Last month, Adani Enterprises had filed a plea in the Bombay High Court seeking quashing of all LRs against its firms that are under probe for alleged over-invoicing of Indonesian coal imports.

The bonds are directly pegged to the Indian currency. So, investors will directly take the currency risk or exchange rate risks. If the value of Indian currency falls, the foreign investor will have to bear the losses, not the issuer which is an Indian entity or a corporate.

The Sensex had rallied 677.51 points in the previous two sessions on sustained buying by domestic institutional investors. At 10: 37 am, the Sensex was trading 442 points lower at 37,647. The Nifty was down 125 points to 11,390.

Lessons from the failure of some of India's biggest business names.

All sectoral indices ended in the green, led by realty, power, consumer durables and metals. Brokers said sentiment was bullish on continuous recovery in the rupee amid reports that the government may announce steps to prop up the domestic unit.

Benchmark Sensex rose around 373 points to reclaim the 38,000-mark as better-than-expected macro data and further recovery in the rupee triggered widespread buying. The NSE Nifty too breached the 11,500-level with a rise of 145 points. All sectoral indices ended in the green, led by realty, power, consumer durables and metals.Brokers said sentiment was bullish on continuous recovery in the rupee amid reports that the government may announce steps to prop up the Indian currency.The...

The market extended losses for the second continuous session this week amid a falling rupee, rising crude oil prices, widening current account deficit and global trade tensions which dampened investor sentiment. While the Sensex closed 509 points or 1.34% lower at 37,413, Nifty fell 150 points or 1.32% to 11,287 level. The Sensex has seen over 1% fall in the second straight session today for first time since February 2016.On Monday, the Sensex closed 467 points or 1.22% lower at 37,922, the N...

The Sensex has seen over 1% fall in the second straight session today for first time since February 2016. On Monday, the Sensex closed 467 points or 1.22% lower at 37,922, the Nifty fell 151 points or 1.30% to 11,438 level.

At 10:09 am, the Sensex was trading 206.85 points, or 0.54 per cent lower to 38,127.97. The laggards include Yes Bank, PowerGrid, Kotak Bank, ONGC, Hero MotoCorp, HUL, HDFC Bank, ICICI Bank, HDFC, Tata Motors, Sun Pharma and Asian Paint Sun Pharma, Yes Bank, SBI, ICICI Bank, NTPC, ONGC and Maruti Suzuki, falling up to 2.12 per cent.

The guidelines set by the Department mandate that companies worth Rs 2,000 crore, and cash and bank balance more than Rs 1,000 crore have to mandatorily buy back shares.

Earlier this year, the Coal Ministry had ruled out any possibility of dry coal shortage in the upcoming monsoon season and said that it had sufficient stocks to meet the demand of power plants.

The BSE Sensex closed lower, snapping its two-day record-closing run largely due to losses in key energy stocks of Reliance Industries and Coal India. The 30-share index hit an all-time intra-day high of 38,989 at the outset but the market lost steam as investors preferred to book gains after the recent rally.The BSE index settled at 38,722 points, down 173.70 points, or 0.45 per cent over the last close.Nifty index too finished lower by 46.60 points or 0.40 per cent in choppy trade a...

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 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.

At 9:36 am, the Sensex was trading 114 points higher at 38808 level. The Nifty gained 26 points to 11,718 level. NTPC (2.77%), Coal India (1.56%) and Vedanta (1.06%) were the top Sensex gainers.

SAIL has formed joint venture companies in different areas, namely power generation, rail wagon manufacturing, slag cement production, securing coking coal supplies from overseas sources, among others.

Admitting that there was a shortage of skilled human resources in the health sector at all levels, the health minister said the Centre has planned for a rapid expansion of medical education.

Sameet Chavan, Chief Analyst, Technical and Derivative, Angel Broking, takes viewers through all the market action today. Sensex and Nifty continued their winning run for the fourth straight session on buying in L&T, RIL and NTPC stocks despite escalating trade war tensions. The 30-share Sensex scaled an all-time (intra-day) high of 38,487 in early trade.

Sensex and Nifty continued their winning run for the fourth straight session on buying in L&T, RIL and NTPC stocks despite escalating trade war tensions.The 30-share Sensex scaled an all-time (intra-day) high of 38,487 in early trade.However, it succumbed to profit booking to slip to 38,227, before finally ending at 38,336 points, up 51.01 points, or 0.13 per cent.It bettered its previous record closing of 38,285 reached on August 21.The index has gained 622 points in the previous...

Ruchit Jain, Technical Analyst, Angel Broking, takes viewers through all the market action today. The Sensex and Nifty closed flat amid mixed global cues and rupee gaining strength in trade today. However, the indices managed to clock fresh closing highs for the second consecutive session this week.