All companies stock price surged on the news that UB Group has reached a deal with the world's largest spirit maker Diageo for a stake sale.
With the downgrade there is a danger that investors who hold these financial securities may sell out. Of course, the level of selling will depend on the way the investors react to this downgrade.
It was a day of irony on bourses today - while the stock market while the stock market recorded its second biggest single-day loss of 717 points, the stocks scaling their life-time high outnumbered those dropping to record lows by a wide margin. There were just five stocks on the Bombay Stock Exchange that dropped to their all-time low share prices, while as many as 89 stocks rose to their record highs.
Expectations of muted expenditure on railway infrastructure and the assumption that there would be no further fare hikes may have contributed to the fall, according to analysts.
As part of efforts to develop the corporate bond market, trading platforms for the fledgling instruments are expected to be operational from July at the Bombay Stock Exchange and the National Stock Exchange.
Nearly 80 stocks on the Bombay Stock Exchange (BSE) today witnessed an unusual price movement of up to 20 per cent. Belonging to 'S' and 'Z' categories and the trade-to-trade group, these scrips normally attract 5 per cent circuit breakers.
The BSE Sensex bounced back by 14.8 per cent (2,261.65 points) from Tuesday's intra-day low of 15,332.42 to close at 17,594.07 on Wednesday. The index, which lost 5,874.35 points from its all-time high of 21,206.77, has retraced 39 per cent of its total losses.
Sylph Technologies stock rises 100,000% to Rs 800 on re-listing.
Our stock exchanges no longer belong to one state or one community.
60% stocks in BS 200 underperform the Sensex in 2011.
Leading stock exchange BSE on Tuesday said it has added 1 crore registered investor accounts to its platform in a span of 148 days, taking the total count to 12 crore. The exchange added one crore investors' accounts between July 18 and December 13, BSE said in a statement. In comparison, the exchange took 124, 91, 85 and 107 days for the previous milestones of 11 crore, 10 crore, 9 crore and 8 crore, respectively.
Based on the current scenario, he classifies real estate as the highest in the risk grade, followed by infrastructure companies involved in construction, hotels, commodities and auto.
The board has approved the allotment of the shares, under the employee stock options plans of the company, Satyam said in a filing to the Bombay Stock Exchange. After the allotment, the paid-up share capital of the company stood at Rs 195,35,94,874 up from Rs 195,34,44,694, the filing added.
No circuit filter on the day of listing helps operators to push up prices.
Leading bourse Bombay Stock Exchange on Tuesday favoured more stock markets in the country saying it will help in channelising the household savings into productive capital.
Mega star Amitabh Bachchan, known as the Big B of the Bollywood, invests in small and mid-sized companies as well when it comes to stock market purchases, and is sitting on losses on some of his recent investments.
The company has fixed February 9, 2011 as the record date for ascertaining the eligibility of the shareholders, who would be entitled to receive sub-divided shares and bonus shares, it said in a separate filing to the BSE.
Whether it was scams or the threat of recession, the market survived everything with aplomb.
Suzlon shareholders approve of the stock split in a 1:5 ratio.
In November and December, FIIs pulled out $5 billion from the market, yet the Sensex settled back above the 20,000-mark.
Mukesh Ambani-controlled Reliance Industries on Wednesday said there are no proposals for a bonus issue or a stock split of its shares.
Cashing in on the opportunities galore courtesy the spurt in Indian equities, foreign fund house Citigroup Global Markets has raised about Rs 400 crore (Rs 4 billion) by selling shares of 24 blue chip firms in just nine trading sessions.
Japan's main market for emerging technology companies is in talks with the Bombay Stock Exchange for an alliance that could lead to Indian companies listing on its board in Tokyo.
Whether earnings growth sustains will be crucial to determining how Indian equity markets fare in the days to come.
But markets look to be in the consolidational phase and look to move up steadily till October when we could see a correction again post the quarterly results rally, says market expert Pranav Sanghavi.
Markets are at a consolidation stage, says expert Pranav Sanghavi.
Here's to figuring out how much you know about the Bombay Stock Exchange
Jindal Steel stock is set to split its stock on January 28, 2008
About 768 small and mid-cap stocks in the Bombay Stock Exchange witnessed selling pressure and got locked in the lower circuit as regulator SEBI started clamping down on manipulators and erring companies.
Even as foreign institutional investors rapidly pull out their money from Dalal Street, Norway's sovereign wealth fund, the world's second largest, is set to invest $2 billion in Indian stocks.
The Bombay Stock Exchange would suspend trading in 50 stocks including BPL Ltd and Kinetic Trust Ltd from February 9, for non-payment of annual listing fees for 2004-05.
A special court in Mumbai has directed the Anti-Corruption Bureau (ACB) to register a first information report (FIR) against former Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch and five other officials in connection with alleged stock market fraud and regulatory violations.
