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Railway stocks gather steam as Suresh Prabhu takes charge
Shares of railway-related companies gained 3-10% on the Bombay Stock Exchange (BSE) in an otherwise subdued market on Monday, a day after Suresh Prabhu replaced D V Sadananda Gowda as railway minister.

Lovable Lingerie rallies on pact with Adidas Group
Lovable Lingerie has rallied 18% to Rs 434, also its 52-week high on NSE, after the company said it has entered into a brand sublicensing agreement with “Global Merchandising”, an overseas company of Adidas Group.

Fund raising via debt placement falls 34% to Rs 38,000 cr in Oct
Fund mobilisation by Indian firms through private placement of corporate debt securities or bonds plunged by 34 per cent to just over Rs 38,000 crore in October.

FMCG shares in demand; CNX FMCG index up 3%
Shares of fast moving consumer goods companies (FMCG) are in demand and trading higher by up to 7% in otherwise subdued market.

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