Stocks Rise 190pts with Lead In Rupee, Nifty Surge at 11657

Indian stock market indices opened higher on Friday with Nifty trading above 11,650 level.  Indian rupee ascended 9ps at 69.07per USdollar against previous close rate of 69.16. Crude Oil prices fell on Friday with Brent futures dropped 0.4% to USD69.14 a barrel. Read more

Share Market: Nifty Metal index down; Sail, JSW Steel falls near 3pc

Metal shares were trading considerably lower in Monday’s morning session with their sectoral index in the red.  Shares of Steel Authority of India  (down 3.09%), JSW Steel (down 2.55%) and Jindal Steel & Power (down 2.52%) were trading significantly lower  Read more

ICRA downgrade impact on DHFL on stocks

The shares in Dewan Housing Finance Corporation Limited (DHFL) declined substantially  during intraday Tuesday  after the credit rating agency ICRA downgraded the company’s commercial papers to A2+ from A1+ citing its incapability to raise money and generate new business. The Read more