INDIAN STOCK MARKETS TAKE POSITIVE START: SENSEX JUMPS 150 POINTS, NIFTY AT 11,400

Highlights

• The S&P BSE Sensex is trading at 38,622.10 levels, while the benchmark Nifty50 index is at 38,625.18 

• In the first trading session of the week, Kotak Mahindra Bank was the top Sensex gainer with jump of 2 percent 

• Total 5...

SENSEX JUMPS 300 POINTS, NIFTY NEARS 10,000

Highlights

• At 12:42 p.m., the S&P BSE Sensex is trading at 33,687.69 levels, while the benchmark NSE Nifty50 is at 9,936.65 levels

• Kotak Mahindra was the top Sensex gainer in the morning session with growth of 4 percent

• Bajaj Finance and Mahi...

An insurance plan that also involves your mates

CHENNAI: Friend Assurance provision introduced by health insurance companies will now allow all friends and family to buy a health insurance policy, in addition to a bonus given to the healthiest party.

Religare Health Insurance, Max Bupa Health Insurance, and Kotak Mahindra General Ins...

Days in the court of India Inc

India's the same old thing and money crew will commence 2020 with two vital fights in court: the top court will settle on the country's greatest corporate quarrel and, in a remarkable activity, Asia's most extravagant broker proceeds with his test to the financial controller. The Bomb...

Sensex has regained its balance and has risen 411 points as the stocks of bank increase

Mumbai Markets broke its three-day descending winding to end savvy gains on Friday, as banking, budgetary and vitality stocks saw strong buys in the midst of worldwide sign of help.

The BSE Sensex of 30 offers completed 411.38 focuses, or 1 percent, higher at 41,575.14. It arrived at an...

RBI advises banks to top stake in insurance agencies at 30%

 The Indian Reserve Bank has requested that loan specialists slice their stakes in back up plans to 30%, as the financial controller endeavors to shield banks from dangers emerging out of their non-banking organizations and steer center to boosting credit development in an easing back econom...

CPI, IIP information peered toward

MUMBAI: Indian values exchanged higher on Thursday drove by gains in banking, auto, and metal stocks. The assembly, in its second day today, pursued advances in worldwide values after the US Federal Reserve kept up the norm on key strategy rates and flagged no rate change all through 2020 amid a ...

The IPO of Ujjivan Small Finance Bank worth Rs.750Crore shall open on 2nd December

Ujjivan Small Finance Bank (USFB) has announced that its initial public offer (IPO) that raised around 750 crore rupees will open on the 2nd of December.

The IPO, having a price band of 36 rupees to 37 rupees per equity share shall be closing on 4th December.

Ahead of this Ini...

Are stock markets are ignoring the economy? Why?

Research by Kotak Institutional Equities points out that despite ongoing weak economic circumstances, the Indian market is selling at rich pricing. Many monthly high-frequency indices suggest that the economic circumstances have worsened further over the past few months. The present decline is du...

Kotak says finance needs a revolution.

The nation has been failing in the finance sector, and there have been concerns rising, and we are seeing some significant names saying that the country is in trouble, and only recently the finance minister of India Nirmala Sitharaman has accepted that the country is in pain which was long denied...

Kotak to be investigated for hot activities

The finances of the Indian banking industry are a multitude because the banks are utterly beneath the load of big debts that is that the results of the increasing individuals feat with the loans and most of them being the ranking businessmen.

The Prime Minister workplace has directed Th...

Kotak to provide auto finance

With the finance systems crumbling and the desperate need for finances rising in the financial sector we are seeing new alliances and mergers with banks and other industries to stay alive in the game and to stay financially viable.

Kotak Mahindra Prime and France’s Citroen on Thur...