P R Jindal unit raises Rs 500 crore from Edelweiss managed fund, ECL at 25% IRR for 5 years to acquire distressed steel company.

The consortium of lenders – SBI, Union Bank, IFCI and Canara Bank – had sought bids to sell the loan facilities extended by all of them to ...

Domestic benchmark index NSE Nifty was trading 27.50 points up at 11,740.70.

Domestic benchmark index NSE Nifty was trading 11.90 points up at 11,474.10 while the BSE Sensex was trading 48.82 points up at 38,143.89.

Domestic benchmark index NSE Nifty was trading 60.55 points up at 11,403.80 while the BSE Sensex was trading 188.66 points up at 37,943.55.

Benchmark NSE Nifty index was trading 11.30 points down at 11,046.90 while the BSE Sensex was trading 8.53 points down at 36,716.89.

Among the 50 components in the Nifty index, 25 shares were trading in the green, while 24 were in the red.

In the Nifty pack, 26 stocks were trading in the green, while 23 stocks were in the red.

The NSE Nifty index was trading 60 points up at 10,913, while the BSE Sensex was up 214 points at 36,148 around 10:40 am.

Equity benchmarks were in the negative territory on unabated foreign fund outflows and surging global crude oil prices.

Equity benchmarks were trading in the negative territory on unabated foreign fund outflows and surging global crude oil prices.

Weak Asian cues and uninspiring March quarter earnings of some bluechip companies too dented investor sentiment.

Bharti Airtel, Infosys, Vedanta, Larsen & Toubro and UPL were among the top losers in the Nifty pack.

Bank, metal and financial stocks were among the top drags.

Buy Sathavahana Ispat Ltd. at a price target of Rs 130 and a stop loss at Rs 85

Shares of a Sathavahana Ispat have gained substantially amid talk that Stemcor is planning to buy promoters' 42.2% stake in the company.

The UK-based steel trading major Stemcor, which owns minority stakes in various Indian steel companies, is planning to increase its stake i...