The BSE Sensex and NSE Nifty showed a nice rebound in late trade on Friday led by outstanding performance by SBI in fourth quarter numbers and sharp recovery in rupee from record low to near previous close.

MUMBAI: Shares of large broking firms extended declines on Wednesday as fourth quarter earnings show that profits from the broking business continue to remain under pressure, even as incomes showed a sharp increase from the previous quarter.

(RTTNews) - Edelweiss Capital Ltd., a leading investment banking and brokerage house, reported a lower consolidated net profit for the fourth-quarter, hurt by higher interest rates, liquidity crunch and severe slowdown in economic activity.

by FP Staff May 16, 2012 A gap-down start to the local markets and the indices have lost more than what they gathered in the last session.