The YES Bank stock tumbled up to 34.03% or 108 points in early trade to 210.10 level. At 9:44 am, the stock was trading17 percent or 54 points lower at 263.65 on the BSE.

Axis Bank has been in news for all the wrong reasons in the last one year from deteriorating asset quality, leak of financial results, non-compliance with its asset classification norms, to falling stock price.

The Sensex and Nifty closed lower today after the indices came under selling pressure amid lower Asian markets, widening current account deficit and rupee touching fresh all time lows. While the Sensex closed 467 points or 1.22% lower at 37,922, the Nifty fell 151 points or 1.30% to 11,438 level. Top Sensex losers were Sun Pharma (3.72%), M&M (3.44%) and Vedanta (3.44%). Of 30 Sensex stocks, 26 closed in the red. Axis Bank (0.99%) was the top Sensex gainer after the private sector l...

Brokers said weakness was seen in most Asian markets as investors were cautious amid fears of a possible escalation in the US-China trade conflict.

The stock rose to its 52-week high level of 675.70 in early morning trade rising more than 4.63% in early morning trade. The stock has been gaining for the last three days and has risen 5.51% during the period.

The RBI's move signals that gold could be in demand as a store of value given the declining returns and capital values of fixed-income bonds in a rising interest rate environment.

In June this year, Yes Bank's shareholders had approved the re-appointment of Rana Kapoor as the chief executive and managing director for three years, subject to final approval from the Reserve Bank of India.

Reacting to the uncertainty, the YES Bank stock closed 1.12% lower to 361.90 level on BSE today. The stock has been losing for the last three days and lost 5.78% during the same period. It touched an intra day low of 358.20 in trade today.

If the bank issues about $17 billion of new stock to back an acquisition, that would effectively dilute the Uday Kotak's holding below the RBI's 20 per cent target.

The Sensex and Nifty closed at fresh peaks on gains in large cap stocks such as Vedanta, Adani Ports and Reliance Industries. While the Sensex hit an all time high of 38,920, the Nifty touched new peak of 11,760. The Sensex closed 202 points or 0.52% higher at 38,896 level, crossing 38,900 level for the first time in intra day trade. The Nifty which marked an all time high of 11,760 in intra day trade closed 46 points or 0.40% higher at 11,738 level. The rally was led by large cap stocks with...

While the Sensex hit an all time high of 38,920, the Nifty touched new peak of 11,760.  The Sensex has gained over 14% since the beginning of this year. The Nifty too has not been far behind. The index is up 11.50% since the beginning of 2018.

The Reserve Bank of India had allowed bank subsidiaries to provide commodity broking services in September last year, as the Securities and Exchange Board of India, the capital market regulator, tries to deepen the market.

Reserve Bank of India (RBI) is examining as to whether banks have followed prudential norms in respect of these stressed assets, a senior public sector bank official said.

At 9:56 am, the Sensex was trading 117 points higher at 38,004 level.  Meanwhile, the Nifty inched closer to the 11,500 level,  rising 45 points from its previous close. It hit all time high of 11,495 level.

The Sensex and Nifty closed at fresh lifetime highs powered by gains in banking, energy and telecom stocks.The 30-share Sensex hit an all-time high of 37,805 in trade, breaking its previous intra-day record level of 37,711 touched on August 1, as index major Reliance Industries, ICICI Bank and Axis Bank advanced.The index shed some of the gains before closing up by 135.73 points or 0.36 per cent at 37,691. Among 30 Sensex scrips, 13 advanced while 17 declined.The Nifty breached th...

The HDFC AMC stock later closed 65.01% or 715.15 points higher at 1815 level on BSE. It rose 4.38% higher than the listing price of 1739 level. The market capitalisation of the AMC on BSE stood at Rs 38,479.15 crore on the first day of its listing on the bourses.

Indices hit fresh lifetime highs as investors accumulated the recently battered banking, auto and realty counters. The BSE bankex rose 502 points to 31079 level.  The  consumer durables goods index rose 320 points to 21,372 level. Bank Nifty too witnessed huge buying activity with the index closing 1.24% or 339 points higher at 27,695 level.

A recovery in rupee, unabated buying by domestic institutional investors (DIIs) and encouraging earnings by blue-chips contributed to the uptrend, brokers said.

Sameet Chavan, Chief Analyst, Technical and Derivatives, Angel Broking, takes viewers through all the market action today. Market benchmark BSE Sensex rose by 157 points to close at new life-time high of 37,494.40, continuing its record setting spree for the sixth session driven by gains in index majors such as Reliance Industries and Bharti Airtel. The broader NSE Nifty settled up 41.20 points, or 0.37 per cent, at a fresh record high of 11,319.55, bettering its previous all-time of 11,278.35 hit on Friday following better-than-expected earnings by corporates.

Market benchmark BSE Sensex rose by 157 points to close at new life-time high of 37,494.40, continuing its record setting spree for the sixth session driven by gains in index majors such as Reliance Industries and Bharti Airtel.The broader NSE Nifty settled up 41.20 points, or 0.37 per cent, at a fresh record high of 11,319.55, bettering its previous all-time of 11,278.35 hit on Friday following better-than-expected earnings by corporates.While the Sensex touched 37,533, a fresh...