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State Bank of India SBI headquarters

Drastic lending rate cuts to squeeze banks' net interest margins, say brokerages

Analysts expressed surprise at the quantum of MCLR cuts by banks and said the implication is likely to be negative for both banks as well as NBFCs. Jan 3, 2017
Crude Oil prices

Oil prices rise as hopes soar over OPEC-non-OPEC deal to slash production

The deal, which was agreed on in November to reduce output by almost 1.8 million barrels daily, officially came into force on Jan 1 Jan 3, 2017
bitcoin, bitcoin trading, bitcoin value in 2017, bitcoin trading, bitcoin and demonetisation, bitcoin in india

Bitcoin rings in new year with a bang

Digital currency Bitcoin rose to a three-year high to breach the $1,000 mark, indicating brisk trading ahead. Jan 2, 2017
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Tata Steel, M&M, Tata Motors, Maruti Suzuki top Sensex gainers; December PMI Manufacturing shrank for the first time in 2016

Sensex ended Monday's trade with losses but Tata Steel, Maruti Suzuki, Mahindra and Tata Motors gained; Manufacturing PMI for December slipped below 50. Jan 2, 2017
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Happy New Year 2017: Will Sensex, Nifty respond positively to PM Modi's sops?

Investors would hope for a bullish Sensex and Nifty trend; PM Modi's speech puts bank, real estate, home loan stocks in focus. Jan 1, 2017
bse sensex, nse nifty, 2017 closing, brexit, demonetisation, modi, donald trump

Sensex, Nifty end 2016 trading with gains despite Brexit, demonetisation

Brexit, Donald Trump's victory, demonetisation and uncertainty hit Sensex, Nifty in 2016; budget 2017 holds the key for next year. Dec 30, 2016
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Sensex, Nifty end on a high note, rally led by ITC, GAIL, Sun Pharma

The BSE Sensex and NSE Nifty close with gains of 1 percent on Friday, the last trading day for calendar year 2016. Dec 30, 2016
Four stocks to watch in 2017

Four stocks to watch in 2017

Companies like Shire, Entertainment One and Wizz Air could be well set for a good 2017. Dec 29, 2016
rbl bank, rbl bank q3 results, bank stocks, bse sensex, nse nifty

IFCI shares gain 13%, IDBI Bank up 4% on NSE IPO news; TCS, Tata Steel, Wipro lead Sensex rally

IDBI Bank and IFCI rose in response to NSE filing IPO papers; TCS, Tata Steel, Wipro and Asian Paints were leading Sensex rally. Dec 29, 2016
NSE IPO, national stock exchange ipo, NSE Mumbai, stock market india

NSE IPO: Exchange files papers to raise Rs 10,000 crore in mega public offering

Existing shareholders may offload as much as 20-25 percent shares in the IPO that could value NSE at worth Rs 50,000 crore-Rs 55,000 crore. Dec 28, 2016
shale oil, oil rig

US shale oil industry gets a major boost after largest deposit found in Permian Basin

The deposit, estimated to be worth $900 billion, brings good news for the oil mining industries in the area, but can have ecological implications. Dec 28, 2016
Narendra Modi

PM Narendra Modi could spring a surprise for stock markets at Lucknow rally on Jan 2

The January 2 rally could well be the opportunity to tell Indians about the gains Modi planned in return for the pain endured for 50 days. Dec 28, 2016
bse sensex, nse nifty, india, stock markets, wipro, maruti suzuki, niti aayog, modi

Sensex, Nifty extend gains; Kotak Mahindra Bank manager arrested over money laundering charges

Benchmark index Sensex rally was led by Wipro and Adani Ports; Kotak Mahindra Bank manager arrested by ED for alleged money laundering. Dec 28, 2016
India budget security, india budget 2017

Budget 2017: The halwa ceremony and the secrecy shrouding India's annual financial statement

Apart from economic priorities, India's finance minister has to deftly cope with political pressures and conflicting demands while outlining the Budget. Dec 28, 2016
donald trump, donald trump, us stock markets, djia donald trump, S&P 500, Nasdaq, donald trump speech, wall street donald trump

Tech start-ups set to flood Wall Street with IPOs in 2017: Report

Bullish sentiments after Donald Trump's victory are likely to see at least 30 start-ups go for IPOs in 2017. Dec 27, 2016
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