Union Bank Of India Tanks 8pc On Tepid Q4 Results

Share price of Union Bank of India reached an intraday low level to Rs.71, down by over  8-pc after the bank reported March-quarter earnings, which was not upto the mark. The net loss of the bank reportedly widened to Rs.3370-Cr Read more

Stock, Commodity And Currency Markets Today

On Wednesday morning, the Indian rupee opened higher by 15ps at 70.29/US dollar, after closing at 70.44/USD. CrudeOil prices also lowered due to a sudden surge in US stock pile. Brent crude oil futures were at USD70.90/bl, down 0.7pc, against Read more

Nifty50 INDEX

Nifty IT index down 1pc, Nifty PSU Bank up1.5pc

On Tuesday, during mid-market session, The Nifty IT index declined 1.7% led by selling in Tech Mahindra, TCS, Tata Elxsi, Wipro and Infosys. The fall in IT-index could be attributed to an appreciation in the Indian rupee, to some extent, against the greenback Read more