The stock market of India witnesses its seventh fall in the period of 8 days, with all the companies listed at the index flashing red.
The Bombay Stock Exchange Sensex fell by 0.5% that is a los…
BSE
Continuing its bullish run the Bombay Stock Exchange benchmark index Sensex rallied up on Thursday posting gains for the fourth consecutive trading day.
The index closed 132.95 points or 0.71 points up at 18,799.66 on strong cues from the European market. Thursday’s close was the highest for Sensex since January 2008.
On the other hand, the broad-based NSE Nifty closed 32.20 points or 0.57 per cent up at 5,640.05 points. Moreover, most of the Asian stock markets including Japanese Nikkei continue their good run to end positive on Thursday.
A proposal to issue about 66 lakh shares, which represents 6% of the capital of the bourse, has been approved by the shareholders of the Bombay Stock Exchange, though a special allotment to financial institutions, which paved a way for the induction of strategic investors in the future. BSE will be able to raise around Rs 248 crore at a price of minimum Rs. 375, with the help of the capital raising program.
A proposal to issue about 66 lakh shares, which represents 6% of the capital of the bourse, has been approved by the shareholders of the Bombay Stock Exchange, though a special allotment to financial institutions, which paved a way for the induction of strategic investors in the future. BSE will be able to raise around Rs 248 crore at a price of minimum Rs. 375, with the help of the capital raising program.


