Big Movers on D-St: What should investors do with Shree Renuka, IDBI Bank and Tata Chemicals?

Big Movers on D-St: What should investors do with Shree Renuka, IDBI Bank and Tata Chemicals?

New Delhi: Domestic equity markets settled mildly lower on Monday as the benchmark indices recouped most of the intraday losses. The BSE Sensex dropped 200 points to settle just shy of the 58,000 mark, whereas Nifty50 dropped about 75 points to close at 17,241. Fear gauge India VIX surged more than 4 per cent. Only … Read more

IDBI Bank zooms 11% as government invites bids for strategic disinvestment

IDBI Bank zooms 11% as government invites bids for strategic disinvestment

New Delhi: Shares of zoomed as much as 11 per cent during the early trade on Monday, despite the weakness in the global markets, as the government invited bids for the strategic disinvestment of the lender. The Finance Ministry on Friday invited expression of interest (EoI) for strategic disinvestment in IDBI Bank, a move which … Read more