Markets

UCO Bank shares zoom 15% after Rs 3,074 crore equity infusion from govt.

The government has announced a Rs 65,000 crore package for recapitalising public sector banks in the country during 2018-19. As much as Rs 23,000 crore has been disbursed so far.

Jan 1, 2019

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After a rough 2018, how will Indian stock markets perform in 2019?

As the year draws to a close, some of the latent strengths of the market are manifest. With more than $2 trillion in market capitalisation the Indian markets retains its place among the top 7 in the world.

Dec 31, 2018

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Gold set for first annual decline in three years

Gold fell on Monday as equities gained on likely progress in Sino-U.S. trade standoff, amid bullion prices heading for their first annual decline since 2015, losing to the dollar mostly on trade worries and rising interest rates.

Dec 31, 2018

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Kotak Mahindra Bank shareholders on edge as promoter equity deadline looms

With the promoters refusing to yield the bank is running the risk of coming under RBI action similar to what Bandhan Bank underwent in September

Dec 29, 2018

HDFC Group vs Tata Group: Ultimate race to become India's largest conglomerate

After giving lead to HDFC Group on Wednesday, Tatas regained dominance on Thursday with the highest market cap.

Dec 27, 2018

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Gold surges across Asia as bears dominate equities

Traders seek out safe haven over US worries setting bullion on course for biggest monthly advance since August last year.

Dec 26, 2018

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Gold holds near six-month peak on weak risk appetite

Gold prices inched lower on Wednesday as the dollar firmed but hovered near a six-month high, supported by political instability in the United States and concerns about a global economic slowdown.

Dec 26, 2018

Nifty, Sensex slip on global cues; financials drag

Indian shares edged lower on Monday, in line with broader Asian markets, as political uncertainties in the U.S. and slow global economic growth dampened investor risk appetite.

Dec 24, 2018

Gold rises as investors shy away from risk amid US political uncertainty

Gold prices climbed on Monday, with investor appetite for risk curbed by worries over a partial US government shutdown, Sino-US trade tensions and faltering global economic growth.

Dec 24, 2018

Key Indian equity indices open in green

The Sensitive Index (Sensex) of the BSE, which had closed at 35,742.07 on December 21, opened higher at 35,859.66 points.

Dec 24, 2018

Global cues, derivatives expiry to chart stock market's course

Globally, concerns over a slowdown in international growth and the ongoing partial US government shutdown are expected to be major themes during the truncated weekly trade.

Dec 23, 2018

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Third straight rout end worst weak for Dow, Nasdaq since 2008 crisis

The Nasdaq and Dow suffered their worst weeks since the start of the global financial crisis as the US-China trade dispute returning to the forefront, and amid continued concerns about the Federal Reserve's plans for interest rate increases.

Dec 22, 2018

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India only destination to register a growth in smartphone sales in future: Report

The sales of the smartphones are likely to grow 12% to 150 million in 2018 as against 134 million in 2017.

Dec 22, 2018

Traders on warpath against commodities exchanges timing revision, risk fee hike

Protest action spreading to more agricultural wholesale markets outside Rajasthan and Gujarat as extended hours set to take effect from Monday

Dec 22, 2018

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Sensex cracks over 400 pts, Nifty drops below 10,900 amid negative global cues

Negative global cues amid fears of a potential US government shutdown and rising tension between the US and China, too, weighed on investor sentiment.

Dec 21, 2018