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Rate cut, firm global cues lift Sensex 376 points higher

Out of 12 sectors, 11 ended with strong gains while BSE Bankex was the sole loser, down 0.4%.   Benchmark Indices gained for the second consecutive session after higher-than-expected repo......

Will take appropriate call on lending rates soon: Bankers

State Bank of India on Wednesday welcomed the second surprise rate cut by Reserve Bank and promised to take an ‘appropriate call’ on its lending rates. "We welcome the repo rate cut by......

Markets end down while bankex gains

After last week's strong rally, the undercurrents fizzled out on Monday with markets falling half a per cent each.The Sensex, after opening soft on global cues, had recovered to a high of 17,813 on......

Markets jump 3%, metals and bankex rally

Markets rebounded almost 3per cent on back of positive news from Europe and short covering in the frontline stocks. The Nifty ended up 137 points, at 4,888 and the Sensex advanced 440 points,......

Markets end flat, Bankex gains

At the start of the day, the Sensex had opened in the green and more importantly, above the 18,000-mark, which was a welcome relief after the mayhem witnessed on Monday.But the benchmark indices......
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Devang Shah

Market closed 3rd consecutive week in negative territory. It has finally broken long consolidation pattern of last 2 weeks on down side which has... ...

http://smartinvestor.business-standard.com/market/Marketnews-393288-Marketnewsdet-One_should_be_cautious_till_short_term_trend_reverses_Devang_Shah.htm
prospects are good says Nomura; rates it as hold

We downgrade IndusInd Bank to Hold with a revised price target of R1,150. While earnings could grow 24% CAGR FY16-19e, both sustainability &... ...

http://www.financialexpress.com/article/markets/indian-markets/indusind-bank-rating-hold-steep-valuation-limited-upside/297553/
Rs 92,000 crore wiped out, who stood out amid Brexit ramnents

NEW DELHI: A challenging week has come to an end, with the benchmark equity indices taking a 1 per cent cut in a reaction to Rexit and Brexit.... ...

http://economictimes.indiatimes.com/markets/stocks/news/the-week-that-was-rs-92000-crore-wiped-out-who-stood-out-amid-brexit-ramnents/articleshow/52923650.cms
Sensex shows weekly loss of 228 pts on Brexit

Heavy selling pressure from operators and investors at the fag-end of week due to sharp fall in global markets as UK voted for Brexit, pulled down... ...

http://echoofindia.com/mumbai-sensex-shows-weekly-loss-228-pts-brexit-110532
Tata Steel Europe has initiated the process to sell its UK business

viz Tata Steel UK. It has invited seven short-listed potential investors to submit binding bids for Tata Steel UK. Tata Steel was followed by... ...

http://www.deccanchronicle.com/business/in-other-news/250616/tata-steel-europe-has-initiated-the-process-to-sell-its-uk-business.html

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