Friday, September 20, 2019, 12:21 PM
Silver prices fell by Rs 163 to Rs 46,443 per kg in futures trade on Friday as participants reduced their bets on low demand at the spot market even as the metal gained overseas. On Multi Commodity Exchange, silver for delivery in December was trading lower by Rs 163, or 0.35 percent, to Rs 46,443 per kg in a business turnover of 2,840 lots.
Friday, September 20, 2019, 12:12 PM
Indian equity benchmark Sensex surged nearly 1,700 points (4.6%) on Friday after Finance Minister Nirmala Sitharaman announced a corporate tax reduction to 22% if the companies don't avail any exemptions. The effective tax rate for these companies will be at 25.17% inclusive of all surcharge and cesses. Revenue foregone from measures announced today will be Rs.1.45 lakh crore per annum.
Wednesday, September 11, 2019, 8:11 AM
Smallcap and midcap indices of the BSE have tumbled up to 15.42% so far this fiscal, taking bigger hit when compared to their blue-chip peers. An analysis of the performance of the three indices shows that the S&P BSE smallcap index has dropped 2,317.4 points or 15.42% so far this fiscal and midcap index has tanked 1,985 points or 12.82%.
Friday, September 6, 2019, 4:57 PM
The S&P BSE Sensex and NSE Nifty 50 indexes staged a sharp upmove in today's session led by gains in metal, auto and banking shares. The S&P BSE Sensex closed 337.35 points, or 0.92 percent, higher at 36,981.77 while the NSE Nifty settled at 10,946.20, up 98.30 points from the previous close.
Thursday, September 5, 2019, 3:55 PM
The S&P BSE Sensex and NSE Nifty 50 indices ended on a subdued note on Thursday owing to selling pressure in banking and financial services shares. However, the losses were capped as auto, metal and oil & gas shares witnessed buying interest. The Sensex ended 80 points lower at 36,644 and the Nifty 50 index rose 3 points to close at 10,848.
Monday, September 2, 2019, 11:33 AM
The NSE and BSE will remain closed for trading on September-2, 2019 on account of Ganesh Chaturthi. Wholesale-commodity-markets, including metal and bullion, too will remain closed for trade. There will be no-trading activity in forex and commodity futures markets as well. The benchmark indices, on August-31, ended the volatile-session of first-day of the September F&O series on the higher-note with Nifty finished above 11,000-mark.
Saturday, August 31, 2019, 7:26 PM
Private sector lender Yes Bank said India Ratings and Research (Ind-Ra) has downgraded its long-term issuer rating to 'IND A+'. "India Ratings and Research has downgraded Yes Bank Ltd's long-term issuer rating to 'IND A+' from 'IND AA-," the bank said in a BSE filing. "The outlook is negative. The agency has affirmed the bank's short-term issuer rating at 'IND A1+'," it added.
Friday, August 30, 2019, 12:52 PM
Ratings agency ICRA, has announced that the employment of its Managing Director and Group CEO Naresh Takkar has been terminated, effective immediately. According to a release filed with the exchanges, the company's board of directors also stated that they will commence a search for a replacement. No reason was mentioned for the termination of Takkar's employment.
Wednesday, August 28, 2019, 8:51 PM
After three successive sessions of gains, shares of DHFL tumbled 5% on BSE on August 28, day after the company said it defaulted to the tune of Rs 14.13 crore towards interest payments on bonds. An interest payment default of Rs 9.42 crore occurred on secured NCDs (5-year tenure) and of Rs 4.71 crore on 10-year NCDs, the company said in a regulatory filing.
Wednesday, August 21, 2019, 4:12 PM
The S&P BSE Sensex and NSE Nifty 50 Indexes declined for second straight day led by losses in HDFC, ITC, Larsen & Toubro, ICICI Bank and SBI. The Sensex fell as over 300-points and the Nifty 50 Index plunged below 10,950. The Sensex ended 268-points or 0.7% to close at 37,060 and the NSE Nifty 50 Index dropped 0.9% or 98 points to 10,919.
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