NSE successfully completes operations from disaster recovery site

New Delhi: National Stock Exchange of India (NSE) on Thursday said it has successfully completed live trading and other operations from its disaster recovery site. The exercises were conducted on September 28 and September 29, a press release said. “The successful live operations at a time when the markets were …

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NSE-BSE bulk deals: Max Ventures further offloads stake in Max Financial Services

Mumbai: Among the key bulk deals on Monday, promoter Max Ventures Investment Holdings further cut its stake in Max Financial Services. The promoter also offloaded some stake in Max Healthcare Institute, while Smallcap World Fund lapped up the company’s shares. Of the benchmark indices, Sensex rose 593 points to close …

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Hopes of stimulus ahead of festive season drive markets

Mumbai: Expectations of more stimulus by the government to lift demand ahead of the festive season fuelled a relief rally on Friday. Benchmark indices recouped losses and climbed more than 2%, while buying in global peers improved sentiment among investors. The BSE Sensex ended at 37,388.66, up 835.06 points or …

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Sensex snaps 6-day losing streak, rallies 835 points to reclaim 37k-mark

Snapping its six-day falling streak, equity benchmark Sensex rallied 835 points on Friday to reclaim the 37,000-mark on across-the-board buying amid mixed global cues. The 30-share BSE index ended 835.06 points or 2.28% higher at 37,388.66. Similarly, the NSE Nifty rose 244.70 points or 2.26% to finish at 11,050.25. All …

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Angel Broking IPO subscribed nearly 4 times on final day; retail quote subscribed 4.31x

The initial public offer (IPO) by Angel Broking was subscribed 3.94 times on the final day of the bidding process. As per data available with the NSE, the issue was able to attract bids for 5,42,64,854 shares against the issue size of 2,48,16,050 shares. The issue was subscribed 1.46 times …

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Sensex tanks over 600 points in early trade; Nifty slips below 11,000

All Sensex components were in the red. Equity benchmark Sensex plunged over 600 points in early trade on Thursday, tracking massive sell-off in global stocks amid heavy foreign fund outflow. After sinking 609.63 points, the 30-share index was trading 571.26 points or 1.52% lower at 37,097.16, and the NSE Nifty …

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Likhitha Infrastructure IPO to open on Sep 29. Key things to know before subscribing

An initial public offering (IPO) by Likhitha Infrastructure, a Hyderabad-headquartered oil and gas pipeline infrastructure service provider, is set to hit the primary market on September 29. Shares of the company are proposed to be listed on both BSE and NSE. The public offer will close on October 1. Here’s …

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