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Ujjivan Small Finance Bank lists at 57% premium to issue price

Mumbai, Dec. 12 -- Shares of Ujjivan Small Finance Bank made a bumper debut in the stock markets on Thursday, listing at Rs.58 on the BSE, a 56.76% premium to its issue price of Rs.37. At 10.01 am, t... Read More


Rupee up, traders await Fed rates decision

Mumbai, Dec. 11 -- The Indian rupee was trading marginally higher ahead of the outcome of the US Federal Reserve meeting, due later on Wednesday. The domestic currency touched a fresh one-month high a... Read More


Ten years bond hits 3-month low as S&P warns rating cut

New Delhi, Dec. 11 -- Government 10-year bond prices on Wednesday extended its decline and hit nearly three month low after global rating agency S&P warned that it may lower India's ratings if economi... Read More


Adani to sell 25.1% in Mumbai power distribution biz to Qatar Investment Authority

Mumbai, Dec. 11 -- Adani Transmission Ltd on Wednesday said it will sell 25.1% stake in its arm Adani Electricity Mumbai Ltd (AEML) to Qatar Investment Authority for around Rs.3,200 crore. "Adani Tra... Read More


Yes Bank slips 12% as board delays decision on new investors

New Delhi, Dec. 11 -- Shares of Yes Bank Ltd on Wednesday fell 12% to hit an eight-week low after two large brokerages to raise questions about the future of the lender after its board further delayed... Read More


Rupee strengthens past 71-mark on foreign fund inflows

Mumbai, Dec. 10 -- The Indian rupee on Tuesday hit an over one-month high against the US dollar, slipping below the 71 mark for the first time since 7 November, amid foreign fund inflows. The rupee ha... Read More


Indian equities subdued on losses in banking stocks; traders cautious

New Delhi, Dec. 9 -- Indian equities were under pressure in early deals on Monday led by losses in banking stocks. Investors exercised caution ahead of key macro economics data releases, due this week... Read More


Rupee trades flat against US dollar as traders await macro economics data release

New Delhi, Dec. 9 -- The Indian rupee traded little changed against the US dollar on Monday as traders await key macro economics data releases, due this week, and a fast approaching US-China tariff de... Read More


Sensex, Nifty end flat amid choppy trade

New Delhi, Dec. 9 -- Indian equity markets on Monday closed flat amid volatile trade with investors awaiting key macro economic data releases, due this week, and fresh development on US-China trade de... Read More


Sensex, Nifty fall 0.5% dragged down by banking, auto stocks

Mumbai, Dec. 6 -- Indian equity markets were down nearly 0.5% on Friday dragged down by fall in banking and auto stocks. Sentiment was weak as many analysts expect the Reserve Bank of India to cut rat... Read More