Product Updates

The second tranche of Bharat-22 ETF was oversubscribed on the final day of offering, with the issue garnering subscription to the tune of Rs 12,500 crore. from The Financial ExpressMarket – The Financial Express https://ift.tt/2K2wp8S v

Bajaj Finance has surpassed Axis Bank in terms of market capitalisation, following a surge in its share price which hit a 52-week high during the day today. from The Financial ExpressMarket – The Financial Express https://ift.tt/2K7w0OB v

OPEC agreed on Friday on a modest increase in oil production from July after its leader Saudi Arabia persuaded arch-rival Iran to cooperate amid calls from major consumers to help reduce the price of crude and avoid a supply shortage. from The Financial ExpressMarket – The Financial Express https://ift.tt/2ltLlhO v

The rupee continued its rally for a third straight session on Friday, strengthening by another 14 paise to end at 67.84 against the US dollar amid su from The Hindu - Markets https://ift.tt/2JYlvRH

Benchmarks weathered volatility to end sharply higher on Friday, propelled by a late-session surge as investors snapped up healthcare, telecom and fi from The Hindu - Markets https://ift.tt/2turh2q

Investors are concerned about the long-term impact of trade wars and this is what has triggered another sell-off in the markets. from The Financial ExpressMarket – The Financial Express https://ift.tt/2IgD2Pv v

The BSE Sensex surged by 308.87 points to record an intra-day high of 35,741.26 points on bargain-hunting by investors, while the NSE Nifty50 climbed 95.9 points to an intra-day high of 10,837 points. from The Financial ExpressMarket – The Financial Express https://ift.tt/2Mf91BN v

China’s policy makers and local authorities are taking steps to prevent deepening strains in the $11 trillion bond market from spiraling into a broader systemic collapse. from The Financial ExpressMarket – The Financial Express https://ift.tt/2K9WFdB v

Amid reports of government considering a stake sale in IDBI Bank to LIC in order to raise nearly Rs 10,000-11,000 crore, shares of the public lender soared 5.9 percent to Rs 61.15 on NSE today. from The Financial ExpressMarket – The Financial Express https://ift.tt/2IiJqpq v

Despite budding signs of economic damage, trade frictions have shown no sign of abating. from The Hindu - Markets https://ift.tt/2tu7dwT

Companies also get more time to raise an open offer’s price from The Hindu - Markets https://ift.tt/2IeTTCg

A quick analysis of the impact of spiking crude oil prices on the Indian equity markets shows that there are no immediate concerns between surging oil prices and equities and the recent slide in the markets was more on account of market sentiment surrounding the outcome of the recent held state elections in Karnataka. from The Financial ExpressMarket – The Financial Express https://ift.tt/2K3zly3 v

The Securities and Exchange Board (SEBI) has approved amendments to buyback and takeover regulations and changed the time for announcing the price band of initial public offering (IPO), chairman Ajay Tyagi told reporters. from The Financial ExpressMarket – The Financial Express https://ift.tt/2M8BpWc v

RITES is the first state-owned firm to hit the IPO market in the current fiscal. The IPO will close tomorrow. from The Financial ExpressMarket – The Financial Express https://ift.tt/2Ib4PAt v

Facebook Inc. co-founder Mark Zuckerberg came within a whisker of leapfrogging Warren Buffett as the world’s third-richest person Wednesday. from The Financial ExpressMarket – The Financial Express https://ift.tt/2McB6Ke v

Xiaomi Corp.’s highly-anticipated Hong Kong initial public offering could value the Chinese smartphone giant at as little as $53.9 billion, roughly half its initial goal. from The Financial ExpressMarket – The Financial Express https://ift.tt/2MLwxrg v

Xiaomi Corp. started taking orders for the world’s biggest initial public offering in nearly two years, sharply curtailing its earlier valuation ambitions as it seeks to raise up to $6.1 billion in Hong Kong. from The Financial ExpressMarket – The Financial Express https://ift.tt/2tfIeya v

The rupee on Thursday gained further ground to end at 67.98 against the US dollar, appreciating by 10 paise on sustained selling of the American curr from The Hindu - Markets https://ift.tt/2K3Q6JG

Stocks surrendered early gains to finish with losses on Thursday as lingering worries over global trade and lack of definitive domestic triggers hel from The Hindu - Markets https://ift.tt/2JTE9tO

Supported by positive global cues and robust buying in stocks of Reliance Industries, Vedanta and couple of banking stocks, the domestic equity markets closed higher -- breaking a two-day losing streak. from The Financial ExpressMarket – The Financial Express https://ift.tt/2lmQN5U v