HDB Fin Gets Rs.80,000 – Cr Valuation in Grey Market

Shares of HDB Financial,the NBFC arm of HDFC Bank,are baing valued at over Rs 80,000 crore in the grey market,making it the country’s fourth most valuable non-bank lender at the existing prices. Brokers and market experts say HDB Financial Services is being traded heavily in the grey market at Rs.1,000-1,050 per share on hopes of

Sensex 40 Saal 40 Hazar (Sensex Record High above 40000 and nifty above 12000)

The benchmark BSE Sensex reclaimed the 40,000 mark, rallying nearly 300 points in early trade Friday led by gains in banking and IT stocks amid positive domestic cues and strong foreign fund inflow. After hitting a high of 40,119.81, the 30-share index was trading 271.12 points, or 0.68 per cent, higher at 40,103.09. In similar

Exit poll results suggest big win for NDA, a possible second term for Narendra Modi

Exit polls in India have a patchy record. Polling has been off the mark in two of the last four general elections in India,so nobody should assume that the final results, which will begin to be available later this week, will necessarily follow the pattern of the exit polls that were released as voting ended

CPSE ETF – Another Opportunity to invest in 11 ratnas of Government of India at 4% discount*!

CPSE ETF FFO 4 Discount of 4% on the “FFO 4 Reference Market Price”  to the underlying Nifty CPSE Index shares Constituents of the index are: ONGC | NLC INDIA LTD | COAL INDIA LTD | RURAL ELECTRIFICATION CORPORATION LTD | IOC | POWER FINANCE CORPORATION LTD | NBCC (INDIA) LTD | BHARAT ELECTRONICS LTD

Muthoot Finance Limited NCD

Non convertible debentures (NCD) are fixed-income instruments, usually issued by high-rated companies. They offer higher interest rate than convertible debentures. Muthoot Finance Limited NCD scheduling its Secured, Rated, Listed Redeemable Non convertible debentures from February 14, 2019 – March 14, 2019 is having Base Issue size of Rs.100 Crore with an option to retain oversubscription up to Rs.650 Crore aggregating

India’s most expensive stock MRF wealth created from Rs 500 to 81,425 in 18 years.

Stock market is all about patience, and if you have that, sky is the limit. Who else to tell you that better than those who actually benefited from it. How many of us actually hold these multibagger stocks that long? Not many! Patience is a key to successes, the statement comes true for those equity

IAF(Indian Army Force) Jets Crossed LoC and Destroyed Terror Camps in Pakistan

More than one Indian Air Force (IAF) fighter aircraft on early Tuesday (Feb. 26) morning crossed the Line of Control that divides the state of Jammu & Kashmir between India and Pakistan. The operation involved 12 Mirage 2000 jets which dropped 1,000 kg of bombs to completely destroy major terror camps in Balakot,Chakothi and Muzaffarabad,

Kotak Bank shares fall 5%.As ING sold stake

Shares of Kotak Mahindra Bank fell nearly 5 percent in the morning trade following a series of bulk deals on the stock exchanges. The stock fell as much as 4.25 percent to Rs 1,234 per share on the BSE, and lost 4.97 percent to Rs 1,225 per share on the NSE. ING Group merged its banking unit,

Bank recapitalisation plan: PSU banks set to get ₹42,239-crore Fund

The government on Wednesday February 20 approved the infusion of Rs 48,239 crore in 12 public sector banks in the current financial year(2018-2019). The government has now provided Rs 1,00,958 crore out of the Rs 1.06-lakh-crore bank recapitalisation plan. Corporation Bank emerged as the biggest beneficiary of the latest round of capital infusion with Rs 9,086 crore,followed by

Two wheeler sales slipped into a single digit growth.

Since September 2018,when compulsory five-year third-party insurance became effective,Two wheeler sales have slipped into a single digit growth from around 20% earlier,as cost of ownership increased substantially. The customer enquiries have increased but they are not converting into sales at the pace it is required,” a Hero MotoCorp dealer in the NCR told FE. Since

Indiabulls Consumer Finance Limited NCD

What is NCD?  Non – Convertible debentures are fixed income products that offer nearly higher returns which are hard to stand up to. The companies issuing NCDs are promising double-digit rates, much more than bank Fixed Deposits or Company Fixed Deposits. Not many fixed income instruments are able to deliver such high returns. However, in last few years companies have raised great money

Sensex falls eight straight day, Longest losing streak in 6 years

The benchmark Sensex ended with losses for an eight straight trading session-its longest losing streak since August 2013. The sensex ended 310 points,or 0.87 percent lower at 35498.44,while the Nifty 50 index fell 0.8 per cent,or 83 points,to 10,641. A total of about 1393 (National Stock Exchange) listed stocks were traded on both February 14,2018

For first time in FY19,RBI becomes net buyer of dollars in Dec

The Reserve bank of India (RBI) has turned net buyer of dollars in December,first time in the current fiscal year,as it purchased $607 million of the greenback on a net basis from the spot market,according to the latest data. The central bank bought $837 million and sold $230 million in the spot market during the reporting month.

WPI inflation hits 10 – month low

The wholesale price inflation (WPI) rate fall to a 10-month low of 2.76 percent in January, Official figures released on Thursday showed. The inflation rate in December had stood at 3.80 percent, while it was 3.08 percent in January, 2018. The trend is in line with the consumer price inflation rate, which declined to a

CPI Inflation at 19-month low in Jan; IIP growth recovers In Dec

India’s CPI-based inflation for the month of January 2019 eased to a 19-month low at 2.05 per cent while industrial production in December 2018 bounced back to 2.4 per cent. India’s CPI-based inflation for the month of January 2019 eased to a 19-month low at 2.05 per cent while industrial production in December 2018 bounced

Company Results Announced Today

Results: 3M India Ltd Asahi India Glass Ltd Bata India Ltd CG Power & Industrial Solutions Ltd Coal India Ltd Container Corporation Of India Ltd CRISIL Ltd Dhanuka Agritech Ltd GE Power India Ltd HEG Ltd HeidelbergCement India Ltd Hindalco Industries Ltd Indian Hotels Co Ltd Ipca Laboratories Ltd Jain Irrigation Systems Ltd Lux Industries

RBI Monetary Policy Review February 2019.

              Key Highlights of RBI Monetary Policy. Repo rate been lowered to 6.25% from 6.50%. Repo rate cut by 25 basis points and stance of policy changed from calibrated tightening to neutral. Reverse repo rate cut to 6 pc, bank rate to 6.5 pc, CRR unchanged at 4 pc.

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The perfect winter breaks.

A round up of five destinations worth exploring over the Christmas and new year holidays. Handy tips to help you make the right choice. December is less than a week away and its time to firm up winter holiday plans . We know the feeling when long weekends or holidays approach or when there is

Best 5 Managers of Multi-Cap in Mutual Funds.

Has your fund manager changed focus?  India’s best equity fund managers, across categories, based on their five-year risk-adjusted returns. Here are the best 5 in the multi-cap category. These managers have proved their grit while managing stock exchange unpredictability and have delivered consistent returns throughout the years. Read about every one of these managers, their