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Ravi Ranjan Prasad
About the AuthorRavi Ranjan Prasad
Reporting Indian stock market developments since 2005 from India' financial capital Mumbai and business related news from 1998.Mutual Funds,IPOs, Sebi also on radar.
    Led by the sharp fall in its shares, Vodafone Idea witnessed an erosion of Rs 3,792.58 crore from its market valuation which is now at Rs 12,442.42 crore.Business
    Telecom stocks soar on tariff hike news

    Reliance Jio promoter RIL also closed with gains of Rs 3.52 per cent at Rs 1,509.80.

    20 Nov 2019 1:02 AM IST

    According to capital market data aggregator Prime Databasethe , mutual fund industrys cash level increased in October by Rs 59,899 crore, indicating caution as the benchmark indices touched record highs.Business
    MFs raise cash levels by Rs 60K crore, shift counters

    As Infosys share price saw a big drop in October over an anonymous whistleblower complaint.

    19 Nov 2019 12:56 AM IST

    A DoT official privy to the development said instructions have gone to the licencing wing to carefully examine the implication of the Supreme Courts recent ruling for all such companies. (Photo: Representational)Business
    Telecom stocks crash over DoT move

    Rough estimates indicate Vodafone Idea may have to pay Rs 28,300 crore and Bharti Airtel, Rs 21,000 crore as per the...

    15 Nov 2019 12:53 AM IST

    Investors added risk in November as their portfolios are no longer explicitly geared to assets that outperform in a low growth & low inflation backdrop, the survey said.Business
    Global fund managers see equity as best doing asset class in 2020

    52% expect equities to be the top performer in 2020, followed by commodities (21%) and cash (10%).

    14 Nov 2019 1:46 AM IST

    BSE Auto Index fell 0.75 per cent while NSE Auto Index fell 0.67 per cent. The auto ancillaries makers were mixed though.Business
    Auto sales fail to enthuse stock markets

    Auto makers, however, saw a pick up in sales during the Diwali season.

    2 Nov 2019 1:54 AM IST

    Photo: FileBusiness
    November trade begins on a weak note

    Nifty-50 index closed 13.15 points or 0.11 per cent higher at 11,890.60.

    2 Nov 2019 1:51 AM IST

    Photo: FileBusiness
    Nifty shifts support base to 11700 levels

    Foreign portfolio investors were net buyers of equities worth Rs 1,870.87 crore which helped market to move up further.

    1 Nov 2019 2:07 AM IST

    The Sensex had made huge gains in May-June following the NDA victory and touched a high of 40312.07 on June 4, 2019.Business
    Sensex crosses 40,000 mark again

    The broader Nifty-50 Index also closed 0.40 per cent, or 57.25 points, to end at at 11844.10.

    31 Oct 2019 1:19 AM IST

    Photo: FileBusiness
    Muhurat trade points to positive moves

    Tata Motors gained 17.86 per cent while Yes Bank gained 55.37 per cent during the one hour trading session.

    29 Oct 2019 1:29 AM IST

    Bharti Airtel and MTNL, however, closed in the green gaining 0.90 per cent and 4.85 per cent, respectively.Business
    After SC jolt, telecom majors plead with Centre for relief

    They urged the government to review the impact of the Supreme Court judgement on the existing and defunct telecom...

    26 Oct 2019 1:35 AM IST

    Infosys founders, once a byword for financial probity, must clean house. Or go the way of outsourcing firm Satyam Computers, and its Rs 7,000 crore accounting scam of 2009.Business
    Infosys confirms US Securities Exchange Commission probe

    Reports said the Sebi has sought additional information from the company.

    25 Oct 2019 1:48 AM IST

    The regulator has reportedly asked the stock exchanges to collate trading data of Infosys shares as well as derivative positions, while details are being sought about alleged non-disclosure of key information.Business
    Infosys in mess over disclosure

    Stock exchange BSE has sought clarifications from Infosys, for which the reply was awaited at the press time.

    24 Oct 2019 1:18 AM IST

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