State-run construction company Ircon International Ltd’s initial public offering (IPO) to raise 4.70 billion rupees ($64.80 million) was subscribed nearly 10 times on the final day of sale on Wednesday.
Leading stock exchanges BSE and NSE have received markets regulator Sebi's approval to launch commodity derivatives segment from October 1.
U.S. stock markets headed for a flat open on Wednesday, holding just off three-week highs after brushing aside the latest blows in Washington and Beijing’s trade war.
Global equities rallied for a second straight day on Wednesday while safe-haven assets such as U.S. bonds and the Japanese yen slipped to multi-week lows as investors bet the escalating U.S.-China trade spat would inflict less damage than feared.
As the market rout continued for the third straight session, investor wealth eroded by Rs 3.62 lakh crore in three trading days.
Stocks spiralled lower for the third straight session as wary investors pared their portfolios even as the rupee staged a recovery and global equities shrugged off the US-China trade tensions.
Leading stock exchange BSE Wednesday said it has received markets regulator Sebi's approval to launch commodity derivatives segment from October 1 and to start with, it will focus on non-agriculture commodities like metals.
Benchmark Sensex extended losses for the third straight session Wednesday, falling 169 points to end at a near two-month low of 37,121.22 as cautious investors pared their portfolios, ignoring positive global cues and recovery in rupee.
Weak global cues on the back of escalation in trade tensions subdued equity indices during the afternoon trade session.