"The Punjab National Bank has detected some fraudulent and unauthorised transactions (messages) in one of its branch in Mumbai for the benefit of a few select account holders with their apparent connivance. Based on these transactions other banks appear to have advanced money to these customers abroad," the third largest public sector lender said in its BSE filing.Read News

Music Broadcast, a Jagran group firm that runs Radio City FM channel, has listed on the BSE at Rs 420, 26% premium to its initial public offer (IPO) price of Rs 333. On the National Stock Exchange (NSE), it opened at Rs 413, 24% higher against its issue price. Read News

Positive global cues and fresh buying support lifted the Indian equity markets on Monday. The equity markets traded with healthy gains during the mid-afternoon session, as buying support was seen in interest sensitive stocks like automobiles, banks and capital goods. Read News

Indian equity markets fell prey to bears, as profit booking, negative global cues and a weak rupee arrested their meteoric rise during the week ended Friday. Read News

Profit booking and an endeavour to recover from the hangover of last week's Brexit (Britian's exit from the European Union) led the key Indian equity indices to end on a flat note, despite positive cues from their Asian peers.Read News

Heavy selling pressure from operators and investors at the fag-end of week due to sharp fall in global markets as the UK voted for Brexit, pulled down the sensex by 228 points and Nifty by 82 points. Read News

Profit-booking, coupled with disappointing railway budget and a slump in crude oil prices dragged the Indian equity markets lower during the just concluded weekly trade. The barometer 30-scrip sensitive index (S&P Sensex) of the Bombay Stock Exchange (BSE) plunged by 554.85 points or 2.34 percent to 23,154.30 points during the just concluded weekly trade.Read News

The Indian equity markets seem to be gearing up for a take-off, on the back of heightened chances of the goods and services tax (GST) getting through parliament and an imminent stimulus package for the European Union. Nevertheless, over-expectations from the Modi government on GST, key macro economic numbers and the rupee's relative strength might just act as dampeners. Read News

The media and political pundits needed the Bihar election outcome to conclude that the Modi wave is now officially over. The Indian markets, however, have been giving this signal for many months now with equities not participating in yet another global liquidity driven rally with the benchmark indices remaining more than 15 per cent off their all-time highs.Read News

When Alibaba listed on NYSE a year ago, it created history with the highest share sale value, making the Chinese e-commerce giant valued at around $230 billion. A year on, the company might create history again but this time, for the wrong reasons. Its scrip has nosedived close to 40% from its opening price and is now trading at almost $60 mark now.Read News

The bulls, it appeared, were back on the saddle at Indian equities markets, helping two key indices to register a spike of nearly 2.5 percent during the trading week ended Friday, buoyed by status quo in US interest rates and signs of easier monetary policy back home. Read News

Release of crucial inflation data and a decision on the US rate hike are expected to trigger high volatility and subdue investor sentiments in both the equity and currency markets during the upcoming week.However, investors might get a chance to enjoy the calm before the stormy session. As better-than-expected industrial output data released on September 11 restored confidence to chase prices on Monday. Read News