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IDFC gets owners’ nod for ₹2,000-cr issue, but will not rush to the market

Beena Parmar

IDFC may not look at raising capital despite the shareholders approval for an enabling resol... »

Snowman IPO evokes strong retail interest

Snowman Logistics IPO has received bids for 9.23 crore shares. According to the BSE, the retail portion has already been oversubscribed 9.1 times.

Our Bureau

The initial public offering of Snowman Logistics was subscribed 2.84 times on the second day, th... »

Member margins to be used first

Our Bureau

SEBI’s risk management review committee has prescribed the default waterfall — the order... »

Subros (₹50)

Yoganand D, BL Research Bureau

Subros has been on a short-term uptrend since taking support at ₹40 last week. On Wednesd... »  

Systemic risk: regulator sets in motion norms for settlement guarantee fund

Our Bureau

SEBI has prescribed norms to set up a core settlement guarantee fund (SGF) with contribut... »

Markets

Sensex, Nifty hit new peaks on Eurozone stimulus hopes, US data

PTI

Indian stocks rose for the fifth day with the benchmark Sensex today vaulting 117.34 points to a... »

Markets

What to Watch

Railway stocks to gain traction

Titagarh Wagons, Texmaco Rail and Engineering, Kalindee Rail Nirman and Kernex Systems w... »

Markets

Canara Bank board opts for 5:1 stock split

Our Bureaus

The board of directors of Canara Bank on August 26 has granted in-principle approval for the sub... »

Markets

FTIL exits MCX by selling 5% stake for over Rs 200 cr

PTI

Financial Technologies (FTIL) today exited country’s largest commodity exchange MCX by selling i... »

Markets

Asian equities receive $3 bn in Aug; India corners $700 mn: HSBC

PTI

Foreign institutional investors reduced the pace of funds flow into Asia in August, but India is... »

Markets

Company News

IL&FS Transportation Networks on Wednesday said Srinagar Sonmarg Tunnelway, its 49:51... »

Systemic risk: regulator sets in motion norms for settlement guarantee fund

Our Bureau

SEBI has prescribed norms to set up a core settlement guarantee fund (SGF) with contributions from clearing corporations (CCs), stock exchanges (SEs) and clearing members (CMs). The fund wo... »

FTIL sells entire stake in MCX

Our Bureau

Financial Technologies has offloaded a 5 per cent stake in MCX, thus completing the divestment of all its equity in the country’s largest commodity exchange. FTIL, which was earlier decl... »

Subros (₹50)

Yoganand D, BL Research Bureau

Subros has been on a short-term uptrend since taking support at ₹40 last week. On Wednesday, the stock advanced 5 per cent, backed by extraordinary volumes. The stock breached an immediate... »  

Broker's Call - Bata India

Bonanza PortfolioBata India (Accumulate)CMP: ₹1259.80Target: ₹1380-1400Bata India is the largest retailer and leading manufacturer of footwear in India and is a p... »

Hybrid turmeric gains colour on better demand

Our Correspondent

Hybrid turmeric prices improved on Wednesday following good demand. “On Wednesday, more than 500 bags of quality hybrid finger variety turmeric arrived for sale. The commodity fetched incre... »

Coconut oil slips on poor demand

Our Correspondent

The price of coconut oil which was at its in peak, fell on Wednesday. “The sale of coconut oil in Erode, Kangeyam and some other places in the country has fallen due to speculative... »

Stockists stay away from sugar trade

Our Correspondent

Sugar prices were steady on Wednesday on routine demand amid ample supply. On the Vashi market, barring M-grade which rose by ₹10 a quintal, prices remained stable. Naka lev... »

Refineries slash palm oil rates

Our Correspondent

Activities improved in edible oils market on Wednesday on renewed local demand ahead of the festival starting from Friday. However, prices remain steady to slightly weak in Mumbai as local... »

FTIL exits MCX by selling 5% stake for over Rs 200 cr

PTI

Financial Technologies (FTIL) today exited country’s largest commodity exchange MCX by selling its residual 5 per cent stake in the bourse, it had originally promoted, for over Rs 200 crore.»

Spices Board to award license for cardamom auction

Our Bureau

Spices Board has initiated steps to award license for conducting auction for cardamom for the block years 2014-17. The Board has invited expressions of interest from prospective entrepreneurs/auct... »

Currency midday update for Aug 27

Asian equities receive $3 bn in Aug; India corners $700 mn: HSBC

Crude oil futures up on overseas cues

ONGC extends gains to 2.6% on BSE

Gold rates

Rupee ends flat at 60.45

Sensex, Nifty hit new peaks on Eurozone stimulus hopes, US data

Broker's call

EID-Parry India (₹213.7)

NSEL pays ₹44 crore as final settlement to e-silver investors

Our Bureau

The National Spot Exchange, which is struggling to settle ₹5,600 crore trade executed on its platform, has made ₹43.89 crore as final settlement for investors in electronic silver (e-silver... »

All about: Palladium

Company News

IL&FS Transportation Networks on Wednesday said Srinagar Sonmarg Tunnelway, its 49:51 joint venture with Soma Enterprises, has tied up with ICICI Bank for ₹2,363 crore loans. The total... »
What to Watch

Railway stocks to gain traction

Titagarh Wagons, Texmaco Rail and Engineering, Kalindee Rail Nirman and Kernex Systems will remain in focus as the Centre has notified the Cabinet’s decision to allow up to 100 per cent FD... »

No buyers for pepper

GK Nair

Pepper markets continued to experience dullness in the absence of buyers and sellers. There were neither any arrivals nor any offtake on the spot market. Imported pepper is being t... »

Pulses see mixed trends

Our Correspondent

In the last week, tur prices have almost declined by ₹200 with prices in Maharashtra) on Wednesday being quoted at ₹5,250 a quintal, while in Madhya Pradesh prices declined to ₹4,6... »

MCX-copper could trade sideways

Gurumurthy K, BL Research Bureau

The copper futures contract traded on the Multi Commodity Exchange (MCX) reversed higher, and is up by over 2 per cent in the past week, contrary to expectations of a fall. Positive US hous... »

Why FCI can’t assess its actual stock

Shyamal Gupta

On paper, the FCI (Food Corporation of India) is said to be holding around 67 million tonnes (mt) of stocks in its warehouse. However, no one knows how much of it exists in reality - physically... »

TV Today Network, NDTV shares jump

PTI

Shares of companies in broadcasting business such as TV Today Network and NDTV rallied up to 20 per cent in an overall strong stock market o Wednesday.Stocks of TV Today Network surged 19.9... »

UCO Bank falls on reports of a forensic audit

Radhika Merwin, BL Research Bureau

The stock of state-owned UCO Bank is down 8 per cent today, after reports of a forensic audit ordered by the government into the bank’s non-performing loans. This is the fourth public sec... »

The Nifty Call

Technical forex report for Aug 27

Jindal Steel spikes up over 3% on NSE

Silver rates

Currency daily report for Aug 27

Crude oil prices up ahead of US stockpiles report

Canara Bank board opts for 5:1 stock split

Investors need not worry even if FIIs have no headroom

DATA BANK

Exchange Rate

Dollar Spot Forward Rate

Open-Ended Mutual Funds

MCX-SX Currency Futures

NSE Currency Futures

More Disclosures »

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