Will Nifty-IT Outperform Post Elections?

The Nifty IT index, data shows, has outperformed the markets in each of the last four election years post the result. Illustration: Dominic Xavier/Rediff.com Usually, general elections cast a......

French banking major BNP Paribas looks to sell retail broking arm Sharekhan

French banking major BNP Paribas is planning to sell its domestic retail broking unit, Sharekhan, according to news reports on Tuesday. Photograph: Charles Platiau/Reuters The reports even named......

Sensex, Nifty close marginally down in volatile trade

Benchmark equity indices Sensex and Nifty ended marginally lower in highly volatile trade on Tuesday as losses in IT and auto stocks were largely offset by gains in banking and oil shares amid......

Bank stocks can slide more; stay away for now: Analysts

The global turmoil in the banking sector has made analysts cautious, who advise that investors stay away from stocks of this sector till the overall sentiment improves. Illustration: Uttam......