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Rajeev Dubey
New Delhi, September 25, 2018
Frightful and irresponsible commentaries about a 'systemic risk' suggesting India's financial system could collapse due to IL&FS have added fuel to fire


BusinessToday.In
September 25, 2018
Going by the past 17 trading sessions, the bears are now out roaring. The BSE Sensex has dived 6% since August 29, when it hit a peak of 38,989.65.


BusinessToday.In
September 25, 2018
Brent crude oil prices were trading at over four-year highs and inched closer to $82 per barrel ahead of impending US sanctions on Iran.


BusinessToday.in
New Delhi, September 25, 2018
Infosys bags $80.3 million contract from Canadian firmInfosys Public Services has announced that it has been awarded a computer-aided design contract worth $80.3 million by Public Services and Procurement Canada (PSPC) to modernise and automate their procurement processes, as reported by the Hindu. IPS is working with Ernst & Young and SAP Canada to digitise PSPC procurement system.Facebook ropes in former Hotstar executive Ajit Mohan as India MD & VPSocial media giant Fac...


BusinessToday.In
September 25, 2018
In fact, the lender was the top Sensex and Nifty gainer in early trade rising 4.11% and 4.59%, respectively.


BusinessToday.In
September 25, 2018
Minutes after opening, the 30-share index fell 124.63 points, or 0.34 per cent, to 36,180.39, after touching a high of 36,454.03 at the outset. Similarly, the NSE Nifty fell by 33.40 points, or 0.30 per cent, to 10,934.


BusinessToday.In
September 25, 2018
The Indian currency started 26 paise lower at 72.89 per dollar on negative global cues.  On Monday, the rupee rose marginally higher against the US dollar but pared gains in late trade to close 43 paise lower at 72.63 level.


BusinessToday.In
September 24, 2018
Financial market regulator Sebi is reportedly examining sharp movement in shares of Dewan Housing Finance Corp. Ltd (DHFL), Yes Bank Ltd. and other lenders for possible trading irregularities.


BusinessToday.In
September 24, 2018
The Sensex and Nifty closed nearly 1.5% lower in trade today amid a depreciating rupee, rising crude oil prices and selling pressure on stocks of non-banking financial companies (NBFCs).  On the global front, China reportedly rebuffed a plan for talks with the US on resolving their dispute over trade and technology which roiled Asian stocks.While the Sensex closed 536 points or 1.46% lower to 36,305, the Nifty lost 175 points or 1.58% to trade at 10,967 level.Sentiments remained distinct...


BusinessToday.In
September 24, 2018
The stock of the Tata Group firm hit 2,214.15 level  its highest ever in trade today after the rupee weakened 29 paise to 79.42 level against the dollar in early trade as the greenback gained overseas. The home currency then closed 43 paise lower at 72.63 level to the dollar in trade today.


BusinessToday.In
September 24, 2018
While the Sensex closed 536 points or 1.46% lower to 36,305, the Nifty lost 175 points or 1.58% to trade at 10,967 level. This is the weakest closing since July 11 when it settled at 36,265.93. The Sensex has lost 1,249.04 points in the previous four sessions.


BusinessToday.In
September 24, 2018
While the Sensex was trading 519 points or 1.41% lower, the Nifty lost 170 points or 1.53% to trade at 10,971 level. Top losers on the index were M&M (6.85%), Adani Ports (5.93%), Bharti Airtel (5.44%) and HDFC (5.34%).


BusinessToday.In
September 24, 2018
The Dewan Housing Finance stock rose up to 24.80% or 87 points to 438.75 level in early morning trade. On Friday, the stock went into a tailspin, nosediving 42.43 per cent to end at Rs 351.55 on the BSE.


Renu Yadav
September 21, 2018
Some of the banking as well as housing finance companies stocks saw severe beating today which dragged the markets down. Among housing finance companies, Dewan Housing Finance (DHFL) stock was the worst performing.


PTI
New Delhi, September 21, 2018
The 30-share index cracked 1,127.58 points, or 3 per cent, to hit an intra-day low of 35,993.64 Friday. It, however recovered most of the losses within minutes of the fall.


BusinessToday.in
New Delhi, September 21, 2018
Ruchit Jain, Technical Analyst at Angel Broking, takes viewers through all the market action today. Benchmark indices finished with losses Friday after investors were jolted by a sudden mid-session plunge amid a massive sell-off in NBFC stocks. The BSE Sensex, which opened on a strong footing, suddenly tanked 1,127.58 points, or 3.03 per cent, to hit a low of 35,993.64 in afternoon trade, before staging an equally sharp recovery within minutes.


BusinessToday.in
New Delhi, September 21, 2018
The Sensex and Nifty crashed in afternoon trade today amid heavy selling in housing finance companies stocks. NBFC stocks crashed and spooked Sensex and Nifty which fell nearly 1,128 points and 368 points, respectively. However, the indices later recovered on management of these companies allaying concerns over their financial position. Watch BusinessToday.In video.


BusinessToday.In
September 21, 2018
What brought on the heavy selling in the stocks of non-banking finance companies (NBFCs)? Blame it on tightness in the money market and investor concerns over rising cost of borrowing for the companies amid continuing financial crisis at IL&FS.


BusinessToday.In
September 21, 2018
The Dewan Housing Finance stock fell up to 60 per cent or 364 points in trade today which spurred heavy selling in other housing finance stocks.


BusinessToday.In
September 21, 2018
The stock of Dewan Housing Finance fell 59.67% or 364 points to a new low of 246.25, the most among the NBFCs.


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