Benchmark equity indices climbed nearly 1% on Wednesday on buying in HDFC Bank and Reliance Industries. Investors are eyeing the two important events lined up ahead — the interim budget and the U.S. Fed interest rate decision — to derive further cues from. Recovering all the early lost ground, the 30-share BSE Sensex jumped 612.21…
MUMBAI: BSE and NSE will conduct two special trading sessions on Saturday i.e. January 20 to test their preparedness to transition their systems on to disaster recovery sites on a real-time basis. The sessions would be conducted to conform Sebi’s business continuity plans for market infrastructure institutions (MIIs).The first session would be from 9.15am to…
MUMBAI: The sensex and Nifty on Friday hit new life-highs mainly due to investors snapping up leading software stocks.After scaling a new peak at 72,721 points in late trades, the sensex closed at 72,568, up 847 points or 1.2%, with Infosys, one of the technology bellwethers, closing nearly 8% up. On the NSE, Nifty gained…
Muthoot Microfin IPO, with an initial public offering size of Rs 960 crore, witnessed a subscription of 11.52 on the final day, surging from the 2.83 times recorded on Tuesday. According to NSE data, the Rs 960 crore IPO received bids for 28,09,80,216 shares, surpassing the 2,43,87,447 shares offered.The Qualified Institutional Buyers (QIBs) category for…
