Fed’s ‘Great Unwinding’ Lifts Dollar, Yields And Bank Stocks

Fed’s ‘Great Unwinding’ Lifts Dollar, Yields And Bank Stocks

London: Signals the Federal Reserve will hike U.S. interest rates again this year and begin the ‘Great Unwinding’ of a decade of aggressive stimulus, drove the dollar to a two-month high versus the yen on Thursday and sent bonds and...
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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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Axis Bank Raises $500 Million From Bonds

Axis Bank Raises $500 Million From Bonds

New Delhi: Private sector Axis Bank on Wednesday said it has raised $500 million from bonds to fund global business. The bank has issued senior fixed rate bonds aggregating to $500 million under the Medium Term Note (MTN) Programme through...
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Trading Calls: Buy Tata Motors, Oriental Bank Of Commerce, Says Expert

Trading Calls: Buy Tata Motors, Oriental Bank Of Commerce, Says Expert

Indian markets achieved a new milestone on Tuesday with the Nifty hitting the historic 10,000 mark for the first time ever and the BSE Sensex rising over 100 points in morning deals. With the Nifty @ 10,000, the index has...
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Federal Bank Launches Rs. 2,000 Crore Share Sale To Institutions

Federal Bank Launches Rs. 2,000 Crore Share Sale To Institutions

Mumbai: Private sector lender Federal Bank Ltd has launched a share sale to raise Rs. 2,000 crore, with an option to increase the amount by Rs. 500 crore, according to a deal term sheet. Federal Bank said in a regulatory...
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Federal Bank Launches Rs. 2,000 Crore Share Sale To Institutions

Federal Bank Launches Rs. 2,000 Crore Share Sale To Institutions

Mumbai: Private sector lender Federal Bank Ltd has launched a share sale to raise Rs. 2,000 crore, with an option to increase the amount by Rs. 500 crore, according to a deal term sheet. Federal Bank said in a regulatory...
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