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Sensex up 132 points as stocks surge higher in early trade; SBI gains over 3%
Stocks surged higher in early trades on the Indian bourses this morning with investors indulging in some brisk buying in several blue chip stocks from across various sectors. Though cues from the U.S. and European markets are weak, a slightly positive trend in Asian markets appears to be aiding sentiment. The Sensex, which opened modestly higher at 16,187.66, has now rallied to 16,284.80, recording
Stocks surged higher in early trades on the Indian bourses this morning with investors indulging in some brisk buying in several blue chip stocks from across various sectors. Though cues from the U.S. and European markets are weak, a slightly positive trend in Asian markets appears to be aiding sentiment. The Sensex, which opened modestly higher at 16,187.66, has now rallied to 16,284.80, recording
BofA-ML's Indian wealth management unit on sale
Bank of America Merrill Lynch (BofA-ML) has put its Indian wealth management unit on sale, along with its other non-US wealth management businesses, according to persons familiar with the matter.
Bank of America Merrill Lynch (BofA-ML) has put its Indian wealth management unit on sale, along with its other non-US wealth management businesses, according to persons familiar with the matter.
Top pvt life insurers shut 1,500 branches in 2 years
With “profitable growth” replacing “expansion drive” as the buzzword in the sector, the country’s top private life insurers have significantly reduced branches and
AUM growth drives Manappuram FY12 profit
Manappuram Finance Ltd, the Kerala-based gold loan non-banking financial company, reported a net profit of Rs 591.5 crore for FY12, compared to Rs 282.7 crore in the previous year, registering a
It's the currency, stupid!
The seed of the January-February rally that saw the Nifty surge 1,102 points from the low of 4,531 on December 20, 2011 to 5,629 on February 22, 2012, was sown by the assumption that the Congress
The seed of the January-February rally that saw the Nifty surge 1,102 points from the low of 4,531 on December 20, 2011 to 5,629 on February 22, 2012, was sown by the assumption that the Congress
M-cap of 7 cos down by Rs 27,649 cr, CIL takes biggest hit
Amid a weak stock market, seven of top 10 Sensex companies lost Rs 27,649 crore in their combined market valuations with Coal India taking the biggest hit of Rs 7,138 crore last week. State-owned
Amid a weak stock market, seven of top 10 Sensex companies lost Rs 27,649 crore in their combined market valuations with Coal India taking the biggest hit of Rs 7,138 crore last week. State-owned
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