Sensex revisits 66K; Nifty surges 116 points

Equity benchmark Sensex climbed over 385 points to reclaim the 66,000 mark on Thursday, propelled by robust buying in index majors HDFC Bank, L&T and SBI amid a weak trend in global equities.......

Can the Jio-BlackRock JV stir the AMC pot? What analysts say

The joint venture of Jio Financial Services and BlackRock to foray into India’s asset management space could be disruptive but not disastrous for incumbent industry players, analysts said on......

Why FPIs and MFs are dumping mid- and small-cap stocks

There is polarisation among sectors with IT and healthcare receiving the lion’s share of FPI money in the past two quarters. Illustration: Uttam Ghosh/Rediff.com Distorted valuations and......

Sensex slides 285 points on weak FY16 growth forecast; IT, metal stocks disappoint

After posting gains for four straight sessions benchmark indices 1% lower as investors booked profits after the government lowered 2015-16 GDP growth forecast lower to 7-7.5% from 8-8.1% earlier.......