The funds sold shares worth a net Rs 4,018 crore in the equity market during October, while they had pulled out a net Rs 2,800 crore in the preceding month, according to latest data available with market regulator Sebi.<br /><br />
Twitter Inc's successful debut on the New York Stock Exchange could help the Big Board win a title it has never held before: the No1 US listing venue for technology companies.
From a medium-term perspective, only a breach of the swing low at 5,700 would damage the bullish set-up.
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Shares of Tech Mahindra, India's fifth largest IT major, rose more than 5 percent on Friday to its highest since May 2007 after the company's July-September earnings beat some analysts' estimates.<br /><br />
Twitter Inc stock soared 92 percent in their first day of trading on Thursday on the New York Stock Exchange as investors snapped up shares in the microblogging site, pushing its market value to a heady $25 billion.
The Indian equity markets fell for a third consecutive day with the BSE Sensex ending at fresh one-week low of 20,822.77, down 72.17 points or 0.35 percent lower while the Nifty ended 27 points lower at 6187 after rating agency Standard & Poor's said it may cut India's sovereign rating to below investment grade should the next government fail to provide a credible plan to reverse the country's low economic growth.<br /><br />
Retirement fund body settled 10.21 lakh claims including transfer and withdrawal of Provident Fund in October, which is 28% more than such settlements in September this year.
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According to a report in the Hindu BusinessLine, Insurance Regulatory and Development Authority (IRDA) is planning to provide a service which will enable vehicle owners to get the details of their policy via an SMS.
The RBI on Tuesday said it will treat foreign banks operating in the country on nearly equal terms with local lenders should they move to a wholly owned subsidiary structure.
The BSE Sensex up 4.87 points at 20,899.81, Nifty rises 7 points to 6,222.25.
Info Edge, which is an existing investor in Zomato, said in a separate filing to the stock exchanges that it had invested Rs 57 crore in Zomato in the latest round.
The Sensex was down 79.85 points to end at 20894.94. The Nifty closed at 6215.15, down 38.00 points.
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The BSE IT index was the top gainer in a flat market on the back of stellar results from US-based Cognizant.<br /><br />
Indian markets opened flat this morning while the Indian currency opened weak.<br /><br />
Even as retail investors continue to steer clear of the recent rally in Indian markets, global investment banks such as Goldman Sachs and Nomura seem to believe that things are set to change for the better in India.<br /><br />
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Indian equity markets opened flat today on muted trends in other Asian markets after the Sensex hit successive all-time highs last week on muted trends in other Asian markets. <br /><br />
The world markets shrugged off the US default fears arising out of the more-than-two-weeks of government shutdown in October with handsome gains of $1.5 trillion in market wealth, or a 3.8 per cent rally, with 44 of the 46 markets covered ending the month in the green.
The "muhurat" trading session will be conducted for 75 minutes tomorrow, on leading bourses NSE and BSE, to pay obeisance to Lakshmi, the Hindu goddess of wealth and prosperity. It would also mark the New Year for traders as per the Hindu calendar, or Samwat 2070.<br /><br />
The Bank Index has seen a smooth progression of higher tops and higher bottoms, which is a sign of strength. The prior swing high at 11,220 has been overhauled and the index now appears on track to reach the next target of 11,950-12,000. A breakout past 12,000 could pave the way for a rise to 13,000.<br /><br />
Gold prices are ruling at Rs 31,400 per 10 grams in the national capital, lower than Rs 32,485 on the last Dhanteras.<br /><br />
The immediate fallout of this decision will be that an individual or a businessman who transacts between the two countries will not get beneficial tax deductions and will have to undergo stricter tax scrutiny.