Along expected lines Indian mutual funds will now give more time to Essel Group to settle its debts. Mutual funds gave the Essel Group additional time of 6 months to fully settle the dues of group companies. Last month, Chandra had sold a stake in Zee Read more [...]

It was a day when the Nifty and Sensex took a sharp hit but Wall Street ended higher on Tuesday. On a day when the Sensex corrected close to 650 points, the Dow and the NASDAQ ended in the positive. The difference was in the Saudi announcement that production Read more [...]

The markets saw a bounce on Wednesday but the auto sector continued to drag the overall market. With growth concerns still quite high, any bounce in the market would be met with selling pressure at higher levels. Metal stocks could be in the positive Read more [...]