Posts in category All News
MCX zinc (₹114.5/kg): Sell (25-08-2015)
sybly ind. (25-08-2015)
Wall Street rebounds sharply after ‘Black Monday’ (25-08-2015)
US stocks rebounded sharply on Tuesday as investors sought out bargains a day after Wall Street turned in its worst performance in four years.
SEBI clarified rules on employee stock option plans (ESOPs) (25-08-2015)
The Securities and Exchange Board of India has clarified rules on employee stock option plans after the new insider trading rules restricted the timing of sale of such shares.
Stock market recoups Rs 1.5 lakh cr of investor wealth (25-08-2015)
The market wealth had fallen to Rs 95.29 lakh crore yesterday after the market benchmark Sensex witnessed its biggest-ever crash of 1,624.51 points. (PTI)
Stock market today recouped nearly Rs 1.5 lakh crore of investor wealth as it sought to recover from the bloodiest ever carnage that wiped out over Rs 7 lakh crore from the total valuation of all listed stocks in the country.
At the end of today’s trade, the total investor wealth, measured in terms of cumulative valuation of all listed stocks, stood at Rs 96,51,311 crore — still far away from the Rs 100 lakh crore mark that it had lost yesterday.
The market wealth had fallen to Rs 95.29 lakh crore yesterday after the market benchmark Sensex witnessed its biggest-ever crash of 1,624.51 points.
Despite a volatile trade, the Sensex today closed the day with a gain of 290 points, or 1.13 per cent.
Among investor classes, the promoters own more than 50 per cent of the total wealth, while FIIs have 20-25 per cent. The retail investors have 8-10 per cent holdings, while the remaining is held by domestic institutions and others.
The total market valuation of all listed firms at the BSE had first hit Rs 100 trillion mark on November 28, 2014.
BSE is among the world’s ten largest exchanges in terms of market value, while it is the largest globally for number of firms listed on its platform. It has over 4,000 actively traded companies and nearly 2.7 crore investors trading on it.
Total market cap is still nearly double the level of about Rs 50 lakh crore seen in 2009, while it remains about ten-times of Rs 10 lakh crore level scaled in 2003.
Can’t rule out more turbulence from China: Austrian FM Hans Schelling (25-08-2015)
Further turbulence from China cannot be excluded in the next few months, Austrian Finance Minister Hans Joerg Schelling said on Tuesday.
Wall Street rebounds sharply after global market rout (25-08-2015)
LIC buys nearly 90 per cent of Indian Oil’s shares on offer (25-08-2015)
State-owned Life Insurance Corp of India (LIC) has purchased nearly 90 per cent of Indian Oil shares sold by the government in its Rs 9,379-crore disinvestment.