The Government-owned finance company, Housing and Urban Development Corporation (HUDCO), informed the bourses that it reported a repayment default from two borrowing agencies.

On 5th December, overall volumes in futures & options currently stand at 2.55 crore contracts with a turnover of Rs. 18,09,044.99 crore.

On 5th December, overall volumes in futures & options currently stand at 2.55 crore contracts with a turnover of Rs. 18,09,044.99 crore.

All eyes would remain on it to see if it can defend its 20-DMA. If it holds and moves above the 12,100 mark, we could see 12,240-12,300 levels in the short term or, else, a consolidation between 11,800-12,050 levels could be seen. Stocks in news: HUDCO, Vedanta, HDFC AMC, Reliance, Karnataka Bank, Wipro, SBI, Bharti Airtel.

Despite the positive global cues, the SGX Nifty is indicating a soft start for the domestic benchmark indices. This start could be attributed to the nervousness of market participants ahead of the key announcement on rate cuts by RBI, due later in the day.

A few months ago, the financial media was flooded with the ‘inverted yield curve’, which is considered to be a precursor to a contraction in the economic activity. Now, a diametrically opposite phenomenon is occurring and we see that the yield curve is steepening. What does it mean for investors.

Oscillating between positive and negative terrain, key equity benchmarks witnessed a relief rally in the last hour of trade, which helped in closing the session near intraday high levels on Wednesday. Markets rebounded from previous day fall, with the Sensex and the Nifty, closing at 40,850.29 and 12,037.30 levels, respectively.

Ultra-short duration funds are suitable for such investments, which are to be made for a few weeks only. So, what are the things that one should look for before investing in them? Let’s find out.

The Dubai based subsidiary of Ramco Systems, Ramco Systems FZ-LLC, secured a five-year order from one of the largest independent family-owned multinational in the Middle East for implementation of Ramco Logistic ERP. 

The commercial vehicle segment also further registered a decline in sales figures according to latest published data by these companies. The industry major Ashok Leyland reported a 25 per cent decline in sales for November 2019 compared to the same month last year.