Stocks

ICICI Securities raised a lower than expected Rs 3,514 at its initial public offering last week.

On Wall Street the S&P 500 lost 1.42 percent and the Nasdaq Composite 1.84 percent, both suffering their worst day in five weeks.

Indian stock markets are likely to start Friday's session on a positive note.

IndusInd Bank on Saturday said it will acquire country's second largest microfinance player Bharat Financial Inclusion Ltd (BFIL) and the transaction is expected to be completed in the next 10 months.

Till yesterday, the IPO was oversubscribed 2.33 times.

The S&P and the Dow were set to record eight straight quarters of gains, while the Nasdaq was on track for five.

The net proceeds of the issue will be for refinancing of existing borrowings and other general purposes, the company said.

86 per cent of shares reserved for institutional investors were subscribed by afternoon.

The company will manufacture the drug at its facility in Moraiya, Ahmedabad.

Mathew Martoma, was convicted in 2014 for his role as the "central figure" in the most lucrative insider trading scheme ever charged involving $275 million in illegal profits.

Global brokerage Nomura says Dr. Sikka's resignation pushes back turnaround hopes with a new CEO appointment likely to take time.

Sectoral indices, led by metal, IT, realty, tech, consumer durables and oil & gas were trading in the positive zone

The number of cases probed by Sebi jumped mainly because of references received from the income tax department.

Tata Motors weighed on the indexes after its first-quarter results failed to meet expectations.

The markets were a tad disappointed with a 0.25% repo rate cut but experts suggested that investors can continue to expect the bulls to rage.