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Sensex ends down 74 points after shuttling between 35,722 and 35,518

The S&P BSE Sensex index closed down  points on Monday after shuttling in a narrow range of 35,722 and 35,518 with shares of India’s second-largest private sector lender ICICI Bank emerging as the biggest gainers among all the listed components of the index. A huge volatility was seen in the domestic markets on Monday as India Vix,

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Closing Bell: Stock Market ends with marginal gains

Market ends with marginal gains, Nifty below 10,800; Bharti Airtel, Sun Pharma top gainers. Benchmark indices erased all its morning gains in the final hour of trading as some selling pressure was seen in metal, energy, realty stocks which pulled the Nifty below 10,800. The Sensex was up 39.80 points at 35,483 and the Nifty

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RBI reduces interest rate on unclaimed deposits by 50 bps to 3.5%

Interest rate on unclaimed deposit amount transferred to Depositor Education and Awareness (DEA) fund has been reduced by 50 basis points to 3.5 per cent, the Reserve Bank said today. In June 2014, RBI had specified that the rate of interest payable by banks to the depositors/claimants on the unclaimed interest bearing deposit amount transferred to the

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Sensex rises 243 pts, Nifty tops 10,750; 8 of every 10 smallcaps end higher

Indian equity benchmarks rose for a second straight session riding gains in bank, IT, auto and metal stocks, a day after the RBI increased repo rate and maintained neutral stance. According to analysts, chances of a status quo were greater than a rate hike and it was RBI’s ‘neutral’ stance that did the job. Besides,

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RBI raises repo rate by 25 basis points in first interest rate hike in four-and-a-half years; stance ‘neutral’

The Reserve Bank of India on Wednesday voted unanimously to hike repo rate by 25 basis points, in a first in four-and-a-half years after giving RBI’s MPC began its 3-day meeting on Monday. The six-member MPC, headed by Governor Urjit Patel, is meeting for three days for the first time instead of the usual two days

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RBI Monetary Policy June 2018: Rate-sensitive stocks mostly higher; PNB gains 3%, SBI up 2%; HDFC twins flat

RBI Monetary Policy June 2018: The six-member Monetary Policy Committee of the Reserve Bank of India (RBI) headed by the governor Urjit Patel is all set to announce the outcome of its first three-day policy meeting at around 2:30 pm today, 6 June 2018 (RBI Policy date). According to experts, there are relatively more chances that

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BSE puts Anil Ambani’s R-Naval under ‘additional surveillance measure’, takes tally to 109; check full list

BSE (Bombay Stock Exchange) had placed Anil Ambani’s Reliance Naval and Engineering (R-Naval) and 108 other securities under the ‘additional surveillance measure’ in order to put a check on the price-volume manipulation with effect from today, 5 June 2018. This move came after the exchange’s order on 31 May 2018 which put as many as