Market States

Monday, 20 July 2015

Stock Market Updates, News And Recommendations For 20/7/2015

Mumbai: BSE Sensex down by 56 points in early trade on Monday as funds and retail investors booked profits after recent gains amid a weak trend overseas.

Profit booking In IT Sector , banking, technology, consumer durables, power and capital goods sectors showed negatively impacted trading sentiments.

Rupee down by 9 paise to 63.56 against the US dollar on Monday.

New Delhi: Seven out of eight companies that entered  in Indian stock exchanges this year have shown good returns to investors and are trading way above the issue price. Till now in 2015, eight companies have launched initial public offers (IPO), collectively raising Rs 4,000 cores.

SEBI Updates: To push institutional investors into greater engagement in governance matters of listed firms, a high-level advisory body of regulator Sebi has suggested a new code on the lines of the Stewardship Code of the UK.

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