U.S. stock futures rose in Asian trade on Monday in relief at a weekend rescue deal for Credit Suisse, though the mood was nervous and financial shares remained under pressure from contagion fears, even with support from global central banks. S&P 500 futures rose 0.5% in bumpy early trade. Currency markets were broadly steady while […]
By Manish Gupta No one stops India from buying Russian oil at above the $60 per barrel cap, imposed by G7 nations, as Indian firms do not use western services for such transactions, a senior official said on Monday, scotching rumours that the West’s conditions are hampering Delhi’s efforts to step up oil purchases from […]
Abans Holdings IPO, which concluded on 15 December, was subscribed 1.10 times on the last day of the bidding. The IPO received bids for 1.40 crore shares against 1.28 crore on the offer. Qualified institutional buyers (QIBs) subscribed 4.1 times the allotted quota. Meanwhile, high networth individuals (HNIs) bought 1.48 times the reserved portion and […]
Stock Market Today, Nifty, Bank Nifty: Benchmark indices Nifty and Sensex may trade lower on Monday amid negative global cues. The Nifty futures on the Singapore Exchange (SGX) were trading 90 points or 0.5% lower at 17,780 in the early morning trade. Asian markets were trading mixed with Japan’s Nikkei 225 falling 0.09%, South Korea’s […]