During the period, investors’ wealth zoomed by a whopping Rs 4.75 lakh crore with total market-cap reaching to Rs 91.09 lakh crore on BSE
Domestic investors felt the heat as Rs 7 lakh crore worth of its wealth were lost in today's mayhem.
SBI Chairperson Arundhati Bhattacharya today said they could look at issuing shares with differential voting rights to raise funds to meet the Basel-III capital adequacy norms.
Dalal street surged to record highs once against powered by the banking sector which scaled above the 18,000 mark following the merger announcement between Kotak Bank and ING Vysya Bank.
Sebi's problem so far has not been in proving that the accused was an insider but in proving that the accused knowingly used the unpublished price sensitive information to his or her advantage advantage.
The benchmark BSE Sensex declined by nearly 78 points in early trade today as several stocks suffered losses on selling by funds and retail investors ahead of monthly expiry in the derivatives segment.
RBI’s inflation targeting should be consistent over the long term. Any move away from the inflation target would mean question marks on the central bank’s independence and bond markets would get nervous and confused.
If all goes as planned, Hollywood star Leonardo DiCaprio, whose latest film "The Wolf of Wall Street" releases in India on Christmas day, may visit the country's entertainment capital in the first month of the new year.