More recently in 2008, a series of coordinated attacks in Mumbai shook the city between November 26 till November 28. The stock exchanges, as a result was closed for trading on November 27
HDFC Bank slipped over 1 per cent to Rs 882 after global brokerage house Bernstein downgraded the stock to 'unerperform' and sharply slashed the target price to Rs 750 from Rs 1,400 earlier
Adani Ports arm has raised Rs 125 crore today by allotment of 1,250 rated, listed, secured, redeemable, non-convertible debentures (NCDs) of the face value of Rs 10,00,000 each
Shares of Ashoka Buildcon were trading at Rs 54.65 apiece on the BSE, up 3.21% over the previous close.
The brokerage lowered the bank's rating to 'underperform' from 'market-perform' earlier, and lowered target price to Rs 750, from Rs 1,400
The Rupee's trajectory will also remain a big focus in today's session after plunging 84 paise to a new record low of 75.10 against the dollar on Thursday
The Reserve Bank of India has decided to conduct open market operations on March 20 in the form of purchase of an aggregate amount of Rs 10,000 crore of government securities.
Morgan Stanley expects global growth to fall to 0.9 per cent in such a scenario, while Goldman Sachs predicts weakening of growth to 1.25 per cent
In two days, investors have lost Rs 9,74,176.71 crore wealth. At close of trade on Tuesday, the market capitalisation of BSE-listed companies was at Rs 1,19,52,066.11 crore.
Crisis-hit Yes Bank will get excluded from all indices of the leading stock exchange BSE with effect from March 20, the entity handling these indices said on Monday. In a circular sent to all its members, the BSE said the BSE S&P Index Committee has decided to remove Yes Bank from all the S&P BSE indices with effect from this Friday, March 20. The decision has been taken in light of the recent developments relating to Yes Bank Limited, in particular the Gazette notification dated March 13, 2020, on 'Yes Bank Limited Reconstruction Scheme, 2020' and the potential impact on the ability of market participants to fully replicate S&P BSE Indices, it added. "Effective at the open of Friday, March 20, 2020, Yes Bank Limited will be removed from all S&P BSE indices," it said. These indices include S&P BSE AllCap, S&P BSE LargeCap, S&P BSE LargeMidCap, S&P BSE Finance, S&P BSE BANKEX, S&P BSE CARBONEX and S&P BSE Private Banks Index (INR). These ...
The Reserve Bank of India's decision to leave interest rates unchanged for now will also impact sentiment
According to a Business Standard report, the Securities and Exchange Board of India is working on a plan to arrest the deep market sell-off and reduce volatility
Trading was halted for 45 minutes in early session after the index hit its lower circuit limit.
The government on Friday extended the deadline for submitting bids for buying 100 per cent stake in Air India till April 30. The deadline was originally set at March 17
We need to learn from China and ban short-selling. This would reduce the speculative hammering of the stocks and thereby help in stabilising the markets.
The NCDs are proposed to be listed on the wholesale debt market segment of the BSE
Given this scenario, the market correction is unprecedented as data points did not suggest this kind of mayhem
The Nifty50 breached 8,800 levels for the first time since February 2017, a 3-year low. The S&P BSE Sensex plunged more than 3,000 points to hit a three-year low on Friday
The State Bank of India yesterday said it would infuse Rs 7,250 crore into ailing YES Bank to pick up to 49 per cent equity as part of the Reserve Bank of India-mandated bailout plan
Sensex tumbles 2,919 points, biggest-ever in absolute terms. Over Rs 11 trillion worth of investor wealth wiped out. Global stock rout deepens amid growth concerns