Free Press Journal
  • SH Kelkar IPO snapped up 27 times; Rowe Price buys 18.4%

    Mumbai : Investors led by institutional players like T Rowe Price and Smallcap World Fund Inc lapped up  city-based fragrance maker SH Kelkar & Company’s public issue with the Rs 500-crore offer getting an over-subscription of 26.97 times on the last of bidding, reports PTI.

  • Sensex snaps 3-day winning streak, ends down by 58 pts

    Mumbai :  Coming off its two-month high reached earlier in the session, the BSE Sensex on Tuesday settled lower by a marginal 58 points as investors got down to booking profits after three consecutive days of gains. The fall in Asian equities only aided the downdraft. In a trade that remained choppy throughout the day mostly due to profit-booking in metal, oil and gas and pharma stocks, the benchmark index opened higher, but

  • The 5% discount model has not yielded desired results. In fact, it leads to hammering of the stock” - top finance ministry official

    Disinvestment dept seeks tax sops for retail investors

    New Delhi : In a bid to broad base retail participation in stock markets the Department of Disinvestment (DoD) has suggested tax incentives for small investors to invest in the equity market.

  • Time to rebalance your portfolio

    Making money in the stock markets after all comes down to one simple rule “Buy Low Sell High” However, time and again, we investors find ourselves flouting this norm. When the market is rising, we tend to buy to get in the party. What rises has to fall and when the market follows this rule, we tend to panic and sell in a hurry, often taking losses.

  • Oil

    Oil prices mixed in Asia as supply worries return

    Singapore: Oil prices diverged in Asia today as a report showing increased production by the OPEC cartel bolstered expectations a supply glut will persist well into next year.

  • Tribunal upholds Sebi’s order on Osian’s CIS; sets aside refund part

    New Delhi : The Securities Appellate Tribunal upheld Sebi’s order that art fund Osian’s was running Collective Investment Scheme (CIS), but asked the markets regulator to decide afresh while setting aside the directions for refund to investors.

  • Japanese stocks fall 1.11 percent

    Tokyo: Japanese stocks fell 1.11 percent on Tuesday as investors locked in some of last week’s steep gains while awaiting fresh trading cues expected later in the week.  The 225-issue Nikkei Stock Average was down 203.93 points, from last Friday at 18,234.74, Xinhua news agency reported.  Tokyo markets were closed on Monday for a holiday. The broader Topix index of all First Section issues on the Tokyo Stock Exchange moved 12.00 points

  • Tokyo stocks fall

    Tokyo stocks fall in morning trade

    Tokyo: Tokyo stocks fell 0.93 percent in the morning session of Tuesday as investors locked in some of the previous week’s steep gains. The 225-issue Nikkei Stock Average was down 172.00 points from last Friday to end the morning at 18,266.67, reported Xinhua news agency. Tokyo markets were closed Monday for a holiday. The broader Topix index of all First Section issues on the Tokyo Stock Exchange shed 11.30 points, or 0.75

  • Oil

    Oil prices extend gains in Asian trade

    Singapore: Oil prices climbed in Asia today boosted by a weaker dollar and expectations a rise in demand will ease a global supply glut, while investors await the release of key Chinese economic data this week.

  • DLF promoters to sell 40% stake in rental arm

    New Delhi : DLF promoters KP Singh family will sell their 40 per cent stake in the company’s rental arm DLF Cyber City Developers for an estimated Rs 14,000 crore to institutional investors.

  • Tokyo shares open higher

    Tokyo: Tokyo shares surged at the opening on Tuesday as investors’ sentiment here was high by overnight gains in overseas markets and a broad deal reached by the 12 members of the US-led Trans-Pacific Partnership free trade talk. At 9.15 a.m., the 225-issue Nikkei Stock Average gained 350.68 points, or 1.95 percent, from Monday to 18,356.17, Xinhua news agency reported. The broader Topix index of all First Section issues on the Tokyo

  • Earnings season, global cues to decide course of equity markets

    Mumbai : The quarterly results season and crucial global financial data points, coupled with fears of an upcoming US rate hike, might spook investors and flare up volatility in the Indian equity markets during the weekly trade commencing from October 5, reports IANS.

  • Sebi wants MFs to lower costs, be vigilant of risky assets

    Mumbai : To safeguard investors’ interest and help them maximise returns, markets regulator Sebi is set to tighten norms for mutual funds by asking them to lower the cost of investments and be more vigilant about risky assets.

  • Tokyo Stocks, Low

    Tokyo stocks end lower

    Tokyo: Tokyo stocks ended 0.05 percent lower in the morning session of Friday as investors were reluctant to make bold moves. The 225-issue Nikkei Stock Average shed 9.94 points from Thursday to end the morning at 18,289.68, Xinhua news agency reported. The broader Topix index of all First Section issues on the Tokyo Stock Exchange gained 2.02 points (0.14 percent) to 1,481.54. Major decliners included oil and coal products and shipping, while

  • Sensex surges

    Indian equities open higher tracking global cues

    Mumbai: Tracking the global markets, Indian equities opened higher on Friday with investors having booked profits the day before after decent rallies during the two previous trading sessions.

  • US Stocks

    US stocks retreat ahead of Fed meeting

    New York: The US stocks reversed early gains to end sharply lower on Wednesday as investors remained cautious ahead of the Federal Reserve’s policy meeting next week.

  • Oil price down

    Oil prices retreat as dealers eye US data

    Singapore: Oil prices edged lower in cautious Asian trade today as investors await the release of a US jobs report for August that could determine the Federal Reserve’s timetable for hiking interest rates.