Two top investment banks, Enam Financial Services and JM-Morgan Stanley, have backed out from the high-profile initial public offering by real-estate developer DLF Universal, amid speculation that......
Further outperformance hinges on pickup in industrial activity, buying by local investors. While the slide in the Chinese market has over the past two months has impacted emerging market (EM)......
Realty major DLF's offer for sale of 8.1 crore (81 million) equity shares to institutional investors has been oversubscribed by 1.3 times, which will help it raise Rs 1,888 crore (Rs 18.88 billion)......
German brokerage Deutsche Bank has trimmed its year-end Sensex target to 31,000 from 33,000 on account of a more muted environment for foreign inflows and earnings cuts in preceding two quarters.......
While analysts predicted the Sensex to cross 30,000 in 2016, the index currently stands 12% lower at 26,400, reports Pavan Burugula/Business Standard.Illustration: Uttam Ghosh/Rediff.com Brokerages......