Heavy foreign buying in equity derivatives points to a big move
Overseas investors bought Indian equity derivatives worth Rs 4,122 crore on Tuesday, NSE data showed. The amount included Rs 2,853 crore worth of index options. “This kind of buying in Nifty options happened in March and April and is pointing towards a big move on the long side even from... read more »
HDFC Bank is India’s Most Valuable Brand: Report
HDFC Bank is India’s most valuable brand, according to a report released by marketing and brand consultancy Millward Brown in conjunction with communications group WPP. The BrandZ Top 50 Most Valuable Indian Brands ranking values HDFC Bank at $9.4 billion or Rs. 56,400 crore ($1=Rs. 60). HDFC... read more »
Assam: 5 NDFB militants killed in encounter with security forces
Guwahati: Five NDFB-Songbijit militants were killed in an encounter with a joint police and army team in lower Assam’s Chirang district early on Wednesday morning, said a top police official. The extremists exchanged fire with the security forces during an operation in the jungle areas of... read more »
Sonia Gandhi Targets Modi Government, Says ‘People Caught in Web of F...
New Delhi: Sonia Gandhi today accused the Narendra Modi government of showing “false dreams” to the people of India and urged her Congress party to stay the course even though the road to revival may be “longer” and the struggle, harder.”We have done so much but our... read more »
