Key benchmark indices seen strong on Wednesday morning, with the Nifty Bank index continue gains at a record high. The BSE Sensex stood up over 151 points at 38,384 levels while the Nifty50 gained over 36points to trade around 11,520-levels. Among sectoral indices, the Nifty Banking Read more
Vodafone Idea limited on Wednesday approved Rs25,000-crore right issue at a sharp discount. The company set its issue price at Rs12.50 apiece, Rs2.50 premium over face value of Rs10. Share holders will be able to buy 87 shares for every 38 shares held Read more
Axis Bank share price touched its new 52-week high level of Rs767 apiece on NSE and Rs766.70 on BSE on Wednesday morning after the management stated it is aiming on delivering 18% return-on-equity over 3 years. Various brokerages have revised Read more
Shares of Reliance Communications Limited (RCom) surged 10% to Rs4.40 per share on Tuesday after its chairman Anil Ambani settled Rs580 crore dues to Swedish equipment maker Ericsson, Last month, the Supreme Court has observed a willful default in payments Read more
The Stock in following companies, among others, which will be looked out during trade today based on latest developments: Endurance Technologies, Wipro and Quick Heal. Endurance Technologies Limited: The company’s promoter said it will sell 63.6 lakh equity shares or Read more
Shares of the leading housing finance company Dewan Housing Finance Corporation Ltd (DHFL) surged on Monday over 7 percent intraday on reports that the company is planning to sell 10% stake to Baring India, Hero Fincorp and Bain Capital for Read more
