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Khemani Distributors & Marketing is coming out with an initial public offering (IPO) of 15,84,000 equity shares of face value of Rs 10 each for cash at a fixed price of Rs 100 per equity share. The issue will open on March 16, 2016 and will close on March 18, 2016. The shares will be listed on...

The S&P BSE Sensex fell about 400 points in intraday trade on Tuesday, breaking below 27,000. Bank Nifty is down below its 200-DMA. Adani Enterprises dropped 80% today as the company hived off its port and power businesses and merged them with Adani Ports, Adani Power. Investors might not have...

Infosys, NTPC, Tata Motors, Sun Pharma and Wipro are top gainers in the Sensex. Among the losers are GAIL, Vedanta, BHEL, Lupin and Axis Bank. The market has opened flat on a fresh start of July F&O series today. The Sensex is up 0.03 points at 27896.00, and the Nifty is down 4.05 points at...

The Reserve Bank of India (RBI) would like to gradually allow the rupee to depreciate, so any move towards 64.25/dollar will not be resisted. We expect the RBI to support the dollar, says Ashutosh Khajuria of Federal Bank. The Indian rupee gained in the early trade on Thursday. It has opened...

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Asian equity markets declined on Thursday, snapping a four-day winning streak, following a tepid handover from Wall Street and as investors focused on regional earnings reports. China’s Shanghai Composite was down 2.14 points at 2107.82. Hong Kong’s Hang Seng shed 55.28 points at 22230.51...

The S&P 500 closed flat on Wednesday, with a four-day rally in the index just barely coming to an end after Procter & Gamble cut its outlook, though some positive earnings limited the decline and eased concerns that valuations had become stretched. The Dow Jones industrial average slipped 30.83...

The market opened in green territory with the Nifty still struggling below 6100. The Sensex is up 27.72 points at 20476.21, and the Nifty is up 3.55 points at 6087.55. About 189 shares have advanced, 75 shares declined, and 16 shares are unchanged.

The Indian rupee gained in the early trade. It opened higher by 13 paise at 62.15 per dollar versus 62.28 Friday.

Asian stock markets were mostly higher on Monday following last week's rally on Wall Street, as investors brushed off a worse-than-expected US jobs report. China's Shanghai Composite added 1.01 percent or 20.59 points at 2,065.09. Hong Kong's Hang Seng was flat at 21,646.65. Japan's Nikkei...

Indian ADRs ended higher on Friday. In the banking space, ICICI Bank jumped 0.31 percent at USD 32.10 and HDFC Bank rose 0.34 percent at USD 32.30. In the IT space, Wipro added 1.34 percent at USD 12.85 and Infosys gained 0.26 percent at USD 57.67. In the other sectors, Dr Reddy's...

Indian rupee opened on a flat note at 62.69 per dollar on Monday as against Friday’s closing value of 62.66 a dollar.

Asian equities kicked off February on weak footing after data released over the weekend showed Chinese factory growth slumped to a six-month low in January. But trading volumes were light with several Asian markets, including Shanghai and Hong Kong, on holiday for the Lunar New Year. Japan’s...

The market has opened on a weak note. The Sensex is down 86.65 points at 20427.20, and the Nifty is down 24.85 points at 6064.65.

Tata Power Co Ltd said it had agreed to sell its 30 percent stake in coal mining firm PT Arutmin Indonesia to Indonesia’s Bakrie Group for $500 million. Tata Power, part of India’s largest conglomerate the Tata Group, said the sale would go to increase its cash flow and reduce its consolidated...

The Dow and the S&P 500 to their worst monthly performances since May 2012 have not gone away. The retreat from emerging markets – and stocks in general – appears to have more room to run as the factors that helped propel the market to record highs in mid-January aren’t providing enough support...

Nifty 6500 Call shed 3.2 lakh shares in Open Interest on January 24 Nifty 6200 Put shed 11.7 lakh shares in Open Interest Nifty 6300 Call added 5 lakh shares in Open Interest Nifty 6350 Call added 3 lakh shares in Open Interest Nifty 6250 Call added 2 lakh shares in Open Interest Nifty 6300...