BSE Sensex closed above 40,000 points on Wednesday after nearly five months. It has gained more than 4,190 points in 27 trading sessions since September 19.
IRCTC sizzles on market debut
The state-owned railway ticketing and catering company’s attractively priced IPO is a hit with investors. But will the euphoria continue?
Bears maul Indiabulls on D-Street
Uncertainty over its merger with Lakshmi Vilas Bank and allegations of impropriety against promoters saw Indiabulls Housing Finance stock tank big time.
Govt answers markets’ prayers
With fundamental indicators pointing to a moderation in economic growth, equity markets were looking at the government to intervene. Finally, it has.
Budget fine print drags markets down
Indices see biggest single-day fall in four years in first full trading day after the Union Budget was unveiled. The BSE Sensex closed 907 points lower, while NSE’s Nifty50 slipped 207 points.
Volatility rules the market
The Sensex closes up 66.40 points at 39,112.74, while Nifty 50 ends nearly flat at 11691.45, after volatile trading session.
FPIs bullish on India, pump funds into equities
Foreign portfolio investors have pumped ₹76,052 crore in equity between January and May 2019, making it the second best period in 10 years. On June 3, the Sensex closed above 40,000 in a record high.
