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General insurance industry to invest Rs 100 cr annually for next 3-5 yrs in nationwide awareness campaignThe general insurance industry pledges ₹100 crore annually for 3-5 years to boost insurance adoption, aiming to bridge the gap between avai...
View: Kotak, Kapoor, Bajaj, Gelli and the noise over bank licenseProfessionals Ramesh Gelli who founded the Global Trust Bank and Rana Kapoor who started Yes Bank ran those two institutions aground forcin...
Chemicals have run their course, look out for consumer durables: Chakri LokapriyaWhen industries hit about 80% capacity utilisation, earnings estimates will stop being revised downwards. We are looking at FY23 as a norma...
Govt showed admirable restraint in not heeding businesses’ demand for bailout: Saurabh Mukherjea‘The message to businesses is clear: get ready for a long haul in Covid fight, you get moratorium of loans & relief from IBC’
Was India's NBFC crisis a myth or a reality?Many termed the immediate aftermath of IL&FS as India's Lehman moment. No doubt India's NBFCs had in 2019 their worst year in a decade amid...
Winners & losers: A tale of two halvesIt’s a clear establishment that there are two sets of companies out there – good and ugly.
DHFL plunges 44%; Indiabulls Housing down 8%: Why NBFC stocks fell like ninepins?Indiabulls Housing Finance, IL&FS Investment Managers suffered strong losses.
Sugar stocks mixed as Cabinet okays mega packageThe government will also create 30 lakh mt buffer of sugar stock to balance demand and supply mismatch, ETNow reported.
Stock market update: Sugar stocks mixed; Uttam Sugar Mills, Balrampur Chini Mills gainThe NSE Nifty50 index was trading 43 points up at 10,636, while the BSE Sensex was up 144 points at 35,047 around 11:25 am.
Sensex reverses gains, down 9 poins in late morning tradeHowever, buying interest after a fall in previous three sessions was seen in banks, pharma and metal sectors support the index initially.
- Rupee touches two-week high on euro strength
The Indian currency was also driven by dollar sales amid rally in local stocks as global risk sentiment improved partially
- 'BUY' OR 'SELL' ideas by experts for Friday, February 17
ET Now spoke to various experts and here's what they have to recommend for today's trade:
- Promoters pitch in to bail out rights issues
Gloomy stock markets coupled with apathy of minority investors are forcing promoters to step in to bail out the rights issues of their comp...
- Banks hold deliberations on Kingfisher crisis
Beleaguered Kingfisher Airlines would have to wait some more time for relief as its lenders continued deliberations today towards resolving...
- Bal Thackeray opposes talk of government bailout for Kingfisher Airlines
Shiv Sena chief Bal Thackeray today opposed any attempt by the government to bail out Kingfisher Airlines
- Govt bailout for Kingfisher defies logic, says Spicejet chief Neil Mills
Prime Minister Manmohan Singh had said that steps would have to be taken to help the private sector entities if they get into difficulties.
- Consumer-oriented cos stocks gain amid a falling market
Even on Monday, when the markets were choppy, stocks of companies such as Cadila Healthcare, GlaxoSmithKline, Tata Tea, Bayer Cropscience, ...
- Bank bailout lifts mood across markets
Local index heavyweights helped the benchmark Sensex and the broader Nifty gain more than 3% each. However, market breadth was not very con...
- Auto shares down as US auto bailout plan fails
Auto shares after showing some signs of recovery in the past two sessions following a 4 percentage point cut in Cenvat rate announced by th...
- Stocks to watch: HCL Tech, MindTree, Suzlon
Stocks are headed for a gap-up opening joining the global party following Citigroup's bailout plan and after US President-elect Barack Obam...