The Supreme Court rules against merger of Future Retail with RIL's arm Reliance Retail; Sensex down 215 pts to 54,278 at close
Business Standard brings you the top headlines on Friday
Average one-year return at 48% versus Sensex's 45% gain
Their holding rose to all-time high of 7.18% in Q1; institutional holdings decline
The over 1,847-point jump this week has come on the aggressive buying for overseas investors and hopes of economic revival following improvement in high-frequency indicators
Govt's U-turn on minimum public float of PSUs is surprising
Nifty50 index closed above the 16,000 mark for the first time, ending the session at 16,123 with a gain of 238 points, or 1.55 per cent
Kiyoshi Matsuura was so worried about growing old that he used anti-baldness treatment as a teenager: it's an obsessions reaping him profits
The Sensex rallied 363.79 points or 0.69 per cent to finish at 52,950.63
Bajaj Finance was the top loser in the Sensex pack, shedding 2.59 per cent, followed by Bajaj Finserv, SBI, Tata Steel, Titan, Asian Paints and Axis Bank
Credit Suisse Chairman Antonio Horta-Osorio has bought another 1 million Swiss francs ($1.1 million) worth of shares in the group as he tries to restore order to Switzerland's second-biggest bank.
Shares of pharma firm Dr Reddy's Labs have rallied about 15% after losing steam
Issue price was Rs 903 per share, IPO had garnered 180x subscription
The registrations are 2.6 times more compared to the same period last year and 6 times higher when compared to the same period of FY19
Tata Steel hogged the limelight in the Sensex pack, rallying 6.87%
The Mauritius-based funds invested in firms that ended up defaulting or were investigated for wrongdoing.
Market players said the developments in China has promoted several foreign funds to prune their exposure to the entire emerging market (EM) pack
The flood of money gushing into start-ups is a seminal moment for the markets, even if all this new capital is burned
Analysts say American sanctions on Chinese companies will prompt global investors to look at India more favourably