Markets

IPO alert: Newgen Software IPO to open on Jan 16; price band at Rs 240-245

Newgen Software Technologies will launch its IPO on January 16. The price band is fixed at Rs. 240-245 per share.

Jan 9, 2018

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Market boom in the time of economic gloom: What are the dynamics?

If the second quarter growth rate was a straw in the wind, the economy should have been on track to hit a growth rate of above 7 percent.

Jan 8, 2018

Sensex all-time high, Nifty breaches 10,600 despite tepid GDP forecast

Nifty 50 index crossed the 10,600 level for the first time, propelled by the gains in pharma and banking stocks, while Sensex is hovering around 34,355 levels.

Jan 8, 2018

IPOs in 2018: These firms are gearing up with public offerings this year

As many initial public offers hit the Indian stock market in 2017, it is expected that more IPOs will come to the market in 2018 also.

Jan 5, 2018

SBI cuts base rate to 8.65% to benefit retail borrowers

With this reduction from the earlier base rate of 8.95 percent, SBI's base rate has become the lowest among commercial banks, coming as a relief to its many retail borrowers, particularly of home and student loans.

Jan 1, 2018

Top stocks picked by brokerages for 2018

Many market analysts hope that 2018 too will witness a bull run while some are sceptic about market future amid uncertainties in India's micro-economic conditions.

Jan 1, 2018

Govt cautions on investing in Bitcoin, says virtual currencies are like ponzi schemes

The Union finance ministry stated that there is a real and heightened risk of investment bubble of the type seen in ponzi schemes.

Dec 29, 2017

Sensex tops 34,000, Nifty at all time high of 10,500

The rupee opened at 64.03 a dollar and was trading at 64.02 a dollar, up 0.03 percent from its Friday's close of 64.06.

Dec 26, 2017

Top 5 Nifty outperforming stocks in 2017

Shares of 33 of the 50 Nifty companies beat analyst forecasts made at the start of the year, the highest since 2014.

Dec 22, 2017

2G scam verdict: Shares of Unitech, DB Realty, Sun TV spurt up to 20%

CBI judge OP Saini said that the prosecution has failed to prove the charges against the accused.

Dec 21, 2017

A Bitcoin.com co-founder has sold all of his bitcoin, and the reason he cites is serious

A bitcoin believer no longer believes it to be the future. Is the cryptocurrency's dream run nearing an end?

Dec 19, 2017

Bitcoin predicted to hit $300,000 to $400,000 as exchange giant CME launches futures

CME's entry into the bitcoin market is expected to push the digital currency's price higher.

Dec 18, 2017

Market recovers: Sensex closes 138 points up, Nifty secure gains as BJP win in Gujarat and Himachal Pradesh

Market analysts have earlier said that a big win for BJP in the Gujarat election will push the market rally further so much so that Nifty 50 could reach 10,800 level.

Dec 18, 2017

Nifty over 10,300 points, Sensex crosses 33,500 as exit polls predict BJP win in Gujarat, Himachal Pradesh

Gujarat-based companies' shares surged on Friday as — Adani Ports gained 2.4 percent, Adani Transmission 3.6 percent, Gujarat Narmada Valley Fertilizers rose 3.1 percent.

Dec 15, 2017

I-T dept conducts surveys at Bitcoin exchanges across India

Last week, the Reserve Bank of India (RBI) had warned public that it has not given any licence to anyone to operate such virtual currencies.

Dec 13, 2017

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