Shares of Coffee Day Enterprises Ltd dropped 20 per cent on Tuesday, eroding Rs 813 crore from its market valuation, after reports surfaced that its Chairman and Managing Director V G Siddhartha has gone missing.
Domestic equity benchmark BSE Sensex dropped nearly 200 points in early trade on Friday amid heavy foreign fund outflow and weak domestic headwinds
Shares of Infosys jumped over 6 per cent on Monday after the IT behemoth posted better-than-expected rise in its June quarter net profit.
Kerala Financial Corporation (KFC) has raised Rs 250 crore from the debt market by issuing non-SLR Bonds of Rs 100 crore. The bonds would have a greenshoe option of Rs 150 crore on private placement basis, a KFC press release said.
After US Fedeal Reserve Chair Jerome Powell gave hints that the central bank may reduce interest rates, share markets all over the world experienced a positive sentiment. Sensex and Nifty rode on the waves as well
The NCLAT Thursday cleared the takeover of Essar Steel by ArcelorMittal after it rejected all objections raised by the shareholders of the debt-ridden company. The National Company Law Appellate Tribunal (NCLAT), however, gave operational creditors equal footing into the proceeds of insolvency auction.
After rebounding over 150 points in opening session, Sensex pared gains to trade marginally higher at 38,969.76 at 0945 hours. Similarly, the broader NSE Nifty was quoting slightly up at 11,678.25.
The scrip was the top gainer among the front-line companies on both key indices during morning trade.
Sensex resumed its record-setting spree. NSE Nifty also settled at a new closing peak on Thursday.
Reliance Industries, ITC and SBI helped in share market recovery on Monday.
Sensex finished on a high note in a volatile week which saw global oil prices soar.
NTPC was the biggest loser in the Sensex pack, tumbling 2.25 per cent, followed by Tata Motors, Hero MotoCorp, Bharti Airtel, PowerGrid, HDFC, Reliance Industries, Coal India and M&M that shed up to 1.85 per cent.
After opening over 250 points down, the 30-share Sensex was trading 166.63 points, or 0.46 per cent, lower at 36,317.70. The index had ended 137.25 points, or 0.38 per cent, at 36,484.33 on Wednesday.
Markets in free fall; Sensex crashes 806 points as selling intensifies on weak rupee
While the BSE Sensex plunged 550.51 points to end at 35,975.63; Nifty slipped150.05 points to end the day at 10,858.25
The scrip of Bank of Baroda dived 16.03 per cent to end at Rs 113.45 on BSE. Shares of Vijaya Bank plunged 5.69 per cent to close at Rs 56.40.
US President Donald Trump predicts stock market crash if he's impeached. Donald Trump could be months away from facing impeachment due to his former lawyer Michael Cohen's guilty plea.
Benchmark Sensex tumbled 206 points to end at 30,365.25 today as investors booked profits in recent gainers amid volatile global cues.
BSE has asked brokers to exercise extra caution and do due diligence while executing trades.
Sensex and Nifty finished at fresh lifetime highs today as sentiment remained upbeat on forecast of a normal monsoon this year.
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