Insurance giant Life Insurance Corporation (LIC) of India has filed a draft prospectus with the Securities and Exchange Board of India to float India’s largest-ever initial public offering. The government aims to sell a 5 stake in LIC through a

Check out the large-cap companies making headlines in the morning trade session. Among the Large caps companies, Reliance Industries, Dr Reddy’s Laboratories, TVS Motors, Ashok Leyland and Voltas were among the stocks that were in the news on Mo

With the availability of up to 100 Gbps capacity from SES, the JV will leverage Jio’s leading position and sales network in India to tap into this business opportunity. Reliance Industries Ltd (RIL) announced this morning that its wholly-owned s

Looking at the current scenario and global cues, any strong upside has a lesser possibility. Bank Nifty index had closed at 38517.25 last week. The index fell about 272 points or 0.7 on weekly basis. However, the index made some volatile mo

The stock gained about 67 in the first week on the exchange. Adani Wilmar is a smallcap company, primarily engaged in the business of selling cooking and edible oil under the brand FORTUNE. Besides oil, the company has a wide range of products, s

The momentum oscillators and indicators show a bearish picture and the near future looks cloudy. The NIFTY Realty Index is designed to reflect the performance of real estate companies that are primarily engaged in the construction of residential a

NIFTY reinforces 20-DMA as its immediate resistance. On a disappointing day of trade, the NIFTY closed on a negative note losing 231.10 or 1.31. The markets suffered a gap-down opening; though it defended the opening lows, there was no meaningful

Hinduja Group-owned commercial vehicle maker Ashok Leyland turned a profit in the third quarter, led by higher commercial vehicle volumes even though the vehicle financing vertical faced a slowdown. The company reported a standalone net profit of

Apollo Hospitals Enterprise Ltd, the country’s biggest healthcare service provider, reported robust numbers for the third quarter ended December 31, with high double-digit growth in both revenue and profit. Apollo Hospitals said its consolidated

At market close on Friday the Sensex fell by 1.31 and was at 58,152.92 down by 773.11 points and the Nifty was at 17,374.75 down by 231.10 points or 1.31. On the BSE, 876 shares have advanced,2438 shares have declined and 94 shares remain unchan

The stock has displayed poor performance as it fell nearly 9 this week. The traders have booked their profits and now it is under a free fall. The stock of Tata Power had shot up lately and had surged about 20 in six weeks. It had attracted buye

The index is down by over 2 today and one of the worst-hit sectors which was severely affected by the sell-off. The NIFTY PSU Bank Index is designed to reflect the performance of the public sector banks. It constitutes 13 stocks and the reschedul