Upon reviewing the current liquidity and market scenario, the Reserve Bank of India (RBI) has decided to conduct a simultaneous sale and purchase of bonds under its Open Market Operations (OMO) for Rs 10,000 crore each, using the multiple price auction method, to infuse durable liquidity.

The market opened in the green on 20th December, overall volumes in futures & options currently stand at 4,01 crore contracts with a turnover of Rs. 28,12,246.82 crore.

The market opened in the green on 20th December, overall volumes in futures & options currently stand at 4,01 crore contracts with a turnover of Rs. 28,12,246.82 crore.

The Nifty will try to achieve the next possible target of 12,350-12,400 levels. As long as the index is able to protect the prior day low, it is advised to hold the long positions with a trailing stop-loss. Stocks in news: Dishman Carbogen Amcis, Lupin, JM Financial, Bajaj Finance, Lemon Tree Hotels, NMDC.

In the last three trading sessions, the markets have managed to reach new heights and set new record-closing highs in each of the session. Moreover, the Nifty closed in the top quartile of the day’s range for the third consecutive day. So the bulls will try to end the week on a high note.

On Thursday, India Ratings and Research (Ind-Ra) downgraded the long term issuer rating of Can Fin Homes Limited (CFHL) to IND AA from IND AAA and revised the outlook from stable to negative.

There is a cost involved in managing your bank account and this is the reason bank penalizes for not maintaining the minimum monthly average balance (MAB) on your savings bank account. So, how does it work? Let us find out.

Clariant Chemicals announced that it has approved the sale of it Masterbatch business to PolyOne Polymers India Limited on a slump sale worth Rs. 426 crore, subject to the approval of its shareholders by way of a special resolution through postal ballot and other statutory approvals.

Panacea Biotech Limited has announced that it has bagged an award of Rs 170 crore from U.N. Agencies for the supply of its Easyfive-TT, a fully liquid WHO prequalified wP-based Pentavalent Vaccine (DTwPHepB-Hib).

On the global front, the US dollar took the impeachment of US President Donald Trump on Thursday in stride while the British pound continued to remain under pressure even after inflation in the UK remained unchanged in November compared to the previous month.