Stock Market


BSE to add four companies in SLB segment from June 2

May 29 2017

Leading stock exchange BSE will add four companies, including private sector lender RBL Bank and state-owned Nalco in SLB segment from June 2.

Sensex flies to new rarefied zone, Nifty whizzes past 9,600

May 29 2017

Stocks kept the record-breaking touch intact for the third day as the Sensex closed at a fresh life high of 31,109 while the Nifty settled above 9,600 for the first time.

With FMCG stocks fillip, equity markets close at new highs

May 29 2017

After a day of volatile trading, the Indian equity mkts scaled fresh highs on the back of healthy buying in FMCG sector's stocks led by Hindustan Unilever, Dabur and ITC.

Sensex eases from record highs; Reliance Communications hits life low

May 29 2017

Indian shares eased after hitting record highs early as a string of weak quarterly results, including from Sun Pharmaceutical and Reliance Communications, hit sentiment.

European shares off to sluggish start to week, banks weak

May 29 2017

Euro zone shares fell slightly, pulling back further from their highest point in almost two years, dragged lower by financials.

Indian Markets


    34,010.76 286.71   (-0.84 %)

    10,452.30 93.20   (-0.88 %)

Global Markets


Stocks In News


US dollar ends higher against rupee

Mumbai: The US dollar ended sharply higher against the rupee at 64.21/22 per dollar and the pound sterling also finished higher at Rs 90.34/36 per pound at the close of the Interbank Foreign Exchange (forex) market here today.

Following are the Interbank forex and RBI rates: (In Rs per unit) Unit   Interbank   RBI Reference US Dollar  64.21/22  US Dollar  Rs 63.9097 Pound Sterling  90.34/36  Euro       Rs 80.1683 Euro   80.18/20 Japanese Yen (100) 60.50/52



Approves Allotment Of 24.9 Mn Shares On Preferential Basis To 8 Investors

Approves Allotment Of 24.9 Mn Shares At Rs 1,726.05/Share


To invest in Zoomcar India, Zoomcar Inc, U.S.

To invest Rs 176 cr in Zoomcar India

Initial investment in Zoomcar India likely to be completed by Feb 20

Additional investment in Zoomcar India expected to be completed by Aug 31

Co’s stake to increase to 16%


RBI inspection had found diversion of funds within group firms

Funds to the tune of Rs 525 cr given to intermediary borrowing cos

Religare Finvest increased corporate loan book against RBI’s directions

RBI has asked for clarity on rollover of fixed deposits with a bank

Findings suggested continued weakness of internal controls

Economic Times Reports


SC Allows Sale Of Fortis Health Shares Pledged With Lenders

SC allows Axis Bank, Yes Bank to sell, transfer pledged share of Fortis

Earlier, SC had restrained financial institutions from selling pledged shares

Business Standard Reports


Granted European GMP certification from Hungarian regulators for Mfg plant at Goa

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