MARKET

  • Nifty closes above 8300 for 1st time, Sensex spikes 520 points 22 hours 35 minutes ago

    Mumbai: The market staged spectacular performance on Friday as equity benchmarks saw the biggest one day gains for the first time since May 2014 led by index heavyweights like HDFC, Infosys, L&T and Reliance Industries. The rally was majorly driven by strong growth in US GDP in Q3CY14 and Japan's...
  • Sensex soars 217 points to five-wk high ahead of Fed meet outcome 2 days ago

    Mumbai: The benchmark Sensex on Wednesday surged 217 points to end at five-week high of 27,098.17 powered by gains in interest rate sensitive stocks, tracking rally in global markets ahead of the outcome of US Federal Reserve's policy meeting. Besides, hopes of further economic reforms by Modi government, rising rate cut...
  • Sensex rebounds 128 points to over one month high closes at 3 days ago

    Mumbai: The benchmark Sensex on Tuesday rebounded about 128 points to end at over one-month high and Nifty reclaimed the 8,000-mark on the back of good corporate earnings and rising hopes of a cut in interest rates. Pharma, banking and power shares led the rise, amid positive cues from global markets...
  • Sensex drops for 1st time in six days; Nifty ends below 8,000 4 days ago

    Mumbai: The benchmark Sensex retreated from one-month highs and fell about 98 points to end at 26,752.90, logging its first drop in six sessions, on losses in bluechips like HUL, Tata Motors and RIL and caution ahead of the US Federal Reserve monetary policy meet. The NSE Nifty fell by...
  • We are well-positioned in Indian enterprise market: BlackBerry 5 days ago

    New York: Canadian handset maker BlackBerry believes it is "well-positioned" for the multi-billion dollar Indian enterprise market armed with smartphones across multiple price points and end-to-end mobility solutions. "Today, BlackBerry offers an unparallelled global infrastructure, a combination of assets that deliver security at every level and across multiple platforms and an...
  • Faridabad cracker market fire: Fire station officer suspended, 5 injured October 22, 2014

    Faridabad: A day after a huge fire erupted at a cracker market on the Dussehra ground in Faridabad, the fire station officer has now been suspended. 5 people have been injured and over 200 makeshift stalls and 20 vehicles have been burnt. Police authorities have said that the fire is...
  • Faridabad cracker market fire: Vendors helpless, hundreds of onlookers, no police October 22, 2014

    Just a day ahead of Diwali people banking on the sale of crackers in Faridabad are reduced to tears, worried and have just one question - what next? A morning after a huge fire gutted Faridabad's biggest cracker market at the Dussehra Ground, there were hundreds of onlookers gathered at...
  • Sensex closes 212 points up; auto stocks rally October 22, 2014

    Mumbai: A benchmark index of Indian equities markets closed on Wednesday's trade up 211.58 points (provisional) or 0.80 per cent as auto stocks surged. All the sectors ended the day's trade in green and the rally was led by auto, capital goods, healthcare and consumer durables sectors. The 30-scrip Sensitive Index (Sensex)...
  • Faridabad: Cracker market goes up in flames October 22, 2014

    Around 200 shops were reduced to ashes when a massive fire engulfed a cracker market in Faridabad's Dussehra Ground on Tuesday evening. ...
  • Faridabad: A dark Diwali for vendors who sold crackers at Dussehra Ground October 21, 2014

    Faridabad: Ajay Batra, a middle-aged businessman, was one of those who lost their shops and vehicles in the huge fire that gutted over 200 cracker stalls at Faridabad's Dussehra Ground on Tuesday evening. And like anyone in his situation, Batra was rightly outraged. "We paid hefty fire safety charges when we got...
  • Watch: Over 200 stalls gutted in fire at Dussehra Ground in Faridabad October 21, 2014

    Over 200 shops were gutted in a huge fire at a cracker market in Faridabad's famous Dussehra Ground on Tuesday evening. Five people were reportedly injured and 20 cars were damaged in the fire. ...
  • Faridabad: Over 200 stalls gutted in fire at Dussehra Ground, three injured October 21, 2014

    Over 200 shops were gutted in a huge fire at a cracker market in Faridabad's famous Dussehra Ground on Tuesday evening. Five people were reportedly injured and 20 cars were damaged in the fire. ...
  • Faridabad: Over 200 stalls gutted in fire at cracker market at Dussehra Ground October 21, 2014

    Faridabad: Over 200 shops were gutted in a huge fire at a cracker market in Faridabad's famous Dussehra Ground on Tuesday evening. The number of injuries and deaths is still not confirmed as the police say that five people were hurt but eyewitnesses put the figure at 20. Around 20 cars...
  • Nifty gains for 3rd day, ends above 7900; Wipro surges 3 pc October 21, 2014

    Mumbai: The market rallied for the third consecutive session on Tuesday with the benchmark Nifty closing above the 7900 level supported by banks, metals, auto and capital goods stocks. The 30-share BSE Sensex rose 145.80 points to close at 26575.65 and the 50-share NSE Nifty climbed 48.35 points...
  • Rupee gains 5 paise vs dollar, ends at over 1-week high of 61.31 October 21, 2014

    Mumbai: The Indian rupee gained for the third session on Tuesday, surging by another five paise against US dollar to end at over one-week high of 61.31 on sustained selling of the greenback by banks and exporters in view of strong equity market and capital inflows. The domestic unit resumed...
  • Sensex likely to rise on Dhanteras October 21, 2014

    As Diwali festivities pick up, people across the country will be on a shopping spree on Tuesday. The day is considered auspicious for buying jewellery and utensils. It's a custom which mostly Marwaris, Gujaratis, Maharashtrians and some North Indian communities have followed for ages. All eyes will be on the...
  • Rupee gains for second day; election results cheer October 20, 2014

    Mumbai: The rupee gained for a second consecutive session on Monday after the BJP's success in two state elections and the government's removal of diesel subsidies and a hike in natural gas prices sparked hopes for additional reforms. The government lifted diesel price controls and raised the cost of natural gas...
  • Sensex soars over 321 points to end at 26429.85; Nifty at 7879.40 October 20, 2014

    Mumbai: The BSE Sensex and Nifty rose more than 1 per cent on Monday to mark their biggest daily gain in more than one week after the government's energy reforms led to a rally in oil firms, while wins by Bhartiya Janta Party in Maharashtra and Haryana assembly polls raised...
  • Rupee snaps two-day fall, rebounds 39 paise Vs US dollar to end at 61.44 October 17, 2014

    Mumbai: Tracking a recovery in local shares, the Indian rupee on Friday snapped a two-day declining trend and bounced back by 39 paise to end at 61.44 against the Greenback on fresh dollar selling by exporters and some banks. At the Interbank Foreign Exchange (Forex) market, the domestic unit commenced higher...
  • Rupee tumbles to over 7-month low, down 42 paise vs US dollar October 16, 2014

    Mumbai: Indian rupee on Thursday plummeted to 61.93 and closed 42 paise down at over seven-month low of 61.83 against the greenback on heavy capital outflows and a spike in demand for US dollars. The dollar index was up by a whopping 0.45 per cent against basket of six major...
  • India losing it's grip over cricket market? October 15, 2014

    India has long dominated the international cricket market with the BCCI controlling majority of the International Cricket Council's revenues. But it might not be the case anymore. According to a media report, ICC's media rights deal shows that India's contribution to world cricket has fallen considerably. "After Star won the ICC...
  • Rupee falls 31 paise vs US dollar to one-week low of 61.41 October 14, 2014

    Mumbai: Tracking equity markets, the Indian rupee on Tuesday wiped out initial gains and ended 31 paise down at a one-week low of 61.41 against the greenback on fresh dollar demand from banks and importers. Persistent foreign capital outflows also affected the the rupee sentiment, forex dealers said. The rupee opened higher...
  • SEBI bars DLF, its chairman among others from securities markets for 3 years October 13, 2014

    Mumbai: In a set back to the realty gaint DLF, the market regulator SEBI has barred the company and its chairman KP Singh along with vice chairman Rajiv Singh among others from securities markets for next 3 years after finding the company guilty of "active and deliberate suppression" of material...
  • Rupee down 15 paise against dollar in early trade October 10, 2014

    Mumbai: The rupee fell by 15 paise to 61.20 against the dollar in early trade on Friday due to fresh demand for the US currency from banks and importers amid a weak opening in local equities. Dealers said besides increased demand for the American currency from importers, the dollar's strength against...
  • Sensex plunges 340 points October 10, 2014

    Mumbai: Equity benchmarks erased some gains seen in previous session. The Sensex fell 339.90 points or 1.28 per cent to 26297.38, and the Nifty lost 96.80 points or 1.22 per cent to 7863.75 as the markets closed on Friday. About 1012 shares have advanced, 1903 shares declined, and 112 shares are...
  • Fed minutes lift Sensex 390 points; BHEL up 8 pc, Infosys Q2 eyed October 9, 2014

    Mumbai: Bulls finally found their feet on Dalal Street on Thursday. Equity benchmarks snapped three-day losing streak due to broadbased rally triggered by Fed chair Janet Yellen and the US Federal Reserve. Benchmarks recouped all its losses seen in previous three sessions. The 30-share BSE Sensex surged 390.49 points or...
  • Rupee jumps 31 paise against dollar in early trade October 9, 2014

    Mumbai: Extending its rising streak for the fourth straight day, the rupee surged by 31 paise to trade at two-week high of 61.09 against the dollar in early trade on Thursday at the Interbank Foreign Exchange on sustained selling of the US currency by exporters and banks. Forex dealers said besides...
  • Himachal Pradesh CM lays stone of vegetable marketing yard October 8, 2014

    Kullu: Himachal Pradesh Chief Minister Virbhadra Singh on Wednesday laid the foundation stone of a vegetable marketing yard to be built at a cost of Rs 7.17 crore at Bandrol. He said the yard would mainly benefit the fruit and vegetable growers of Kullu and Lahaul-Spiti districts. He said more such marketing...
  • Sensex closes flat; healthcare stocks plunge October 8, 2014

    Mumbai: A day after it fell around 300 points on negative global cues, a benchmark index of Indian equities markets provisionally closed on Wednesday's trade flat down 25.18 points or 0.10 per cent as healthcare, information technology (IT) and technology, entertainment and media (TECK) stocks fell. However, healthy buying was observed...
  • Sensex, Nifty fall 1 per cent; metals, capital goods, banks drag October 7, 2014

    Mumbai: The market extended its southward journey for the second trading session of the October month with the Sensex falling 296.02 points or 1.11 per cent to 26271.97 on Tuesday. The Nifty closed way below the 7900, down 93.15 points or 1.17 per cent to 7852.40. About 1120 shares advanced while...