• Ex-Apple CEO John Sculley to launch budget Obi mobiles in India Yesterday

    John Sculley, the former chief of Apple who apparently fired the late Steve Jobs from the company in the mid-1980s, is funding a venture that aims to launch low-cost smartphones in India that will be priced between Rs 5,000 and Rs 8,000. Sculley is bullish on growth in the Indian...
  • Infosys Q4 net profit up 24.9 per cent to Rs 2,992 crore 3 days ago

    Mumbai: Infosys, India's second largest software services exporter, beat the street by reporting fourth quarter (January-March) net profit at Rs 2,992 crore, up 4 percent compared to previous quarter in FY14. However, revenues fell 1.15 percent to Rs 12,875 crore as against Rs 13,026 crore on sequential basis. Analysts had...
  • Sensex loses 144 points, Nifty below 6750: TCS gains 4 per cent 3 days ago

    Mumbai: After a lot of struggle, the market closed on a negative note. The Sensex was down 144.03 points at 22484.93, and the Nifty ended down 43.20 points at 6733.10. About 1278 shares have advanced, 1415 shares declined, and 166 shares are unchanged. Hindalco lost 4 per cent while Axis...
  • Sensex, Nifty end in red; Infosys up 1 pc ahead of Q4 results 1 week ago

    Mumbai: After remaining under pressure for the whole day, the market ended on a negative note. The Sensex was down 86.37 points at 22628.96, and the Nifty was down 20.10 points at 6776.30. About 1473 shares have advanced, 1227 shares declined, and 171 shares are unchanged. Sun Pharma, TCS and...
  • Nifty hits 6800, Sensex ends up 359 points; banks roar, IT sulks April 9, 2014

    Mumbai: After three days of consolidation, equity benchmarks set another record closing high on Wednesday with the Nifty hitting 6800-mark supported largely by banking and financial stocks. The index went up as high as 6,808.70 intraday, before closing at 6796.20, up 101.15 points or 1.51 percent. The Sensex surged 358.89...
  • Sun Pharma up 3 per cent, BHEL falls 3 per cent; Sensex, Nifty end flat April 7, 2014

    Mumbai: After some heavy losses, the market ended flat but Nifty was below the 6700. The Nifty ended at 6695.05, up 0.70 points while the Sensex was down 16.05 points at 22343.45. Sun Pharma did not lose its grip even though the market was weak. The stock wrapped up today's...
  • Sensex loses 150 points, Nifty ends below 6700; Cipla, SBI up April 4, 2014

    Mumbai: Investors booked profit ahead of the weekend, which dragged the market on Friday. The Sensex closed down 149.57 points at 22359.50, and the Nifty ended at 6694.35, down 41.75 points. About 1640 shares advanced, 1119 shares declined, and 143 shares were unchanged. BHEL, NTPC and Bharti Airtel lost 2...
  • Nifty ends above 6700; SBI loses 2 pc, pharma outperforms April 3, 2014

    Mumbai: Equity benchmarks retreated from record highs on Thursday with the Nifty snapping 10-day winning streak on account of profit booking in banks, oil & gas and capital goods stocks. The market fell as much as 0.8 percent intraday but it managed to trim losses in late trade. The Sensex...
  • Sensex, Nifty rise for sixth day as foreign funds pour in April 2, 2014

    Mumbai: Rising for the sixth straight day, the BSE benchmark Sensex on Wenesday climbed to yet another record closing high of 22,551.49 on increased foreign fund inflows mainly in banking and oil stocks amid firm global trends. In the day trade, the 30-share index touched all-time high of 22,592.10 for...
  • Sensex gains 46.30 points to end FY14 on cheerful note March 31, 2014

    Mumbai: Stock markets ended 2013-14 fiscal on a positive note with the Sensex rising by 46.30 points to fresh record closing high of 22,386.27 on buying by foreign funds in select oil, metal and banking stocks ahead of RBI policy meet. The 30-share barometer, which remained on a record setting...
  • Nifty ends March series above 6600, Sensex up 119.07 points March 27, 2014

    Mumbai: It is a record closing of March F&O series with the Nifty ending at 6642, up 40.35 points. The Sensex was up 119.07 points at 22214.37. About 1668 shares have advanced, 1105 shares declined, and 158 shares are unchanged. SBI, Bharti Airtel, Hero Motocorp, GAIL and NTPC were big...
  • Rupee opens at 60.24 per dollar, down 11 paise March 27, 2014

    Mumbai: The Indian rupee opened marginally lower in early trade on Thursday. It slipped 11 paise to 60.24 per dollar versus Wednesday's closing value of 60.13 a dollar. Mohan Shenoi of Kotak Mahindra Bank said, "Risk-on in global markets is resulting in FII flows into India keeping rupee well supported....
  • Nifty ends at new closing high; Reliance, Wipro fall 3 per cent March 25, 2014

    Mumbai: The market consolidates with the Nifty closing at record high of 6589.75, up 6.25 points. The Nifty had hit fresh intraday high of 6595.5, while Sensex too hit fresh intraday high of 22,080 in trade on Tuesday. The Sensex ended flat, down 0.27 points at 22055.21 BHEL, Hero MotoCorp,...
  • Sensex ends flat, Nifty above 6500 March 18, 2014

    Mumbai: After a little bit of negativity in the last hour, the market ended on a positive note. The Nifty managed to end above 6500 at 6516, up 12.45 points. The Sensex was up 22.81 points at 21832.61. Maruti hogged the limelight with a consistent 7 percent gain throughout the...
  • Nifty ends above 6500 after tough tussle; MCX slumps 4 per cent March 14, 2014

    Mumbai: It was a tough tussle for the bulls on Dalal Street, but the market managed to end in green. The Nifty closed up 11.10 points at 6504.20 and the Sensex was up 35.19 points at 21809.80. About 1200 shares advanced, 1534 shares declined, and 144 shares were unchanged. Capital...