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Global Markets, Dollar Rally As North Korea Blinks

Asian shares rallied and the dollar firmed on Tuesday after North Korea’s leader signalled that he would delay plans to fire a missile near Guam, easing tensions and prompting investors to move back into beaten-down riskier assets. MSCI’s broadest index...
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Sensex Rebounds 235 Points, DLF Surges 16%

The BSE Sensex and Nifty rebounded sharply on Monday, snapping a five-session selloff. The Sensex ended 235 points higher at 31,449 while Nifty settled at 9,794, up 83 points. Midcap and smallcap stocks which had seen sharper losses in the...
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Cipla Shares Surge Over 6% On Strong Q1 Earnings

Cipla Shares Surge Over 6% On Strong Q1 Earnings

New Delhi: Shares of drug major Cipla today rose over 6 per cent after the company reported 23.63 per cent rise in consolidated net profit for the first quarter ended June 30. After opening the trade on a positive note,...
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Sensex Surges Nearly 300 Points As Bank, Metal Stocks Rebound

Sensex Surges Nearly 300 Points As Bank, Metal Stocks Rebound

The BSE Sensex and Nifty rebounded sharply on Monday as metal and heavy-weight banking stocks witnessed buying. A weak U.S. inflation data, which dampened prospects of a rate hike this year, lifted sentiments leading to buying in most of the...
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HPCL Share Sale: PwC, 4 Others In Race To Become Transaction Adviser, Says Report

HPCL Share Sale: PwC, 4 Others In Race To Become Transaction Adviser, Says Report

New Delhi: PwC, JM Financial and ICICI Securities are among the five consultants vying to become transaction adviser to the government’s over Rs. 33,000 crore stake sale in Hindustan Petroleum Corporation Limited (HPCL) to Oil and Natural Gas Corpora...
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Reliance Industries, SBI, 7 Other Firms Shed Rs. 1,05,357 Crore Market Value In A Week

Reliance Industries, SBI, 7 Other Firms Shed Rs. 1,05,357 Crore Market Value In A Week

New Delhi: The combined market valuation of nine of the top 10 most valued Indian companies plummeted by Rs. 1,05,357 crore in the week that ended on August 11, 2017, with Reliance Industries (RIL) and State Bank of India (SBI)...
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