Sensex tumbles 553 points on selling in IT stocks

Benchmark equity indices Sensex and Nifty fell for the second day on Thursday dragged down by losses in IT stocks and relentless foreign fund outflows. Illustration: Dominic Xavier/Rediff.com......

Banking, financial stocks drag Sensex down by 427 points

Benchmark equity indices Sensex and Nifty declined on Wednesday, dragged down by banking and financial stocks amid weak trends in global markets. Photograph: Arko Datta/Reuters Besides, weak......

Markets recovery makes investors richer by Rs 4.21 lakh cr

Investors' wealth on Monday surged Rs 4.21 lakh crore as markets bounced back after five days of fall. Illustration: Dominic Xavier/Rediff.com The BSE Sensex jumped 602.75 points or 0.76 per cent......

Hyundai's IPO subscribed 2.37 times on final day

The initial public offer of Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, got subscribed 2.37 times on the third day of the bidding on Thursday, helped by institutional......