Gap-down opening likely on weak global cues Gap-down opening likely on weak global cues Karan Dsij / Thursday, March 1, 2018 / Article rating: 3.0 Indian equity benchmarks are expected to open significantly lower given on the back of weakness across the global markets. The SGX Nifty is indicating that the Nifty could open lower by 65 points around 10,454 at the opening bell.
Cipla partners with Roche to increase sales of tocilizumab, bevacizumab Cipla partners with Roche to increase sales of tocilizumab, bevacizumab Nikita Singh / Wednesday, February 28, 2018 / Article rating: 5.0 Pharma major Cipla announced its partnership with Roche Pharma India, following which the company’s share price surged by nearly 2 per cent in intraday trade on Wednesday. The partnership is expected to increase access of the company to major medicines.
To enhance cross-border payments IndusInd ties-up with Ripple To enhance cross-border payments IndusInd ties-up with Ripple Amir Shaikh / Wednesday, February 28, 2018 / Article rating: 3.3 On Tuesday, the private sector bank IndusInd Bank informed bourses that it has entered into a partnership with blockchain solution provider Ripple.
HG Infra Engineering IPO status on day 3 HG Infra Engineering IPO status on day 3 Raghav Bisani / Wednesday, February 28, 2018 / Article rating: 4.5 HG Infra Engineering's IPO to raise ~Rs. 300 crore through fresh issue and Rs. 162 crore through offer for sale has been fully subscribed on its last day, February 28, 2018.
Post PNB fraud government tightens grip on PSUs Post PNB fraud government tightens grip on PSUs Rohan Takalkar / Wednesday, February 28, 2018 / Article rating: 5.0 As the banking frauds in the country get bigger day by day, government tightens new norms against PSUs. The government's response to the situation indicates that PSUs are showing signs of chaos.
Ten stocks close to their 52-week low Ten stocks close to their 52-week low Shital Jibhe / Wednesday, February 28, 2018 / Article rating: 5.0 Following stocks are close to their 52-week low as at 12.57 p.m. on February 28.
BSE clocks highest turnover in cross currency derivatives segment BSE clocks highest turnover in cross currency derivatives segment Gayathri Udyawar / Wednesday, February 28, 2018 / Article rating: 3.8 India's leading exchange BSE launched cross-currency derivatives and cross rupee options on Tuesday. On day one, the exchange took pole position with Rs. 1,098 crore turnover in cross currency derivatives.
Ten stocks close to their 52-week high Ten stocks close to their 52-week high Shital Jibhe / Wednesday, February 28, 2018 / Article rating: 2.5 The markets on February 28 opened down. BSE Sensex is trading at 34,178.34, down by 168.05 points and the Nifty is trading at 10,494.90, down by 59.40 points.
Moody's forecast: India to grow at 7.6 per cent in 2018 Moody's forecast: India to grow at 7.6 per cent in 2018 Tanay Loya / Wednesday, February 28, 2018 / Article rating: 5.0 International credit rating agency Moody's Investors Service on Wednesday prognosticated Indian Economy to grow at 7.6 per cent in the ongoing calendar year and at 7.5 per cent next year in 2019.
Top 3 funds with higher alpha and lower beta Top 3 funds with higher alpha and lower beta Nikhil Desai / Wednesday, February 28, 2018 / Article rating: 3.1 Lower beta determines the lower volatility with respect to the market as well as higher alpha gives us an indication of higher performance against the respective benchmark.