Share Market Update: Sensex dives 550 points, nifty at the level 10,500.

Share Market Opening: Equity benchmarks have plummeted more than one percent in the morning trade, with the Nifty opening 10,550. Exit results and weak global indications could have weighed on indices. Variation in Sectors: Sales were visible in all sectors,… Continue Reading

HSBC upgrades Indian stocks to ‘neutral’, citing reasonable valuations

Mumbai: HSBC has raised its rating on Indian equities to “neutral” from “underweight” in a regional context on Tuesday, citing recent underperformance and more reasonable valuations. “Since end-August, India underperformed because of issues in local banks, currency weakness and oil… Continue Reading

Rupee opens just about 5 paise down at 67.06 towards dollar

The rupee opened just about 5 paise down at 67.06 in opposition to buck on Monday as a consequence of selling of Amercian currency through banks and exporters. in the meantime, the domestic equity market opened on a flat notice… Continue Reading