Stock Market


‘Markets look forward to India Inc’s earnings recovery, Budget’

Dec 22 2015

Vikas Khemani says recovery in India Inc’s earnings growth and Budget will be crucial for the markets.

Sensex back in form, jumps 217 pts on global cues

Dec 21 2015

Benchmark BSE Sensex resumed its upward climb by bouncing back almost 217 points to 25,735.90.

Sensex rallies 309 points after US Fed pulls the trigger

Dec 17 2015

Taking the US Fed rate hike as a sign of confidence, the benchmark Sensex today climbed for the fourth straight day as it closed over 309 points up at 25,803.78.

Sensex plunges 288 pts to crack below 25,000-level

Dec 11 2015

BSE Sensex plunged by 288 points to crack below the 25,000-mark after three months while the NSE Nifty slipped below the 7,600 mark.

Sensex breaks 6-day losing streak, up 216 pts on value-buying

Dec 10 2015

The benchmark BSE Sensex snapped a six-day losing spree as it recovered from a three-month low.

Indian Markets


    32,596.54 409.73   (-1.24 %)

    9,998.05 116.70   (-1.15 %)

Global Markets


Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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