Ameya Karve/Business Standard reportsThe Sensex completed its steepest weekly advance in eight months on Friday as overseas investors boosted purchases of local shares.Lenders and power companies paced the rally.ICICI Bank and NTPC rose at least 3.6 per cent, pacing gains in the benchmark gauge.The Sensex rose 0.6 per cent on Friday, taking its weekly advance to 3.4 per cent, the most since May 2016."The return of foreign flows is cheering the markets as local funds, which supported the stocks ... Rediff.com, 4 weeks ago
Tata Group stocks have suffered significant value erosion since the removal Cyrus Mistry as Tata Sons chairman and the subsequent atmosphere of confrontation surrounding the group. Now that a replacement for Mistry was found in N Chandrasekaran, the ...The Financial Chronicle, 1 month ago
Lending rate cuts announced by banks have provided a glimpse of better days ahead, though with a lag due to short-term demonetisation impact. The Prime Minister announced interest rate subvention for low cost housing, which hurt bank stocks as trading in ...The Financial Chronicle, 1 month ago
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