Sensex ends higher amid volatile moves, Nifty above 10850 mark

  Mumbai, Jun 13: Some selling pressure gripped the market in the last hour of trade as investors may have turned cautious ahead of US Federal Reserve’s policy meet decision later in the day. The day witnessed some volatile moves. The Nifty was seen eyeing 10,900 at one point during the day. Benchmark indices began […]

PNB, SBI, 13 others get Moody’s counterparty risk ratings

PNB, SBI, 13 others get Moody’s counterparty risk ratings

  Mumbai, Jun 13: Global ratings agency Moody’s Investors Service today gave counterparty risk ratings (CRR) to 15 lenders in the country, including fraud-hit Punjab National Bank and country’s largest lender SBI. Others who got the ratings include ICICI Bank, Axis Bank, Bank of Baroda and HDFC Bank, among others. It said the CRR are […]

Sensex ends 209 pts up, Nifty at 10843

Sensex ends 209 pts up, Nifty at 10843

Mumbai, Jun 12: The Sensex and Nifty closed higher on rise in pharma and banking stocks amid higher Asian markets buoyed by the summit between President Donald Trump and North Korean leader Kim Jong Un in Singapore. While the Sensex closed 209 points higher at 35,692 level, the Nifty ended at 10,842, a gain of […]

BSE, Ebix plan to launch insurance platform by year-end

Mumbai, Jun 12: Leading bourse BSE and its joint venture (JV) partner Ebix, a US-based insurance exchange, are awaiting approval from the IRDAI to start an insurance distribution exchange platform, and expect to launch it by the end of this year, a senior BSE official said. The platform will allow distribution outlets, stock brokers, wealth […]