Indian market rallied last week to touch record highs, rally was mainly helped by RIL, HDFC twins, Kotak Bank & TCS.
BSE Sensex soared over 400 points to hit its record high after Reliance Industries (RIL) reclaimed USD 100 billion (approx Rs 6,86,604 crore) market capitalisation as its shares a hit 52-week high today.
Indian markets expected to open higher due to strong Asia cues. Dow Futures are trading with 50-100 points gains.
At 12.37 pm, the broader Nifty50 of NSE traded at 10,762.00 points -- lower by 7.90 points or 0.07 per cent -- from its previous close of 10,769.90 points.
Bullish positions seen in Maruti, RIL, IPCA Labs, Kotak Bank, HDFC Bank, Bajaj Auto.
In a major fillip to the startup ecosystem in the state, KSUM and YES Bank will join hands to provide a host of startup-focused corporate and commercial banking services.
Amazon India launched its SLN, which will allow sellers on the e-commerce major's platform to seek loans from multiple third party lenders.
Yes Bank today got shareholders' nod for raising USD 1 billion (about Rs 6,700 crore) from various instruments, including Qualified Institutional Placements (QIPs).
Sensex slipped over 137 pts to 35,325.98 in early trade on heavy selling in power, realty, oil & gas and banking stocks amid sustained capital outflows by foreign funds.
Private sector lender Yes Bank today said it seeks to raise USD 1 billion (about Rs 6,700 crore) by selling shares by way of a public issue, preferential issue or issuance of ADR and GDR.