Market

  • Nifty marks record high, tracks higher global shares 13 hours 37 minutes ago

    Mumbai: The Nifty is trading up 0.4 per cent after hitting a record high of 7,929.05, marking its fourth record high this week, surpassing the previous all-time high on Wednesday. Blue-chips gain: Infosys gains 0.89 per cent, while ICICI Bank is up 0.32 per cent. Asian shares rise in early trading after...
  • Nifty edges higher in cautious trade Yesterday

    Mumbai: The Nifty edged higher on Thursday for a seventh session of gains in the past eight, as continued buying by foreign investors bolstered blue-chips such as State Bank of India. The benchmark BSE Sensex provisionally closed 0.17 per cent higher at 26,360.11 points, while the broader Nifty ended up 0.2...
  • Fastest growing careers in India 2 days ago

    You want to know about the most wanted careers in India? The job market right now is a little awry, but it would soon get back with promising careers for the coming generation of geniuses. Here is a peek into the future jobs with the maximum growth potential in the Indian...
  • Sensex falls over 106 points to close at 26,314.29 2 days ago

    Mumbai: Sensex falls for the 1st time in seven sessions on Wednesday, down over 106 points the stock exchange clossed at 26,314.29 Earlier in the day the Competition Commission of India (CCI) has approved Deepak Fertilizers' proposed additional stake buy in Vijay Mallya group firm Mangalore Chemicals and Fertilizers. The approval from...
  • Sensex ends about 30 points higher at fresh closing peak of 26,420.67 on Tuesday 3 days ago

    Mumbai: Markets surged for the sixth session in a row on Tuesday with benchmark Sensex rising 30 points to a new closing peak of 26,420.67 and the Nifty gaining 23 points to end at a record 7,897.50 on account of continued overseas fund inflows, lower oil prices and positive global...
  • Sensex rises 288 points to end at new record high of 26,390.96 4 days ago

    Mumbai: A benchmark index of Indian equities markets surged 288 points or 1.18 per cent to hit a record high of 26,413.11 points before closing at 26,390.96 points. Healthy buying was observed in bank, capital goods, oil and gas, automobile and metal sectors, while selling pressure was seen in IT and...
  • Delhi: Free WiFi service starts in Khan Market; Connaught Place to get the facility by month-end 5 days ago

    New Delhi: The ambitious WiFi project of the New Delhi Municipal Council has taken off with Khan Market becoming the first area where visitors can avail the facility and Connaught Place to follow soon. "The WiFi facility in Khan Market started a few days ago. It is running successfully," O P...
  • Sensex surges about 361 points to close at 25,880.77 August 12, 2014

    Mumbai: Stock markets on Tuesday rose for the second straight session with the Sensex climbing over 361 points to close at nearly one-week high of 25,880.77 and the Nifty reclaiming the 7,700-mark after bluechips led by Tata Motors posted healthy earnings. After opening on a strong note on sustained buying amid...
  • Bring more retail investors to market: Jaitley to Sebi August 10, 2014

    New Delhi: Pitching for greater transparency in rule-making and other functions of regulators, Finance Minister Arun Jaitley on Sunday asked Sebi to work towards attracting more retail investors to the capital markets. Addressing the board of the capital markets regulator, Jaitley also asked Sebi to consider new measures to address issues...
  • Sebi bars two firms for raising funds illegally via securities August 8, 2014

    Mumbai: Sebi on Friday barred Falkon Industries India and Ravi Kiran Realty India and from raising funds through issue of securities and has also barred the companies and their respective directors from dealing in the securities market, till further directions. The capital market regulator found that Falkon Industries India had raised...
  • NDMC to deploy personnel for helping people in markets August 8, 2014

    New Delhi: New Delhi Municipal Council (NDMC) will train around 700 of its personnel and deploy them at various areas including markets to facilitate and guide the people visiting crowded places under its jurisdiction, an effort which will also provide a sense of security to them. The first batch of such...
  • Nifty marks second consecutive weekly fall on geopolitical concerns August 8, 2014

    Mumbai: The Nifty fell more than 1 per cent on Friday, marking its second consecutive weekly decline, as blue-chips such as Larsen & Toubro slumped on global risk aversion after US President Barack Obama authorised targeted air strikes in Iraq. The broader Nifty provisionally lost 1.05 per cent, its third straight...
  • Rupee hits 5-month low of 61.74 intraday ; ends 7 paise up Vs dollar August 8, 2014

    Mumbai: The rupee on Friday plunged by 52 paise to five-month low of 61.74 against the dollar with oil prices rising amid geopolitical tensions, but the domestic currency managed to close seven paise higher at 61.15 on suspected RBI intervention in the Forex market. At the Interbank Foreign Exchange (Forex) market,...
  • India's central bank governor warns of global market 'crash' August 7, 2014

    Mumbai: India's central bank governor Raghuram Rajan says global markets are at risk of a "crash" should investors start bailing out of risky assets created by the loose monetary policies of developed economies. The comments, carried in an interview with Central Banking Journal, reiterate Rajan's previous warnings that emerging markets were...
  • Micromax becomes the No.1 mobile phone seller in India, but Samsung still tops the Indian smartphone market August 6, 2014

    Mumbai: Indian budget smartphone maker Micromax has ousted Samsung Electronics Co Ltd as the leading brand in all types of mobile phones in the April-June quarter, grabbing a 16.6 percent market share, a recent research report showed. Samsung had 14.4 percent market share, down from 16.3 percent in the first quarter,...
  • Gold gains Rs 110 on festive season demand, global cues August 6, 2014

    New Delhi: Gold prices jumped by Rs 110 to Rs 28,500 per 10 grams in the national capital on Wednesday on festive season demand and positive global cues. Besides, depreciating rupee which fell to almost five-month low of Rs 61.41 (intra-day) against the US dollar, making imports costlier, influenced gold prices. However, silver...
  • Sensex sheds 243 points, Nifty below 7700 August 6, 2014

    Mumbai: Global markets weighed on Indian investors' sentiments. The Sensex was down 242.74 points or 0.9 per cent at 25665.27 and the Nifty slipped 74.50 points or 0.96 per cent at 7672.05. About 1496 shares have advanced, 1479 shares declined, and 116 shares are unchanged. Infosys, M&M, Reliance, BHEL and...
  • Sensex up 185 pts as RBI gives more funds to banks for lending August 5, 2014

    Mumbai: The benchmark Sensex on Tuesday soared 185 points as rate-sensitive auto, consumer durables and realty shares notched up handsome gains after RBI Governor Raghuram Rajan enabled banks to provide more credit even as he held interest rates for the third straight meeting. In highly volatile trade, the Sensex opened higher...
  • 'China's Apple' Xiaomi beats Samsung in Chinese smartphone market August 5, 2014

    Seoul: Xiaomi, a Chinese handset maker little known in the West, overtook tech giant Samsung Electronics Co. to become China's top-selling smartphone brand in the second quarter, a market research company said. According to Canalys, Xiaomi sold 15 million smartphones in China during the second quarter, more than a three-fold surge...
  • Sensex jumps over 200 points, tech shares up August 4, 2014

    Mumbai: The BSE Sensex jumps over 200 points and the Nifty is trading 1 per cent higher, heading for their first winning session in three. Technology stocks lead on weaker rupee - Infosys Ltd surges 3.7 per cent. Lenders gain ahead of the RBI's policy review, due on Tuesday. State Bank of...
  • Thieves steal 75 kg tomatoes from a vegetable market in Dausa August 3, 2014

    Jaipur: With tomato price hitting the roof, the vegetable has become a very prized possession. A group of thieves ransacked 21 shops at a local vegetable market in Dausa and stole 75 kg of tomatoes and an electronic weighing scale on Wednesday night. The strange part is that the burglars did...
  • Xiaomi replaces LG as the world's fifth largest smartphone maker August 1, 2014

    Beijing: China's Xiaomi has become the fifth largest smartphone maker in the world. The Chinese company reached this milestone in just three years. The electronics firm run by billionaire Lei Jun has captured five percent of the global market share in the last three months, according to new figures from Strategy...
  • Nifty falls most in nearly 3-1/2 weeks; Sensex down over 400 points August 1, 2014

    Mumbai: The Nifty fell 1.5 per cent on Friday, marking its biggest single-day fall in nearly 3-1/2 weeks as blue-chips such as Reliance Industries slumped tracking weaker global markets ahead of US jobs data later in the session. The BSE Sensex lost 1.6 percent, or 414.13 points, to end at...
  • Rupee tanks to 3-month low of 60.55 vs US dollar, down 49 paise on outflows July 31, 2014

    Mumbai: The rupee on Thursday depreciated 49 paise to close at a three-month low of 60.55 against the US dollar on capital outflows after the US Fed trimmed its monthly bond buying programme by another $10 billion. Heavy dollar demand from importers and weakness in local equities also pulled the...
  • Xiaomi eats into Samsung's smartphone market share July 31, 2014

    Beijing: Xiaomi Inc, the three-year old company known as the Apple of China, has become the world's No.5 smartphone maker by market share while Samsung Electronics Co Ltd's lead has continued to shrink, a report by Strategy Analytics shows. Three out of the world's top 5 smartphone sellers were Chinese manufacturers...
  • Sensex falls over 192 points, ends below 26,000-mark on outflows July 31, 2014

    Mumbai: The benchmark Sensex on Thursday slipped below the 26,000-mark by falling over 192 points as caution prevailed on the expiry of July derivative contracts and capital outflows after US Fed once again tapered its stimulus. Besides, a weakening rupee that depreciated 46 paise against the dollar to 60.52 intra-day...
  • Sensex rebounds 96 points to reclaim 26K mark; Bharti Airtel up 5 pc July 30, 2014

    Mumbai: The benchmark Sensex rose for the first time in three sessions and closed 96 points higher to reclaim the 26,000 level on Wednesday powered by gains in bluechips, led by Bharti Airtel, on encouraging quarterly earnings. After slipping to 25,850.04 points in early trade on selling by cautious participants ahead...
  • Manipal ties up with Google India for digital marketing course July 28, 2014

    Mumbai: Manipal Global Education Services on Monday said that it has tied up with internet advertising and search giant Google to launch a three-month certificate course in digital marketing aimed at business school graduates. Google India will provide the Karnataka-based with the training curriculum and the course involves classroom sessions, e-learning...
  • Nifty falls to one-week closing low on profit taking July 28, 2014

    Mumbai: The Nifty fell on Monday to its lowest close in a week, as profit-taking hit shares of blue-chips such as ICICI Bank Ltd for a second consecutive session after the record highs hit last week. ICICI Bank provisionally fell 1.3 per cent, while Reliance Industries ended lower 1.8 per cent. The...
  • Mobile services market in India to be $19.2 billion in 2014: Report July 27, 2014

    New Delhi: The number of mobile connections in India is expected to grow by 8 per cent to touch 815 million this year, even as the market is expected to remain at almost the same level as last year - at $19.2 billion, research firm Gartner said. The mobile user base...