Markets continued to rally strongly and posted gains of about 3.5%. They are now just about 2.5% away from making a new high. Incidentally Bank Nifty and BSE BANKEX are already at new highs. BSESENSEX gained 1,352.89 points or 3.69% to close at 38,024.32 points. NIFTY gained 391.45 points or 3.55% to close at 11,426.85 […]

The offer for sale from MSTC Limited which had tapped the capital markets with its issue of 1,76,70,400 equity shares in a price band of Rs 121-128 has been extended. There was a discount of Rs 5.50 for retail investors and eligible employees. The issue consisted of compulsory 75% QIB which did not happen even […]