Bank of America Merrill Lynch advocates an equity component of 65 per cent and a fixed income component of 35 per cent in one's
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Mr N. Rangachary has been appointed as Chairman of Central Depository Services (India) Ltd (CDSL), with effect from August 16, said a news release from
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Shares of online travel and hotel booking firm, MakeMyTrip Ltd, were listed on the Nasdaq on Thursday. MakeMyTrip Ltd is the parent company of MakeMyTrip (India) Pvt Ltd and MakeMyTrip.com. The stock jumped 62.68 per cent to $22.775 over the
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In a rather large move for an index heavyweight, the SBI stock closed on Thursday with a 6.93 per cent gain after the bank reported higher than expected earnings growth for the quarter ended June 30,
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The Stock Holding Corporation of India Ltd (SHCIL) will soon extend secondary market services to mutual fund investors for buying and selling mutual fund units through its branches spread across the
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The shares of companies that evinced interest in setting up banks soared on Wednesday — some even reaching all-time highs — as speculators moved in to buy
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Turnover surged to Rs 77,096.85 crore on Tuesday. The Nifty futures closed marginally weak at 5,460.95 against the spot close of 5,460.7. It added 4.8 lakh shares or 1.51 per cent in open
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Investors with short-term perspective can buy the stock of Prism Cement. It is seen from the charts of the stock that since October 2008 low of Rs 13.5, it has been on a long-term uptrend forming rising peaks and troughs. However, following a
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Sensex's dependence on Reliance Industries Ltd (RIL) has been on the wane over the last one
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New York Stock Exchange Euronext (NYSE Euronext) is planning to introduce listed bonds by end of this year to cater to the capital needs of microfinance sector, according to its Executive Vice-President, Mr Ronald
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The Government on Wednesday appointed two more independent directors on the board of Coal India Ltd, thus removing the last hurdle faced by the public sector coal major in seeking regulatory approval for the proposed Rs 12,000-crore (around $2.5
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The initial public offering of Bajaj Corp, which closed for qualified institutional buyers on Wednesday, was subscribed a total of 10.53 times. The issue received bids for 3.8 crore shares against the 45 lakh shares on
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Even as most other sectors struggled to deliver growth, cement is one which saw companies report sharp profit declines in the June quarter. The high base of last year together with dip in realisations saw both sales and profit numbers slide for
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The auto industry has been riding high on the back of a demand revival since the slowdown of
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The stock market regulator, SEBI, had recently allowed stock exchanges to offer a combination of physical and cash settlements in stock futures and
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