The fund house's liquidity arrangement, to be put in place shortly, covers certain fixed maturity plan (FMP) schemes with exposure to the Non-Convertible Debentures (NCDs) issued by two subsidiaries of the beleaguered group, Edisons Infrapower & Multiventures Private Limited and Sprit Infrapower & Multiventures Private Limited

Sensex, Nifty closed higher for the third consecutive session, backed by strong rally in the global stock market.Sensex ended at 39,950, up by 165 points with 23 out of 30 components in the green. Similarly, the broader Nifty, with 34 out of 50 constituents advancing, closed at 11,962 up by 40 points against previous close.While Nifty touched the day's high at 12,000 level today, Sensex reached 40,066 level intraday.On the currency front, the Indian Rupee opened 20 paise higher at 69.45 again...

Share Market Update: Top index gainers in NSE pack today were Zee Entertainment, ONGC, YES Bank, Tata Motors and JSW Steel. Top losers of today's closing session were Indiabulls Housing Finance, Sun Pharma, M&M, Dr. Reddy and Tech Mahindra.

Except IT sector, all the other indices ended in the red in today's trade. Biggest fall in today's trade was seen in PSU Bank, which was down 2.8%, followed by Auto, Media, Infra, Energy and Metal, each declining over 1%. Only gaining sector of the day was IT, up 0.66%.

Share Market Live: Benchmark indices Sensex and Nifty ended on a positive note on Monday, driven by gains in banking stocks amid unabated foreign fund inflow, amid higher Asian markets.

Share Market Update:  Indian Benchmark indices extended gains in the afternoon session to close on the positive side, backed up by gains in Bank, Realty, Auto and Financial Services. However, India Vix index, that subjects volatility in the market, was up at 27, ahead of counting of Lok Sabha Election 2019 to be done on May 23.

BSE Sensex is up 1445.67 points or 3.81 per cent at 39,376.44 and NSE Nifty is trading up by 420.70 or 3.69 per cent at 11,827.85, in the last hour of trade.

Share Market Updates: Shedding gains of the trading session Wednesday, benchmark indices closed in the red. Other major indices gave up all intraday gains to turn negative in trade as well.

Debt funds are in the line of fire for missing the danger signals and eventually falling prey to defaulting securities.

Share Market Updates: The Indian equities ended lower in choppy trade for the eighth stright session on Friday, tracking weak cues from Asian peers.

 Indian equity market extended losses for the seventh consecutive session on Thursday led by decline in Power, Pharma, Energy indices. Escalated trade tensions between China and the US also prompted investors to remain cautious throughout the trading session.

Zee Entertainment Enterprises had announced in November last year that its promoters, led by Subhash Chandra, planned to sell up to 50 per cent of their equity stake in the company to a strategic partner

Zee Entertainment, BPCL, Tata Motors, Reliance Industries and ICICI Bank were among the top losers.