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More pain ahead for mid, small-cap indices

The underperformance comes amid liquidity concerns in the non-banking finance companies space and Essel Group default news. Illustration: Dominic Xavier/Rediff.com After gaining up to 6 per cent......

MFs have high exposure to Zee group cos, hit hard by stock crash

Debt funds have exposure of nearly Rs 8,000 crore to Zee group papers. Aditya Birla MF, HDFC MF, Franklin Templeton MF, and ICICI Prudential MF have the highest exposure, reports Samie Modak. ......

Profit booking, global cues subdue markets; Nifty holds 8,300

  Markets finished the session on a lower note amid choppy trades after investors booked profits at higher and attractive levels. Also, dismal global cues and fall in crude oil prices further......

ZEE's Subhash Chandra bets on white-label ATMs

With more than 100 million new accounts opened under the Jan Dhan Yojana, the demand for white-label ATMs has increased ZEE promoter Subhash Chandra is betting highly on white-label automated......

Education stocks rally 12% in late morning trade

Shares of companies related to education sector surged as much as 12 per cent on Thursday after Finance Minister P Chidambaram allocated Rs 65,867 crore (Rs 658.67 billion) to the HRD Ministry and......
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