Mumbai: The combined market capitalisation (m-cap) of the country's nine most valued firms got eroded by Rs 65,884 crore last week, with corporate bellwether Reliance Industries Limited (RIL) bearing the maximum loss. Software major Infosys, however, saw rise in its m-cap, which moved up Rs 536 crore to Rs 1,55,387 crore. Meanwhile, RIL saw its market value drop Rs 18,115 crore at Rs 2,47,368 crore as of Friday's close on...
05:19 PM, Dec 11, 2011
Mumbai: Tracking firming global trend, the Bombay Stock Exchange (BSE) benchmark Sensex on Monday rose the most in two months by 567 points on buying by funds in IT, bank and metal stocks. The 30-share index shot up by 567.50 points to close at 16,416.33, the biggest jump since June 24. It touched the day's high of 16,462.03 in tandem with a firming trend in the Asian region and higher...
09:41 AM, Aug 29, 2011
Mumbai: Worries over a prolonged global economic slowdown sent the BSE Sensex to its lowest close in nearly six weeks on Wednesday, as a last-minute budget deal by Washington to avoid a US default turned investor focus to its impact on growth. The United States stepped back from the brink of default on Tuesday but congressional approval of a deficit-cutting plan failed to dispel fears of a credit downgrade and...
12:33 AM, Aug 04, 2011
Mumbai: Indian equities snapped a six-day losing streak on Wednesday led by sharp pullback as markets looked oversold in previous sessions with the loss of around 1350 points on the Sensex. The Nifty added more than 100 points on heavy volumes; volume largely supported by F&O segment. Disappointing industrial output data dragged the Sensex down over 100 points but the same news shrugged off by markets in second half of...
04:05 PM, Jan 12, 2011
New Delhi:The government on Thursday said the income tax department would look into the tax issues relating to the housing loan scam racket. Meanwhile, the deadline for the notices issued by the CBI to 16 companies who allegedly received undue favours in the multi-crore housing loan scam ends on Thursday. A day after the CBI arrested top public sector bankers, Punjab National Bank said that the bribery case is a...
09:51 AM, Nov 25, 2010
Mumbai: State-run Coal India on Monday opened the order book for a $3.5 billion initial public offering that is on track to be the country's largest and was expected to generate heavy investor demand. After about two hours, the offering had attracted more than $450 million in orders, or 0.13 times the shares on offer, with most bids at the top of a 225 to 245 rupees per share price...
11:28 AM, Oct 18, 2010
Maheshwari says markets are starting to see pockets of performance. ...
03:10 PM, Mar 18, 2009
US markets closed on high after Fed Reserve Chairman Bernanke's promise. ...
10:12 AM, Feb 25, 2009
The Sensex went up 111 points to 10,447 and the Nifty gained 24 points at 3,136. ...
10:35 AM, Jan 07, 2009
Markets on Tuesday ended weak and investors need encouraging signs. ...
10:20 AM, Dec 03, 2008
Nifty above 2700; Oil, banking, capital goods stocks lead as market lifts. ...
10:50 AM, Nov 19, 2008
Buying is seen in metal, select capital goods, oil and power stocks. ...
10:39 AM, Nov 17, 2008
Sensex climbed to 10,358.63 points, against the previous close at 9,788.06. ...
11:03 AM, Nov 03, 2008
Midcap and small cap stocks are supportive to market breadth. ...
12:37 PM, Aug 20, 2008
The markets have recovered sharply from the early lows. ...
11:07 AM, Nov 22, 2007
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